CONE Midstream Partners (CNNX) Tops Q1 EPS by 4c

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CONE Midstream Reports First Quarter Results

May 4, 2017 6:45 AM EDT

CANONSBURG, Pa., May 04, 2017 (GLOBE NEWSWIRE) -- CONE Midstream Partners LP (NYSE: CNNX) ("CONE Midstream" or the "Partnership") today reported financial and operational results for the three months ended March 31, 2017(1)  and confirmed 2017 financial guidance.

First Quarter Results

Highlights of first quarter 2017 results attributable to the Partnership as compared to the first quarter of 2016 include:(2)

Net income of $30.1 million as compared to $24.8 millionAverage daily throughput volumes of 1,060 billion Btu per day (BBtu/d) as compared to 850 BBtu/dNet cash provided by operating activities of $34.2 million as compared to $41.2... More