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.
Type
Public
HQ
Dallas, US
Founded
2014
Size (employees)
1,472 (est)+3%
EnLink Midstream was founded in 2014 and is headquartered in Dallas, US

EnLink Midstream Office Locations

EnLink Midstream has office in Dallas
Dallas, US

EnLink Midstream Metrics

EnLink Midstream Summary

Market capitalization

$6 b

Closing share price

$17.7
EnLink Midstream's current market capitalization is $6 b.

EnLink Midstream Financials

EnLink Midstream's revenue is $4.3 b in FY, 2016 which is a 4.5% decrease from the previous period.
FY, 2010FY, 2011FY, 2012FY, 2013FY, 2014FY, 2015FY, 2016

Revenue

$1.9 b$1.9 b$3.5 b$4.5 b$4.3 b

Revenue growth, %

1.9%80.1%27.2%(4.5%)

Gross profit

$733.8 m$786.9 m

Operating expense total

$2 b$278.2 m$419.9 m

EBIT

($36.1 m)$340.2 m($1.3 b)

Income tax expense

$1.1 m$1.1 m$67 m$22 m($500 k)

Net Income

($113.1 m)$312.3 m($1.4 b)($573.3 m)

Operating cash flow

($67 k)$9.6 m($3.7 m)

EnLink Midstream Market Value History

EnLink Midstream Company Life

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