Rice Midstream Partners LP (RMP) Tops Q1 EPS by 10c
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Rice Energy Reports First Quarter 2015 Results and Increases 2015 Production Guidance
May 7, 2015 7:30 AM EDTCANONSBURG, Pa., May 7, 2015 /PRNewswire/ --Â Rice Energy Inc. (NYSE: RICE) ("Rice Energy") today reported first quarter 2015 financial and operational results. Highlights during the quarter include:
Production averaged 440 MMcfe/d, a 111% increase above pro forma(1) first quarter 2014 Adjusted EBITDAX(2) of $84.3 million for the first quarter 2015, a 30% increase over pro forma first quarter 2014 Adjusted realized natural gas price(3) of $3.20 per Mcf in the first quarter 2015 Turned to sales two operated Utica wells, each currently producing approximately 18 MMcfe/d Achieved significant growth in average midstream throughput to 668... MoreRice Midstream Partners LP Reports First Quarter 2015 Results
May 7, 2015 7:30 AM EDTCANONSBURG, Pa., May 7, 2015 /PRNewswire/ --Â Rice Midstream Partners LP (NYSE: RMP) ("the Partnership") today reported first quarter 2015 financial and operational results. Highlights for the quarter include:
First quarter 2015 average daily throughput of 557 MDth/d, an 8% increase over fourth quarter 2014 Adjusted EBITDA(1) of $12.5 million for the three months ended March 31, 2015 Distributable cash flow(1) of $10.9 million for the three months ended March 31, 2015 First quarter distribution of $0.1875 per unit Coverage ratio of 1.02 for the first quarter 2015Commenting on the results,... More
