CNX Coal Resources LP Reports Unaudited Earnings Results for the Second Quarter Ended June 30, 2016; Reports Production Results for the Second Quarter Ended June 30, 2016; Reaffirms Earnings Outlook for the Full Year 2016
The company also reported production results for the second quarter Ended June 30, 2016. Coal Production of 1.2 million tons against 1.2 million tons for the same period last year. Coal sales of 1.2 million tons against 1.1 million tons for the same period last year.
The company reaffirmed its previously announced guidance ranges for 2016. The company expects Coal sales of 4.5 million tons to 5.1 million tons. Adjusted EBITDA in the range of $59 million to $69 million and Maintenance capital expenditures of $18 million to $20 million.