CNX Midstream Partners LP announced unaudited consolidated earnings results for the fourth quarter and twelve months ended December 31, 2017. For the quarter, the company reported total revenue of $61,698,000 compared to $57,827,000 a year ago. Net income was $37,602,000 compared to $31,978,000 a year ago. Net income attributable to general and limited partner ownership interest in the company was $27,021,000 compared to $24,848,000 a year ago. Net income per limited partner unit – basic and diluted was $0.40 compared to $0.38 a year ago. Net cash provided by operating activities was $40,913,000 compared to $37,151,000 a year ago. Capital expenditures were $13,461,000 compared to $10,194,000 a year ago. EBITDA was $44,520,000 compared to $38,490,000 a year ago. Adjusted EBITDA was $44,797,000 compared to $38,688,000 a year ago. Adjusted EBITDA attributable to general and limited partner ownership interest in the company was $32,360,000 compared to $29,145,000 a year ago.

For the twelve months, the company reported total revenue of $233,848,000 compared to $239,211,000 a year ago. Net income was $134,062,000 compared to $130,122,000 a year ago. Net income attributable to general and limited partner ownership interest in the company was $114,993,000 compared to $96,486,000 a year ago. Net income per limited partner unit - basic and diluted was $1.72 compared to $1.58 per diluted unit a year ago. Net cash provided by operating activities was $155,550,000 compared to $160,089,000 a year ago. Capital expenditures were $48,366,000 compared to $50,660,000 a year ago. EBITDA was $161,314,000 compared to $153,122,000 a year ago. Adjusted EBITDA was $166,404,000 compared to $163,980,000 a year ago. Adjusted EBITDA attributable to general and limited partner ownership interest in the company was $136,076,000 compared to $110,547,000 a year ago.

The company provided earnings guidance for the year 2018. For the year, the company expects net income of $142 million, depreciation expense of $23 million, interest expense of $6 million, EBITDA of $171 million, adjusted EBITDA of $172 million, adjusted EBITDA attributable to general and limited partner ownership interest in the company of $138 million, maintenance capital expenditures, net of reimbursements of $13 million and distributable cash flow of $119 million.