Atlas Resource Partners, L.P. announced unaudited consolidated earnings and production results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total revenues of $96,125,000 compared to $138,897,000 a year ago. Operating loss was $22,191,000 compared to $6,125,000 a year ago. Net loss attributable to common limited partners and the general partner was $51,044,000 or $0.55 per basic and diluted share compared to $23,803,000 or $0.35 per basic and diluted share a year ago. Adjusted EBITDA was $64,737,000 compared to $64,360,000 a year ago. Maintenance capital expenditures were $13,905,000 compared to $10,650,000 a year ago. Total capital expenditures were approximately $27 million for the second quarter, including approximately $13 million associated with maintenance capital compared with approximately $43 million of total CapEx for the sequential quarter due to lower investment partnership contributions and direct well drilling.

For the six months, the company reported total revenues of $339,714,000 compared to $300,254,000 a year ago. Operating income was $90,589,000 compared to operating loss of $1,398,000 a year ago. Net income attributable to common limited partners and the general partner was $32,875,000 or $0.36 per basic and diluted share compared to net loss attributable to common limited partners and the general partner of $38,266,000 or $0.63 per basic and diluted share a year ago. Total net debt as at June 30, 2015 was $1,491,005,000 compared to $1,379,213,000 a year ago. Adjusted EBITDA was $135,631,000 compared to $125,627,000 a year ago. Maintenance capital expenditures were $29,332,000 compared to $21,150,000 a year ago.

For the quarter, the company reported natural gas production of 219,844 Mcfd compared to 238,375 Mcfd a year ago. Oil production was 5,293 Bpd compared to 2,084 Bpd a year ago. Natural gas liquids production was 3,194 Bpd compared to 3,689 Bpd a year ago. Total production was 270,761 Mcfed compared to 273,014 Mcfed a year ago.

For the six months, the company reported natural gas production of 223,571 Mcfd compared to 233,186 Mcfd a year ago. Oil production was 5,412 Bpd compared to 1,827 Bpd a year ago. Natural gas liquids production was 3,340 Bpd compared to 3,556 Bpd a year ago. Total production was 276,083 Mcfed compared to 265,488 Mcfed a year ago.

The company expects the 2015 third quarter to be consistent with the second quarter with a significant increase in EBITDA in the fourth quarter.

The company expects overall gas equivalent volumes to continue to decline, but EBITDA to rise meaningfully in the fourth quarter of 2015.