United States Lime & Minerals, Inc. Announces Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2015
January 28, 2016 at 10:19 pm
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United States Lime & Minerals, Inc. announced unaudited consolidated earnings and operating results for the fourth quarter and full year ended December 31, 2015. For the fourth quarter, the company reported total revenue of $31,294,000 against $35,401,000 a year ago. Operating profit was $3,108,000 against $5,428,000 a year ago. Net income was $2,286,000 or $0.41 per basic and diluted share against $3,731,000 or $0.67 per basic and diluted share a year ago.
For the year, the company reported total revenue of $130,837,000 against $149,841,000 a year ago. Operating profit was $19,086,000 against $27,322,000 a year ago. Net income was $12,886,000 or $2.30 per basic and diluted share against $19,367,000 or $3.47 per basic and diluted share a year ago.
Production volumes from the company's natural gas interests in the fourth quarter 2015 totaled 171,000 MCF, sold at an average price of $2.91 per MCF, compared to 199,000 MCF, sold at an average price of $5.32 per MCF, in the comparable 2014 quarter.
Production volumes for the full-year 2015 from natural gas interests totaled 718,000 MCF, sold at an average price of $3.41 per MCF, compared to 2014 when 840,000 MCF was produced and sold at an average price of $6.28 per MCF.
United States Lime & Minerals, Inc. is engaged in lime and limestone operations. The Company is a manufacturer of lime and limestone products and supplying primarily the construction, including highway, road and building contractors; industrial, including paper and glass manufacturers; metals, including steel producers; environmental, including municipal sanitation and water treatment facilities and flue gas treatment processes; roof shingle manufacturers, agriculture and oil and gas services industries. It extracts limestone from its open-pit quarries and underground mines and then processes it for sale as pulverized limestone, aggregate, quicklime, hydrated lime, and lime slurry. The Company operates lime and limestone plants and distribution facilities in Arkansas, Colorado, Louisiana, Missouri, Oklahoma and Texas through its subsidiaries, Arkansas Lime Company, ART Quarry TRS LLC, Colorado Lime Company, Mill Creek Dolomite, LLC, Texas Lime Company, U.S. Lime Company, and others.
United States Lime & Minerals, Inc. Announces Unaudited Consolidated Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2015
UNITED STATES LIME & MINERALS, INC. 
