Emerge Energy Services LP reported unaudited consolidated earnings results for the first quarter ended March 31, 2016. For the period, the company's revenues were 29,670,000 against $96,244,000 a year ago. Operating loss was $29,828,000 against income of $11,752,000 a year ago. Loss from continuing operations before provision for income tax was $34,421,000 against income of $8,936,000 a year ago. Net loss from continuing operations was $34,441,000 against income of $8,755,000 a year ago. Net loss was $34,215,000 against income of $9,491,000 a year ago. Basic and diluted loss per common unit was $1.42 against $0.39 earnings per share a year ago. Adjusted EBITDA (loss) was $10,165,000 against income of $28,385,000 a year ago. Maintenance of capital expenditures was $119,000. Capital expenditures were totaled $4.9 million. The reduction in net income and adjusted EBITDA is due to the continued challenging market in the frac sand business, offset by improved results on the Fuel business as well as recognition of $7 million of take-or-pay shortfall revenues in the fourth quarter of 2015.

The company currently expects the total capital expenditures for 2016 to be approximately $15 million to $18 million, which is in compliance with the current credit agreement, including a rollover of unused CapEx availability from 2015.