Rhino Resource Partners LP (RHNO) 1.9600 $RHNO
Post# of 273254
Rhino Resource Partners LP Announces Sale of Elk Horn Coal Leasing Company
Marketwire Canada - Tue Aug 23, 7:44AM CDT
LEXINGTON, KY--(Marketwired - Aug 23, 2016) - Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today it entered into an agreement to sell its Elk Horn coal leasing company to a third party for total cash consideration of $12.5 million.
Rhino Resource Partners LP Announces Second Quarter 2016 Financial and Operating Results
Marketwire Canada - Wed Aug 10, 6:00AM CDT
LEXINGTON, KY--(Marketwired - Aug 10, 2016) - Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today its financial and operating results for the quarter ended June 30, 2016. For the quarter, the Partnership reported a net loss of $121.9 million and Adjusted EBITDA of $4.5 million, compared to a net loss of $8.1 million and Adjusted EBITDA of $4.1 million in the second quarter of 2015. Approximately $118.7 million of asset impairment charges impacted the net loss for the quarter ended June 30, 2016. Diluted net loss per common unit was $13.42 for the quarter compared to diluted net loss per common unit of $2.73 for the second quarter of 2015. Total revenues for the quarter were $42.8 million, with coal sales generating $39.1 million of the total, compared to total revenues of $56.8 million and coal revenues of $48.5 million in the second quarter of 2015. (Refer to "Reconciliations of Adjusted EBITDA" included later in this release for reconciliations to the most directly comparable GAAP financial measures).
Rhino Resource Partners LP Announces Timing of Second Quarter 2016 Earnings Release Date
Marketwire Canada - Mon Aug 01, 3:37PM CDT
LEXINGTON, KY--(Marketwired - Aug 1, 2016) - Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" today announced that it plans to release its 2016 second quarter financial results on Wednesday, August 10, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department.
OTCQX and OTCQB Companies to Present at 2016 Marcum MicroCap Conference
PR Newswire - Tue May 31, 5:49PM CDT
OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for 10,000 U.S. and global securities, today announced the lineup of OTCQX® Best and OTCQB® Venture Market companies presenting at the Marcum MicroCap Conference, taking place June 1-2nd at the Grand Hyatt New York. The Marcum MicroCap Conference, is dedicated to providing a forum where publicly traded companies with less than $500 million in market capitalization can network with the investment community. The Conference will feature presentations by CEOs and CFOs from various industry sectors, expert panels, and the opportunity to meet with management of presenting companies on a one-on-one basis.
LTEA: 5.00 (unch)
Rhino Resource Partners LP to Present at Upcoming Investor Conferences in New York City
GlobeNewswire - Tue May 24, 3:44PM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" today announced that Rick Boone, Executive Vice President and Chief Financial Officer of Rhino GP LLC, the general partner of Rhino, will present at SeeThruEquity's 5th Annual MicroCap Investor Conference on Tuesday, May 31, 2016 at the Convene Conference Center at 730 3rd Avenue in New York City. Mr. Boone will also be presenting at the 2016 Marcum MicroCap Conference on Wednesday, June 1, 2016 at the Grand Hyatt New York in New York City.
Rhino Resource Partners LP Announces Amendment for Credit Agreement Extension
GlobeNewswire - Tue May 24, 6:47AM CDT
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced that on May 13, 2016, Rhino completed an amendment with its existing creditors to extend the term of its senior secured credit facility to July 31, 2017. Per the amendment, the credit facility will be automatically extended to December 31, 2017 if revolving credit commitments are reduced to $55 million or less on or before July 31, 2017. The amendment immediately reduces the revolving credit commitments under the credit facility to a maximum of $75 million and maintains the amount available for letters of credit at $30 million, with further reductions to the revolving credit commitments as outlined in the amendment. Details of the credit facility amendment are included in Rhino's Form 8-K as well as the Partnership's first quarter 2016 Form 10-Q, which were both filed with the Securities and Exchange Commission on May 16, 2016.
