Rice Energy

We are an independent natural gas and oil company engaged in the acquisition, exploration and development of natural gas and oil properties in the Appalachian Basin. We are focused on creating shareholder value by identifying and assembling a portfolio of low-risk assets with attractive economic profiles and leveraging our technical and managerial expertise to deliver industry-leading results. We strive to be an early entrant into the core of a shale play by identifying what we believe to be the core of the play and aggressively executing our acquisition strategy to establish a largely contiguous acreage position. We believe we were an early identifier of the core of both the Marcellus Shale in southwestern Pennsylvania and the Utica Shale in southeastern Ohio.
Type
Public
HQ
Canonsburg, US
Founded
2007
Size (employees)
467 (est)+20%
Rice Energy was founded in 2007 and is headquartered in Canonsburg, US

Rice Energy Office Locations

Rice Energy has an office in Canonsburg

Rice Energy Data and Metrics

Rice Energy Financial Metrics

Rice Energy's revenue was reported to be $390.9 m in FY, 2016
USD

Revenue (FY, 2016)

390.9 m

Net income (FY, 2016)

(248.8 m)

EBIT (FY, 2016)

(10.4 m)

Market capitalization (26-Jun-2017)

5.4 b

Closing share price (26-Jun-2017)

25.7

Cash (31-Dec-2016)

470 m
Rice Energy's current market capitalization is $5.4 b.
USDFY, 2014FY, 2015FY, 2016

Revenue

390.9 m390.9 m390.9 m

R&D expense

4.2 m4 m4 m

General and administrative expense

56 m61.6 m61.6 m

Operating expense total

401.4 m401.4 m401.4 m

EBIT

(10.4 m)(10.4 m)(10.4 m)

EBIT margin, %

(3%)(3%)(3%)

Interest expense

(50.2 m)(50.2 m)(50.2 m)

Pre tax profit

310.6 m310.6 m310.6 m

Income tax expense

(91.6 m)(91.6 m)(91.6 m)

Net Income

219 m(268 m)(248.8 m)
USDFY, 2014FY, 2015FY, 2016

Cash

256.1 m151.9 m470 m

Accounts Receivable

199.9 m154.8 m218.6 m

Inventories

3.7 m

Current Assets

592.5 m499.2 m694.4 m

PP&E

2.5 b3.2 b6.1 b

Goodwill

334.1 m39.1 m879 m

Total Assets

3.5 b4 b7.8 b

Accounts Payable

152.3 m83.6 m18.2 m

Total Debt

900.7 m

Current Liabilities

436.7 m300.3 m532.7 m

Additional Paid-in Capital

1.4 b1.4 b3.3 b

Debt to Assets Ratio

0.3 x
USDFY, 2014FY, 2015FY, 2016

Net Income

219 m(268 m)(248.8 m)

Depreciation and Amortization

156.3 m322.8 m368.5 m

Accounts Receivable

72 k(203 k)(11.5 m)

Inventories

139 k47 k

Accounts Payable

4.7 m(18.4 m)(52.8 m)

Cash From Operating Activities

224.5 m(104.2 m)485.9 m

Capital Expenditures

(11 m)(1.2 b)(880.5 m)

Cash From Investing Activities

(1.5 b)(1.2 b)(1.9 b)

Cash From Financing Activities

1.6 b699.8 m1.7 b

Free Cash Flow

213.5 m(1.4 b)(394.6 m)
USDY, 2016

Revenue/Employee

999.9 k

Rice Energy Market Value History

Rice Energy Online and Social Media Presence

Rice Energy News and Updates

Rice Energy Company Life and Culture

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