CONSOL Coal Resources LP reported unaudited consolidated earnings and production results for the first quarter March 31, 2018. For the quarter, the company reported Net income was $21,957,000 against $14,066,000 a year ago. Adjusted EBITDA was $35,081,000 compared to $27,910,000 a year ago. Net cash provided by operating activities was $29,264,000 against $17,662,000 a year ago. Capital expenditures were $7,235,000 against $8,361,000 a year ago.

For the quarter, coal production was 1.7 million tons compared to 1.7 million tons a year ago. Coal sales were 1.7 million tons compared to 1.7 million tons a year ago.

For the year 2018, the company expects coal sales volumes of 6.55 million tons 6.80 million tons, coal average revenue per ton of $47.15-$48.75 and cash cost of coal sold per ton $28.50-$30.00.

For the year 2018, the company expects adjusted EBITDA of $95 million-$115 million and capital expenditures of $31 million-$36 million. Based on the revenue, cost and sales guidance, the company is also increasing adjusted EBITDA guidance for CCR and CEIX by $5 million and $30 million, respectively.