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

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Earnings data Q1 2023

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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 , March 30, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced its intention, subject to market conditions, to commence an offering of $300.0 million aggregate principal amount of its 6.500% senior notes due 2030 (the Additional Notes). The Additional Notes are being offered as an additional issue of EnLink's existing $700.0 million aggregate principal amount of 6.500% senior notes due 2030 that EnLink issued on August 31, 2022 (the Initial Notes).

EnLink Midstream Announces Proposed Offering of Additional Senior Notes Due 2030

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Given the current uncertainty, I believe high-quality, favorably valued, and low-risk investments warrant increased attention. Some midstream energy companies boast durable revenue, profitability, and well-supported high dividend yields.

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Public and private producers are parting ways in the Permian Basin. Led by Exxon Mobil, public companies have been steadily adding rigs in.

Midstream Caught In Middle Of Permian Producer Split

DALLAS , March 15, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) today announced that Matthew C. Harris, a Founding Partner of Global Infrastructure Partners (GIP), will be appointed as Chairman of its Board of Directors (Board).

EnLink Midstream Announces Changes to Its Board of Directors

EnLink reported record profits in 2022, up 22% YoY led by massive growth in the Permian and higher natural gas prices. EBITDA will grow to $1355MM in 2023, but much of that growth will be consumed by higher expenses.

EnLink: Buy The Dip

EnLink Midstream, LLC recently lifted their dividend circa 11% higher. They also posted impressive cash flow performance during 2022 that built upon their already very strong results from 2021.

EnLink Midstream: Buy Their 4% Yield, Line Up A Potential 8%+

DALLAS , Feb. 15, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the Securities and Exchange Commission. A copy of the 10-K may be found on EnLink's Investors website at http://investors.enlink.com by clicking "SEC Filings" and then "Annual Reports.

EnLink Midstream Files 2022 Annual Report

DENVER , Feb. 15, 2023 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its fourth quarter 2022 financial and operational results and 2023 capital budget and guidance. The relevant consolidated financial statements are included in Antero Midstream's Annual Report on Form 10-K for the year ended December 31, 2022.

Antero Midstream Announces Fourth Quarter 2022 Results and 2023 Capital Budget and Guidance

EnLink Midstream, LLC (NYSE:ENLC ) Q4 2022 Earnings Conference Call February 15, 2023 9:00 AM ET Company Participants Brian Brungardt - Director, IR Jesse Arenivas - CEO Ben Lamb - EVP & CFO Walter Pinto - EVP & COO Conference Call Participants Colton Bean - Tudor Pickering Holt Christopher Jeffrey - Mizuho Michael Cusimano - Pickering Energy Partners Spiro Dounis - Citi Rahul Krotthapalli - JP Morgan Sunil Sibal - Seaport Global Operator Greetings. Welcome to the Fourth Quarter 2022 EnLink Midstream Earnings Conference Call and Webcast.

EnLink Midstream, LLC (ENLC) Q4 2022 Earnings Call Transcript

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 73.68% and 27.45%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream (ENLC) Q4 Earnings Beat Estimates

DALLAS , Feb. 14, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the fourth quarter and full-year 2022 and provided 2023 financial guidance. Highlights Reported record net income of $194.2 million and $500.7 million for the fourth quarter of 2022 and full-year 2022, respectively, and net cash provided by operations of $223.4 million and $1.049 billion for the fourth quarter and full-year 2022, respectively.

EnLink Midstream Reports Record Financial Results, Provides 2023 Financial Guidance

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.

EnLink Midstream (ENLC) Reports Next Week: Wall Street Expects Earnings Growth

If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, EnLink Midstream (ENLC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.

EnLink Midstream (ENLC) Shows Fast-paced Momentum But Is Still a Bargain Stock

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It was a flat week for energy income equities where gainers and decliners were roughly equal. Natural gas-weighted names were weak in response to the 7% decline in natural gas prices.

Energy Income Weekly: Commodity Price Declines Fail To Dent Midstream Cash Flows

EnLink Midstream (ENLC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Why EnLink Midstream (ENLC) is Poised to Beat Earnings Estimates Again

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Commodity-exposed energy names significantly outperformed during the week. Various names have either broken out or are on the verge of breaking out to 52-week highs.

Energy Income Weekly: A Surging WTI Fuels The Risk-On Trade

DALLAS , Jan. 18, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the fourth quarter of 2022, reflecting an increase of approximately 11% from the third quarter 2022 distribution, and further announced that it will host a webcast and conference call on Wednesday, February 15, at 8 a.m. Central time to discuss its fourth quarter and full-year 2022 earnings, along with 2023 financial guidance.

EnLink Midstream Declares Increased Quarterly Distribution, Schedules Quarterly and Year-End Earnings and 2023 Guidance Call

EnLink Midstream (ENLC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

EnLink Midstream, LLC (ENLC) Hit a 52 Week High, Can the Run Continue?

Does EnLink Midstream (ENLC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are You Looking for a Top Momentum Pick? Why EnLink Midstream (ENLC) is a Great Choice

EnLink Midstream (ENLC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.

Here Is Why Bargain Hunters Would Love Fast-paced Mover EnLink Midstream (ENLC)

EnLink Midstream (ENLC) closed the most recent trading day at $11.95, making no change from the previous trading session.

EnLink Midstream (ENLC) Flat As Market Gains: What You Should Know

EnLink reported another record quarterly EBITDA of $343.3MM in Q3. All segments are growing.

EnLink Midstream: Set To Grow In 2023

EnLink Midstream (ENLC) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.

Investors Heavily Search EnLink Midstream, LLC (ENLC): Here is What You Need to Know

Benjamin D. Lamb Named Executive Vice President and Chief Financial Officer Walter Pinto Appointed to Executive Vice President and Chief Operating Officer DALLAS , Nov. 28, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that the EnLink Board of Directors (Board) have appointed Benjamin D.

EnLink Midstream Announces Executive Leadership Changes

EnLink Midstream (ENLC) is a Great Momentum Stock: Should You Buy?

News for EnLink Midstream Stock (ENLC)