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Thursday, August 09, 2012 10:11:23 PM
Total distributable cash flow of $39.5 million, a 5% increase from second quarter 2011
Total segment gross margin of $72.9 million, a 12% increase from the prior year period
Adjusted EBITDA of $58.3 million, a 7% increase from the prior year period
Volumes gathered from the Eagle Ford Shale play averaged 490,000 MMBtu/d, a 277% increase from the prior year period
Texas segment NGL production of over 50,000 Bbls/d, an 86% increase from second quarter 2011
2013 Guidance:
Adjusted EBITDA forecasted to range from $300 million to $330 million
Total Distributable Cash Flow forecasted to range from $220 million to $240 million
Common unit distribution growth rate target of 7% to 9%
"My well came in big, so big, Bick and there's more down there and there's bigger wells. I'm rich, Bick. I'm a rich 'un. I'm a rich boy." - Jett Rink
Don't believe anything I say. Do your own DD. Insert huge disclaimer here ____________.
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