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Navios Maritime Midstream Partners (NAP) Reports In-Line Q3 EPS

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Navios Maritime Midstream Partners L.P. Reports Financial Results for the Third Quarter and Nine Months ended September 30, 2016

October 26, 2016 7:22 AM EDT

Quarterly Cash Distribution of $0.4225 per unit; $1.69 per unit annualizedCommercial and technical management fees fixed until December 2018 at current ratePurchase options extended for three VLCCsNet Income: $5.5 million in Q3; $18.8 million for the nine monthsEBITDA: $15.7 million in Q3; $49.8 million for the nine monthsOperating Surplus: $9.3 million in Q3; $30.6 million for the nine months

MONACO, Oct. 26, 2016 (GLOBE NEWSWIRE) -- Navios Maritime Midstream Partners L.P. (Navios Midstream) (NYSE: NAP), an owner and... More