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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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.

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DALLAS , May 3, 2022 /PRNewswire/ -- EnLink Midstream Operating, LP (EnLink), a subsidiary of EnLink Midstream, LLC (NYSE: ENLC), and Oxy Low Carbon Ventures, LLC (OLCV), a subsidiary of Occidental (NYSE: OXY), today announced they have executed a letter of intent for a Transportation Services Agreement (TSA). Under the terms, EnLink would provide CO2 transportation services for OLCV along the Mississippi River corridor from Waggaman to Baton Rouge in Louisiana.

EnLink Midstream and Oxy Low Carbon Ventures Sign Letter of Intent for Mississippi River CO2 Transportation Services Agreement

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EnLink Midstream operates in many basins that other midstream firms do not, which could give the company a competitive advantage. The company enjoys remarkably stable cash flows over time due to its business model that has very little exposure to commodity prices.

EnLink Midstream: Strong FCF And Positioned For Growth

DALLAS , April 19, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the first quarter of 2022 and announced it will host a webcast and conference call on Wednesday, May 4, at 8 a.m. Central time to discuss its first quarter 2022 earnings.

EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2022 Earnings

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Income Opportunities: Midstream Dividends Trending in the Right Direction

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Summary Midstream companies can use their existing assets and expertise to participate in opportunities related to responsibly sourced gas and carbon capture and sequestration. Midstream's expertise makes it an ideal partner for transporting captured carbon dioxide.

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EnLink Midstream (ENLC) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

How EnLink Midstream (ENLC) Stock Stands Out in a Strong Industry

DALLAS, March 31, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) has expanded its Carbon Solutions Group with the hiring of Robert "Bob" Purgason, a seasoned energy expert and prior executive of EnLink Midstream's predecessor, Crosstex Energy. Purgason will lead EnLink's Carbon Solutions Group as Managing Director of Carbon Solutions.

Robert S. Purgason Joins EnLink to Lead Carbon Solutions Group

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Enlink is guiding towards record net EBITDA in 2022, and barring a larger market swoon, the unit price is on pace to continue climbing in 2022.

Enlink Midstream Outpaces The Market To Start The Year

DALLAS, Feb. 16, 2022  /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, 2021, with the Securities and Exchange Commission. A copy of the 10-K may be found on EnLink's website at www.EnLink.com by clicking the "Investors" tab, then "Financial Information," and then "Annual Reports.

EnLink Midstream Files 2021 Annual Report

EnLink Midstream, LLC (ENLC) CEO Barry Davis on Q4 2021 Results - Earnings Call Transcript

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 83.33% and 19.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream (ENLC) Surpasses Q4 Earnings and Revenue Estimates

DALLAS, Feb. 15, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the fourth quarter and full-year 2021 and provided 2022 financial guidance. Highlights Reported net income of $88.6 million and $142.9 million for the fourth quarter of 2021 and full-year 2021, respectively, and net cash provided by operations of $258.1 million and $857.3 million for the fourth quarter and full-year 2021, respectively.

EnLink Midstream Reports Fourth Quarter and Full-Year 2021 Results, Provides 2022 Financial Guidance

HOUSTON, Feb. 15, 2022 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO) ("Talos" or the "Company") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") announced today that they have executed a memorandum of understanding to jointly develop a complete CO2 capture, transportation and sequestration solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge, which is one of the largest concentrated sources of CO2 emissions in the United States, and will utilize significant portions of EnLink's existing regional pipeline infrastructure of approximately 4,000 miles in Louisiana and Talos's recently-acquired River Bend CCS site in east Louisiana, as announced today in a separate press release, which includes approximately 26,000 acres of pore space and provides sequestration capacity of over 500 million metric tonnes in the area.

Talos Energy and EnLink Midstream Announce Complete Carbon Capture, Transportation and Sequestration Services Solution

DALLAS, Feb. 15, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) and Talos Energy Inc. (NYSE: TALO) announced today that they have executed a memorandum of understanding to jointly develop a complete carbon capture, transportation, and sequestration (CCS) solution for industrial-scale emitters in Louisiana. The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge, which is one of the largest concentrated sources of carbon dioxide (CO2) emissions in the United States, and will utilize significant portions of EnLink's existing regional pipeline infrastructure of approximately 4,000 miles in Louisiana and Talos's recently acquired River Bend CCS site in east Louisiana, which includes approximately 26,000 acres of pore space and provides sequestration capacity of over 500 million metric tonnes in the area.

EnLink Midstream and Talos Energy Announce Complete Carbon Capture, Transportation, and Sequestration Services Solution

DALLAS, Jan. 18, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the fourth quarter of 2021, reflecting a previously announced 20% increase, and further announced that it will host a webcast and conference call on Wednesday, February 16, at 8 a.m. Central time to discuss its fourth quarter and full-year 2021 earnings, along with 2022 financial guidance.

EnLink Midstream Declares an Increased Quarterly Distribution and Schedules Call to Discuss Fourth Quarter and Full-Year 2021 Earnings, along with 2022 Financial Guidance

Despite a fierce run higher in 2021, ENLC shares remain cheap.

EnLink Midstream Shares Continue To Offer Huge Upside

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DALLAS, Dec. 20, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today the appointment of Tiffany (TJ) Thom Cepak to its Board of Directors (Board). "We are pleased to welcome TJ to the EnLink Board," said Barry E.

EnLink Midstream Appoints New Director to Board

DALLAS, Dec. 20, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that it intends to increase its quarterly distribution, beginning with the fourth quarter of 2021, and provided an update on common and preferred unit repurchases. "As a result of our team's relentless execution and discipline, EnLink has generated very robust free cash flow over the last couple of years," said EnLink Chairman and CEO Barry E.

EnLink Midstream Announces Intent to Increase Quarterly Distribution, Provides an Update on Common and Preferred Unit Repurchases

EnLink Midstream had a bumpy start to 2021 but when looking ahead, they have all the ingredients for higher distributions in 2022.

EnLink Midstream: All The Ingredients For Higher Distributions In 2022

EnLink Midstream, LLC (ENLC) CEO Barry Davis on Q3 2021 Results - Earnings Call Transcript

EnLink Midstream (ENLC) delivered earnings and revenue surprises of -100.00% and 19.01%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for EnLink Midstream Stock (ENLC)