Eagle Rock Energy Partners L.P. (EROC) Monday reported a wider net loss for the fourth quarter, reflecting impairments and unrealized mark-to-market losses on commodity hedges.
The Houston, Texas-based company's fourth-quarter loss was $55.2 million, compared to $25.5 million in the year-ago quarter.
On average, five analysts polled by Thomson Reuters expected the company to earn $0.03 per share for the quarter. Analysts' estimates typically exclude special items.
Meanwhile, total revenues for the latest quarter rose to $312.41 million from $220.68 million in the prior-year quarter. Analysts expected to see revenues of $285.90 million for the quarter.
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