EnLink Midstream, LLC (ENLC)
EnLink Midstream, LLC operates in the Oil & Gas Midstream industry of the Energy sector, headquartered in Dallas, TX, US. The stock last traded at $14.12, down 0.21% on the session, giving a market capitalisation of $6.45B. On trailing twelve-month figures it carries a trailing P/E of 31.38, a net margin of 3.0%. Its beta of 2.35 implies it has historically moved more than the broad market.
EnLink Midstream, LLC is a company that delivers vital energy infrastructure services throughout the United States. Its operations are strategically divided across several key regions and functions: the Permian Basin, Louisiana, Oklahoma, North Texas, and a Corporate segment. The firm's activities comprehensively cover the handling of natural gas, from its initial collection, compression, and treatment, through processing, transportation, storage, and eventual sale. It also manages the fractionation, transit, warehousing, and commercialization of natural gas liquids. Furthermore, EnLink provides services for stabilizing and trans-loading crude oil and condensate, alongside essential brine disposal solutions. Central to its capabilities is an extensive network of midstream assets, which includes approximately 12,100 miles of pipelines, 22 natural gas processing facilities, and seven fractionators with a substantial daily capacity of around 320,000 barrels. This infrastructure is further bolstered by barge and rail terminals, various product storage sites, specialized brine disposal wells, and a dedicated fleet for transporting crude oil by truck. Established in 2013, EnLink Midstream, LLC maintains its corporate headquarters in Dallas, Texas.
EnLink Midstream, LLC is most often compared with the following Energy names: