| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 | Sep'15 | Jun'15 | Mar'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Cash flows from operating activities | ||||||||||||||||||||
Cash flows from operating activities | ||||||||||||||||||||
Net income | ||||||||||||||||||||
142,000 | 144,000 | 146,000 | 119,000 | 137,000 | 147,000 | 155,000 | 115,000 | 65,000 | 102,700 | 99,500 | 91,700 | 98,100 | 173,000 | 61,800 | 74,700 | 68,000 | 173,600 | 90,600 | 60,700 | 49,100 |
Adjustments to reconcile net income to net cash provided by operating activities | ||||||||||||||||||||
Depreciation, amortization and accretion | ||||||||||||||||||||
13,000 | 13,000 | 12,000 | 12,000 | 12,000 | 12,000 | 11,000 | 12,000 | 11,000 | 11,700 | 10,700 | 11,300 | 11,300 | 16,000 | 9,100 | 12,100 | 5,900 | 21,900 | 5,500 | 5,300 | 5,200 |
Non-cash interest expense | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -300 | 200 | 100 | 0 | 2,500 | 100 | 0 | 100 | - | - | - | - |
Loss from revision of asset retirement obligation | ||||||||||||||||||||
0 | - | 0 | 0 | -2,000 | - | 0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Amortization of credit facilities issuance costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 |
Allowance oil reduction to net realizable value | ||||||||||||||||||||
8,000 | - | - | - | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Undistributed equity earnings | ||||||||||||||||||||
0 | 1,000 | 2,000 | 0 | 3,000 | 4,000 | 0 | 1,000 | 1,000 | -900 | 2,700 | 1,300 | 2,900 | -1,400 | -1,700 | -2,000 | 1,000 | 4,300 | 0 | 0 | 0 |
Changes in operating assets and liabilities | ||||||||||||||||||||
Accounts receivable | ||||||||||||||||||||
3,000 | -3,000 | -7,000 | 8,000 | -5,000 | -6,000 | 9,000 | 17,000 | -13,000 | 5,100 | -12,600 | 15,000 | -500 | 7,000 | -4,400 | -2,600 | -300 | 3,400 | -2,700 | 7,100 | -11,200 |
Allowance oil | ||||||||||||||||||||
0 | -1,000 | 1,000 | 2,000 | -2,000 | 3,000 | -3,000 | 6,000 | 0 | 1,300 | 2,400 | 1,300 | -2,000 | 200 | 4,200 | -800 | 400 | 2,200 | 1,900 | 1,300 | -700 |
Prepaid expenses and other assets | ||||||||||||||||||||
-3,000 | 14,000 | -4,000 | -6,000 | -4,000 | 14,000 | -4,000 | -3,000 | -3,000 | 11,200 | -2,300 | -2,200 | 300 | 5,100 | -500 | -2,900 | -1,600 | 3,200 | 500 | -1,600 | -1,400 |
Accounts payable | ||||||||||||||||||||
-3,000 | 2,000 | -1,000 | 2,000 | -1,000 | -2,000 | -6,000 | -4,000 | 5,000 | 5,200 | -1,800 | 7,500 | -2,900 | 2,600 | 2,200 | -4,300 | -200 | -2,100 | 400 | 600 | -6,600 |
Deferred revenue and other unearned income | ||||||||||||||||||||
2,000 | 0 | 0 | -3,000 | -8,000 | 0 | -1,000 | -1,000 | -2,000 | -8,000 | 3,600 | 1,900 | 8,500 | 8,300 | 1,300 | 100 | -1,800 | -6,900 | -14,400 | 200 | 6,900 |
Accrued liabilities | ||||||||||||||||||||
- | - | - | - | - | -6,000 | -2,000 | 3,000 | 15,000 | -8,500 | 4,100 | 6,600 | 1,800 | -11,000 | 4,100 | 4,200 | -100 | -3,400 | 3,600 | 4,200 | 4,700 |
Net cash provided by operating activities | ||||||||||||||||||||
162,000 | 139,000 | 175,000 | 133,000 | 150,000 | 139,000 | 155,000 | 104,000 | 109,000 | 85,800 | 126,100 | 104,000 | 116,100 | 180,700 | 81,000 | 95,100 | 72,400 | 172,000 | 87,000 | 64,200 | 72,600 |
Cash flows from investing activities | ||||||||||||||||||||
Cash flows from investing activities | ||||||||||||||||||||
Capital expenditures | ||||||||||||||||||||
7,000 | 7,000 | 7,000 | 14,000 | 10,000 | 11,000 | 13,000 | 16,000 | 9,000 | 15,600 | 16,600 | 15,300 | 10,500 | 17,000 | 9,100 | 15,000 | 4,700 | 40,500 | 6,500 | 2,100 | 2,600 |
Contributions to investment | ||||||||||||||||||||
