Atlas Energy sees Q3 revenue $300M-$310M, consensus $320.03M

Sees Q3 adjusted EBITDA $70M-$75M. The company expects higher plant operating expenses to cause Q3 operating results to fall below prior guidance. Expects to book an asset write-down of approximately $9M related to one of its dredge mining assets. Commissioning of the Dune Express, a 42-mile long, fully electric conveyor system that is expected to transform proppant logistics in the Permian Basin, began early this week. The system remains on-time and on-budget with the commercial transportation of proppant into the Delaware Basin scheduled to begin in late Q4.