Cloud Peak Energy Inc. announced consolidated unaudited earnings results for the second quarter and six months ended June 30, 2016. For the quarter, the company reported revenues of $174,188,000 compared with $244,148,000 for the same period a year ago. Operating income was $45,920,000 compared with operating loss of $50,812,000 for the same period a year ago. Income before income tax provision and earnings from unconsolidated affiliates was $34,461,000 compared with loss before income tax provision and earnings from unconsolidated affiliates of $63,139,000 for the same period a year ago. Net income was $35,289,000 or $0.57 per diluted share compared with net loss of $52,897,000 or $0.87 per diluted share for the same period a year ago. Adjusted EBITDA was $19.3 million compared with $10.6 million for the same period a year ago. Adjusted EPS was $0.48 compared with $0.28 for the same period a year ago.

For the six months, the company reported revenues of $355,437,000 compared with $561,701,000 for the same period a year ago. Operating income was $20,275,000 compared with operating loss of $42,828,000 for the same period a year ago. Loss before income tax provision and earnings from unconsolidated affiliates was $2,588,000 compared with $68,111,000 for the same period a year ago. Net loss was $1,086,000 or $0.02 per diluted share compared with $57,577,000 or $0.94 per diluted share for the same period a year ago. Net cash used in operating activities was $12,213,000 compared with net cash provided by operating activities of $14,887,000 for the same period a year ago. Purchases of property, plant and equipment was $12,075,000 compared with $14,782,000 for the same period a year ago. Cash paid for capitalized interest was $945,000 compared with $228,000 for the same period a year ago. Adjusted EBITDA was $18.0 million compared with $50.1 million for the same period a year ago. Adjusted LPS was $0.04 compared with $0.33 for the same period a year ago.

The company provided earnings guidance for the full year of 2016. For the year, the company expects to report adjusted EBITDA in the range of $75 million to $95 million, net interest expense approximately $46 million, cash interest paid approximately $41 million, depreciation, depletion, amortization, and accretion in the range of $50 million to $60 million and capital expenditures in the range of $35 million to $45 million.