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
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Rice Midstream Partners Office Locations

Rice Midstream Partners has an office in Canonsburg
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Rice Midstream Partners Financials and Metrics

Rice Midstream Partners Financials

Rice Midstream Partners's revenue was reported to be $201.62 m in FY, 2016 which is a 76.2% increase from the previous period.
USD

Revenue (Q1, 2018)

84.5 m

Net income (Q1, 2018)

53.5 m

EBIT (Q1, 2018)

55.5 m

Market capitalization (14-Jun-2018)

2.5 b

Closing share price (14-Jun-2018)

18.9

Cash (31-Mar-2018)

46.5 m
Rice Midstream Partners's current market capitalization is $2.5 b.
Annual
USDFY, 2015FY, 2016

Revenue

114.5 m201.6 m

Revenue growth, %

76%

EBIT

62 m126.9 m

EBIT margin, %

54%63%
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Revenue

16.2 m19.7 m20.1 m54.5 m46.5 m41.1 m62.8 m72.4 m84.5 m

General and administrative expense

7.2 m

Operating expense total

6.6 m6.8 m7.2 m18.9 m17.5 m15.5 m22.2 m25.4 m29 m

EBIT

9.6 m12.9 m13 m35.6 m29 m25.5 m40.6 m47 m55.5 m
Annual
USDFY, 2015FY, 2016FY, 2017

Cash

21.8 m10.5 m

Accounts Receivable

9.9 m8.8 m12.2 m

Current Assets

24.2 m42.5 m70.3 m

PP&E

578 m805 m1.4 b
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q1, 2018

Cash

8.7 m19 m9.8 m15.3 m7.6 m13 m12.2 m46.5 m

Accounts Receivable

3.7 m8.9 m7.2 m11.1 m11.1 m8.8 m7.1 m9.1 m7.2 m

Current Assets

23.5 m28.4 m31.1 m34.4 m39.9 m27.2 m35.3 m46.4 m132.5 m

PP&E

317.7 m351.2 m408.1 m605.3 m622.6 m644.6 m830 m860 m1.5 b
Annual
USDFY, 2015FY, 2016

Depreciation and Amortization

16.4 m25.2 m

Accounts Payable

(478 k)373 k

Cash From Operating Activities

(19.2 m)154.1 m
Quarterly
USDQ1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q1, 2018

Net Income

9.1 m12.3 m12.3 m25 m37.6 m53.5 m

Depreciation and Amortization

1.4 m408 k407 k403 k411 k402 k13.9 m

Accounts Payable

14.9 m14.3 m25.3 m11.3 m3.2 m2.6 m6.8 m7.2 m

Cash From Operating Activities

62.5 m
USDY, 2018

Financial Leverage

1.1 x
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Rice Midstream Partners News and Updates

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