Rice Midstream Partners Financials

$72.4 M

Revenue Q2, 2017

$2.2 B

Mkt cap, 16-Feb-2018
Net income (Q2, 2017)44.1 M
EBIT (Q2, 2017)47 M
Cash, 31-Dec-201710.5 M

Market Value

Revenue/Financials

Income Statement

Annual

USDFY, 2015FY, 2016

Revenue

114.5 m201.6 m

Revenue growth, %

76%

EBIT

62 m126.9 m

EBIT margin, %

54%63%

Pre tax profit

58.3 m121.6 m

Income tax expense

(5.8 m)

Quarterly

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

Revenue

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

Operating expense total

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

EBIT

9.6 m12.9 m13 m35.6 m29 m25.5 m40.6 m47 m

EBIT margin, %

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

Interest expense

394 k457 k557 k402 k1.9 m1.9 m

Pre tax profit

34.4 m27.9 m25 m

Net Income

9.1 m12.3 m12.3 m25 m37.6 m44.1 m

Balance Sheet

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

Goodwill

39.1 m494.6 m1.3 b

Total Assets

689.8 m1.4 b2.8 b

Accounts Payable

13.5 m4.2 m4 k

Current Liabilities

31.8 m21.6 m28.8 m

Long-term debt

143 m190 m

Total Debt

190 m

Total Liabilities

216.8 m324.2 m

Debt to Assets Ratio

0.1 x

    Quarterly

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

    Cash

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

    Accounts Receivable

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

    Current Assets

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

    PP&E

    317.7 m351.2 m408.1 m605.3 m622.6 m644.6 m830 m860 m

    Goodwill

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

    Total Assets

    430.4 m468.3 m527.3 m726.7 m748.9 m757.9 m1.4 b1.5 b

    Accounts Payable

    14.9 m14.3 m25.3 m11.3 m3.2 m2.6 m6.8 m9.4 m

    Current Liabilities

    28.3 m33.7 m48.4 m31.1 m19.3 m21.3 m25.9 m33 m

    Long-term debt

    30 m72 m159 m190 m206 m

    Total Debt

    30 m72 m159 m190 m206 m

    Total Liabilities

    28.3 m63.7 m120.4 m193.3 m22.6 m24.5 m221.9 m245.3 m

      Cash Flow

      Annual

      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

      Quarterly

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

      Net Income

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

      Depreciation and Amortization

      1.4 m408 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