This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Rhino Resource Partners LP Announces Second Quarter Distribution And Earnings Release Date

LEXINGTON, Ky., July 25, 2011 /PRNewswire/ -- Rhino Resource Partners LP (NYSE: RNO) ("Rhino" or the "Partnership") today is pleased to announce a cash distribution of $0.455 per common unit and subordinated unit, or $1.82 per unit on an annualized basis.  This distribution will be paid on August 12, 2011, to all unitholders of record as of the close of business on August 4, 2011.

Additionally, based on the Partnership's current estimate of additional cash flow from the recent acquisition of Elk Horn that was announced on June 10, 2011, Rhino expects to recommend to its board an increase in its annual distribution of $0.10 per unit from its current annual level of $1.82 per unit, commencing with the distribution for the quarter ending September 30, 2011.  Management will review the potential for additional distribution increases as a result of the Elk Horn acquisition based on its performance.

Rhino today also announced that it plans to release its 2011 second quarter financial results on Tuesday, August 9, 2011, before the market opens.  In connection with the earnings release, Rhino will host a conference call and webcast for investors and analysts to discuss its results for the quarter on Tuesday, August 9, 2011, at 10:00 a.m. (ET).

Participants should call 866-831-6272 ( United States/ Canada) or 617-213-8859 (International) and utilize the confirmation code 84590979. A telephonic replay will be available for anyone unable to participate in the live call. To access the replay, call 888-286-8010 ( United States/ Canada) or 617-801-6888 (International) and enter confirmation code 56905905. The recording will be available from 1:00 p.m. (ET) on Tuesday, August 9, 2011, through Tuesday, August 16, 2011, at 11:59 p.m. (ET). A live broadcast of the earnings conference call will also be available via the Internet at under 'Investor Relations.' The webcast will be archived on the site for one year.

About Rhino Resource Partners LP  

Rhino Resource Partners LP is a growth-oriented limited partnership formed to control and operate steam and met coal properties and other stable, cash generating non-coal natural resource assets. Rhino's current operations are in Central Appalachia, Northern Appalachia, the Illinois Basin and the Western Bituminous region.

About Wexford Capital LP  

Rhino’s general partner, Rhino GP LLC, is an affiliate of Wexford Capital LP.  Wexford Capital is an SEC registered investment advisor with over $7 billion of assets under management.  Formed in 1994, Wexford manages a series of private equity and hedge funds.  Wexford prides itself on its independent thinking and opportunistic investment style and has particular expertise in the energy / natural resources sector with investments in coal, oil and gas exploration and production assets, energy services, and related sectors. 

Additional information regarding Rhino and Wexford is available on their respective web sites – and

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free


Chart of I:DJI
DOW 16,776.43 +304.06 1.85%
S&P 500 1,987.05 +35.69 1.83%
NASDAQ 4,781.2640 +73.4890 1.56%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs