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
six
months ended in Jun. 2015,
Dragon Oil received£5.8 Mil more from issuing new shares than it paid to buy back shares.
It received£0.0 Mil from issuing more debt.
It paid£0.0 Mil more to buy back preferred shares than it received from issuing preferred shares.
It spent£50.5 Mil paying cash dividends to shareholders.
It spent£0.1 Mil on other financial activities.
In all, Dragon Oilspent£44.8 Mil on financial activities for the
six
months ended in Jun. 2015.
Dragon Oil Cash Flow from Financing Historical Data
The historical data trend for Dragon Oil'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.
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.
Dragon Oil's Cash from Financing for the fiscal year that ended in Dec. 2014 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Jun. 2015 adds up the semi-annually data reported by the company within the most recent 12 months, which was £-107.7 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.
Dragon Oil (LSE:DGO) 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.
Dragon Oil's issuance of stock for the
six
months ended in Jun. 2015 was £5.8 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.
Dragon Oil's repurchase of stock for the
six
months ended in Jun. 2015 was £0.0 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.
Dragon Oil's net issuance of debt for the
six
months ended in Jun. 2015 was £0.0 Mil.
Dragon Oil received£0.0 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.
Dragon Oil's net issuance of preferred for the
six
months ended in Jun. 2015 was £0.0 Mil.
Dragon Oil paid£0.0 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.
Dragon Oil's cash flow for dividends for the
six
months ended in Jun. 2015 was £-50.5 Mil.
Dragon Oil spent£50.5 Mil paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Dragon Oil's other financing for the
six
months ended in Jun. 2015 was £-0.1 Mil.
Dragon Oil spent£0.1 Mil on other financial activities.
Dragon Oil Cash Flow from Financing Related Terms
Thank you for viewing the detailed overview of Dragon Oil's Cash Flow from Financing provided by GuruFocus.com. Please click on the following links to see related term pages.
Dragon Oil PLC is an independent oil and gas exploration, development and production company. The Company's producing asset is the Cheleken Contract Area, in the eastern section of the Caspian Sea, offshore Turkmenistan. It has exploration blocks offshore Tunisia (the Bargou Exploration Permit), in Iraq (Block 9), Afghanistan (Sanduqli and Mazar-i-Sharif blocks), offshore the Philippines (Service Contract 63) in partnership with other companies and Block 19 in Egypt. The Company develops the hydrocarbon reserves in the Cheleken Contract Area in accordance with the terms of the Production Sharing Agreement (PSA). As at 31 December 2014 the Company had probably oil reserves of 663 million barrels of oil and condensate, gas 2P reserves and contingent gas resources of c. 2.7 TCF. The Bargou Exploration Permit contains prospective resources, while Block 9, Sanduqli and Mazar-i-Sharif blocks and Block 19 are at an early stage of exploration. The Company is subject to the international laws and regulations that it operates in.
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