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earnings
Format: PDF earnings
Rice Midstream Partners presents Q1 2016 operational highlights featuring 50% throughput growth in its Appalachian Basin midstream assets, with 835 MDth/d average daily volumes. The MLP reports 239% EBITDA growth to $42MM and 7% increased distributions while maintaining strong financial metrics including 2.58x DCF coverage and 1.7x leverage. Growth strategy includes potential acquisitions and dropdown opportunities from sponsor RICE and third-party producers.
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