Text Size:
A | A

LRR Energy LP Details 1Q 2014 Financial Results

Text Size: A | A
 
May 5, 2014

On May 1, LRR Energy LP (NYSE: LRE) detailed its financial results for first-quarter 2014, which ended March 31.

Regarding liquidity, the company had $200 million in outstanding borrowings under its revolving credit facility and $50 million of outstanding borrowings under its term loan, the company said. Currently, it has $50 million in available borrowing capacity under the credit facility, LRR added.

Cash flow from operations, the credit facility capacity and the proceeds from its current at-the-market offering program will fund this year’s capital program and distributions, the company noted. ...


Already a subscriber? Log In
Password:
 
Does your company have a site license? Inquire here
Already a print subscriber? Upgrade your magazine subscription