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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)
  06-2017 03-2017 12-2016 09-2016 06-2016
Cash Flows From Operating Activities
Net Income 10,663 -583 -38,187 -52,182 -54,220
Depreciation Amortization 59,027 29,450 116,637 87,085 57,904
Accounts receivable 41,527 43,695 -7,783 37,133 41,276
Accounts payable and accrued liabilities -4,372 -4,042 2,001 -1,795 1,447
Other Working Capital -10,100 -16,495 5,348 27,386 40,433
Other Operating Activity 24,596 10,424 152,479 71,078 44,660
Operating Cash Flow $121,341 $62,449 $230,495 $168,705 $131,500
Cash Flows From Investing Activities
PPE Investments -45,912 -14,428 -142,719 -122,735 -91,372
Net Acquisitions N/A N/A -359,431 -359,431 -359,431
Other Investing Activity -16,170 -5,297 -31,976 -20,530 -16,080
Investing Cash Flow $-62,082 $-19,725 $-534,126 $-502,696 $-466,883
Cash Flows From Financing Activities
Change In Short Term Borrowing 500,000 500,000 N/A N/A N/A
Debt Issued 112,500 72,000 520,300 490,300 439,300
Debt Repayment -269,500 -245,000 -204,300 -189,300 -50,300
Common Stock Issued N/A N/A 125,233 126,115 N/A
Dividend Paid -89,029 -44,452 -167,504 -123,064 -82,020
Other Financing Activity -318,070 -326,415 15,537 15,744 13,353
Financing Cash Flow $-64,099 $-43,867 $289,266 $319,795 $320,333
Beginning Cash Position 7,428 7,428 21,793 21,793 21,793
End Cash Position 2,588 6,285 7,428 7,597 6,743
Net Cash Flow $-4,840 $-1,143 $-14,365 $-14,196 $-15,050
Free Cash Flow
Operating Cash Flow 121,341 62,449 230,495 168,705 131,500
Capital Expenditure -45,912 -14,428 -142,719 -122,735 -91,372
Free Cash Flow 75,429 48,021 87,776 45,970 40,128
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