EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, North Texas, Oklahoma, Louisiana, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network includes approximately 11,900 miles of pipelines; 22 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.
IPO Year:
Exchange: NYSE
Website: enlink.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 11/8/2024 | Outperform → Mkt Perform | Raymond James | |
| 10/31/2024 | $15.00 | Neutral | Mizuho |
| 9/30/2024 | $16.00 | Buy → Neutral | UBS |
| 9/16/2024 | $16.00 | Overweight → Equal-Weight | Morgan Stanley |
| 9/3/2024 | $16.00 | Overweight → Equal Weight | CapitalOne |
| 8/30/2024 | $15.00 | Buy → Hold | Stifel |
| 8/30/2024 | $16.00 → $15.00 | Overweight → Equal Weight | Wells Fargo |
| 8/16/2024 | $15.00 | Hold → Buy | Tudor, Pickering, Holt & Co. |
| 7/8/2024 | $13.00 → $17.00 | Equal Weight → Overweight | Wells Fargo |
| 4/16/2024 | $13.00 → $16.00 | Buy | Citigroup |
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
4 - EnLink Midstream, LLC (0001592000) (Issuer)
BKV Corporation ("BKV" or the "Company") (NYSE:BKV) today announced it has appointed Dilanka Seimon as Chief Commercial Officer, effective immediately. In this newly created role, Seimon will be responsible for strengthening the Company's commercial midstream, gas marketing and new products teams, leveraging its carbon capture, utilization and sequestration ("CCUS") portfolio and strong tailwinds in power demand. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250403757013/en/BKV Appoints Dilanka Seimon as Company's First Chief Commercial Officer A seasoned global energy executive with over 20 years of expertise across the energy
Transaction Expected to Close on Jan. 31, 2025 TULSA, Okla., Jan. 30, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE:ENLC) ("EnLink") today announced that EnLink unitholders approved ONEOK's previously announced acquisition of the remaining publicly held common units of EnLink. According to preliminary results of the EnLink Special Meeting of Unitholders, approximately 99.8% of the common units voted, or 379.1 million units, were cast in favor of the transaction, resulting in 82.9% of outstanding units voting in favor. EnLink will disclose the final vote results of its Special Meeting on a Form 8-K filed with the U.S. Securities and Exchange Commission
TULSA, Okla., Jan. 22, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE:ENLC) ("EnLink") today announced that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis), have recommended that EnLink unitholders vote in favor of ONEOK's pending acquisition of the remaining publicly held common units of EnLink at the upcoming Special Meeting of EnLink Unitholders (the "Special Meeting"). The Special Meeting is scheduled to take place at 10 a.m. Central Time (11 a.m. Eastern Time) on Jan. 30, 2025, and will be held virtually. The EnLink Board of Directors and the Conflicts Committee of
Special Meeting of EnLink Unitholders Set for Jan. 30, 2025 EnLink's Board of Directors Recommends Unitholders Vote "FOR" All Proposals at the Special Meeting ONEOK Will Vote its EnLink Units "FOR" All Proposals TULSA, Okla., Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE:ENLC) ("EnLink") today announced the filing of EnLink's definitive proxy materials with the U.S. Securities and Exchange Commission (the "SEC") in connection with ONEOK's pending acquisition of the remaining publicly held common units of EnLink. The EnLink Speci
Consideration of 0.1412 shares of ONEOK common stock for each outstanding publicly held EnLink common unit TULSA, Okla., Nov. 24, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE:ENLC) ("EnLink") today announced that they have executed a definitive merger agreement under which ONEOK will acquire all of the outstanding publicly held common units of EnLink for $4.3 billion in ONEOK common stock. Under the agreement, each outstanding common unit of EnLink that ONEOK does not already own will be converted into 0.1412 shares of ONEOK common sto
Assets to be Sold Include Guardian, Midwestern and Viking Gas Transmission TULSA, Okla., Nov. 19, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) ("ONEOK") today announced that it has executed a definitive agreement with DT Midstream, Inc. (NYSE:DTM) ("DT Midstream") under which ONEOK will sell its three wholly owned interstate natural gas pipeline systems for a total cash consideration of $1.2 billion subject to customary adjustments. Based on Federal Energy Regulatory Commission (FERC) filings, the purchase price represents 10.8 times previous 12 months EBITDA as of June 30, 2024. The transaction, unanimously approved by the boards of directors of both ONEOK and DT Midstream, is expected to c
TULSA, Okla., Nov. 12, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) will participate in the BofA Securities Global Energy Conference on Nov. 13, 2024, in Houston. Members of ONEOK's management team will participate in a fireside chat session at 2:20 p.m. Eastern Time (1:20 p.m. Central Time) on Wednesday, Nov. 13. The session will be webcast live on ONEOK's website at www.oneok.com. The webcast will also be available for replay. ONEOK's latest investor materials are available at www.oneok.com. At ONEOK (NYSE:OKE), we deliver energy products and services vital to an advancing world. We are a leading midstream operator that provides gathering, processing, fractionation, transportation and stor
DALLAS, Nov. 6, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE:ENLC) (EnLink) today reported financial results for the third quarter of 2024. Highlights Reported net income of $43.1 million and net cash provided by operating activities of $260.1 million for the third quarter of 2024.Generated adjusted EBITDA, net to EnLink, of $345.0 million for the third quarter of 2024.Delivered $122.4 million of free cash flow after distributions (FCFAD) for the third quarter of 2024.Repurchased approximately $45.4 million[1] of common units in the third quarter of 2024. EnLink has repurc
Completes Acquisition of the Largest Privately Held Crude Oil Gathering and Transportation System in the Permian's Midland Basin TULSA, Okla., Oct. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) today announced the successful completion of its acquisition of Medallion Midstream (Medallion) from Global Infrastructure Partners, for a total cash consideration of approximately $2.6 billion. "With the acquisition of Medallion, the largest privately held crude gathering and transportation system in the Permian's Midland Basin, we continue our demonstrated track record of intentional and disciplined growth," said Pierce H. Norton II, ONEOK president and chief executive officer. "This acquisition
Increases Financial Guidance for the Second Time in 2024 TULSA, Okla., Oct. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE:OKE) today announced higher third quarter 2024 results and provided 2024 financial guidance on a consolidated basis that includes contributions from EnLink Midstream (EnLink) and the pending Medallion Midstream (Medallion) acquisition. ONEOK also increased its 2024 financial guidance on a stand-alone basis to be comparable with the previous guidance provided on April 30, 2024. Third Quarter 2024 Results, Compared With Third Quarter 2023: Net income of $693 million, resulting in $1.18 per diluted share.Adjusted EBITDA of $1.55 billion.7% increase in Rocky Mountain region NGL