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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)
  03-2016 12-2015 09-2015 06-2015 03-2015
Cash Flows From Operating Activities
Net Income -3,665 -222,228 -1,338 -4,880 -2,485
Depreciation Amortization 28,770 110,212 81,833 54,208 26,889
Accounts receivable 40,031 3,328 56,951 36,778 41,780
Accounts payable and accrued liabilities -817 -1,450 -2,400 -2,031 -1,575
Other Working Capital 25,342 -1,784 14,781 31,770 15,063
Other Operating Activity -22,812 303,297 -11,730 -10,849 -32,009
Operating Cash Flow $66,849 $191,375 $138,097 $104,996 $47,663
Cash Flows From Investing Activities
PPE Investments -61,326 -272,225 -205,429 -131,517 -49,470
Net Acquisitions -360,000 -288,618 -288,618 -292,941 -2,941
Other Investing Activity -16,022 -85,877 -74,137 -64,158 -27,830
Investing Cash Flow $-437,348 $-646,720 $-568,184 $-488,616 $-80,241
Cash Flows From Financing Activities
Debt Issued 424,300 367,000 317,000 257,000 89,000
Debt Repayment -35,300 -333,500 -331,000 -328,500 -26,000
Common Stock Issued N/A 221,977 222,014 222,119 N/A
Dividend Paid -40,975 -152,074 -111,099 -70,619 -35,093
Other Financing Activity 13,768 345,924 312,012 303,816 -7,181
Financing Cash Flow $361,793 $449,327 $408,927 $383,816 $20,726
Beginning Cash Position 21,793 27,811 27,811 27,811 27,811
End Cash Position 13,087 21,793 6,651 28,007 15,959
Net Cash Flow $-8,706 $-6,018 $-21,160 $196 $-11,852
Free Cash Flow
Operating Cash Flow 66,849 191,375 138,097 104,996 47,663
Capital Expenditure -61,326 -272,225 -205,429 -131,517 -49,470
Free Cash Flow 5,523 -80,850 -67,332 -26,521 -1,807
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