CNX Midstream Partners LP (CNXM) Misses Q1 EPS by 2c, Revenues Beat

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CNX Midstream Reports First Quarter Results

April 30, 2019 6:45 AM EDT

PITTSBURGH, April 30, 2019 /PRNewswire/ -- CNX Midstream Partners LP (NYSE: CNXM) ("CNXM", "CNX Midstream" or the "Partnership") today reported financial and operational results for the three months ended March 31, 2019(1).

First Quarter Results

Highlights of first quarter 2019 results attributable to the Partnership as compared to the first quarter of 2018 include:

Net Income of $35.1 million as compared to $27.8 million Adjusted EBITDA(2) of $54.4 million as compared to $34.8 million Distributable cash flow (DCF)(2) of $43.0 million as compared to $29.2 million Cash distribution coverage(2) of... More