CONE Midstream Partners (CNNX) Tops Q2 EPS by 4c

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CONE Midstream Reports Second Quarter Results and Increases Guidance

August 4, 2016 6:57 AM EDT

CANONSBURG, Pa., Aug. 4, 2016 /PRNewswire/ -- CONE Midstream Partners LP (NYSE: CNNX) ("CONE Midstream" or the "Partnership") today reported financial and operational results for the three months ended June 30, 2016.(1)   The Partnership also increased guidance for full year 2016 financial results.

Second Quarter Results

Highlights of second quarter 2016 results attributable to the Partnership as compared to the second quarter of 2015 include:

Net income of $23.2 million as compared to $14.9 million Average daily throughput volumes of 857 billion Btu per day (BBtu/d) as compared to 568 BBtu/d Adjusted EBITDA(2)... More