Oxford Resource Partners, LP (OXF)

[mlkrborn]

2Q reported; Beats and up $8.77 today.! Must be short squeeze?
Oxford Resource Partners beats by $0.13, misses on revs (OXF) 7.44 : Reports Q2 (Jun) loss of $0.07 per share, $0.13 better than the Capital IQ Consensus Estimate of ($0.20); revenues fell 4.3% year/year to $91.9 mln vs the $96.2 mln consensus. "Our core Northern Appalachian operations are performing well and we are seeing increased demand from some of our customers in the region, and accordingly we expect continued growth in the second half of the year. Supporting this expectation, subsequent to quarter-end we reached an agreement in principle with one of our key long-term customers that calls for delivery of approximately 330,000 additional tons of coal in the second half of 2012. We will continue to serve our customers reliably and efficiently while implementing our strategic plan aimed at increasing our profitability and distributable cash flow."