PennTex Midstream Partners, LP PTXP NASDAQ

PennTex Midstream Partners, LP (PTXP) generated $56.57M in operating cash flow for fiscal year 2016. After capital expenditures of $16.19M, free cash flow was $40.38M.

Free cash flow margin was 52.2% of revenue. Cash conversion ratio was -274.59x, suggesting some earnings are non-cash.

The company returned $8.44M in share buybacks to shareholders during the period.

Criteria supported by this page:

• HEALTH (50/100, Partial) — cash generation is adequate but may not fully cover debt in stressed conditions
• MOAT (41/100, Fail) — limited free cash flow weakens the competitive position
• INCOME (10/100) — Cash conversion ratio was -274.59x suggests some earnings are non-cash items

Overall SharesGrow Score: 39/100 with 0/7 criteria passed.