CNX Midstream Partners LP reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2018. For the quarter, the company reported total revenue of $60,968,000 compared to $56,658,000 a year ago. Net income was $33,575,000 compared to $33,468,000 a year ago. Net income attributable to general and limited partner ownership interest in the company was $33,639,000 compared to $28,914,000 a year ago. Basic and diluted net income per limited partner unit was $0.47 against $0.43 a year ago. Net cash provided by operating activities was $35,666,000 compared to $38,203,000 a year ago. Capital expenditures were $44,241,000 compared to $11,490,000 a year ago. EBITDA was $46,136,000 compared to $40,294,000 a year ago. Adjusted EBITDA was $46,642,000 compared to $40,543,000 a year ago. Adjusted EBITDA attributable to general and limited partner ownership interest in the company was $45,030,000 compared to $34,161,000 a year ago.

For the nine months, the company reported total revenue of $185,851,000 compared to $172,150,000 a year ago. Net income was $97,562,000 compared to $96,460,000 a year ago. Net income attributable to general and limited partner ownership interest in the company was $91,491,000 compared to $87,972,000 a year ago. Basic and diluted net income per limited partner unit was $1.30 against $1.32 a year ago. EBITDA was $131,030,000 compared to $116,794,000 a year ago. Adjusted EBITDA was $135,306,000 compared to $121,607,000 a year ago. Adjusted EBITDA attributable to general and limited partner ownership interest in the company was $121,185,000 compared to $103,716,000 a year ago. Net cash provided by operating activities was $131,207,000 compared to $114,637,000 a year ago.

The company revised earnings guidance for the full year of 2018. For the period, the partnership expects its 2018 capital expenditures to increase to approximately $135 million to $145 million, compared to the previous guidance of $100 million to $110 million, due primarily to strategic land acquisitions, system upsizing to accommodate higher throughput levels resulting from CNX's continued well improvements, and the additional acceleration of completing planned projects and construction activity from 2019 into 2018. Throughput expected to be in the range of 1,150 MMcfe/d to 1,240 MMcfe/d as same as the previous guidance. EBITDA expected to be in the range of $160 million to $170 million compared to previous guidance of $150 million to $165 million. Distributable cash flow expected to be in the range of $125 million to $135 million compared to previous guidance of $120 million to $135 million. Net income expected to be $129 million. Depreciation expense expected to be $22 million. Interest expense expected to be $25 million. Adjusted EBITDA expected to be $180 million. Adjusted EBITDA attributable to general and limited partner ownership interest in the company expected to be $165 million.