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Last $2.09 USD
Change Today +0.13 / 6.63%
Volume 74.5K
RNO On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 04/24/15 All times are local (Market data is delayed by at least 15 minutes).

rhino resource partners lp (RNO) Snapshot

Open
$1.92
Previous Close
$1.96
Day High
$2.09
Day Low
$1.92
52 Week High
07/28/14 - $14.65
52 Week Low
01/20/15 - $1.77
Market Cap
60.8M
Average Volume 10 Days
80.0K
EPS TTM
$-0.72
Shares Outstanding
16.7M
EX-Date
04/28/15
P/E TM
--
Dividend
$0.08
Dividend Yield
47.37%
Current Stock Chart for RHINO RESOURCE PARTNERS LP (RNO)

rhino resource partners lp (RNO) Related Businessweek News

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rhino resource partners lp (RNO) Details

Rhino Resource Partners LP, together with its subsidiaries, produces, processes, and sells various grades of steam and metallurgical coal from surface and underground mines in the United States. As of December 31, 2014, it operated nine mines, including four underground and five surface mines located in Kentucky, Ohio, West Virginia, and Utah. The company markets its steam coal primarily to electric utility companies as fuel for their steam powered generators; and metallurgical coal primarily to steel and coke producers. It also manages and leases coal properties; invests in oil and gas mineral rights in the Cana Woodford region of western Oklahoma; mines and sells limestone from reserves located at Sands Hill mining complex to construction companies and road builders; and provides drill pad construction services for drilling operators. The company controlled an estimated 480.0 million tons of proven and probable coal reserves consisting of an estimated 425.1 million tons of steam coal and an estimated 54.9 million tons of metallurgical coal; and 290.0 million tons of non-reserve coal deposits, as well as owned 1,900 net mineral acres of oil and natural gas investments. Rhino GP LLC operates as a general partner of the company. The company was founded in 2003 and is based in Lexington, Kentucky.

Founded in 2003

rhino resource partners lp (RNO) Top Compensated Officers

Chief Executive Officer of Rhino GP LLC, Pres...
Total Annual Compensation: $328.8K
Chief Financial Officer of Rhino GP LLC and E...
Total Annual Compensation: $340.0K
Vice President of Rhino GP LLC, General Couns...
Total Annual Compensation: $207.0K
Senior Vice President of Business Development...
Total Annual Compensation: $270.2K
Vice President of Sales - Rhino GP LLC
Total Annual Compensation: $215.0K
Compensation as of Fiscal Year 2014.

rhino resource partners lp (RNO) Key Developments

Rhino Resource Partners LP Announces First Quarter Distribution, Payable on May 15, 2015

Rhino Resource Partners LP announced a cash distribution of $0.02 per common unit, or $0.08 per unit on an annualized basis. This distribution will be paid on May 15, 2015 to all common unit holders of record as of the close of business on April 30, 2015 and no distribution will be paid on the subordinated units.

Rhino Resource Partners LP Announces Board Changes

Rhino Resource Partners LP announced that Joseph M. Jacobs, Director of Rhino GP LLC, the general partner of Rhino Resource Partners LP, has announced his resignation from the Board of Directors of Rhino GP LLC as of April 6, 2015. On April 6, 2015, Philip Braunstein was appointed as a Director of Rhino GP LLC. Mr. Braunstein joined Wexford Capital in 2007 and currently serves as Vice President of the firm. Mr. Braunstein is responsible for overseeing the acquisition, management and disposition of many of Wexford Capital's private equity investments across a number of sectors and has served on the boards of private companies in which Wexford Capital has held investments. On April 9, 2015, Joseph E. Funk was appointed as a Director of Rhino GP LLC. Mr. Funk has served as President and Chief Executive Officer of Rhino GP LLC since November 2014.

Rhino Resource Partners LP Announces Unaudited Consolidated Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Reports Impairments Charges for Fourth Quarter Ended December 31, 2014; Provides Earnings Guidance for the First Quarter of 2015

Rhino Resource Partners LP announced unaudited consolidated earnings and production results for the fourth quarter and full year ended December 31, 2014. For the quarter, the company reported total revenues of $61,870,000 against $62,684,000 a year ago. Loss from operations was $53,340,000 against income from operations of $2,959,000 a year ago. Loss before income taxes from continuing operations was $61,249,000 against income before income taxes from continuing operations was $687,000 a year ago. Net loss was $61,324,000 against net income of $820,000 a year ago. LBITDA from continuing operations was $50.9 million against EBITDA from continuing operations of $12.4 million a year ago. Adjusted EBITDA was $2.2 million against $16.1 million a year ago. Net cash provided by operating activities was $3.8 million against $11.5 million a year ago. Diluted net loss per common unit was $2.07 for the quarter compared to diluted net income per unit of $0.03 for the fourth quarter of 2013. The company maintenance capital expenditures were $2.9 million for the quarter, while expansion capital expenditures were approximately $1.8 million, which consisted primarily of payments for the final development phase at Pennyrile. Adjusted EBITDA for the quarter was $2.2 million, which was impacted by the operational issues that Joe discussed earlier. For the year, the company reported total revenues of $239,057,000 against $272,265,000 a year ago. Loss from operations was $64,761,000 against income from operations of $20,531,000 a year ago. Loss before income taxes from continuing operations was $81,907,000 against income before income taxes from continuing operations was $8,111,000 a year ago. Net income was $48,435,000 against $9,418,000 a year ago. LBITDA from continuing operations was $39.0 million against EBITDA from continuing operations $55.6 million a year ago. Adjusted EBITDA was $145.2 million against $63.5 million a year ago. Net cash provided by operating activities was $21.2 million against $51.7 million a year ago. Basic and diluted net loss per common unit from continuing operations of $2.76 compared to basic and diluted net income per common unit from continuing operations of $0.29 for the year ended December 31, 2013. Including income from discontinued operations, total basic and diluted net income per common unit was $1.63 for the year ended December 31, 2014 compared to total basic and diluted net income per common unit of $0.33 for the year ended December 31, 2013. The company reported approximately $45.3 million of asset impairment and related charges impacted the net loss for the quarter ended December 31, 2014, as well as an additional $5.9 million impairment charge related to the Rhino Eastern joint venture investment. For the first quarter of 2015, the company expects adjusted EBITDA from continuing operations to be approximately $4.0 million, which is an improvement over the fourth quarter results. The company have no significant planned growth capital expenditures, and the investments to develop Pennyrile are nearing completion. The company anticipates cash flow to grow at Pennyrile and expect costs to improve at Hopedale.

 

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RNO Competitors

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Industry Analysis

RNO

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Valuation RNO Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.3x
Price/Book 0.2x
Price/Cash Flow 0.7x
TEV/Sales NM Not Meaningful
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