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10-Q Filing

ENLINK MIDSTREAM PARTNERS, LP CIK: 1179060 Q1 2013
Filing Information
Form Type 10-Q
Accession Number 0001104659-13-039365
Period End Date 20130331
Filing Date 20130509
Fiscal Year 2013
Fiscal Period Q1
XBRL Instance xtex-20130331.xml
Balance Sheet 64 line items
Line Item Tag Value Unit Period
Allowance for trade and other receiveables AllowanceForDoubtfulAccountsReceivableCurrent $683.00K USD Point-in-time
Allowance for trade and other receiveables AllowanceForDoubtfulAccountsReceivableCurrent $535.00K USD Point-in-time
Cash And Cash Equivalents CashAndCashEquivalentsAtCarryingValue $42.00K USD Point-in-time
Property plant and equipment accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $503.87M USD Point-in-time
Cash And Cash Equivalents CashAndCashEquivalentsAtCarryingValue $124.00K USD Point-in-time
Cash And Cash Equivalents CashAndCashEquivalentsAtCarryingValue $20.63M USD Point-in-time
Cash And Cash Equivalents CashAndCashEquivalentsAtCarryingValue $24.14M USD Point-in-time
Property plant and equipment accumulated depreciation AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment $526.26M USD Point-in-time
Intangible assets accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $263.31M USD Point-in-time
Intangible assets accumulated amortization FiniteLivedIntangibleAssetsAccumulatedAmortization $274.63M USD Point-in-time
Trade, net of allowance for bad debt of $683 and $535, respectively AccountsReceivableNetCurrent $63.69M USD Point-in-time
Trade, net of allowance for bad debt of $683 and $535, respectively AccountsReceivableNetCurrent $69.00M USD Point-in-time
Accrued revenue and other UnbilledContractsReceivable $139.82M USD Point-in-time
Accrued revenue and other UnbilledContractsReceivable $155.72M USD Point-in-time
Fair value of derivative assets DerivativeInstrumentsAndHedges $2.70M USD Point-in-time
Fair value of derivative assets DerivativeInstrumentsAndHedges $3.23M USD Point-in-time
Natural gas and natural gas liquids, inventory, prepaid expenses and other DepositPrepaidExpensesAndInventory $14.39M USD Point-in-time
Natural gas and natural gas liquids, inventory, prepaid expenses and other DepositPrepaidExpensesAndInventory $11.85M USD Point-in-time
Assets held for disposition AssetsHeldForSaleLongLived - USD Point-in-time
Assets held for disposition AssetsHeldForSaleLongLived $22.60M USD Point-in-time
Total current assets AssetsCurrent $257.22M USD Point-in-time
Total current assets AssetsCurrent $225.96M USD Point-in-time
Property and equipment, net of accumulated depreciation of $526,264 and $503,867, respectively PropertyPlantAndEquipmentNet $1.57B USD Point-in-time
Property and equipment, net of accumulated depreciation of $526,264 and $503,867, respectively PropertyPlantAndEquipmentNet $1.47B USD Point-in-time
Fair value of derivative assets DerivativeInstrumentsAndHedgesNoncurrent - USD Point-in-time
Fair value of derivative assets DerivativeInstrumentsAndHedgesNoncurrent $9.00K USD Point-in-time
Intangible assets, net of accumulated amortization of $274,633 and $263,305, respectively IntangibleAssetsNetExcludingGoodwill $413.68M USD Point-in-time
Intangible assets, net of accumulated amortization of $274,633 and $263,305, respectively IntangibleAssetsNetExcludingGoodwill $425.00M USD Point-in-time
Goodwill Goodwill $152.63M USD Point-in-time
Goodwill Goodwill $152.32M USD Point-in-time
Investment in limited liability company EquityMethodInvestments $98.97M USD Point-in-time
Investment in limited liability company EquityMethodInvestments $90.50M USD Point-in-time
Other assets, net DeferredFinanceCostsNoncurrentNet $26.02M USD Point-in-time
Other assets, net DeferredFinanceCostsNoncurrentNet $25.99M USD Point-in-time
Total assets Assets $2.48B USD Point-in-time
Total assets Assets $2.42B USD Point-in-time
Accounts payable, drafts payable and other AccountsPayableCurrent $25.93M USD Point-in-time
Accounts payable, drafts payable and other AccountsPayableCurrent $32.27M USD Point-in-time
Accrued gas purchases and crude oil purchases OtherAccruedLiabilitiesCurrent $123.37M USD Point-in-time
Accrued gas purchases and crude oil purchases OtherAccruedLiabilitiesCurrent $140.34M USD Point-in-time
Fair value of derivative liabilities DerivativeInstrumentsAndHedgesLiabilities $1.31M USD Point-in-time
Fair value of derivative liabilities DerivativeInstrumentsAndHedgesLiabilities $255.00K USD Point-in-time
Other current liabilities AccruedLiabilitiesCurrent $71.34M USD Point-in-time
Other current liabilities AccruedLiabilitiesCurrent $75.42M USD Point-in-time
Accrued Interest InterestPayableCurrent $14.97M USD Point-in-time
Accrued Interest InterestPayableCurrent $26.71M USD Point-in-time
Liabilities held for disposition LiabilitiesOfAssetsHeldForSale $3.57M USD Point-in-time
