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Article: Penn Virginia Resource Partners, L.P. Announces Third Quarter 2009 Results.
- Article from:
- Business Wire
- Article date:
- November 4, 2009
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RADNOR, Pa. -- Penn Virginia Resource Partners, L.P. (NYSE:PVR) today reported financial and operational results for the three months ended September 30, 2009 and provided an update of full-year 2009 guidance.
Third Quarter 2009 Highlights
Third quarter 2009 highlights and results, with comparisons to third quarter 2008 results, included the following:
* Distributable cash flow (DCF), a non-GAAP (generally accepted accounting principles) measure, of $37.2 million, as compared to $28.0 million in the prior year quarter;
* Adjusted net income, a non-GAAP measure which excludes the effects of the non-cash change in derivatives fair value, ...