Rice Midstream Partners LP (RMP) Misses Q4 EPS by 4c

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Rice Energy Announces 2016 Capital Budget and Guidance

February 24, 2016 5:01 PM EST

CANONSBURG, Pa., Feb. 24, 2016 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) ("Rice Energy") today announced its 2016 capital budget and guidance. Estimated capital investments and financial guidance include:

E&P capital budget (including leasehold acquisitions) of $640 million, a 14% reduction from the prior year capital spend E&P capital budget funded entirely with cash on hand(1) and operating cash flow Clean balance sheet that exits 2016 with E&P leverage of approximately 3.0x and an undrawn revolver 2016 net production forecast of 700 740 MMcfe/d, a 27% 34% increase over 2015 net production... More

Rice Midstream Partners Reports Fourth Quarter and Full-Year 2015 Results

February 24, 2016 5:01 PM EST

CANONSBURG, Pa., Feb. 24, 2016 /PRNewswire/ -- Rice Midstream Partners LP (NYSE: RMP) ("RMP" or the "Partnership") today reported fourth quarter and full-year 2015 financial and operational results. Highlights to date include:

Fourth quarter average daily throughput of 703 MDth/d, a 36% increase relative to fourth quarter 2014 2015 average daily throughput of 647 MDth/d, a 71% increase relative to full-year 2014 volumes Adjusted EBITDA(1) of $19.1 million and $63.8 million for the fourth quarter and full-year, respectively Distributable cash flow ("DCF")(1) of $17.0 million and $56.9 million for the fourth quarter and full-year,... More

Rice Energy Reports Fourth Quarter and Full-Year 2015 Results

February 24, 2016 4:59 PM EST

CANONSBURG, Pa., Feb. 24, 2016 /PRNewswire/ -- Rice Energy Inc. (NYSE: RICE) ("Rice Energy") today reported fourth quarter and full-year 2015 financial and operational results. Highlights to date include:

Fourth quarter net production averaged 624 MMcfe/d, 57% higher than fourth quarter 2014 Adjusted EBITDAX(1) of $132.2 million for the fourth quarter, a 51% increase above fourth quarter 2014 2015 net production averaged 552 MMcfe/d, 101% higher than pro forma 2014 volumes and 5% above the high end of guidance $431.5 million adjusted EBITDAX for 2015, a 75% increase above pro forma 2014 Adjusted realized natural gas price(2) of... More