On May 1, Eagle Rock Energy Partners LP (NASDAQ: EROC) detailed its unaudited financial results for first-quarter 2014, which ended March 31.
The operating income for its upstream business increased 47% from fourth-quarter 2013, the company said, noting the amount was about $6.5 million. The increase was due to higher realized natural gas and sulfur prices, and also lower expenses for depreciation, depletion and amortization, Eagle Rock added.
Over the quarter, winter weather impacted financial results, Eagle Rock said, noting that the impact was measurable at $1.8 million.
Operating income ...