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Last $16.05 USD
Change Today +1.44 / 9.86%
Volume 539.5K
HCLP On Other Exchanges
Symbol
Exchange
New York
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

hi-crush partners lp (HCLP) Key Developments

Hi-Crush Partners LP Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Provides Capital Expenditure Guidance for the Second Half and Full Year 2015

Hi-Crush Partners LP reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported revenues of $83,958,000 against $82,724,000 a year ago. These revenues were generated on sales of 1.2 million ton of frac sand, which was essentially flat compared to the first quarter of 2015. Income from operations was $14,427,000 against $32,120,000 a year ago. Net income attributable to company was $11,450,000 against $29,541,000 a year ago. Diluted earnings per unit common and subordinated units were $0.31 against $0.75 a year ago. EBITDA was $19,195,000 against $35,615,000 a year ago. For the six months, the company reported revenues of $186,069,000 against $153,302,000 a year ago. Income from operations was $41,598,000 against $52,050,000 a year ago. Net income attributable to company was $35,135,000 against $47,913,000 a year ago. Diluted earnings per unit common and subordinated units were $0.91 against $1.25 a year ago. EBITDA was $48,776,000 against $59,558,000 a year ago. Cash flow from operating activities was $58,027,000 against $53,679,000 a year ago. CapEx was $40 million funded through borrowings under revolver and ongoing operations. For the second half of 2015, The company expects to spend between $10 million and $15 million, mainly on the continued build out of distribution facilities. For the full year 2015, CapEx total of $50 million to $55 million is slightly above the high end of previous $30 million to $50 million guidance range as some spending from 2014 projects carried over during the first half of 2015.

Hi-Crush Partners LP to Report Q2, 2015 Results on Aug 06, 2015

Hi-Crush Partners LP announced that they will report Q2, 2015 results Pre-Market on Aug 06, 2015

Hi-Crush Partners LP, Q2 2015 Earnings Call, Aug 06, 2015

Hi-Crush Partners LP, Q2 2015 Earnings Call, Aug 06, 2015

Hi-Crush Partners LP Announces Second Quarter 2015 Cash Distribution Payable on August 14, 2015; Reports Capital Expenditure Results for the First Half of 2015; Provides Capital Expenditure Guidance for the Second Half of Year 2015

Hi-Crush Partners LP announced that the Board of Directors of its general partner has declared a cash distribution of $0.475 per unit on all common and subordinated units, or $1.90 on an annualized basis. Hi-Crush paid distributions of $2.40 per unit on all common and subordinated units for 2014 and $0.675 per unit for the first quarter 2015. The distribution will be paid on August 14, 2015 to all common and subordinated unit holders of record on August 5, 2015. The company also announced that cash capital expenditures in 2015 were $40 million during the first half of the year including some spending carried over from 2014 projects. The remaining capital expenditures for 2015 are expected to range between $10 million and $15 million, principally spending on new distribution facilities.

Hi-Crush Partners LP Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 01:30 PM

Hi-Crush Partners LP Presents at Credit Suisse 2015 MLP and Energy Logistics Conference, Jun-24-2015 01:30 PM. Venue: Credit Suisse Offices, One Madison Avenue, 12th Floor, New York, New York, United States. Speakers: Laura C. Fulton, Chief Financial Officer of Hi-Crush GP LLC and Chief Accounting Officer of Hi-Crush GP LLC.

 

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HCLP

Industry Average

Valuation HCLP Industry Range
Price/Earnings 6.6x
Price/Sales 1.4x
Price/Book 3.7x
Price/Cash Flow 5.4x
TEV/Sales 0.8x
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