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Stock impact report

CNX Midstream Reports Fourth Quarter and Full Year 2017 Results and Announces 2018 Guidance

CNX MIDSTREAM PARTNERS LP (CNXM) 
Last cnx midstream partners lp earnings: 4/27 06:45 am Check Earnings Report
US:NYSE Investor Relations: cnxmidstream.com
Company Research Source: GlobeNewswire
PITTSBURGH, Jan. 30, 2018 (GLOBE NEWSWIRE) -- CNX Midstream Partners LP (NYSE:CNXM) (“CNX Midstream” or the “Partnership”) today reported financial and operational results for the three months and the full year ended December 31, 2017.(1)  The Partnership also announced financial guidance for 2018. Fourth Quarter Results Highlights of fourth quarter 2017 results attributable to the Partnership as compared to the fourth quarter of 2016 include: Net income of $27.0 million as compared to $24.8 millionAverage daily throughput volumes of 961 billion Btu per day (BBtu/d) as compared to 933 BBtu/d Net cash provided by operating activities of $40.9 million as compared to $37.2 million Adjusted EBITDA(2) of $32.4 million as compared to $29.1 million Distributable cash flow (DCF)(2) of $27.7 million as compared to $24.7 million Distribution coverage ratio(2) of 1.29x on an as declared basis Full Year 2017 Results Highlights of full year 2017 results attributable to the Partnership as co Show less Read more
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