trending Market Intelligence /marketintelligence/en/news-insights/trending/kWB_0r5eS_ozC3vR4feIaQ2 content
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Rhino Resource swings to profit YOY in Q2'19


S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper

Rhino Resource swings to profit YOY in Q2'19

Rhino Resource Partners LP on Aug. 7 reported net income of $112,000, or a loss of 1 cent per unit, for the second quarter of 2019, swinging year over year from a loss of $3 million, or 23 cents per unit.

Adjusted EBITDA increased year over year to $7.5 million from $4.6 million. Revenue totaled $65.6 million, compared with $54.9 million in the same quarter a year earlier.

"Strong prices in the coal markets, especially met coal prices, resulted in increased coal revenues year-over-year as sales tons remained relatively flat. However, cost increases due to the continued adverse geology at our Central Appalachia operations drove cost per ton upward during the second quarter of 2019 compared to last year and increases in labor costs, contract services and higher steel prices for roof support increased costs at our other operations year-over-year," said Rick Boone, president and CEO of Rhino's general partner.