Liabilities held for disposition LiabilitiesOfAssetsHeldForSale - USD Point-in-time
Total current liabilities LiabilitiesCurrent $239.95M USD Point-in-time
Total current liabilities LiabilitiesCurrent $275.54M USD Point-in-time
Long-term debt LongTermDebtNoncurrent $1.04B USD Point-in-time
Long-term debt LongTermDebtNoncurrent $977.78M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $30.26M USD Point-in-time
Other long-term liabilities OtherLiabilitiesNoncurrent $29.54M USD Point-in-time
Deferred tax liability DeferredTaxLiabilitiesNoncurrent $71.38M USD Point-in-time
Deferred tax liability DeferredTaxLiabilitiesNoncurrent $71.40M USD Point-in-time
Fair value of derivative liabilities DerivativeLiabilitiesNoncurrent - USD Point-in-time
Fair value of derivative liabilities DerivativeLiabilitiesNoncurrent $12.00K USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Commitments and contingencies CommitmentsAndContingencies - USD Point-in-time
Partners' equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $1.16B USD Point-in-time
Partners' equity PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest $1.01B USD Point-in-time
Total liabilities and partners' equity LiabilitiesAndStockholdersEquity $2.48B USD Point-in-time
Total liabilities and partners' equity LiabilitiesAndStockholdersEquity $2.42B USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Revenue OilAndGasRevenue $371.71M USD 1 Quarter
Revenue OilAndGasRevenue $445.69M USD 1 Quarter
Purchased gas, NGLs and crude oil CostOfPurchasedOilAndGas $341.02M USD 1 Quarter
Purchased gas, NGLs and crude oil CostOfPurchasedOilAndGas $271.96M USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $37.34M USD 1 Quarter
Operating expenses OperatingCostsAndExpenses $27.81M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $14.96M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $18.24M USD 1 Quarter
(Gain) loss on sale of property GainLossOnDispositionOfProperty $-11.00K USD 1 Quarter
(Gain) loss on sale of property GainLossOnDispositionOfProperty $98.00K USD 1 Quarter
Loss on derivatives GainLossOnDerivativeInstrumentsNetPretax $-2.17M USD 1 Quarter
Loss on derivatives GainLossOnDerivativeInstrumentsNetPretax $-472.00K USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $32.18M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $33.73M USD 1 Quarter
Total operating cost and expenses CostsAndExpenses $430.80M USD 1 Quarter
Total operating cost and expenses CostsAndExpenses $348.97M USD 1 Quarter
Operating income OperatingIncomeLoss $14.89M USD 1 Quarter
Operating income OperatingIncomeLoss $22.73M USD 1 Quarter
Interest expense, net of interest income InterestIncomeExpenseNet $-19.38M USD 1 Quarter
Interest expense, net of interest income InterestIncomeExpenseNet $-20.27M USD 1 Quarter
Equity in earnings of limited liability company IncomeLossFromEquityMethodInvestments $-78.00K USD 1 Quarter
Equity in earnings of limited liability company IncomeLossFromEquityMethodInvestments - USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $220.00K USD 1 Quarter
Other income OtherNonoperatingIncomeExpense $12.00K USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-20.13M USD 1 Quarter
Total other expense NonoperatingIncomeExpense $-19.37M USD 1 Quarter
Income (loss) before non-controlling interest and income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $-5.24M USD 1 Quarter
Income (loss) before non-controlling interest and income taxes IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest $3.37M USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $709.00K USD 1 Quarter
Income tax provision IncomeTaxExpenseBenefit $424.00K USD 1 Quarter
Net income (loss) ProfitLoss $-5.95M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Less: Net loss attributable to the non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest $-38.00K USD 1 Quarter
Less: Net loss attributable to the non-controlling interest NetIncomeLossAttributableToNoncontrollingInterest - USD 1 Quarter
Net income (loss) attributable to Crosstex Energy, L.P. NetIncomeLoss $-5.95M USD 1 Quarter
Net income (loss) attributable to Crosstex Energy, L.P. NetIncomeLoss $2.98M USD 1 Quarter
Preferred interest in net income (Loss) attributable to Crosstex Energy, L.P. MinorityInterestInNetIncomeLossPreferredUnitHolders $4.85M USD 1 Quarter
Preferred interest in net income (Loss) attributable to Crosstex Energy, L.P. MinorityInterestInNetIncomeLossPreferredUnitHolders $7.08M USD 1 Quarter
General partner interest in net income (Loss) NetIncomeLossAllocatedToGeneralPartners $-71.00K USD 1 Quarter
General partner interest in net income (Loss) NetIncomeLossAllocatedToGeneralPartners $-1.24M USD 1 Quarter
Limited partners' interest in net income (loss) attributable to Crosstex Energy, L.P. NetIncomeLossAllocatedToLimitedPartners $-11.79M USD 1 Quarter
