up And everyone. Hallador of call. Hello, quarter with good pleased positive glance are results quarter's another and we hard you for where at free meaningful little flow ended Hallador. cash as very thank The optimistic year-over-year joining about reduction. future Overall, the the yet with debt we are this comparing and good had a to Still, results. highlights to see we're we're results first great of
calls per the mix of price average price our year. year, Looking at in more said expected get quarter of we shipped the contracts $X.XX as out in were this was ton the expecting contracts. drop in the seasonal slightly for on that later $X.XX just higher-priced price, to decrease due is an average as we to even This sales the but our prior
XXXX for ton quarter compared per of was price $XX.XX. Our the $XX.XX first average quarter of to
at the year-over-year costs guided $XX.XX. actual were at and average the a On ton, for all-in ton was a we $X.XX operating cost increase. all mines $XX.XX This Oaktown's per had cost $XX.XX. $XX versus $XX Management to the
we So, beat our guidance.
a last fourth excuse that. good explaining due quarter concern were first first me, higher job some there didn't After number. our call, temporary perhaps, adverse over was enough as year-over-year, – of investor Just a quarter in geological quarter our costs structure cost was comparing we to the conditions. remarkable XXXX And, do
has mines cost spend for of the averaged out has back been. averaged the our quarters, structure If ton. we our $XX.XX cost consistent a to average mines a time if again, how all four quarters, we So, look eight has look back for ton. cost under pointing I average a just want little our And all structure $XX.XX
us So, to we that's which have Oaktown and ton, positive Fuels, which roughly Vectren a been a mining back we reduce quarters cost that quarter a to continued more a has we debt. XX free our remarkable has been on is than cash when after I led our think consistent. little think lowered flow, the is creating look When quarter of purchased that's I focus ago, has company It to mine, which feat. fairly low-cost Oaktown's $X allowed actually methodically
for year-over-year, our reduction acquisition million. at it reduction total Fuels reduced an If back debt has by been stated, was Larry we $XXX clear million. If $XX.X roughly as look million. So, Vectren we ago, debt debt years the quarter, three-and-a-half to as been impressive compare has look the we $XX.X
to this leverage times well of times. our of All helped lower has within adjusted covenant X.XX us X.XX debt our bank to EBITDA,
versus but have million $XX XXXX we not improve our debt now payments first to do debt, paying term they liquidity. is improvements as quarter been capital down making our Term debt significant reduce and million in liquidity $XX company. Our
amount little a deal night. to today. I'm Loop Princeton our with, the Loop broke group As tremendous weather and I very nine they of its of this and is and to its announce we last turn project months impressed on loading cold a night last just yet coal loaded with under second ago. shipped now train of the rain operational and excited I'm ground to have first operations as train Had as marketing, unit
on we in As to I've said marketing has of the were Indiana fundamentally that the the mining Loop before with railroad. previously, rights addition ability, some just CSX the our changed
as expected. to the from the guidance existing to via the fully sales Due raising on customer customers shipper or Loop. an are new hold full railroad. X our to which the at stockpile us add the Princeton – an And add year, as since being coal inventory. the in beginning the us we Coal direct Loop is million increased two a inventory of is sales versus for end Loop tons of quarters. This year. also helped That's sales was well of Princeton and coal new million amount to XXXX, we're $XX.X volumes $XX.X Increases has in of that serviced of tons we future serviced allowed to million addition NS continue Princeton one Now, in quarter million the via new required us at expect the the X.X is being year-over-year.
low-cost our Now, discussed of previously we've consistency structure.
out also our sales think important it's to I strength contracted the position. of point
XX.X contracted we're a We sales position contracted that the sales tons total pace for years. ton of year at a at five which, million represents years, – that forecasting million of X have this – year the XX% for is five what currently next the ton our years our million – XX% next five pace today. are for are X next for a contracted which
and heavily years. in that be equates operational, years, also many add it's obviously but next think customers I Princeton weighted none the a a in as forecasted more low-cost continued of for none the like flow. – see out you customers years five in Thus, still with at that's opportunities that to current plants you'll of little with the equates – Loop top of five the years book sales close plants free when ability good that I to it announced a plans structure, consistently to coupled to the about have to anybody our there. with point off book, that cash would our opportunity our as great first Now, of out – look new are positive our
So, we talking consistency. time spent some about
it tons, sizable our a Now, sold, we'll let's of X.X million bit annually little opportunities. tons has tons, sale is hot in million to And capacity any X.X reopen The status. to million over give Mine. consideration Carlisle tons X million a million $X Carlisle annually. costing it's talk us idle about currently of X serious which growth currently hold
So, to annual into a tuned. asset. turn cash positive drag free we're looking generating opportunities on Stay earnings $X flow for million
million XXXX, sand currently in Colorado. Looking company permitted a controls February near Hourglass in of frac the sand Sands Sands, Hallador Hourglass Sands, reserve Springs. invested of a $X in Hourglass Colorado State to mining
We be mine X,XXX of permitted core our and the summer. miles hope in sand sand frac basin. to the to away of contribute XXX outside exceeds competency, produced XXXX, and, We can of to Colorado. shipments this meaningfully DJ is To to versus Basin produced in locally believe We though, between somewhere earnings sand we our State this switching part criteria; only the profitable feel that not within years. it Hallador to industry future trend test the the expect is be expect investment well we customers do truck Hourglass in our frac to mining frac in knowledge, sand
up the open So, I'd with to said, to like that call questions.
