CNX Midstream Partners LP (CNXM) financial statements (2022 and earlier)
Company profile
| Business Address |
1000 CONSOL ENERGY DRIVE CANONSBURG, PA 15317 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 4922 - Natural Gas Transmission (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | |||
|---|---|---|---|---|---|---|---|---|
| ASSETS | ||||||||
| Current Assets | ||||||||
| Cash, cash equivalents, and short-term investments | 3,966 | 3,194 | 6,421 | 217 | 3,252 | |||
| Cash and cash equivalents | 3,966 | 3,194 | 6,421 | 217 | 3,252 | |||
| Receivables | 24,101 | 21,355 | 22,434 | 36,418 | 58,749 | |||
| Inventory, net of allowances, customer advances and progress billings | 18,916 | |||||||
| Inventory | 18,916 | |||||||
| Prepaid expense | 1,873 | 1,280 | ||||||
| Other current assets | 2,383 | 2,169 | 2,181 | 164 | 164 | |||
| Total current assets: | 30,450 | 26,718 | 31,036 | 57,588 | 63,445 | |||
| Noncurrent Assets | ||||||||
| Property, plant and equipment | 891,775 | 899,278 | 878,560 | 866,309 | 622,746 | |||
| Other noncurrent assets | 3,203 | 593 | 8,961 | 528 | 613 | |||
| Total noncurrent assets: | 894,978 | 899,871 | 887,521 | 866,837 | 623,359 | |||
| TOTAL ASSETS: | 925,428 | 926,589 | 918,557 | 924,425 | 686,804 | |||
| LIABILITIES AND EQUITY | ||||||||
| Liabilities | ||||||||
| Current Liabilities | ||||||||
| Accounts payable and accrued liabilities, including: | 7,761 | 23,602 | 18,007 | 46,155 | 70,635 | |||
| Accounts payable | 9,401 | 23,602 | 18,007 | 46,155 | 70,635 | |||
| Accrued liabilities | 26,757 | |||||||
| Other undisclosed accounts payable and accrued liabilities | (28,397) | |||||||
| Due to related parties | 4,980 | 2,376 | 8,289 | 1,628 | 2,106 | |||
| Other undisclosed current liabilities | 36,158 | |||||||
| Total current liabilities: | 48,899 | 25,978 | 26,296 | 47,783 | 72,741 | |||
| Noncurrent Liabilities | ||||||||
| Long-term debt and lease obligation | 149,500 | 167,000 | 73,500 | 31,300 | ||||
| Long-term debt, excluding current maturities | 149,500 | 167,000 | 73,500 | 31,300 | ||||
| Liabilities, other than long-term debt | 477,215 | |||||||
| Other liabilities | 477,215 | |||||||
| Total noncurrent liabilities: | 477,215 | 149,500 | 167,000 | 73,500 | 31,300 | |||
| Total liabilities: | 526,114 | 175,478 | 193,296 | 121,283 | 104,041 | |||
| Stockholders' equity | ||||||||
| Other undisclosed stockholders' equity | 399,314 | 751,111 | 725,261 | 803,142 | 582,763 | |||
| Total stockholders' equity: | 399,314 | 751,111 | 725,261 | 803,142 | 582,763 | |||
| TOTAL LIABILITIES AND EQUITY: | 925,428 | 926,589 | 918,557 | 924,425 | 686,804 | |||
Income statement (P&L) ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Revenues | 256,668 | 233,848 | 239,211 | 203,423 | 130,172 | ||
| Revenue, net | ✕ | ✕ | 233,848 | 239,211 | 203,423 | 130,172 | |
| Revenue from related parties | 167,048 | ✕ | ✕ | ✕ | ✕ | ||
| Cost of revenue | (84,638) | (67,674) | (82,714) | (68,395) | (56,254) | ||
| Gross profit: | 172,030 | 166,174 | 156,497 | 135,028 | 73,918 | ||
| Operating expenses | (33,035) | (32,112) | (26,375) | (19,497) | (9,091) | ||
| Operating income: | 138,995 | 134,062 | 130,122 | 115,531 | 64,827 | ||
| Interest and debt expense | (23,614) | (4,560) | (1,799) | (835) | |||
| Income before gain (loss) on sale of properties: | 115,381 | 129,502 | 128,323 | 114,696 | 64,827 | ||
| Other undisclosed net income | 23,614 | 4,560 | 1,799 | 835 | |||
| Net income: | 138,995 | 134,062 | 130,122 | 115,531 | 64,827 | ||
| Net loss attributable to noncontrolling interest | (4,953) | (19,069) | (33,636) | (44,284) | (7,858) | ||
| Net income available to common stockholders, diluted: | 134,042 | 114,993 | 96,486 | 71,247 | 56,969 | ||
Comprehensive Income ($ in thousands)
| 12/31/2019 | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | ||
|---|---|---|---|---|---|---|---|
| Net income: | 138,995 | 134,062 | 130,122 | 115,531 | 64,827 | ||
| Comprehensive income: | 138,995 | 134,062 | 130,122 | 115,531 | 64,827 | ||
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (4,953) | (19,069) | (33,636) | (44,284) | (7,858) | ||
| Comprehensive income, net of tax, attributable to parent: | 134,042 | 114,993 | 96,486 | 71,247 | 56,969 | ||
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.