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Cimarex Energy Co (NYSE:XEC)
Cash Flow from Operations
$1,425 Mil (TTM As of Mar. 2014)

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

For the three months ended in Mar. 2014, Cimarex Energy Co's Net Income From Continuing Operations was $138 Mil. Its DDA was $174 Mil. Its Change In Working Capital was $-61 Mil. Its cash flow from deferred tax was $82 Mil. Its Cash Flow from Discontinued Operations was $0 Mil. And its Cash Flow from Others was $15 Mil. In all, Cimarex Energy Co's Cash Flow from Operations for the three months ended in Mar. 2014 was $348 Mil.


Definition

Cash flow from operations refers to the cash brought in through a company’'s normal business operations. It is the cash flow before any investment or financing activities. It is the cash version of net income.

Cimarex Energy Co's Cash Flow from Operations for the fiscal year that ended in Dec. 2013 is calculated as:

Cimarex Energy Co's Cash Flow from Operations for the quarter that ended in Mar. 2014 is

Cimarex Energy Co Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2014 was 322.708 (Jun. 2013 ) + 370.962 (Sep. 2013 ) + 383.6 (Dec. 2013 ) + 348.024 (Mar. 2014 ) = $1,425 Mil.

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


Explanation

Cash flow from operations contains six items:

1. Net Income From Continuing Operations:
Net Income From Continuing Operations indicates the net income that a firm brings in from ongoing business activities. These activities are expected to continue into the next reporting period. It excludes extraordinary items, income from the cumulative effects of accounting changes, non-recurring items, income from tax loss carry forward, and preferred dividends.

Cimarex Energy Co's net income from continuing operations for the three months ended in Mar. 2014 was $138 Mil.

2. Depreciation, Depletion and Amortization:
Depreciation is a present expense that accounts for the past cost of an asset that is now providing benefits.
Depletion and amortization are synonyms for depreciation.
Generally:
• The term “depreciation” is used when discussing man made tangible assets
• The term “depletion” is used when discussing natural tangible assets
• The term “amortization” is used when discussing intangible assets

Cimarex Energy Co's depreciation, depletion and amortization for the three months ended in Mar. 2014 was $174 Mil.

3. Change In Working Capital:
Working Capital is a measure of a company's short term liquidity or its ability to cover short term liabilities. It is defined as the difference between a company's current assets and current liabilities. Changes in Working Capital is reported in the cash flow statement since it is one of the major ways in which net income can differ from operating cash flow.

Cimarex Energy Co's change in working capital for the three months ended in Mar. 2014 was $-61 Mil. It means Cimarex Energy Co's working capital declined by $61 Mil from Dec. 2013 to Mar. 2014 .

4. Deferred Tax:
It is the cash flow generated from deferred tax.

Cimarex Energy Co's cash flow from deferred tax for the three months ended in Mar. 2014 was $82 Mil.

5. Cash Flow from Discontinued Operations:
Cash received by a company that comes from the sale of part of business.

Cimarex Energy Co's cash flow from discontinued operations for the three months ended in Mar. 2014 was $0 Mil.

6. Cash Flow from Others:
These are cash differences caused by the change of inventory, accounts payable, accounts receivable etc. For instance, if a company pays its suppliers slower, its cash position will build up faster. If a company receives payments from its customers slower, its account receivables will rise, and its cash position will grow more slowly (or even shrink).

Cimarex Energy Co's cash flow from others for the three months ended in Mar. 2014 was $15 Mil.


Related Terms

Net Income From Continuing Operations, Depreciation, Depletion and Amortization, Change In Working Capital, Cash Flow from Discontinued Operations, Cash Flow from Others, Cash Flow from Investing


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cimarex Energy Co Annual Data

Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13
NetIncomeFromContinuingOperations 154328346346-915-312575530354565
CF_DDA 126263396462547266304390514616
ChangeInWorkingCapital 7-20-399-7617-58-2358-64
CF_DeferredTax 67113221168-603-165293358208330
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others 220-45102,414869173759-122
Cash Flow from Operations 3567058789951,3676751,1301,2921,1931,324

Cimarex Energy Co Quarterly Data

Dec11Mar12Jun12Sep12Dec12Mar13Jun13Sep13Dec13Mar14
NetIncomeFromContinuingOperations 53010664849990130138207138
CF_DDA 111118121136138136147159173174
ChangeInWorkingCapital 11-5183-3057-45-24-2328-61
CF_DeferredTax 696338505853778211882
Cash Flow from Disc. Op. 0000000000
Cash Flow from Others -399161721513-715-14215
Cash Flow from Operations 321252323261357247323371384348
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