Rice Midstream Partners LP (RMP) Tops Q2 EPS by 8c

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Go back to Rice Midstream Partners LP (RMP) Tops Q2 EPS by 8c

Rice Midstream Partners Reports Second Quarter 2017 Results and Updates 2017 Capital Budget

August 2, 2017 4:05 PM EDT

CANONSBURG, Pa., Aug. 2, 2017 /PRNewswire/ -- Rice Midstream Partners LP (NYSE: RMP) ("RMP" or the "Partnership") today reported second quarter 2017 financial and operating results. Highlights include:

Gathering throughput averaged 1,360 MDth/d, a 10% increase from first quarter 2017 Freshwater delivery volumes were 424 MMGal, a 16% increase over first quarter 2017 Net income attributable to limited partners of $42.5 million, or $0.42 per unit Adjusted EBITDA(1) of $55.6 million, a 14% increase relative to first quarter 2017 Distributable cash flow ("DCF")(1) of $49.3 million, resulting in DCF coverage ratio(1) of 1.68x Raised... More