Limited partners' interest in net income (loss) attributable to Crosstex Energy, L.P. NetIncomeLossAllocatedToLimitedPartners $-1.80M USD 1 Quarter
Basic and diluted common units EarningsPerShareBasicAndDiluted $-0.15 USD 1 Quarter
Basic and diluted common units EarningsPerShareBasicAndDiluted $-0.03 USD 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-5.95M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $32.18M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $33.73M USD 1 Quarter
(Gain) loss on sale of property and other assets GainLossOnDispositionOfPropertyOthers $98.00K USD 1 Quarter
(Gain) loss on sale of property and other assets GainLossOnDispositionOfPropertyOthers $-11.00K USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-62.00K USD 1 Quarter
Deferred tax benefit DeferredIncomeTaxExpenseBenefit $-125.00K USD 1 Quarter
Non-cash stock-based compensation ShareBasedCompensation $5.05M USD 1 Quarter
Non-cash stock-based compensation ShareBasedCompensation $2.50M USD 1 Quarter
Non-cash portion of derivatives (gain) loss UnrealizedGainLossOnDerivativesAndCommodityContracts $-1.14M USD 1 Quarter
Non-cash portion of derivatives (gain) loss UnrealizedGainLossOnDerivativesAndCommodityContracts $643.00K USD 1 Quarter
Amortization of debt issue costs AmortizationOfFinancingCosts $1.25M USD 1 Quarter
Amortization of debt issue costs AmortizationOfFinancingCosts $1.51M USD 1 Quarter
Amortization of discount on notes AmortizationOfDebtDiscountPremium $474.00K USD 1 Quarter
Amortization of discount on notes AmortizationOfDebtDiscountPremium $474.00K USD 1 Quarter
Distribution of earnings from limited liability company EquityMethodInvestmentDividendsOrDistributions - USD 1 Quarter
Distribution of earnings from limited liability company EquityMethodInvestmentDividendsOrDistributions $3.33M USD 1 Quarter
Accounts receivable, accrued revenue and other IncreaseDecreaseInAccountsReceivable $-11.58M USD 1 Quarter
Accounts receivable, accrued revenue and other IncreaseDecreaseInAccountsReceivable $-34.82M USD 1 Quarter
Natural gas and natural gas liquids, prepaid expenses and other IncreaseDecreaseInNaturalGasAndNaturalGasLiquidsPrepaidExpensesAndOther $5.82M USD 1 Quarter
Natural gas and natural gas liquids, prepaid expenses and other IncreaseDecreaseInNaturalGasAndNaturalGasLiquidsPrepaidExpensesAndOther $2.41M USD 1 Quarter
Accounts payable, accrued gas and crude oil purchases and other accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-57.88M USD 1 Quarter
Accounts payable, accrued gas and crude oil purchases and other accrued liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $-37.11M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $11.38M USD 1 Quarter
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $9.51M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $36.27M USD 1 Quarter
Additions to property and equipment PaymentsToAcquirePropertyPlantAndEquipment $110.23M USD 1 Quarter
Proceeds from sale of property ProceedsFromSaleOfPropertyPlantAndEquipment $121.00K USD 1 Quarter
Proceeds from sale of property ProceedsFromSaleOfPropertyPlantAndEquipment $18.00M USD 1 Quarter
Investment in limited liability company PaymentsToAcquireEquityMethodInvestments $12.98M USD 1 Quarter
Investment in limited liability company PaymentsToAcquireEquityMethodInvestments $4.86M USD 1 Quarter
Distribution from limited liability company ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital - USD 1 Quarter
Distribution from limited liability company ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital $1.19M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-41.01M USD 1 Quarter
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-104.02M USD 1 Quarter
Proceeds from borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $169.00M USD 1 Quarter
Proceeds from borrowings ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet $55.50M USD 1 Quarter
Payments on borrowings RepaymentsOfLongTermDebt $114.50M USD 1 Quarter
Payments on borrowings RepaymentsOfLongTermDebt $115.00M USD 1 Quarter
Payments on capital lease obligations RepaymentsOfLongTermCapitalLeaseObligations $762.00K USD 1 Quarter
Payments on capital lease obligations RepaymentsOfLongTermCapitalLeaseObligations $801.00K USD 1 Quarter
Decrease in drafts payable ProceedsFromRepaymentsOfBankOverdrafts $-2.65M USD 1 Quarter
Decrease in drafts payable ProceedsFromRepaymentsOfBankOverdrafts $-1.16M USD 1 Quarter
Debt refinancing costs PaymentsOfDebtIssuanceCosts $1.54M USD 1 Quarter
Debt refinancing costs PaymentsOfDebtIssuanceCosts $1.24M USD 1 Quarter
Conversion of restricted units for common units, net of units withheld for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.26M USD 1 Quarter
