EnLink Midstream

EnLink Midstream is a leading, integrated midstream company with a diverse geographic footprint and a strong financial foundation, delivering tailored customer solutions for sustainable growth. Our expansive gathering, processing, fractionation, transportation, and logistics assets are located in the most prolific oil and gas regions in North America, including the Gulf Coast, Permian, STACK, Cana, Arkoma-Woodford, North Texas, Haynesville, Utica, Marcellus, and Eagle Ford. We are delivering growth and unlocking value for our customers, employees, and investors through our proven expertise in leveraging our diversified assets and strategic relationships. EnLink Midstream formed in 2014 when Devon Energy agreed to combine substantially all of its midstream assets with Crosstex Energy to form a leading integrated midstream company with enhanced size and scale in core operating regions. This strategic combination generates strong unitholder value, fuels innovation, and drives growth. Devon and EnLink's strategic partnership continues today. Headquartered in Dallas, Texas, EnLink is well positioned for stable, long-term growth, enabling us to capitalize on the significant opportunities we see in the midstream industry.
Company Growth (employees)
Dallas, US
Size (employees)
1,472 (est)
EnLink Midstream was founded in 2014 and is headquartered in Dallas, US

Key People/Management at EnLink Midstream

Michael Garberding

Michael Garberding

President and Chief Executive Officer
Barry Davis

Barry Davis

Executive Chairman
Eric Batchelder

Eric Batchelder

Executive Vice President and Chief Financial Officer
McMillan Hummel

McMillan Hummel

Executive Vice President and President of the Liquids Business Unit
Benjamin Lamb

Benjamin Lamb

Executive Vice President of Corporate Development

EnLink Midstream Office Locations

EnLink Midstream has an office in Dallas
Dallas, US (HQ)
100 2501 Cedar Springs Rd
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EnLink Midstream Financials and Metrics

EnLink Midstream Financials

EnLink Midstream's revenue was reported to be $4.3 b in FY, 2016

Revenue (Q2, 2017)

1.3 b

Gross profit (Q2, 2017)

331.2 m

Gross profit margin (Q2, 2017), %


Net income (Q2, 2017)

32.7 m

EBIT (Q2, 2017)

70.4 m

Market capitalization (01-Aug-2017)

(10 b)

Cash (30-Jun-2017)

11.2 m


(6.4 b)
EnLink Midstream's current market capitalization is ($10 b).
USDFY, 2013FY, 2014FY, 2015FY, 2016


1.9 b2.4 b4.5 b4.3 b

Revenue growth, %


Cost of goods sold

1.5 b2.5 b3.2 b3 b

Gross profit

396.3 m(81.8 m)1.2 b1.2 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


468.4 m231.9 m751.8 m644.1 m773.1 m1.3 b1.2 b889.7 m1 b1.1 b1.3 b1.3 b

Cost of goods sold

968.2 m861.8 m586.2 m732.4 m788.2 m1 b932.4 m

Gross profit

306.3 m308.8 m303.5 m300.8 m316.4 m319.6 m331.2 m

Gross profit Margin, %

USDY, 2009Y, 2010Y, 2011Y, 2012Y, 2013Y, 2014Y, 2015FY, 2016


779 k17.7 m8.1 m15.6 m9.6 m5.9 m11.7 m

Current Assets

313.2 m570.2 m472.1 m773.3 m


153.8 m2.3 b987 m1.5 b

Total Assets

2.8 b8.6 b8.1 b10.3 b
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017


9 k218.4 m15.9 m24.1 m34.2 m8.1 m24.9 m5.7 m10.1 m60 m14.8 m11.2 m

Current Assets

227.1 m634.3 m464.2 m462.3 m593.6 m633.3 m577.2 m437.9 m490.2 m538.8 m559.3 m554.8 m


153.8 m2.4 b2.3 b2.3 b2.3 b2.3 b1.7 b420.7 m421.4 m422.3 m422.3 m422.3 m

Total Assets

2.6 b7.8 b7.8 b7.9 b9.4 b9.6 b8.8 b8.9 b9 b9.1 b9.1 b9.1 b
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(113.1 m)312.3 m(1.4 b)(888.2 m)

Depreciation and Amortization

140 m280.3 m387.3 m503.9 m

Accounts Receivable

(4.2 m)

Accounts Payable

373 k
USDQ3, 2013Q1, 2014Q2, 2014Q3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

(78.8 m)54.6 m84.1 m85.7 m35 m44.6 m(755.9 m)(562.9 m)(559.7 m)(542.2 m)13.3 m46 m

Depreciation and Amortization

33.2 m47.9 m72.7 m71.6 m90 m189 m289.1 m121.9 m246.8 m373 m128.3 m270.8 m

Cash From Operating Activities

292.3 m508 m189.1 m299.6 m509.2 m174.2 m332.2 m

Purchases of PP&E

(349.2 m)(450.3 m)(135.4 m)(288.2 m)(423.7 m)(256.3 m)(471.7 m)
Y, 2017


-90.9 x


-19.3 x
Show all financial metrics

EnLink Midstream Operating Metrics

FY, 2016



Pipelines Network, miles

11 k
Show all operating metrics

EnLink Midstream Market Value History

EnLink Midstream Revenue Breakdown

EnLink Midstream's Web-traffic and Trends

EnLink Midstream Company Life and Culture

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