CNX Midstream Partners LP (CNXM) Tops Q4 EPS by 13c

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CNX Midstream Reports Fourth Quarter and Full Year 2018 Results and Provides Updated 2019 Guidance

January 31, 2019 6:45 AM EST

PITTSBURGH, Jan. 31, 2019 /PRNewswire/ -- CNX Midstream Partners LP (NYSE: CNXM) ("CNXM", "CNX Midstream" or the "Partnership") today reported financial and operational results for the three months and the full year ended December 31, 2018.(1)  The Partnership also reported updated financial guidance for 2019.

Fourth Quarter Results

Highlights of fourth quarter 2018 results attributable to the Partnership as compared to the fourth quarter of 2017 include:

Net income of $42.6 million as compared to $27.0 million Adjusted EBITDA(2) of $53.5 million as compared to $32.4 million Distributable cash flow (DCF)(2) of $42.7 million as... More