Hess Midstream LP
Cash Flow
Last updated:
Cash flow statement presents a set of outflows and inflows of cash within a company through operating, investing and financing activities. Over the last year, operating activities of Hess Midstream LP generated cash of $866,400,000, which is more than the previous year. Cash used in financing activities reached the amount of -$640,600,000 last year. Net change in cash is therefore $2,300,000.
Cash Flow
| 2014 | 29.6M | -187.8M | 158.2M |
|---|---|---|---|
| 2015 | 434.8M | -361.8M | -73M |
| 2016 | 387.7M | -263.6M | -124.1M |
| 2017 | 399.9M | -136.4M | -216.6M |
| 2018 | 466.9M | -307.6M | -405.7M |
| 2019 | 470.7M | -497.5M | -79.2M |
| 2020 | 641.7M | -301M | -341.4M |
| 2021 | 795.5M | -163.2M | -632.7M |
| 2022 | 861.1M | -238.2M | -622M |
| 2023 | 866.4M | -223.5M | -640.6M |
HESM Cash Flow Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Cash at beginning of period | 3.1M | 2.2M | 2.6M | 3.3M | 109.3M | 355.7M | 300K | 300K | 0 | 0 |
Operating activities | ||||||||||
Net income | 118.6M | 620.6M | 617.8M | 484.9M | 317.7M | 325.5M | 284.8M | 206.3M | 193.4M | 32.9M |
| Adjustments to reconcile net income to cash generated by operating activities: | ||||||||||
Depreciation and amortization | 192.5M | 181.3M | 165.6M | 156.9M | 142.5M | 126.9M | 113.1M | 99.7M | 86.1M | 44.4M |
Stock-based compensation expense | 1.7M | 1.6M | 1.4M | 1.5M | 1.5M | 900K | 200K | 0 | 0 | 2.2M |
| Deferred income tax benefit | 1.7M | 1.6M | 1.4M | 1.5M | 1.5M | 900K | 200K | 0 | 0 | 2.2M |
| Changes in operating assets and liabilities: | ||||||||||
Accounts receivable, net | -1M | -2.6M | -27M | -5M | -19.5M | -6.3M | -15.2M | 5.9M | -8.2M | -33.4M |
Inventories | 0 | 0 | 0 | 0 | 0 | 19.5M | -38.4M | 500K | 191.5M | -100K |
Accounts payable | 13.6M | 2.3M | 6.6M | -500K | 15.2M | -2.4M | 17.8M | 74.8M | 169.4M | -6.7M |
Cash generated by operating activities | 866.4M | 861.1M | 795.5M | 641.7M | 470.7M | 466.9M | 399.9M | 387.7M | 434.8M | 29.6M |
Investing activities | ||||||||||
Purchases Of Investments | 0 | 0 | 0 | 0 | -33M | -67.3M | 0 | 0 | 0 | 0 |
Investments In Property Plant And Equipment | -223.5M | -238.2M | -163.2M | -301.1M | -306.4M | -241.9M | -136.4M | -263.6M | -361.8M | -187.8M |
Acquisitions Net | 0 | 0 | 0 | 100K | -191.1M | -67.3M | 78.5M | 0 | 0 | 0 |
Cash generated by investing activities | -223.5M | -238.2M | -163.2M | -301M | -497.5M | -307.6M | -136.4M | -263.6M | -361.8M | -187.8M |
Financing activities | ||||||||||
Common Stock Issued | 0 | 0 | 670M | 0 | 0 | 0 | 365.5M | 183.2M | 0 | 0 |
Payments for dividends | -127.5M | -91M | -49.4M | -31.6M | -85.4M | -396.1M | -477.1M | -306.9M | -339.1M | -27.6M |
Repurchases of common stock | -400M | -400M | -750M | 0 | -156.1M | 0 | 0 | 0 | 0 | 0 |
Repayments of term debt | 319.5M | 324M | -10M | -152M | 784.5M | -2.5M | 262M | 0 | -397.6M | -185.8M |
Cash used in financing activities | -640.6M | -622M | -632.7M | -341.4M | -79.2M | -405.7M | -216.6M | -124.1M | -73M | 158.2M |
Net Change In Cash | 2.3M | 900K | -400K | -700K | -106M | -246.4M | 46.9M | 0 | 0 | 0 |
Cash at end of period | 5.4M | 3.1M | 2.2M | 2.6M | 3.3M | 109.3M | 47.2M | 300K | 0 | 0 |
| Data source | Data source | Data source | Data source |