| Market Capitalization (Millions $) |
6,475 |
| Shares
Outstanding (Millions) |
459 |
| Employees |
1,072 |
| Revenues (TTM) (Millions $) |
6,664 |
| Net Income (TTM) (Millions $) |
260 |
| Cash Flow (TTM) (Millions $) |
-38 |
| Capital Exp. (TTM) (Millions $) |
419 |
Business Description
Enlink Midstream LLC is a leading midstream energy services provider in the United States, with a diverse portfolio of oil and gas transportation, processing, and storage assets. Founded in 2014 and headquartered in Dallas, Texas, Enlink specializes in providing innovative, reliable, and cost-effective solutions to its customers in the energy industry, including exploration and production companies, natural gas and crude oil marketers, and refiners.
Enlink's operations span across key oil and gas producing regions in the U.S, including the Permian Basin, Oklahoma's STACK and SCOOP plays, the Louisiana Gulf Coast, the Eagle Ford and Austin Chalk plays, and the Bakken Shale. The company operates a vast network of pipelines, processing plants, fractionators, storage facilities, and export terminals, which enable it to move, process, and store hydrocarbons efficiently and safely.
Enlink's pipeline systems have a total capacity of over 11,000 miles, comprising natural gas, crude oil, and natural gas liquids (NGLs) gathering and transmission pipelines. Its gathering systems are strategically located to connect with major shale plays and provide its customers with access to multiple takeaway options. The company's NGL business is one of the largest in the U.S, with a network of NGL pipelines, fractionators, and storage facilities capable of processing and transporting over 800,000 barrels per day.
Enlink is also a leader in gas processing, with ownership interests in over 20 processing plants capable of processing over 3 billion cubic feet per day of natural gas. Its processing plants provide crucial infrastructure for the upstream industry, by separating natural gas from other hydrocarbons, removing contaminants, and adjusting the gas composition for transportation through pipelines.
Moreover, Enlink offers a range of integrated services such as crude oil stabilization, condensate stabilizing, and water treating, as well as marketing and logistics services, which enable its customers to optimize the value of their hydrocarbons. Enlink is committed to safe, reliable, and environmentally responsible operations, and has a track record of implementing advanced technologies and best practices to optimize its operations and reduce its environmental footprint.
In conclusion, Enlink Midstream LLC is a dynamic and innovative energy services provider, with a diverse and growing portfolio of midstream assets across key U.S. shale plays. Its comprehensive suite of transportation, processing, and storage services, strategic locations, and integrated value-added services make it a trusted partner to its customers in the energy industry.
Company Address: 1722 Routh St., Suite 1300 Dallas, 75201 TX
Company Phone Number: 953-9500 Stock Exchange / Ticker: NYSE ENLC
|
25.93%