Citigroup reiterated coverage on EnLink Midstream with a new price target
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Natural Gas Distribution
Utilities
Citigroup reiterated coverage of EnLink Midstream with a rating of Buy and set a new price target of $16.00 from $13.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
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
JP Morgan analyst Jeremy Tonet maintains EnLink Midstream (NYSE:ENLC) with a Neutral and raises the price target from $14 to $15.
Wells Fargo analyst Praneeth Satish upgrades EnLink Midstream (NYSE:ENLC) from Equal-Weight to Overweight and raises the price target from $13 to $17.
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
DALLAS, Oct. 22, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE:ENLC) (EnLink) today announced that it will issue its third quarter earnings press release and post an investor presentation on its website at Investors.EnLink.com after market close on Wednesday, November 6, 2024. The company will not hold a conference call. All dates and times are subject to change. About EnLink MidstreamHeadquartered in Dallas, EnLink Midstream (NYSE:ENLC) provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation fo
TULSA, Okla., Oct. 16, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE:OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share. The dividend is payable Nov. 14, 2024, to shareholders of record at the close of business Nov. 1, 2024. 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 storage services. Through our more than 50,000-mile pipeline network, we transport the natural gas, natural gas liquids (NGLs), refined products and crud
3 - EnLink Midstream, LLC (0001592000) (Issuer)
3 - EnLink Midstream, LLC (0001592000) (Issuer)
3 - EnLink Midstream, LLC (0001592000) (Issuer)
8-K - EnLink Midstream, LLC (0001592000) (Filer)
8-K - EnLink Midstream, LLC (0001592000) (Filer)
SD - EnLink Midstream, LLC (0001592000) (Filer)
SC 13D/A - EnLink Midstream, LLC (0001592000) (Subject)
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SC 13G/A - EnLink Midstream, LLC (0001592000) (Subject)
HOUSTON, April 07, 2022 (GLOBE NEWSWIRE) -- Amplify Energy Corp. ("Amplify" or the "Company") (NYSE:AMPY) announced the appointment today of Deborah ("Debbie") G. Adams and Eric T. Greager to the Amplify Board of Directors ("Board"). Ms. Adams and Mr. Greager join the Board following a comprehensive process, conducted with the assistance of a nationally recognized board recruitment firm, to complement the Board's existing credentials and qualifications. Ms. Adams was most recently the Senior Vice President of Health, Safety, and Environmental ("HSE"), Projects and Procurement at Phillips 66, where she oversaw all regulatory affairs and processes. Mr. Greager is the former President, Chie
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). ENLC) (EnLink) announced today the appointment of Tiffany (TJ) Thom Cepak to its Board of Directors." alt="EnLink Midstream, LLC (NYSE:ENLC) (EnLink) announced today the appointment of Tiffany (TJ) Thom Cepak to its Board of Directors."> "We are pleased to welcome TJ to the EnLink Board," said Barry E. Davis, EnLink Chairman and Chief Executive Officer. "Her extensive experience in the oil and gas industr
DALLAS, Dec. 23, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the appointment of two new directors to its Board of Directors, one from Global Infrastructure Partners (GIP) and one from TPG Capital (TPG). The new directors replace existing directors from each firm on EnLink's Board. EnLink has appointed Richard P. Schifter and Scott E. Telesz to the company's Board. Richard Schifter will serve on the Board as a designee of an affiliate of TPG under a previously disclosed Board Representation Agreement and will replace Christopher Ortega, the previous TPG designee. Scott Telesz, who is an Operating Partner at GIP, will replace William A. Woodburn, a Part
Mizuho resumed coverage of EnLink Midstream with a rating of Neutral and set a new price target of $15.00
UBS downgraded EnLink Midstream from Buy to Neutral and set a new price target of $16.00
Morgan Stanley downgraded EnLink Midstream from Overweight to Equal-Weight and set a new price target of $16.00