Rice Midstream Partners LP (RMP) Misses Q4 EPS by 13c
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Rice Energy Reports Fourth Quarter and Full Year 2014 Results
March 12, 2015 7:45 AM EDTCANONSBURG, Pa., March 12, 2015 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) ("Rice Energy") today reported fourth quarter and full-year 2014 financial and operational results. Highlights during the year include:
Average net production of 398 MMcfe/d in fourth quarter 2014, a 158% increase above prior year quarter pro forma volumes(1) and a 61% increase over third quarter 2014 Adjusted EBITDAX(2) of $87 million for fourth quarter 2014, a 123% increase over pro forma fourth quarter 2013 2014 average net production of 274 MMcfe/d, a 118% increase above full-year 2013 pro forma volumes Adjusted EBITDAXÂ of $247 million for the full year... MoreRice Midstream Partners LP Reports 2014 Results
March 12, 2015 7:45 AM EDTCANONSBURG, Pa., March 12, 2015 /PRNewswire/ --Â Rice Midstream Partners LP (NYSE: RMP) ("the Partnership") today reported fourth quarter 2014 financial and operational results.
2014 Highlights:
Completed $474 million IPO of 28.75 million units at a price of $16.50 per common unit Fourth quarter average daily throughput of 517 MDth/d Constructed 23.5 miles of additional pipeline increasing throughput capacity to 3.2 MMDth/d Adjusted EBITDA of $1.5 million(1) subsequent to IPO Distributable cash flow of $1.4 million(1) subsequent to IPO Initial fourth quarter pro-rated distribution... More