Company Release - 1/30/2023 7:00 AM ET
Highlights
Fourth quarter 2022 revenue of $700.7 million, net income of $214.5 million, and EBITDA of $293.9 million, up 48.0%, 313.8%, and 125.7%, respectively, year-over-yearRecord full year 2022 revenue of $2.4 billion, net income of $577.2 million, and EBITDA of $940.2 million, up 53.3%, 224.0%, and 96.3%, respectively, year-over-yearIn January 2023, increased quarterly cash distribution rate to $0.70 per unit, or $2.80 per unit annualized, up 40.0% from the last quarter and 180.0% year-over-yearIn January 2023, increased unit repurchase program to $100.0 millionCompleted $81.2 million acquisition of previously announced oil & gas mineral interests in October 2022, and today, separately announced a $72.3 million acquisition of oil & gas mineral interestsIn January 2023, successfully refinanced existing revolving credit facility, extending liquidity and financial flexibility through March 20272023 expected coal sales volumes approximately 94% committed and priced above 2022 per ton levels