EnLink Midstream LLC (N:ENLC)
Business Focus: Oil & Gas Transportation Services
| Sector: Energy | Industry: Oil & Gas Transportation Services |
| See Regulatory Filings on SEC | |
| Company Contact | |
| Address: | 1722 Routh Street, Suite 1300 DALLAS TX 75201 |
| Tel: | N/A |
| Website: | https://www.enlink.com |
| IR: | See website |
| Key People | ||
| Matthew C. Harris Chairman of the Board | Jesse Arenivas Chief Executive Officer, Director | Benjamin D. Lamb Chief Financial Officer, Executive Vice President |
| Walter Pinto Chief Operating Officer, Executive Vice President | Dilanka Seimon Executive Vice President, Chief Commercial Officer | |
| Business Overview |
| EnLink Midstream, LLC provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation for carbon capture and sequestration (CCS). The Company's segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, EnLink Midstream LLC revenues decreased 28% to $6.9B. Net income decreased 43% to $206.2M. Revenues reflect Louisiana segment decrease of 35% to $3.9B, Permian segment decrease of 27% to $2.83B. Net income also reflects Operating expenses - Balancing value increase of 7% to $554.5M (expense), ENLK and ENLC Senior Notes increase of 12% to $230.1M (expense). |
| Employees: | 1,072 as of Dec 31, 2023 |
| Reporting Currency: | U.S. Dollars |
| Enterprise value: | $10,649M as of Dec 31, 2023 |
| Annual revenue (TTM): | $6,900M as of Dec 31, 2023 |
| EBITDA (TTM): | $1,385M as of Dec 31, 2023 |
| Net annual income (TTM): | $206.20M as of Dec 31, 2023 |
| Free cash flow (TTM): | $540.80M as of Dec 31, 2023 |
| Net Debt Last Fiscal Year: | $4,540M as of Dec 31, 2023 |
| Shares outstanding: | 453,176,911 as of Feb 14, 2024 |
| TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization | |
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