7Baggers
Quarterly
Annual
    Unit: USD2019-09-30 2019-06-30 2019-03-31 2018-12-31 2018-09-30 2018-06-30 2018-03-31 2017-12-31 2017-09-30 2017-06-30 2017-03-31 
      
    		           
      cash flows from operating activities
    		           
      net income
    		100,400,000 90,900,000 95,300,000 91,900,000 96,800,000 94,600,000 89,000,000 77,100,000 76,500,000   
      adjustments to reconcile net income to net cash from operating activities:
    		           
      depreciation expense
    		34,500,000 34,000,000 32,600,000 32,200,000 30,600,000 30,200,000 30,000,000 29,300,000 28,500,000   
      amortization of deferred financing costs
    		300,000 300,000 300,000 200,000 300,000 200,000 300,000 200,000 200,000   
      unit-based compensation expense
    		500,000 300,000 300,000 200,000 300,000 300,000 100,000 0 100,000   
      earnings from equity investments
    		           
      changes in assets and liabilities:
    		           
      accounts receivable – affiliate
    		-8,200,000 400,000 2,600,000 2,500,000 -3,000,000 5,200,000 -7,900,000 -100,000 -1,600,000   
      other current and noncurrent assets
    		-6,700,000 2,100,000 -400,000 2,300,000 -4,400,000 1,100,000 2,600,000 -3,600,000 -200,000   
      accounts payable – trade
    		-8,700,000 14,300,000 -3,400,000 2,500,000 -5,200,000 3,200,000 2,600,000 4,600,000 -600,000   
      accounts payable – affiliate
    		-1,400,000 4,900,000 800,000 -7,500,000 -1,200,000 3,800,000 -1,800,000 10,900,000 -2,900,000   
      accrued liabilities
    		8,100,000 -500,000 1,600,000 200,000 700,000 1,100,000 700,000 1,200,000 -1,900,000 -1,234,000 34,000 
      other current and noncurrent liabilities
    		-500,000 1,600,000 -3,600,000 1,700,000 500,000 1,800,000 -5,100,000 1,300,000 3,100,000   
      net cash from operating activities
    		117,800,000 148,300,000 126,100,000 126,200,000 115,400,000 141,500,000 110,500,000 120,900,000 101,200,000   
      capex
    		-69,000,000 -55,900,000 -59,500,000 -71,700,000 -67,000,000 -60,000,000 -36,900,000 -38,300,000 -21,500,000   
      free cash flows
    		48,800,000 92,400,000 66,600,000 54,500,000 48,400,000 81,500,000 73,600,000 82,600,000 79,700,000   
      cash flows from investing activities
    		           
      acquisitions from third parties, net of cash acquired
    		0 0 -61,000,000         
      payments for equity investments
    		-10,000,000 -16,000,000 -7,000,000 0 -26,000,000 -17,000,000 -24,300,000     
      additions to property, plant and equipment
    		-69,000,000 -55,900,000 -59,500,000 -71,700,000 -67,000,000 -60,000,000 -36,900,000 -38,300,000 -21,500,000   
      net cash from investing activities
    		-79,000,000 -71,900,000 -127,500,000 -71,700,000 -93,000,000 -77,000,000 -61,200,000 -38,300,000 -21,500,000   
      cash flows from financing activities
    		           
      proceeds from (repayments of) bank borrowings - revolver
    		           
      distributions to unitholders
    		-21,800,000 -20,400,000 -20,800,000 -19,900,000 -19,300,000       
      distributions to general partner
    		-1,100,000           
      distributions to noncontrolling interest
    		-46,300,000 -49,000,000 -57,100,000 -50,000,000 -46,000,000 -41,500,000 -61,700,000 -73,900,000 -89,500,000   
      contributions from noncontrolling interest
    		8,000,000 12,800,000 55,500,000 1,100,000 21,000,000 14,600,000 20,600,000 7,700,000 29,900,000   
      net cash from financing activities
    		-50,200,000 -65,000,000 -15,400,000 -68,800,000 -44,300,000 -45,500,000 -59,000,000 -83,400,000 -74,700,000   
      increase in cash and cash equivalents
    		-11,400,000 11,400,000 -16,800,000 -14,300,000 -21,900,000 19,000,000 -9,700,000 -800,000 5,000,000   
      cash and cash equivalents, beginning of period
    		0 0 20,300,000 0 0 0 47,200,000 0 0   
      cash and cash equivalents, end of period
    		-11,400,000 11,400,000 3,500,000 -14,300,000 -21,900,000 19,000,000 37,500,000 -800,000 5,000,000   
      proceeds from (repayments of ) bank borrowings - revolver
    		  7,000,000         
      cash distributions to parent prior to the ipo on april 10, 2017
    		       0 0   
      cash contributions from parent prior to the ipo on april 10, 2017
    		       0 0   
      ipo proceeds, net of underwriters' discounts
    		       0 0   
      cash offering costs
    		        0   
      distribution of ipo proceeds to hess and gip
    		       0 0   
      financing costs
    		       0 0   
      supplemental disclosure of non-cash investing and financing activities:
    		           
      contribution to settle accounts payable – affiliate
    		        0   
      removal of historical capitalized offering costs
    		       0    
      contribution of property, plant and equipment
    		           
      contributions to settle accounts payable – affiliate
    		           
      contributions to settle accounts payable - affiliate
    		           
      distribution to unitholders
    		      -17,900,000 -17,200,000    
      ipo offering costs
    		           
      borrowings from (repayments to) parent
    		           
      parent contribution pursuant to prepaid forward purchase and sales agreement
    		           
      payment to parent pursuant to prepaid forward purchase and sales agreement
    		           
      capital expenditures included in accrued liabilities at period end
    		       5,100,000 4,200,000   
      contribution from parent to settle accounts payable – affiliate
    		           
      contribution from parent to settle affiliate debt
    		           
      supplemental cash disclosures:
    		           
      net increase in cash and cash equivalents
    		           
      cash and cash equivalents at beginning of period
    		          304,000 
      cash and cash equivalents at end of period
    		          304,000 
      assets
    		           
      accounts receivable—affiliate
    		          60,300 
      other current assets
    		          1,900 
      total current assets
    		          62,200 
      property, plant and equipment
    		          2,518,800 
      other noncurrent assets
    		          10,100 
      total assets
    		          2,591,100 
      liabilities
    		           
      accounts payable—trade
    		          11,200 
      accounts payable—affiliate
    		          267,300 
      other current liabilities
    		          1,100 
      total current liabilities
    		          313,600 
      other noncurrent liabilities
    		          4,500 
      total liabilities
    		          318,100 
      net parent investment
    		          2,273,000 
      total liabilities and net parent investment
    		          2,591,100 
    The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.