exterran partners lp (EXLP) Key Developments
Exterran Partners, L.P. Announces Cash Distribution for the Second Quarter ended June 30, 2015, Payable on August 14, 2015
Jul 29 15
Exterran Partners, L.P. announced a cash distribution of $0.5675 per limited partner unit, or $2.27 per limited partner unit on an annualized basis, payable on August 14, 2015 to unitholders of record at the close of business on August 10, 2015. The second-quarter 2015 distribution covers the period from April 1, 2015 through June 30, 2015.
Exterran Partners, L.P. Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 10:45 AM
Jun 17 15
Exterran Partners, L.P. Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 10:45 AM. Venue: Credit Suisse Offices, One Madison Avenue, 12th Floor, New York, New York, United States. Speakers: David S. Miller, Chief Financial Officer of Exterran GP LLC, Senior Vice President of Exterran GP LLC and Director of Exterran GP LLC.
Exterran Partners, L.P. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment for the First Quarter of 2015
May 5 15
Exterran Partners, L.P. reported unaudited consolidated earnings results for the first quarter ended March 31, 2015. For the quarter, the company reported revenue of $164,295,000 compared with $121,046,000 for the same period last year. Income before income taxes was $20,728,000 compared with $7,121,000 for the same period last year. Net income was $20,085,000 or $0.28 per basic and diluted share compared with $6,939,000 or $0.09 per basic and diluted share for the same period last year. EBITDA, as further adjusted was $78,741,000 compared to $56,052,000 a year ago. Capital expenditures were $68,239,000 compared with $52,950,000 for the same period last year. Net capital expenditures were $63,615,000 compared with $51,832,000 for the same period last year. Cash flows from operating activities were $78,068,000 compared with $45,403,000 for the same period last year. First-quarter highlights included solid operating performance and a distribution coverage ratio of 1.42 times. Net income, excluding items, for the first quarter 2015 was $23.6 million, or $0.35 per diluted limited partner unit, excluding pretax charges of $3.5 million due to non-cash long-lived asset impairment charges related to fleet compared to $11.3 million, or $0.17 per diluted limited partner unit, for the first quarter 2014.
The company recorded long-lived asset impairment of $3,484,000 for the first quarter ended March 31, 2015 against $2,486,000 a year ago.
Exterran Holdings Seeks Acquisitions
May 5 15
Exterran Partners, L.P. (NasdaqGS:EXLP) will look for acquisitions. It said, "We expect to actively consider a variety of assets for potential acquisitions and growth projects. We expect to fund these future capital expenditures with borrowings under our senior secured credit facility and the issuance of additional debt and equity securities, as appropriate, given market conditions. The timing of future capital expenditures will be based on the economic environment, including the availability of debt and equity capital."
Exterran Holdings, Inc. to Report Q1, 2015 Results on May 05, 2015
Apr 29 15
Exterran Holdings, Inc. announced that they will report Q1, 2015 results at 11:00 AM, US Eastern Standard Time on May 05, 2015