Conversion of restricted units for common units, net of units withheld for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $980.00K USD 1 Quarter
Issuance of common units ProceedsFromIssuanceOfCommonLimitedPartnersUnits - USD 1 Quarter
Issuance of common units ProceedsFromIssuanceOfCommonLimitedPartnersUnits $185.53M USD 1 Quarter
Distribution to partners PaymentsOfCapitalDistribution $22.51M USD 1 Quarter
Distribution to partners PaymentsOfCapitalDistribution $27.71M USD 1 Quarter
Proceeds from exercise of unit options ProceedsFromStockOptionsExercised $178.00K USD 1 Quarter
Proceeds from exercise of unit options ProceedsFromStockOptionsExercised $371.00K USD 1 Quarter
Contributions from general partner ProceedsFromPartnershipContribution - USD 1 Quarter
Contributions from general partner ProceedsFromPartnershipContribution $80.00K USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $94.44M USD 1 Quarter
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $26.11M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-3.51M USD 1 Quarter
Net decrease in cash and cash equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-82.00K USD 1 Quarter
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $42.00K USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $124.00K USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $20.63M USD Point-in-time
Cash and cash equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $24.14M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $42.00K USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $124.00K USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $20.63M USD Point-in-time
Cash and cash equivalents, end of period CashAndCashEquivalentsAtCarryingValue $24.14M USD Point-in-time
Cash paid for interest InterestPaid $34.18M USD 1 Quarter
Cash paid for interest InterestPaid $33.73M USD 1 Quarter
Cash refund for income taxes IncomeTaxesPaid - USD 1 Quarter
Cash refund for income taxes IncomeTaxesPaid $70.00K USD 1 Quarter
Stockholders Equity 16 line items
Line Item Tag Value Unit Period
Balance PartnersCapital $1.01B USD Point-in-time
Balance PartnersCapital $1.16B USD Point-in-time
Issuance of common units StockIssuedDuringPeriodValueNewIssues $185.53M USD 1 Quarter
Proceeds from exercise of unit options PartnersCapitalAccountOptionExercise $371.00K USD 1 Quarter
Conversion of restricted units for common units, net of units withheld for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $1.26M USD 1 Quarter
Conversion of restricted units for common units, net of units withheld for taxes PaymentsRelatedToTaxWithholdingForShareBasedCompensation $980.00K USD 1 Quarter
Stock-based compensation PartnersCapitalAccountUnitBasedCompensation $5.05M USD 1 Quarter
Distribution PartnersCapitalAccountDistributions $27.71M USD 1 Quarter
Net income (loss) ProfitLoss $-5.95M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Hedging (gain) losses reclassified to earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $354.00K USD 1 Quarter
Hedging (gain) losses reclassified to earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $-259.00K USD 1 Quarter
Adjustment in fair value of derivatives OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $132.00K USD 1 Quarter
Adjustment in fair value of derivatives OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-39.00K USD 1 Quarter
Balance PartnersCapital $1.01B USD Point-in-time
Balance PartnersCapital $1.16B USD Point-in-time
Comprehensive Income 12 line items
Line Item Tag Value Unit Period
Net income (loss) ProfitLoss $-5.95M USD 1 Quarter
Net income (loss) ProfitLoss $2.94M USD 1 Quarter
Hedging (gain) losses reclassified to earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $354.00K USD 1 Quarter
Hedging (gain) losses reclassified to earnings OtherComprehensiveIncomeLossReclassificationAdjustmentOnDerivativesIncludedInNetIncomeBeforeTax $-259.00K USD 1 Quarter
Adjustment in fair value of derivatives OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $132.00K USD 1 Quarter
Adjustment in fair value of derivatives OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax $-39.00K USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $3.26M USD 1 Quarter
Comprehensive income (loss) ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest $-6.08M USD 1 Quarter
Comprehensive loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest - USD 1 Quarter
Comprehensive loss attributable to non-controlling interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest $-38.00K USD 1 Quarter
Comprehensive income (loss) attributable to Crosstex Energy, L.P. ComprehensiveIncomeNetOfTax $-6.08M USD 1 Quarter
Comprehensive income (loss) attributable to Crosstex Energy, L.P. ComprehensiveIncomeNetOfTax $3.29M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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