Rhino Resource Partners LP Announces Timing of First Quarter 2016 Earnings Release Date
GlobeNewswire - Mon Apr 25, 3:30PM CDT
Rhino Resource Partners LP (OTCQB: RHNOD) ("Rhino" or the "Partnership" today announced that it plans to release its 2016 first quarter financial results on Friday, May 6, 2016, before the market opens. The Partnership will not host a conference call this quarter and any inquiries can be made to Rhino's investor relations department.
Rhino Resource Partners LP Completes 1-for-10 Reverse Unit Split
GlobeNewswire - Tue Apr 19, 3:12PM CDT
Rhino Resource Partners LP ("Rhino" announced earlier today that it has completed a 1-for-10 reverse split on its common units and subordinated units. As is required for reverse equity splits, Rhino's common units will trade under the ticker symbol "RHNOD" on the OTCQB for a period of 20 trading days. Following the end of this period, Rhino's common unit ticker symbol will revert to "RHNO."
RNO: 0.29 (+0.01)
Will Reverse Unit Split Come to Rhino Resource's Rescue?
Zacks Equity Research - Zacks Investment Research - Mon Apr 18, 12:43PM CDT
Rhino Resource Partners (RHNO) is going for a 1-10 reverse unit split effective Apr 19.
CNX: 17.03 (+0.44), SXC: 6.57 (-0.03), CLD: 3.90 (+0.32)
How Are Coal Industry Stocks Shaping Up Before Q1?
Zacks Equity Research - Zacks Investment Research - Wed Apr 13, 9:23AM CDT
Coal Industry stocks are facing multiple challenges which could result in another lower than expected earnings performance from this space.
SXC: 6.57 (-0.03), CLD: 3.90 (+0.32)
Royal Energy Resources Completes Initial Transaction to Acquire Control of Rhino Resource Partners, LP
Marketwired - Mon Jan 25, 2:30PM CST
On January 21, 2016 Royal Energy Resources, Inc. ("Royal" (OTCQB: ROYE) entered into a Securities Purchase Agreement (the "Purchase Agreement" with Wexford Capital, LP, and certain of its affiliates (collectively, "Wexford", under which Royal agreed to purchase, and Wexford agreed to sell, a controlling interest in Rhino Resource Partners, LP ("Rhino" (OTCQB: RHNO) in two separate transactions. Pursuant to the Purchase Agreement, Royal purchased 6,769,112 Common Units of Rhino from three holders for total consideration of $3,500,000.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Completed Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 21, 5:15PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that a definitive agreement ("Definitive Agreement" has been completed between Royal Energy Resources, Inc. (OTCQB: ROYE) ("Royal" and Wexford Capital LP ("Wexford" where Royal has acquired 6,769,112 issued and outstanding common units of the Partnership previously owned by Wexford. The Definitive Agreement also includes the committed acquisition by Royal within sixty days from the date of the Definitive Agreement of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Once Royal has completed the acquisition of the Rhino GP LLC membership interests and the issued and outstanding subordinated units of the Partnership from Wexford, Royal will obtain majority ownership interest and control of the Partnership.
RNO: 0.29 (+0.01)
Rhino Resource Partners LP Announces Agreement for Royal Energy Resources, Inc. to Acquire from Wexford Capital LP Certain Limited Partnership Interests and Entire General Partner Membership Interest
GlobeNewswire - Thu Jan 07, 4:43PM CST
Rhino Resource Partners LP (OTCQB: RHNO) ("Rhino" or the "Partnership" announced today that a binding term sheet agreement ("Term Sheet" has been completed between Royal Energy Resources, Inc. ("Royal" and Wexford Capital LP ("Wexford" where Royal will acquire 6,769,112 issued and outstanding common units of the Partnership currently owned by Wexford. The binding Term Sheet also includes the acquisition by Royal at a later date of all of the issued and outstanding membership interests of Rhino GP LLC, the general partner of Rhino, as well as 9,455,252 issued and outstanding subordinated units of the Partnership currently owned by Wexford. Pursuant to the executed binding Term Sheet, Royal and Wexford agree to negotiate definitive agreements to finalize the contemplated transactions described above no later than January 15, 2016.
RNO: 0.29 (+0.01)