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

Earnings data Q4 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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.

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

Black Stone Minerals LP

Crestwood Equity Partners

Canadian Natural Resources

Enbridge

Enterprise Products Partners

Genesis Energy

Kinder Morgan

Cheniere Energy

Martin Midstream Partners

MPLX

ONEOK

Pembina Pipeline

TC Energy

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

Alerian MLP ETF

Delek Logistics Partners

Energy Transfer LP Unit

NGL Energy Partners

Tellurian

USD Partners

Viper Energy Partners LP

Energy Select Sector SPDR Fund

SPDR S&P Oil & Gas Exploration & Production ETF

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?

EnLink Midstream, LLC (ENLC) Hits Fresh High: Is There Still Room to Run?

Recently, Zacks.com users have been paying close attention to EnLink Midstream (ENLC). This makes it worthwhile to examine what the stock has in store.

Here is What to Know Beyond Why EnLink Midstream, LLC (ENLC) is a Trending Stock

Chegg

Dorian LPG

ENLC, LPG and CHGG made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 9, 2022.

Best Momentum Stocks to Buy for November 9th

Antero Midstream Partners

DCP Midstream

Plains All American Pipeline

Phillips 66

Western Gas Partners

These companies are working together to enhance their core strategies.

Why You Won't Want to Miss What's Happening With These High-Yield Dividend Stocks

EnLink Midstream (ENLC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Moving Higher for EnLink Midstream (ENLC): Time to Buy?

What Makes EnLink Midstream (ENLC) a Strong Momentum Stock: Buy Now?

EnLink Midstream, LLC (NYSE:ENLC ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Representatives Jesse Arenivas - Chief Executive Officer Ben Lamb - Executive Vice President, Chief Operating Officer Pablo Mercado - Executive Vice President, Chief Financial Officer Brian Brungardt - Investor Relations Director Conference Call Participants Gabriel Moreen - Mizuho Securities Michael Cusimano - Pickering Jeremy Tonet - JP Morgan Operator Good morning, and welcome to the EnLink Midstream, Third Quarter 2022 Earnings Call. All participants will be in listen-only mode.

EnLink Midstream, LLC (ENLC) Q3 2022 Earnings Call Transcript

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 63.64% and 29.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream (ENLC) Q3 Earnings and Revenues Surpass Estimates

DALLAS , Nov. 1, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported record financial results for the third quarter of 2022. Highlights Reported net income of $116.6 million, net cash provided by operating activities of $343.3 million, and adjusted EBITDA, net to EnLink, of $343.4 million for the third quarter of 2022.

EnLink Midstream Reports Record Third Quarter 2022 Results

News for EnLink Midstream Stock (ENLC)