Oxford Resource Partners, L.P. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, the company’s net loss attributable to company’s unit holders of $6,547,000 or $0.31 per basic and diluted limited partner unit compared to $15,776,000 or $0.75 per basic and diluted limited partner unit a year ago. Adjusted EBITDA was $9,025,000 compared to $10,996,000 a year ago. Total revenue was $88,726,000 against $97,867,000 a year ago. Loss from operations was $3,356,000 against $12,968,000 a year ago. Net cash outflow from operating activities was $4,288,000 against net cash from operating activities of $739,000 a year ago. Purchase of property and equipment was $2,887,000 against $6,124,000 a year ago. Adjusted net loss was $5,718,000 against $6,153,000 a year ago. For the quarter, the company reported impairment and restructuring charges of $141,000 against $8,355,000 a year ago. The company provided earnings and production guidance for 2013. For the year, the company expects to produce between 6.0 million tons and 6.5 million tons and sell between 6.4 million tons and 6.9 million tons of thermal coal. The average selling price is projected to be $50.50 per ton to $52.50 per ton, with an anticipated average cost of $42.85 per ton to $44.85 per ton. Adjusted EBITDA is expected to be in the range of $45 million to $50 million. The company anticipates capital expenditures of between $22 million and $25 million.

On 05/10/2013, Oxford Resource Partners, L.P. announced that they will be unable to file their next 10-Q by the deadline required by the SEC.

Oxford Resource Partners, L.P. announced that they will report Q1, 2013 results at 9:00 AM, Eastern Standard Time on May 15, 2013