Hi-Crush Partners LP reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2017. For the quarter, the company reported revenues of $135,220,000 against $38,429,000 a year ago. Income from operations was $18,524,000 against loss from operations of $8,088,000 a year ago. Net profit attributable to company was $16,380,000 against net loss attributable to company of $12,159,000 a year ago. Basic and diluted loss per unit common and subordinated units was $0.18 against basic and diluted earnings per unit common and subordinated units of $0.26 a year ago. EBITDA was $26,840,000 against LBITDA of $3,401,000 a year ago. Adjusted EBITDA was $2,068,000 against adjusted LBITDA of $3,344,000 a year ago. Maintenance and replacement capital expenditures, including accrual for reserve replacement was $2,945,000 against $1,164,000 a year ago. Distributable cash flow attributable to limited partner unit holders was negative $22,864,000 against positive of $6,245,000 a year ago.

For the six months, the company reported revenues of $218,584,000 against $90,577,000 a year ago. Income from operations was $15,186,000 against loss from operations of $56,948,000 a year ago. Net income attributable to company was $9,549,000 against net loss attributable to company of $64,659,000 a year ago. Diluted earnings per unit common and subordinated units was $0.13 against diluted loss per unit common and subordinated units of $1.57 a year ago. EBITDA was $28,185,000 against LBITDA of $48,350,000 a year ago. Adjusted EBITDA was $28,455,000 against adjusted LBITDA of $14,605,000 a year ago. Maintenance and replacement capital expenditures, including accrual for reserve replacement was $2,945,000 against $1,164,000 a year ago. Distributable cash flow attributable to limited partner unit holders was positive $22,864,000 against negative of $6,245,000 a year ago. Cash flow from operating activities was $24,545,000 against cash flow used in operating activities of $3,829,000 a year ago.

The Partnership maintained its guidance for capital expenditures in the range of $115 million to $125 million for the full year of 2017, of which $11.4 million was spent in the first six months of the year, primarily for the completion of distribution terminal facilities in Colorado and Texas. For the six months ended June 30, 2017, capital expenditures totaled $67.9 million related to costs associated with the construction of company's Kermit facility and the Pecos terminal, among other projects. The Partnership expects sales volumes to increase to 2.4 to 2.6 million tons.