PennTex Midstream Partners LP

PennTex provides natural gas gathering and processing and residue gas and natural gas liquids transportation services to producers in the Terryville Complex in northern Louisiana. PennTex is committed to providing superior midstream services through strategic partnerships with our customers.

Type
Public
HQ
Houston, US
Founded
2014
Size (employees)
50 (est)-28%
PennTex Midstream Partners LP was founded in 2014 and is headquartered in Houston, US

PennTex Midstream Partners LP Office Locations

PennTex Midstream Partners LP has an office in Houston
Houston, US (HQ)
300 11931 Wickchester Ln

PennTex Midstream Partners LP Data and Metrics

PennTex Midstream Partners LP Financial Metrics

PennTex Midstream Partners LP's revenue was reported to be $77.4 m in FY, 2016 which is a 133% increase from the previous period.
USD

Revenue (FY, 2016)

77.4 m

Revenue growth (FY, 2015 - FY, 2016), %

133%

Gross profit (FY, 2016)

64.6 m

Gross profit margin (FY, 2016), %

84%

Net income (FY, 2016)

(206 k)

EBIT (FY, 2016)

6.4 m

Market capitalization (30-Jun-2017)

814.3 m

Closing share price (30-Jun-2017)

20

Cash (31-Dec-2016)

8.4 m
PennTex Midstream Partners LP's current market capitalization is $814.3 m.
USDFY, 2015FY, 2016

Revenue

33.2 m77.4 m

Revenue growth, %

133%

Cost of goods sold

4.3 m12.7 m

Gross profit

28.9 m64.6 m

Gross profit Margin, %

87%84%

Operating expense total

30.8 m70.9 m

EBIT

2.5 m6.4 m

EBIT margin, %

7%8%

Interest expense

(2.4 m)(6.6 m)

Net Income

61 k(206 k)
USDQ2, 2015Q3, 2015

Revenue

2.7 m11.2 m

Cost of goods sold

1.6 m

Gross profit

9.6 m

Gross profit Margin, %

86%

EBIT

(4.1 m)2.5 m

EBIT margin, %

(151%)22%

Net Income

(1.4 m)(2.8 m)
USDFY, 2015FY, 2016

Cash

7.8 m8.4 m

Accounts Receivable

161 k15.2 m

Inventories

2.6 m2.4 m

Current Assets

19.5 m26.5 m

PP&E

366.1 m362.9 m

Total Assets

407 m409.5 m

Accounts Payable

7.6 m224 k

Current Liabilities

11.3 m4 m

Total Liabilities

191.4 m

Total Equity

94.2 m

Financial Leverage

4.3 x
USDQ2, 2015Q3, 2015

Cash

13.9 m2.8 m

Accounts Receivable

276 k

Current Assets

18.6 m14.9 m

PP&E

305.2 m362.3 m

Total Assets

344.9 m398.8 m

Accounts Payable

9 m26.4 m

Current Liabilities

20.2 m38.1 m

Total Equity

94.2 m94.2 m

Financial Leverage

3.7 x4.2 x
USDFY, 2015FY, 2016

Net Income

61 k(206 k)

Depreciation and Amortization

6 m13.5 m

Accounts Receivable

(234 k)(15.1 m)

Accounts Payable

383 k(1.1 m)

Long-term Borrowings

(60.5 m)(53.5 m)

Cash From Financing Activities

233.4 m
USDQ2, 2015Q3, 2015

Net Income

(1.4 m)(2.8 m)

Depreciation and Amortization

3 k

Accounts Payable

298 k8 k

Cash From Financing Activities

35.5 m75.8 m
USDY, 2016

Revenue/Employee

1.1 m

PennTex Midstream Partners LP Market Value History

PennTex Midstream Partners LP Company Life and Culture

You may also be interested in