Rice Midstream Partners LP (RMP) Tops Q4 EPS by 11c
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Rice Midstream Partners Announces 2017 Capital Budget and Guidance
February 22, 2017 4:54 PM ESTCANONSBURG, Pa., Feb. 22, 2017 /PRNewswire/ --Â Rice Midstream Partners LP (NYSE: RMP) ("RMP") today announced its 2017 capital budget and guidance. Estimated capital investments and financial guidance include:
Capital budget of $315 million to further develop gas gathering and water services assets Forecasted gathering throughput of 1,315 - 1,380 MDth/d, a 34% - 40% increase over 2016 throughput Anticipated water volumes of 1,300 - 1,450 million gallons  Forecasted 2017 annual distribution growth of 20%Commenting on the 2017 RMP capital budget and guidance, Daniel J. Rice IV, Chief Executive Officer, said, "We... More
Rice Midstream Partners Reports Fourth Quarter and Full-Year 2016 Financial and Operating Results
February 22, 2017 4:51 PM ESTCANONSBURG, Pa., Feb. 22, 2017 /PRNewswire/ -- Rice Midstream Partners LP (NYSE: RMP) ("RMP" or the "Partnership") today reported fourth quarter and full-year 2016 financial and operating results. Highlights to date include:
Fourth quarter average daily throughput of 1,203 MDth/d 2016 average daily throughput of 983 MDth/d, 3% above guidance Net income of $34.3 million and $121.6 million for the fourth quarter and full year, respectively Fourth quarter Adjusted EBITDA(1) of $46.2 million driven by accelerated Rice Energy (NYSE: RICE) water volumes 2016 Adjusted EBITDA(1) of... More