CNX Coal Resources LP reported unaudited consolidated earnings results for the fourth quarter and full year ended December 31, 2016. For the quarter, total revenue and other income was $84,287,000 against $67,976,000 a year ago. Net income was $11,727,000 against $11,456,000 a year ago. Net income allocable to limited partner units - basic & diluted was $9,679,000 compared to $8,499,000 a year ago. Net income per limited partner unit – basic and diluted was $0.41 compared to $0.37 a year ago. Net cash provided by operating activities was $25,775,000 against $29,443,000 a year ago. Capital expenditures were $3,135,000 against $8,361,000 a year ago. Adjusted EBITDA was $25,112,000 compared to $23,438,000 a year ago.

For the quarter, coal production was 1.8 million tons compared to 1.2 million tons a year ago. Coal sales were 1.8 million tons compared to 1.2 million tons a year ago.

For full year, total revenue and other income was $281,117,000 against $327,011,000 a year ago. Net income was $25,851,000 against $64,538,000 a year ago. Net income allocable to limited partner units - basic & diluted was $19,487,000 compared to $22,888,000 a year ago. Net income per limited partner unit – diluted was $0.83 compared to $0.99 a year ago. Adjusted EBITDA was $77,749,000 compared to $115,964,000 a year ago. Net cash provided by operating activities was $73,098,000 against $76,908,000 a year ago. Capital expenditures were $12,704,000 against $34,073,000 a year ago.

Based on current contracted position, production plans and outlook for the coal markets, re-affirming previously announced guidance ranges for 2017 as: coal sales of 6.25-6.75 million tons, adjusted EBITDA of $90-$110 million, and maintenance capital expenditures of $30-$36 million.