Atlas Energy Q1 Loss Widens - Quick Facts

(RTTNews) - Atlas Energy, L.P. (ATLS) reported a net loss attributable to common limited partners of $13.9 million or $0.27 per unit for the first quarter, wider than $12.6 million or $0.25 per unit in the year-ago quarter.

Total revenue for the quarter surged to $860.26 million from $522.10 million in the same quarter last year.

ATLS declared a cash distribution of $0.46 per limited partner unit for the first quarter 2014, which represents a $0.15 per unit, or 48%, increase over the the prior-year first quarter, payable on May 20 to holders of record as of May 7, 2014.

ATLS currently anticipates cash distributions to be $1.95 to $2.45 per common unit for full year 2014.