Rice Midstream Partners

Rice Midstream Partners is set up for success through owning, operating, developing and acquiring midstream assets in the prolific Appalachian Basin. Our anchoring relationship with Rice Energy; our strong portfolio of strategically located assets; our flexibility to deliver our customers’ gas to premium markets; and our visible growth opportunities position us to become a leading midstream energy company in the Appalachian Basin. Major Growth Areas: Marcellus Shale Our assets in the Appalachian Basin are part of the highly productive Marcellus Shale, which has tripled its natural gas production over the last three years. We have secured dedications of 84,000 acres in Washington and Greene Counties, Pennsylvania, from Rice Energy and other high quality, third party operators in the region.
Type
Public
HQ
Canonsburg, US
Founded
2014
Rice Midstream Partners was founded in 2014 and is headquartered in Canonsburg, US

Rice Midstream Partners Office Locations

Rice Midstream Partners has an office in Canonsburg

Rice Midstream Partners Data and Metrics

Rice Midstream Partners Financial Metrics

Rice Midstream Partners's revenue was reported to be $62.8 m in Q1, 2017
USD

Revenue (Q1, 2017)

62.8 m

Net income (Q1, 2017)

37.6 m

EBIT (Q1, 2017)

40.6 m

Market capitalization (18-Aug-2017)

2.1 b

Cash (31-Mar-2017)

13 m
Rice Midstream Partners's current market capitalization is $2.1 b.
USDFY, 2015FY, 2016

Revenue

114.5 m201.6 m

Revenue growth, %

76%

Operating expense total

52.4 m74.7 m

EBIT

62 m126.9 m

EBIT margin, %

54%63%

Pre tax profit

58.3 m121.6 m

Income tax expense

(5.8 m)
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Revenue

16.2 m19.7 m20.1 m54.5 m46.5 m41.1 m62.8 m

EBIT

9.6 m12.9 m13 m35.6 m29 m25.5 m40.6 m

EBIT margin, %

59%66%64%65%62%62%65%

Pre tax profit

34.4 m27.9 m25 m

Net Income

9.1 m12.3 m12.3 m25 m37.6 m
USDFY, 2015FY, 2016

Cash

21.8 m

Accounts Receivable

9.9 m8.8 m

Current Assets

24.2 m42.5 m

PP&E

578 m805 m

Goodwill

39.1 m494.6 m

Total Assets

689.8 m1.4 b

Accounts Payable

13.5 m4.2 m

Total Debt

190 m

Current Liabilities

31.8 m21.6 m

Total Liabilities

216.8 m

Debt to Assets Ratio

0.1 x
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Cash

8.7 m19 m9.8 m15.3 m7.6 m13 m

Accounts Receivable

3.7 m8.9 m7.2 m11.1 m11.1 m8.8 m7.1 m

Current Assets

23.5 m28.4 m31.1 m34.4 m39.9 m27.2 m35.3 m

PP&E

317.7 m351.2 m408.1 m605.3 m622.6 m644.6 m830 m

Goodwill

39.1 m39.1 m39.1 m39.1 m39.1 m39.1 m494.6 m

Total Assets

430.4 m468.3 m527.3 m726.7 m748.9 m757.9 m1.4 b

Accounts Payable

14.9 m14.3 m25.3 m11.3 m3.2 m2.6 m6.8 m

Current Liabilities

28.3 m33.7 m48.4 m31.1 m19.3 m21.3 m25.9 m
USDFY, 2015FY, 2016

Depreciation and Amortization

16.4 m25.2 m

Accounts Receivable

(14.2 m)(4.2 m)

Accounts Payable

(478 k)373 k

Cash From Operating Activities

(19.2 m)154.1 m

Capital Expenditures

(248.5 m)(121.1 m)

Cash From Investing Activities

(380 m)(721.1 m)

Cash From Financing Activities

290.7 m581.2 m

Interest Paid

3.1 m2.7 m

Free Cash Flow

(267.7 m)33 m
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017

Net Income

9.1 m12.3 m12.3 m25 m37.6 m

Depreciation and Amortization

408 k408 k407 k403 k411 k402 k

Accounts Receivable

3.7 m8.9 m7.2 m11.1 m11.1 m8.8 m7.1 m

Accounts Payable

14.9 m14.3 m25.3 m11.3 m3.2 m2.6 m6.8 m

Rice Midstream Partners Market Value History

Traffic Overview of Rice Midstream Partners

Rice Midstream Partners News and Updates

Rice Energy Says It’s Buying Vantage Energy for about $2.7 Billion

Yet another major energy sector acquisition this month.

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Rice Midstream Partners Company Life and Culture

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