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 Q2 2021

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EnLink Midstream reports 6% growth in Q1 2023 EBITDA

EnLink Midstream delivered solid Q1 2023 results, with a focus on operational performance and growth prospects in the Permian segment and Louisiana. Despite challenges from adverse weather impacts, the company remains well-positioned for continued success and expects momentum to continue for the rest of the year. The company's strategic focus on low carbon manufacturing and industrial developments presents significant opportunities for future growth.

EnLink Midstream reports record adjusted EBITDA and pursues CO2 reduction initiatives

EnLink Midstream's Q2 2023 performance reflects strong growth in adjusted EBITDA and free cash flow generation, underpinning the company's position for sustainable growth. While maintaining a robust distribution and executing strategic CO2 transportation agreements, EnLink faces the challenge of managing capital expenditures and credit ratings amidst evolving market conditions. However, the company's focus on reducing CO2 emissions and positive outlook at S&P present opportunities for future growth and alignment with sustainability trends.

EnLink Midstream reports record Q3 adjusted EBITDA, eyes energy transformation

EnLink Midstream's Q3 2023 earnings call showcased record adjusted EBITDA, solid financial performance across segments, and a focus on capitalizing on growth opportunities in the energy sector. The company faces inquiries about future growth expectations and strategic planning, but remains optimistic about its position and prospects.

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.

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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.

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EnLink Midstream is another midstream company that is performing well thanks to the new shale revolution taking place in North America, yet its share price is still substantially off of its all-time highs.

EnLink Is Going To $14

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News for EnLink Midstream Stock (ENLC)