Rhino Resource Partners LP Reports Unaudited Consolidated Earnings and Production Results for the Second Quarter and Six Months Ended June 30, 2016; Reports Loss on Asset Impairments for the Second Quarter Ended June 30, 2016
For the six months, the company reported total revenues of $83.169 million against $112.949 million a year ago. Loss from operations was $119.836 million against $10.707 million a year ago. Net loss before income taxes from continuing operations was $123.176 million against $12.674 million a year ago. Common unitholders' interest in from continuing operations was $89.511 million or $26.57 per diluted share against $7.128 million or $4.18 per diluted share a year ago. Common unit holders' interest in net loss was $89.511 million or $26.57 per diluted share against $6.722 million or $4.14 per diluted share a year ago. Adjusted EBITDA was $11.1 million against $10.3 million a year ago. LBITDA from continuing operations was $107.7 million against EBITDA from continuing operations of $7.1 million a year ago. Net cash provided by operating activities was $4.1 million against $11.4 million a year ago.
For the quarter, the company reported total tons produced of 112 million against 266.200 a year ago.
For the six months, the company reported total tons produced of 196.400 against 531.800 a year ago.
For the quarter, the company reported loss on asset impairments of $118.705 million against $2.179 million a year ago.