Penn Virginia Resource Partners LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2009. For the third quarter, the company reported total revenues of $155,625,000 compared to $285,276,000 for the same period a year ago. Operating income was $27,816,000 compared to $40,023,000 for the same period a year ago. Net income was $18,824,000 or $0.24 basic and diluted per limited partner unit compared to $44,552,000 or $0.73 basic and diluted per limited partner unit for the same period a year ago. Net cash provided by operating activities was $42,867,000 compared to $21,440,000 for the same period a year ago. Additions to property, plant and equipment was $11,523,000 compared to $16,062,000 for the same period a year ago. Net income, as adjusted was $22,178,000 or $0.30 basic and diluted per limited partner unit compared to $16,259,000 or $0.19 basic and diluted per limited partner unit for the same period a year ago. For the nine months, the company reported total revenues of $461,803,000 compared to $718,595,000 for the same period a year ago. Operating income was $71,136,000 compared to $115,586,000 for the same period a year ago. Net income was $41,614,000 or $0.43 basic and diluted per limited partner unit compared to $88,563,000 or $1.46 basic and diluted per limited partner unit for the same period a year ago. Net cash provided by operating activities was $116,425,000 compared to $94,767,000 for the same period a year ago. Additions to property, plant and equipment was $43,781,000 compared to $54,902,000 for the same period a year ago. Net income, as adjusted was $59,983,000 or $0.78 basic and diluted per limited partner unit compared to $65,836,000 or $1.00 basic and diluted per limited partner unit for the same period a year ago.

Penn Virginia Resource Partners LP, Q3 2009 Earnings Call, Nov-05-2009

The Board of Directors of Penn Virginia Resource Partners LP declared a quarterly distribution of $0.47 per unit or $1.88 per unit on an annualized basis. This quarterly distribution remains unchanged from the distribution paid with respect to the prior four quarters. The quarterly distribution covers the period July 1 through September 30, 2009, and is payable on November 13, 2009 to unit holders of record on November 6, 2009.