PVR PARTNERS, L. P. - FORM 10-Q - EX-12.1 - STATEMENT OF COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES CALCULATION - November 1, 2011

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Exhibit 12.1

Penn Virginia Resource Partners, L.P.

Statement of Computation of Ratio of Earnings to Fixed Charges Calculation

(in thousands, except ratios)


		Year Ended December 31,																				Nine Months Ended September 30,
		2006				2007				2008				2009				2010				2011
Earnings
Pre-tax income *		$	33,030			$	28,098			$	101,701			$	60,148			$	67,070			$	81,879
Fixed charges			19,783				19,766				26,850				27,368				39,164				38,359

Total earnings		$	52,813			$	47,864			$	128,551			$	87,516			$	106,234			$	120,238

Fixed Charges
Interest expense		$	19,151			$	18,896			$	25,346			$	24,878			$	35,982			$	35,588
Rental interest factor			632				870				1,504				2,490				3,182				2,771

Total fixed charges		$	19,783			$	19,766			$	26,850			$	27,368			$	39,164			$	38,359

Ratio of earnings to fixed charges			2.7x				2.4x				4.8x				3.2x				2.7x				3.1x

*	Includes cash distributions from equity affiliates and excludes equity earnings from affiliates. Also excludes capitalized interest.

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