PVR Partners, L. P. (PVR) 10-Q 2006 Q2 Quarterly report

Exhibit 12.1

Penn Virginia Resource Partners, L.P.

Statement of Computation of Ratio of Earnings to Fixed Charges Calculation

(in thousands, except ratios)

	January 1, 2001 through October 30, 2001		October 30, 2001 through December 31, 2001										Six Months Ended June 30, 2006
					Years Ended December 31,
					2002		2003		2004		2005
Earnings
Pre-tax income *	$	19,113	$	3,677	$	24,686	$	22,690	$	34,315	$	51,161	$	23,446
Fixed charges		7,027		274		1,786		5,048		7,328		14,351		8,910
Total earnings	$	26,140	$	3,951	$	26,472	$	27,738	$	41,643	$	65,512	$	32,356
Fixed Charges
Interest expense **	$	—	$	269	$	1,758	$	4,986	$	7,267	$	14,053	$	8,625
Interest expense - affiliate		7,003		—		—		—		—		—		—
Rental interest factor		24		5		28		62		61		298		285
Total fixed charges	$	7,027	$	274	$	1,786	$	5,048	$	7,328	$	14,351	$	8,910
Ratio of earnings to fixed charges		3.7x		14.4x		14.8x		5.5x		5.7x		4.6x		3.6x

* Excludes equity earnings from investees and includes capitalized interest.

** Includes capitalized interest.