CONE Midstream Partners (CNNX) Tops Q1 EPS by 7c

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Go back to CONE Midstream Partners (CNNX) Tops Q1 EPS by 7c

CONE Midstream Reports First Quarter Results

May 5, 2016 7:00 AM EDT

CANONSBURG, Pa., May 5, 2016 /PRNewswire/ -- CONE Midstream Partners LP (NYSE: CNNX) ("CONE Midstream" or the "Partnership") today reported financial and operational results for the three months ended March 31, 2016.(1)

First Quarter Results

Highlights of first quarter 2016 results attributable to the Partnership as compared to the first quarter of 2015 include:

Net income of $24.8 million as compared to $14.2 million Average daily throughput volumes of 850 billion Btu per day (BBtu/d) as compared to 549 BBtu/d Adjusted EBITDA(2) of $27.7 million as compared to $16.2 million... More