General | Quarterly / Earnings Reports | Fourth Quarter (4Q) Update | Financial Results | Capital Markets
Marlin Midstream Details 4Q, Full Year Financials
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Marlin Midstream Partners, LP announced financial results for the fourth quarter and full year 2014.
Full Year 2014 Highlights Adjusted EBITDA for full year 2014 increased 103% over full year 2013 to $34.2 million Distributable Cash Flow for full year 2014 increased 144% over 2013 to $31.6 million Marlin paid its fourth quarter distribution of $0.365, or $1.46 annually, on February 11, 2015 The annualized fourth quarter distribution was an increase of 4% from 2013, and the distribution coverage ratio was 1.22x for full year 2014Adjusted EBITDA for the fourth quarter 2014 was $7.7 million, a decrease of $0.8 million, compared to adjusted EBITDA of $8.5 million for the fourth quarter 2013. For full year 2014, adjusted EBITDA was $34.2 million compared to adjusted EBITDA of $16.9 million…
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