EV Energy Partners L.P. (EVEP) reported a first-quarter net loss of $46.58 million or $1.08 per unit, compared to profit of $28.59 million or $0.69 per unit last year. The company said its first-quarter net loss included $38.3 million of unrealized losses on commodity and interest rate derivatives, $0.7 million of non-cash realized losses related to terminated interest rate swaps, $0.4 million of dry hole and exploration costs, $5.2 million of non-cash leasehold impairment charges, $0.1 million of non-cash deferred income taxes and $4.5 million of non-cash costs contained in general and administrative expenses.
Total revenues decreased to $73.70 million from $77.73 million last year. On average, 12 analysts polled by Thomson Reuters expected the company to report profit of $0.17 per share for the quarter. Analysts' estimates typically exclude special items. Analysts expected revenue of $85.18 million for the quarter.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.