FORESIGHT ENERGY LP (NYSE:FELP) Files An 8-K Results of Operations and Financial Condition

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FORESIGHT ENERGY LP (NYSE:FELP) Files An 8-K Results of Operations and Financial Condition
ITEM 2.02

RESULTS OF OPERATIONS AND FINANCIAL CONDITION.

On August 11, 2017, Foresight Energy LP (the “Partnership”) announced via press release its earnings and operating results for the three months ended June 30, 2017. A copy of the Partnership’s press release is attached hereto as Exhibit99.1.

The information in this Current Report on Form 8-K (including the exhibits attached hereto) is being furnished under Item 2.02 and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of such section or incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.

ITEM 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On August 11, 2017, Mr. James T. Murphy, Vice President and Chief Accounting Officer notified the registrant of his intent to resign effective September 30, 2017. Mr. Murphy will continue to serve as Vice President and Chief Accounting Officer until his resignation date. Mr. Murphy’s resignation was not as a result of any disagreement with the Partnership regarding any matter related to its operations, policies or practices.

ITEM 9.01

FINANCIAL STATEMENTS AND EXHIBITS.

(d)

Exhibits

99.1 Press release issued by Foresight Energy LPonAugust 11, 2017.


Foresight Energy LP Exhibit
EX-99.1 2 felp-ex991_6.htm EX-99.1 felp-ex991_6.htm     Exhibit 99.1   Foresight Energy LP Reports Second Quarter 2017 Results   Second Quarter 2017 Highlights:   • Coal sales of $204.5 million on sales volumes of 4.8 million tons • Net loss attributable to limited partner units of $16.3 million or $(0.12) per unit • Adjusted EBITDA of $84.5 million • Cash flows from operations of $38.5 million   • Declared cash distribution to common unitholders of $0.0647 per unit   ST.  LOUIS,…
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About FORESIGHT ENERGY LP (NYSE:FELP)

Foresight Energy LP is engaged in the mining and marketing of coal from reserves and operations located in the Illinois Basin. The Company controls over three billion tons of coal in the state of Illinois. Its reserves consist principally of over three contiguous blocks of high heat content (high Btu) thermal coal, which are used for longwall operations. Thermal coal is used by power plants and industrial steam boilers to produce electricity or process steam. The Company operates over four underground mining complexes in the Illinois Basin, including Williamson, which is located in southern Illinois near the town of Marion; Sugar Camp, which is located in southern Illinois approximately 10 miles north of Williamson; Hillsboro, which is located in central Illinois near the town of Hillsboro, and Macoupin, which is located in central Illinois near the town of Carlinville. Williamson, Sugar Camp and Hillsboro are longwall operations, and Macoupin is a continuous miner operation.