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Summit Midstream Corporation (SMC)

Summit Midstream Corporation (SMC)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] by (Cboe BZX)
[[ item.lastPrice ]] [[ item.priceChange ]] ([[ item.percentChange ]]) [[ item.tradeTime ]] [NYSE]
[[ item.bidPrice ]] x [[ item.bidSize ]] [[ item.askPrice ]] x [[ item.askSize ]]
[[ session ]] [[ item.lastPriceExt ]] [[ item.priceChangeExt ]] ([[ item.percentChangeExt ]]) [[ item.tradeTimeExt ]]
Cash Flow for [[ item.sessionDateDisplayLong ]]

Fiscal Year End Date: 12/31

(Values in U.S. thousands)
  12-2019 09-2019 06-2019 03-2019 12-2018
Cash Flows From Operating Activities
Net Income -393,726 -48,381 -37,252 -36,914 42,351
Depreciation Amortization 117,887 87,749 58,474 29,196 111,052
Accounts receivable -5,466 8,363 13,237 4,675 -21,535
Accounts payable and accrued liabilities -96 820 -1,464 271 81
Other Working Capital -17,121 -1,893 -2,130 2,529 -9,094
Other Operating Activity 460,263 80,959 53,709 52,954 105,074
Operating Cash Flow $161,741 $127,617 $84,574 $52,711 $227,929
Cash Flows From Investing Activities
PPE Investments -80,180 -61,552 -21,331 28,613 -200,090
Other Investing Activity -10,690 -3,735 1,171 -120 -16,189
Investing Cash Flow $-90,870 $-65,287 $-20,160 $28,493 $-216,279
Cash Flows From Financing Activities
Debt Issued 369,000 265,000 233,000 69,000 289,000
Debt Repayment -223,250 -190,500 -179,750 -101,000 -84,000
Dividend Paid -97,374 N/A -14,250 -45,281 -209,205
Other Financing Activity -98,498 -142,777 -113,945 -2,968 -4,530
Financing Cash Flow $-50,122 $-68,277 $-74,945 $-80,249 $-8,735
Beginning Cash Position 16,173 16,173 16,173 4,345 1,430
End Cash Position 36,922 10,226 5,642 5,300 4,345
Net Cash Flow $20,749 $-5,947 $-10,531 $955 $2,915
Free Cash Flow
Operating Cash Flow 161,741 127,617 84,574 52,711 227,929
Capital Expenditure -182,291 -151,663 -111,092 -60,848 -200,586
Free Cash Flow -20,550 -24,046 -26,518 -8,137 27,343
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