CNX Midstream Partners LP (CNXM) Tops Q4 EPS by 1c, Slight Miss on Revenues

CNX Midstream Partners LP (NYSE: CNXM) reported Q4 EPS of $0.40, $0.01 better than the analyst estimate of $0.39. Revenue for the quarter came in at $61.7 million versus the consensus estimate of $62.22 million.

2018 Guidance

Based on current expectations, management is providing the following guidance for 2018. Full year 2018 Adjusted EBITDA(2) attributable to the Partnership is expected to be in the range of $130 to $145 million and full year DCF(2) attributable to the Partnership is expected to be in the range of $111 to $126 million. Management currently anticipates that 2018 capital expenditures attributable to the Partnership will be in the range of $70 to $80 million, of which approximately $12 to $14 million will be for maintenance capital.

For earnings history and earnings-related data on CNX Midstream Partners LP (CNXM) click here.

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