What is Targa Resources Partners LP Cash Flow from Financing?
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 Sep. 2020,
Targa Resources Partners LP paid$0 Mil more to buy back shares than it received from issuing new shares.
It received$66 Mil from issuing more debt.
It paid$0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent$52 Mil paying cash dividends to shareholders.
It spent$106 Mil on other financial activities.
In all, Targa Resources Partners LPspent$92 Mil on financial activities for the
three
months ended in Sep. 2020.
Targa Resources Partners LP Cash Flow from Financing Historical Data
* 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.
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Targa Resources Partners LP Cash Flow from Financing Chart
Targa Resources Partners LP Cash Flow from Financing Calculation
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.
Targa Resources Partners LP's Cash from Financing for the fiscal year that ended in Dec. 2019 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Sep. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $-462 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.
Targa Resources Partners LP (NYSE:NGLS) 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.
Targa Resources Partners LP's issuance of stock for the
three
months ended in Sep. 2020 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.
Targa Resources Partners LP's repurchase of stock for the
three
months ended in Sep. 2020 was $0 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.
Targa Resources Partners LP's net issuance of debt for the
three
months ended in Sep. 2020 was $66 Mil.
Targa Resources Partners LP received$66 Mil from issuing more 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.
Targa Resources Partners LP's net issuance of preferred for the
three
months ended in Sep. 2020 was $0 Mil.
Targa Resources Partners LP 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.
Targa Resources Partners LP's cash flow for dividends for the
three
months ended in Sep. 2020 was $-52 Mil.
Targa Resources Partners LP spent$52 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Targa Resources Partners LP's other financing for the
three
months ended in Sep. 2020 was $-106 Mil.
Targa Resources Partners LP spent$106 Mil on other financial activities.
Targa Resources Partners LP Cash Flow from Financing Related Terms
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Targa Resources Partners LP (Targa Resources Partners LP) Business Description
Targa Resources Partners LP is a midstream natural gas company. It mainly operates, acquires and develop a diversified portfolio of complementary midstream energy assets. The company acts as a provider of midstream natural gas and NGL (Natural Gas Liquids) services as well as crude oil gathering and petroleum terminaling. The company's business activities include gathering, compressing, treating, processing and selling natural gas, storing, fractionating, treating, transporting and selling NGLs and NGL products, including services to LPG (Liquefied Petroleum Gas) exporters; gathering, storing and terminaling crude oil, and storing, terminaling and selling refined petroleum products. Targa divides its business into two segments Gathering and Processing, and Logistics and Transportation.
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