Rice Midstream Partners LP (RMP) Tops Q2 EPS by 12c
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Rice Midstream Partners Reports Second Quarter 2016 Financial and Operating Results and Provides 2016 Capital Budget and Guidance Update
August 3, 2016 4:05 PM EDTCANONSBURG, Pa., Aug. 3, 2016 /PRNewswire/ --Â Rice Midstream Partners LP (NYSE: RMP) ("RMP" or the "Partnership") today reported second quarter 2016 financial and operating results. Highlights to date include:
Average throughput of 934 MDth/d, a 43% increase over the prior year quarter and a 12% increase relative to first quarter 2016 Net income of $27.9 million; net cash provided by operating activities of $38.2 million Adjusted EBITDA(1) of $37.8 million, a 127% increase over the prior year quarter and an 11% sequential quarter decrease due to anticipated reduced water volumes from fewer wells completed... More