Hi-Crush Partners LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported revenues of $213,972,000 against $167,583,000 a year ago. The decrease was driven by lower pricing and reduced volumes. Income from operations was $39,127,000 against $32,479,000 a year ago. Net income was $26,545,000 against $29,807,000 a year ago. Diluted earnings per limited partner unit were $0.29 against $0.32 a year ago. EBITDA was $45,974,000 against $41,834,000 a year ago. Adjusted EBITDA was $50,583,000 against $41,706,000 a year ago. Distributable cash flow was $40,041,000 against $37,504,000 a year ago. Distributable cash flow attributable to limited partner unitholders was $40,041,000 against $37,504,000 a year ago.

For the nine months, the company reported revenues of $680,605,000 against $386,167,000 a year ago. Income from operations was $165,955,000 against $47,665,000 a year ago. Net income was $148,502,000 against $39,356,000 a year ago. Diluted earnings per limited partner unit were $1.64 against $0.47 a year ago. EBITDA was $194,234,000 against $70,019,000 a year ago. Adjusted EBITDA was $196,533,000 against $70,161,000 a year ago. Distributable cash flow was $172,872,000 against $59,172,000 a year ago. Distributable cash flow attributable to limited partner unitholders was $165,208,000 against $60,419,000 a year ago. Distributable cash flow attributable to the company was $172,872,000 against $60,419,000 a year ago. Cash flow from operating activities was $187,740,000 against $63,073,000 a year ago. Capital expenditures were $66.8 million.

The company provided sales guidance for the fourth quarter of 2018. For the quarter, the company expects total sales volumes to be in a range of 2.3 million tons to 2.5 million tons. Volumes sold during the fourth quarter of 2018 are expected to be negatively impacted by continued weakness in completions activity, as well as typical seasonal slowdowns. 

The company provided capital expenditures guidance for the full year 2019. For the year, the company's capital expenditures are expected to be in the range of $155 million to $165 million.