Foresight Energy LP (FELP) Misses Q4 EPS by 2c, Revenues Beat
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Foresight Energy LP Reports Full-Year¹ and Fourth Quarter 2018 Results
February 27, 2019 7:22 AM ESTFull-Year 2018 Highlights:
Coal sales of $1.097 billion on record sales volumes of 23.4 million tons. Adjusted EBITDA of $313.6 million. Cash flows from operations of $133.4 million. Net loss of $61.6 million, or ($0.32) per common unit and ($0.55) per subordinated unit. Paid cash distributions to common unitholders totaling $18.1 million, or $0.2260 per unit, during 2018. Increased the distribution by 6% to $0.06 per unit from retained excess cash flow, to be paid on March 29, 2019, to unitholders of record as of March 19,... More