Welcome to our dedicated page for Enlink Midstream news (Ticker: ENLC), a resource for investors and traders seeking the latest updates and insights on Enlink Midstream stock.
This page provides a curated feed of news and disclosures related to EnLink Midstream, LLC (ENLC), a Dallas-headquartered midstream energy company that provides integrated infrastructure services for natural gas, crude oil, NGLs, and CO2 transportation for carbon capture and sequestration (CCS). Company and partner releases highlight EnLink’s activities across its major operating areas in the Permian Basin, Louisiana, Oklahoma, and North Texas.
News items for ENLC commonly include transaction and corporate structure updates, such as ONEOK, Inc.’s agreement to acquire all remaining publicly held EnLink common units and the subsequent unitholder approval of that transaction. Index provider announcements have also referenced EnLink’s removal from certain pipeline and decarbonization infrastructure indices as a result of the acquisition process.
Operational updates feature segment performance and volume trends in natural gas gathering and processing, crude gathering, NGL fractionation, and natural gas transportation. EnLink’s quarterly results coverage discusses segment profit, adjusted EBITDA, free cash flow after distributions, and contract activity, including long-term transportation capacity delivering natural gas to end users in Louisiana.
Because ONEOK is the managing member of EnLink and has moved to acquire the remaining public units, ENLC-related news increasingly appears in joint releases with ONEOK. Visitors can use this news stream to follow developments in EnLink’s midstream operations, its role within ONEOK’s broader energy infrastructure portfolio, and historical milestones affecting the ENLC ticker. Bookmark this page to access an organized archive of ENLC news, from financial updates to major corporate actions.
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EnLink Midstream declared a cash distribution of $0.125 per common unit for Q1 2023, unchanged from the previous quarter. This distribution will be paid on May 12, 2023, to unitholders on record as of April 28, 2023. The company will also hold a webcast and conference call on May 3, 2023, at 8 a.m. Central time, to discuss its earnings for the first quarter. The quarterly report and earnings press release will be available after market close on May 2, 2023. EnLink Midstream is committed to operational excellence and financial flexibility, focusing on natural gas and other midstream services across key U.S. production basins.
On March 30, 2023, EnLink Midstream announced the pricing of $300 million in additional 6.500% senior notes due 2030, priced at 99.000% of face value. This offering adds to the existing $700 million of the same series issued on August 31, 2022. The additional notes will share the same indenture and terms as the initial notes and are guaranteed by EnLink Midstream Partners, LP. Proceeds will be used to repay existing borrowings under its revolving credit facility. The offering is limited to qualified institutional buyers in accordance with Rule 144A and not registered under the Securities Act.