0 | - | - | - | 5,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Purchase price adjustment | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 400 | 0 | 0 | 0 | 0 | - | - | - | - |
Return of investment | ||||||||||||||||||||
14,000 | 10,000 | 9,000 | 39,000 | 8,000 | 7,000 | 8,000 | 22,000 | 11,000 | 4,800 | 2,700 | 3,700 | 6,800 | 6,200 | 1,600 | 3,900 | 4,100 | 8,000 | -900 | 2,200 | 3,200 |
Payment of pre-IPO distributions from investments to SPLC | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 11,900 |
Net cash provided by (used in) investing activities | ||||||||||||||||||||
7,000 | -9,000 | -1,000 | -70,000 | -7,000 | -11,000 | -12,000 | -490,000 | 2,000 | -280,300 | -4,000 | -221,400 | -3,300 | -105,600 | -33,800 | -104,800 | -600 | -126,400 | -37,900 | -55,300 | -11,300 |
Cash flows from financing activities | ||||||||||||||||||||
Cash flows from financing activities | ||||||||||||||||||||
Net proceeds from equity offerings | ||||||||||||||||||||
- | - | - | - | - | - | 0 | 0 | 973,000 | - | - | - | - | - | - | - | - | - | - | - | - |
Net proceeds from equity offerings | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 397,700 | 420,400 | 296,800 | 0 | 0 | 0 |
Repayments of credit facilities | ||||||||||||||||||||
- | - | - | - | - | 0 | 600,000 | 0 | 973,000 | 268,000 | 265,000 | 0 | 0 | 0 | 0 | 0 | 410,000 | 0 | 0 | 0 | 0 |
Contributions from general partner | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | 0 | 20,000 | 200 | 5,700 | 100 | 0 | 0 | 0 | 1,100 | 8,700 | 0 | 0 | 6,100 | 0 |
Distributions to noncontrolling interests | ||||||||||||||||||||
5,000 | 4,000 | 4,000 | 6,000 | 3,000 | 5,000 | 4,000 | 5,000 | 2,000 | 2,600 | 4,700 | 6,000 | 5,700 | 13,100 | 2,700 | 2,000 | 12,400 | 17,300 | 30,800 | 0 | 25,100 |
Distributions to unitholders and general partner | ||||||||||||||||||||
162,000 | 140,000 | 131,000 | 119,000 | 129,000 | 121,000 | 113,000 | 106,000 | 83,000 | 77,600 | 68,200 | 63,600 | 58,600 | 53,900 | 49,000 | 41,700 | 35,300 | 30,300 | 27,700 | 24,100 | 14,400 |
Net distributions to Parent | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | -3,900 | -18,900 | -25,700 | -17,500 | - | - | - | - | -106,000 | -16,600 | -10,400 | -15,100 |
Other contributions from Parent | ||||||||||||||||||||
0 | 10,000 | -1,000 | 3,000 | 7,000 | 5,000 | 1,000 | 5,000 | 1,000 | 4,400 | 1,200 | 9,600 | 2,800 | 11,300 | 2,700 | -1,400 | 1,800 | 40,400 | 0 | 0 | 0 |
Capital lease payments | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | 200 | - | 0 | 0 | 0 | - | - | - | - |
Credit facility issuance costs | ||||||||||||||||||||
- | - | - | - | - | - | - | - | - | 1,300 | 0 | 0 | 700 | 600 | 0 | 0 | 0 | - | - | - | - |
Net cash used in financing activities | ||||||||||||||||||||
-167,000 | -134,000 | -137,000 | -32,000 | -125,000 | -120,000 | -118,000 | 376,000 | -64,000 | 158,900 | -85,000 | 98,000 | -79,900 | -114,600 | -55,000 | 40,300 | -26,800 | -69,300 | -44,600 | -52,800 | -54,600 |
Net increase in cash and cash equivalents | ||||||||||||||||||||
2,000 | -4,000 | 37,000 | 31,000 | 18,000 | 8,000 | 25,000 | -10,000 | 47,000 | -35,600 | 37,100 | -19,400 | 32,900 | -39,500 | -7,800 | 30,600 | 45,000 | -23,700 | 4,500 | -43,900 | 6,700 |
Non-cash investing and financing transactions: | ||||||||||||||||||||
Change in accrued capital expenditures | ||||||||||||||||||||
-4,000 | 5,000 | 0 | -4,000 | 2,000 | -3,000 | 0 | -4,000 | 5,000 | -700 | -1,100 | -2,900 | 4,700 | -4,200 | 900 | 4,000 | 400 | 6,100 | 1,400 | -1,500 | 500 |
Other non-cash contributions from Parent | ||||||||||||||||||||
- | - | - | - | - | 0 | 0 | -2,000 | 4,000 | -1,500 | 400 | -2,700 | 3,800 | -100 | 200 | 0 | 100 | 1,800 | 0 | 0 | 0 |