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Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the three months ended in Mar. 2024, ProPetro Holding paid $23 Mil more to buy back shares than it received from issuing new shares. It spent $4 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It received $0 Mil from paying cash dividends to shareholders. It spent $1 Mil on other financial activities. In all, ProPetro Holding spent $28 Mil on financial activities for the three months ended in Mar. 2024.
The historical data trend for ProPetro Holding's Cash Flow from Financing can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ProPetro Holding Annual Data | |||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
Cash Flow from Financing | Get a 7-Day Free Trial | 56.35 | -125.17 | -7.28 | 26.26 | -46.12 |
ProPetro Holding Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Cash Flow from Financing | Get a 7-Day Free Trial | -3.38 | 11.35 | -34.80 | -19.29 | -27.87 |
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
ProPetro Holding's Cash from Financing for the fiscal year that ended in Dec. 2023 is calculated as:
Cash Flow from Financing | (A: Dec. 2023 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 0 | + | -51.738 | + | 10.337 | + | 0 | + | 0 | + | -4.722 |
= | -46 |
ProPetro Holding's Cash from Financing for the quarter that ended in Mar. 2024 is:
Cash Flow from Financing | (Q: Mar. 2024 ) | ||||||||||
= | Issuance of Stock | + | Repurchase of Stock | + | Net Issuance of Debt | + | Net Issuance of Preferred Stock | + | Cash Flow for Dividends | + | Other Financing |
= | 0 | + | -22.508 | + | -4.154 | + | 0 | + | 0 | + | -1.209 |
= | -28 |
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-71 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
ProPetro Holding (NYSE:PUMP) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
ProPetro Holding's issuance of stock for the three months ended in Mar. 2024 was $0 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
ProPetro Holding's repurchase of stock for the three months ended in Mar. 2024 was $-23 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
ProPetro Holding's net issuance of debt for the three months ended in Mar. 2024 was $-4 Mil. ProPetro Holding spent $4 Mil paying down its debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
ProPetro Holding's net issuance of preferred for the three months ended in Mar. 2024 was $0 Mil. ProPetro Holding paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
ProPetro Holding's cash flow for dividends for the three months ended in Mar. 2024 was $0 Mil. ProPetro Holding received $0 Mil from paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
ProPetro Holding's other financing for the three months ended in Mar. 2024 was $-1 Mil. ProPetro Holding spent $1 Mil on other financial activities.
Thank you for viewing the detailed overview of ProPetro Holding's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Michele Vion Choka | director | 4140 DUBLIN BLVD, SUITE 400, DUBLIN CA 94568 |
Phillip A Gobe | director, officer: Executive Chairman | 777 HIDDEN RIDGE, IRVING TX 75038 |
Elo Omavuezi | officer: Chief Accounting Officer | 1706 S. MIDKIFF ROAD, MIDLAND TX 79701 |
Adam Munoz | officer: Senior VP of Operations | 1706 S. MIDKIFF ROAD, MIDLAND TX 79701 |
G Larry Lawrence | director | C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701 |
David Scott Schorlemer | officer: Chief Financial Officer | 16225 PARK TEN PLACE, SUITE 280, HOUSTON TX 77084 |
Mary P Ricciardello | director | 2925 BRIARPARK, SUITE 1050, HOUSTON TX 77042 |
John J Mitchell | officer: Gen. Counsel & Corp. Secretary | 1706 S. MIDKIFF, MIDLAND TX 79701 |
Armour Spencer D Iii | director | 400 W. ILLINOIS, SUITE 800, MIDLAND TX 79701 |
Wilson Newton W Iii | officer: Gen. Counsel & Corp. Secretary | C/O KEY ENERGY SERVICES, INC., 1301 MCKINNEY STREET, SUITE 1800, HOUSTON TX 77010 |
Samuel D Sledge | officer: Chief Strategy & Admin Officer | 1706 S. MIDKIFF ROAD, MIDLAND TX 79701 |
Mark Stephen Berg | director | 777 HIDDEN RIDGE, IRVING TX 75038 |
Darin G Holderness | officer: Interim CFO | 14701 ST. MARY'S LANE, SUITE 275, HOUSTON TX 77079 |
Anthony James Best | director | 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS TX 77381 |
Royce Mitchell | director | 777 HIDDEN RIDGE, IRVING TX 75038 |
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