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earnings
Format: PDF earnings
Rice Energy reported Q2 2016 net production of 758 MMcfe/d with a 43% year-over-year increase and Adjusted EBITDAX of $131MM. The company demonstrated strong midstream growth through Rice Midstream Holdings and RMP, with record quarterly gathering throughput and completed a $312MM equity offering. Updated 2016 guidance reflects accelerating development activity while reducing E&P cash operating costs.
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