CNX MIDSTREAM PARTNERS LP CNXM Income Statement

Cnx midstream partners lp (CNXM)

Income statement / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Sep'14
Revenue
Gathering revenue — related party
239,884	231,482	219,154	204,723	183,094	167,048	153,697	145,374	163,465	184,693	205,151	233,181	235,921	239,211	240,169	233,193	222,503	203,423	180,408	0	0	0
Gathering revenue — third party
73,825	74,315	75,959	77,382	81,924	89,620	93,852	97,865	75,294	49,155	24,826	867	0	-	0	0	-	-	-	-	-	-
Miscellaneous income
0	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total Revenue
313,774	305,797	295,113	282,105	265,018	256,668	247,549	243,239	238,759	233,848	229,977	234,048	235,921	239,211	240,169	233,193	222,503	203,423	180,408	0	0	0
Expenses
Operating expense — related party (Note 4)
21,223	22,943	23,336	22,362	20,927	19,814	19,117	20,310	22,320	25,513	28,181	29,066	29,055	29,771	30,489	31,375	31,237	29,937	28,109	0	0	0
Operating expense — third party
26,586	23,964	24,373	23,631	24,849	27,343	28,462	29,924	28,475	26,640	25,005	26,442	28,364	30,405	31,103	28,070	29,131	28,987	29,114	0	0	0
General and administrative expense — related party (Note 4)
14,818	15,928	15,142	14,629	14,222	13,867	12,830	12,436	11,479	10,750	12,137	12,095	11,645	10,446	8,772	8,561	8,343	8,636	7,984	0	0	0
General and administrative expense — third party
6,998	5,769	6,092	6,627	7,582	8,595	9,089	8,360	7,074	5,717	5,456	5,463	5,583	5,384	4,106	4,025	4,095	4,444	3,640	0	0	0
(Gain) loss on asset sales and abandonments
11	-7,229	-7,229	-7,229	-6,975	-2,501	-2,501	-2,501	-5,996	-3,914	-3,914	-13,997	0	-	0	0	-	-	-	-	-	-
Pipe revaluation
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	0	0	-	-
Depreciation expense
26,299	24,371	23,028	22,150	21,733	21,939	22,322	22,645	22,877	22,692	22,793	22,556	22,033	21,201	20,006	18,383	16,898	15,053	12,238	0	0	0
Interest expense
31,747	30,293	29,376	29,030	28,464	23,614	18,064	12,006	6,011	4,560	4,053	3,161	2,418	1,799	1,670	1,523	1,189	835	270	0	0	0
Total Expense
127,660	130,497	128,576	125,658	124,752	117,673	112,385	108,182	104,232	99,786	101,539	102,697	109,854	109,089	106,229	102,020	90,893	87,892	81,355	0	0	0
Net Income
186,114	175,300	166,537	156,447	140,266	138,995	135,164	135,057	134,527	134,062	128,438	131,351	126,067	130,122	133,940	131,173	131,610	115,531	99,053	0	0	0
Less: Net income (loss) income attributable to noncontrolling interest
1,691	989	-1,829	-1,595	-1,036	4,953	16,652	21,270	21,754	19,069	15,618	23,814	24,304	33,636	39,836	41,043	49,785	44,284	31,036	0	0	0
Net Income Attributable to General and Limited Partner Ownership Interest in CNX Midstream Partners LP
0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	-	0	0	0	0
Calculation of Limited Partner Interest in Net Income:
Net Income Attributable to General and Limited Partner Ownership Interest in CNX Midstream Partners LP
184,423	174,311	168,366	158,042	141,302	134,042	118,512	113,787	112,773	114,993	112,820	107,537	101,763	96,486	94,104	90,130	81,825	71,247	48,908	0	0	0
Less: General partner interest in net income, including incentive distribution rights
13,428	18,707	23,342	19,936	16,514	13,387	10,428	8,235	6,637	5,614	5,031	4,000	3,159	2,526	1,883	1,803	1,637	1,425	978	0	0	0
Limited partner interest in net income
170,995	155,604	145,024	138,106	124,788	120,655	108,084	105,552	106,136	109,379	107,789	103,537	98,604	93,960	92,221	88,327	80,188	69,822	47,930	0	0	0
Earnings per limited partner unit:
Basic (in dollars per unit)
0.50	0.76	0.58	0.63	0.47	0.60	0.47	0.43	0.40	0.39	0.43	0.44	0.46	0.38	0.40	0.39	0.42	0.38	0.33	0.25	0.24	0.00
Diluted (in dollars per unit)
0.49	0.76	0.58	0.63	0.47	0.59	0.47	0.43	0.40	0.40	0.43	0.44	0.45	0.37	0.40	0.39	0.42	0.38	0.33	0.25	0.24	0.00
Weighted average number of limited partner units outstanding (in thousands):
Basic (in shares)
89,797	63,739	63,735	63,732	63,698	63,641	63,638	63,638	63,623	63,589	63,588	63,585	63,566	61,799	58,343	58,343	58,343	58,326	58,326	58,326	58,326	58,326
Diluted (in shares)
92,822	63,793	63,770	63,755	63,758	63,731	63,709	63,677	63,659	63,630	63,645	63,644	63,617	61,945	58,431	58,415	58,365	58,303	58,333	58,364	58,360	58,326
Cash distributions declared per unit (in dollars per share)
0.08	-	0.40	0.38	0.37	-	0.34	0.33	0.32	-	0.30	0.29	0.28	-	0.26	0.25	0.24	-	0.22	0.22	0.21	-