Switch to:
Plains Exploration & Production Company (NYSE:PXP)
Cash from Financing
$5,731 Mil (TTM As of Mar. 2013)

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. 2013, Plains Exploration & Production Company paid $0 Mil more to buy back shares than it received from issuing new shares. It spent $416 Mil paying down its debt. It paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares. It spent $7 Mil paying cash dividends to shareholders. It spent $1 Mil on other financial activities. In all, Plains Exploration & Production Company spent $423 Mil on financial activities for the three months ended in Mar. 2013.


Definition

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.

Plains Exploration & Production Company's Cash from Financing for the fiscal year that ended in Dec. 2012 is calculated as:

Cash from Financing(A: Dec. 2012 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=-88.49+6379.682+0+-27+-130.261
=6,134

Plains Exploration & Production Company's Cash from Financing for the quarter that ended in Mar. 2013 is

Cash from Financing(Q: Mar. 2013 )
=Net Issuance of Stock+Net Issuance of Debt+Net Issuance of Preferred+Dividends+Other Financing
=0+-415.98+0+-6.75+-0.697
=-423

Plains Exploration & Production Company Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2013 was 62.611 (Jun. 2012 ) + 590.246 (Sep. 2012 ) + 5501.439 (Dec. 2012 ) + -423.427 (Mar. 2013 ) = $5,731 Mil.

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


Explanation

Cash from financing contains five items:

1. Net Issuance of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. If this number is positive, it means that the company has received more cash from issuing shares than it has paid to buy back shares. If this number is negative, it means that company has paid more cash to buy back shares than it has received for issuing shares.

Plains Exploration & Production Company's net issuance of stock for the three months ended in Mar. 2013 was $0 Mil. Plains Exploration & Production Company paid $0 Mil more to buy back shares than it received from issuing new shares.

2. 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.

Plains Exploration & Production Company's net issuance of debt for the three months ended in Mar. 2013 was $-416 Mil. Plains Exploration & Production Company spent $416 Mil paying down its debt.

3. Net Issuance of Preferred:
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.

Plains Exploration & Production Company's net issuance of preferred for the three months ended in Mar. 2013 was $0 Mil. Plains Exploration & Production Company paid $0 Mil more to buy back preferred shares than it received from issuing preferred shares.

4. Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.

Plains Exploration & Production Company's cash flow for dividends for the three months ended in Mar. 2013 was $-7 Mil. Plains Exploration & Production Company spent $7 Mil paying cash dividends to shareholders.

5. Other Financing:
Money spent or earned by company from other financial activities.

Plains Exploration & Production Company's other financing for the three months ended in Mar. 2013 was $-1 Mil. Plains Exploration & Production Company spent $1 Mil on other financial activities.


Related Terms

Cash Flow from Operations, Cash Flow from Investing, Net Issuance of Stock, Net Issuance of Debt, Dividends, Net Issuance of Preferred


Historical Data

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

Plains Exploration & Production Company Annual Data

Dec03Dec04Dec05Dec06Dec07Dec08Dec09Dec10Dec11Dec12
Net Issuance of Stock 000-298-47-3046480-362-88
Net Issuance of Debt 255-257162-5611,778-500-1596904196,380
Net Issuance of Preferred 0000000000
Dividends 00000000-1-27
Other Financing -4-111-457-628-51-53-18-23400-130
Cash from Financing 251-368-295-1,4881,680-8574716674576,134

Plains Exploration & Production Company Quarterly Data

Dec10Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13
Net Issuance of Stock 0000-362-880000
Net Issuance of Debt 540105185145-1675825975,626-416
Net Issuance of Preferred 0000000000
Dividends 0000-1-7-7-7-7-7
Other Financing 0-9-20411-0-12-0-118-1
Cash from Financing 5409618314533-20635905,501-423
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK