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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)
  09-2018 06-2018 03-2018 12-2017 09-2017
Cash Flows From Operating Activities
Net Income 3,697 -53,758 -3,845 86,050 104,300
Depreciation Amortization 82,936 55,246 27,566 119,030 88,849
Accounts receivable -11,557 -6,265 3,490 25,063 36,097
Accounts payable and accrued liabilities -2,991 -3,483 -3,294 -3,246 1,200
Other Working Capital -4,806 -4,211 371 -28,542 -2,097
Other Operating Activity 99,213 122,520 26,922 39,477 -31,852
Operating Cash Flow $166,492 $110,049 $51,210 $237,832 $196,497
Cash Flows From Investing Activities
PPE Investments -136,537 -89,898 -40,778 -121,915 -83,906
Other Investing Activity -209 -306 -221 -26,768 -22,160
Investing Cash Flow $-136,746 $-90,204 $-40,999 $-148,683 $-106,066
Cash Flows From Financing Activities
Change In Short Term Borrowing N/A N/A N/A N/A 500,000
Debt Issued 202,000 148,000 50,000 747,500 177,500
Debt Repayment -79,000 -53,000 -10,000 -634,500 -319,500
Dividend Paid -149,734 -104,519 -45,053 -181,478 -134,066
Other Financing Activity -4,072 -3,544 -3,222 -26,669 -318,882
Financing Cash Flow $-30,806 $-13,063 $-8,275 $-95,147 $-94,948
Beginning Cash Position 1,430 1,430 1,430 7,428 7,428
End Cash Position 370 8,212 3,366 1,430 2,911
Net Cash Flow $-1,060 $6,782 $1,936 $-5,998 $-4,517
Free Cash Flow
Operating Cash Flow 166,492 110,049 51,210 237,832 196,497
Capital Expenditure -137,033 -90,394 -40,778 -124,215 -86,206
Free Cash Flow 29,459 19,655 10,432 113,617 110,291
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