EnLink Midstream

EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, North Texas, Oklahoma, Louisiana, and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity, and general corporate assets and expenses. The company was founded in October 2013 and is headquartered in Dallas, TX.

Earnings data Q1 2021

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

EnLink Midstream reports record earnings, eyes growth in CCS market

EnLink Midstream delivered robust financial results in 2022, with a positive outlook for 2023. The company's focus on high-return projects, balance sheet strength, and strategic investments position it well for future growth.

EnLink Midstream reports resilient Q1 performance amidst operational challenges

EnLink Midstream's Q1 2023 performance showcased resilience and adaptability in the face of challenges, with segment profits reflecting growth and strategic focus.
Despite external factors impacting operations, EnLink's commitment to high-return projects, emission reduction, and financial strength underpins its sustainable growth trajectory.
The company's outlook for 2023 and beyond remains optimistic, emphasizing growth prospects, sustainability initiatives, and value creation for stakeholders.

EnLink Midstream exceeds Q2 earnings, poised for sustainable growth

EnLink Midstream delivered solid financial performance, showcasing growth and sustainability initiatives. With a strong financial position and strategic partnerships, they are well-positioned for future opportunities.

EnLink Midstream reports robust Q3 earnings, eyes global gas demand

EnLink Midstream's Q3 performance reflects resilience and strategic focus on sustainable energy solutions.
Balancing operational efficiency, growth initiatives, and shareholder returns are key priorities for EnLink.
The company's commitment to EBITDA guidance, unit repurchases, and sustainability underscores a solid foundation for future growth.

EnLink Midstream reports solid Q4 results and focuses on growth

EnLink Midstream's Q4 2023 performance reflects steady growth in adjusted EBITDA and free cash flow, supported by strategic capital allocation and operational efficiency.
Despite facing challenges from potential impacts of asset sales and contract resets, EnLink remains focused on shareholder value, sustainable growth, and energy transition initiatives.
The company's strong performance in key segments, coupled with a commitment to returning capital to investors and pursuing growth opportunities, positions EnLink for continued success in 2024.

EnLink Midstream reports robust Q1 performance and growth opportunities

ENLC's Q1 2024 earnings call highlighted strong financial performance, strategic confidence, and operational efficiencies. The company is on track to meet adjusted EBITDA guidance for 2024, emphasizing shareholder value and growth opportunities.

EnLink Midstream reports robust Q2 performance and explores growth opportunities

EnLink Midstream's Q2 2024 performance reflects operational strength, financial discipline, and strategic partnerships driving growth across key segments.
While challenges like reassessing the CCS project and market uncertainties exist, EnLink's focus on opportunities in Louisiana and operational efficiency bode well for future prospects.
Overall, EnLink's performance, strengths, and proactive approach to challenges position the company for sustainable growth and value creation in the midstream sector.

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EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity, and general corporate assets and expenses. The company was founded in October 2013 and is headquartered in Dallas, TX.

DALLAS, Nov. 16, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that members of its senior management team are scheduled to meet with investors at the following upcoming virtual conferences: RBC Capital Markets Midstream and Energy Infrastructure...

EnLink Midstream to Participate in Investor Conferences

EnLink Midstream has been severely punished by the market due to two distribution cuts and the overall troubles facing the industry. The company has taken a number of steps that it needs to in order to preserve itself.

EnLink Midstream: This 12% Yielder Is Looking Attractive

EnLink Midstream's (ENLC) CEO Barry Davis on Q3 2020 Results - Earnings Call Transcript

The energy company continues to pleasantly surprise investors.

Why Units of EnLink Midstream Are Surging Today

DALLAS, Nov. 4, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the third quarter of 2020 and announced a $100 million common unit repurchase program. Highlights Reported net income of $39.2 million and net cash provided by operating...

EnLink Midstream Reports Third Quarter 2020 Results and Announces $100 Million Common Unit Repurchase Program

This master limited partnership (MLP) continues to make progress on its financial improvement plan.

Why Units of EnLink Midstream Are Soaring Today

DALLAS, Oct. 22, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that one of its subsidiaries has entered into an agreement with PNC Bank for a three-year $250 million accounts receivable financing facility ("the Facility"). Proceeds from the Facility are...

EnLink Midstream Enhances Financial Flexibility with New Accounts Receivable Securitization Facility

DALLAS, Oct. 19, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that its Board of Directors declared a cash distribution of $0.09375 per common unit for the third quarter of 2020, which is unchanged from the second quarter 2020 distribution. The third...

EnLink Midstream Declares Third Quarter 2020 Distribution

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DALLAS, Sept. 24, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) will host a webcast and conference call on Thursday, November 5, at 8 a.m. Central time to discuss third quarter 2020 financial and operational results. The dial-in number for the earnings call is...

EnLink Midstream Schedules November 5 Conference Call to Discuss Third Quarter 2020 Earnings

EnLink Midstream's 15% Dividend Yield, Whether There's A Catch

DALLAS, Sept. 1, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that representatives of EnLink, including Barry Davis, Chairman and Chief Executive Officer, and Pablo Mercado, Chief Financial Officer, will attend and meet virtually with investors at the.

EnLink Midstream to Participate in Investor Conference

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7 Penny Stocks Under $4 Worth a Look

DALLAS, Aug. 28, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported today that storm-related impacts from Hurricane Laura on EnLink's assets, finances and operations are not expected to be significant, and, most importantly all employees are safe and accounted for.

EnLink Midstream Provides Business Update on Hurricane Laura Impact

Enlink Preferred: A Solid 15.3% Yielder That Most Income Investors Have Never Even Heard Of

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EnLink Midstream, LLC (ENLC) CEO Barry Davis on Q2 2020 Earnings Call Transcript

The midstream company delivered solid results despite the turmoil in the energy market.

Why Units of EnLink Midstream Are Skyrocketing Today

DALLAS, Aug. 4, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the second quarter of 2020 and updated 2020 guidance metrics.

EnLink Midstream Reports Second Quarter 2020 Results and Updates 2020 Guidance

EnLink Midstream (NYSE: ENLC) releases its next round of earnings this Tuesday, August 04.

Earnings Outlook for EnLink Midstream

EnLink Midstream (ENLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate EnLink Midstream (ENLC) to Report a Decline in Earnings: What to Look Out for

DALLAS, July 20, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that its Board of Directors declared a cash distribution of $0.09375 per common unit for the second quarter of 2020, which is unchanged from the first quarter 2020 distribution. The second.

EnLink Midstream Declares Second Quarter 2020 Distribution

DALLAS, July 15, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) will host a webcast and conference call on Wednesday, August 5, at 8 a.m. Central time to discuss second quarter 2020 financial and operational results. The dial-in number for the earnings call is...

EnLink Midstream Schedules August 5 Conference Call to Discuss Second Quarter 2020 Earnings

DALLAS, July 13, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today the appointment of Pablo G. Mercado as its new Executive Vice President and Chief Financial Officer and a member of EnLink's Executive Leadership Team, effective immediately. "I'm excited to...

News for EnLink Midstream Stock (ENLC)