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 Metrics

Rice Midstream Partners Financial Metrics

Rice Midstream Partners's revenue was reported to be $201.6 m in FY, 2016 which is a 76% increase from the previous period.

Revenue (FY, 2016)

$201.6 m

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

76%

EBIT (FY, 2016)

$126.9 m

Market capitalization (19-May-2017)

$2.6 b

Closing share price (19-May-2017)

$25

Cash (31-Dec-2016)

$21.8 m
Rice Midstream Partners's current market capitalization is $2.6 b.
FY, 2015FY, 2016

Revenue

$114.5 m$201.6 m

Revenue growth, %

76%

Operating expense total

$52.4 m$74.7 m

EBIT

$62 m$126.9 m

EBIT margin, %

54%63%

Interest expense

Pre tax profit

$58.3 m$121.6 m

Income tax expense

($5.8 m)

Net Income

FY, 2015FY, 2016

Cash

$21.8 m

Accounts Receivable

$9.9 m$8.8 m

Current Assets

$24.2 m$42.5 m

PP&E

$578 m$805 m

Goodwill

$39.1 m$494.6 m

Total Assets

$689.8 m$1.4 b

Accounts Payable

$13.5 m$4.2 m

Current Liabilities

$31.8 m$21.6 m
FY, 2015FY, 2016

Net Income

Depreciation and Amortization

$16.4 m$25.2 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 m$581.2 m

Interest Paid

$3.1 m$2.7 m

Free Cash Flow

($267.7 m)$33 m

Rice Midstream Partners Market Value History

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Rice Midstream Partners Company Life

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