| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
- |
| Employees |
1,500 |
| Revenues (TTM) (Millions $) |
3,985 |
| Net Income (TTM) (Millions $) |
-185 |
| Cash Flow (TTM) (Millions $) |
-22 |
| Capital Exp. (TTM) (Millions $) |
272 |
Business Description
EnLink Midstream Partners LP is a publicly traded limited partnership that operates in the midstream energy sector. The company is headquartered in Dallas, Texas and was formed in 2014 by the merger of Crosstex Energy and Devon Energy. EnLink Midstream Partners LP is primarily engaged in the gathering, processing, transportation, and marketing of natural gas and natural gas liquids (NGLs) in the United States.
The company's operations are divided into two segments: the Texas segment and the Oklahoma segment. The Texas segment includes natural gas gathering and processing facilities, NGL and crude oil pipelines, and terminals in the Barnett Shale, the Permian Basin, and the Eagle Ford Shale. The Oklahoma segment includes natural gas gathering and processing facilities, NGL pipelines, and terminals in the Woodford Shale, the Granite Wash, and the Cana-Woodford Shale.
EnLink Midstream Partners LP's gathering and processing facilities include compressor stations, dehydration facilities, and treating facilities. The company's pipeline infrastructure includes both intrastate and interstate pipelines, which connect the gathering and processing facilities to end markets. EnLink Midstream Partners LP also has terminals that allow for the storage and distribution of natural gas and NGLs.
The company's customer base includes producers of natural gas and NGLs, as well as end-users such as utilities, industrial customers, and petrochemical companies. EnLink Midstream Partners LP has established long-term relationships with many of its customers, which provide a stable source of revenue for the company.
EnLink Midstream Partners LP's strategy is to grow its business through a combination of organic growth and strategic acquisitions. The company has a strong financial position, with access to capital markets to fund growth initiatives. EnLink Midstream Partners LP also has a strong commitment to safety, environmental responsibility, and community involvement.
In summary, EnLink Midstream Partners LP is a midstream energy company that operates in the natural gas and NGLs sector in the United States. The company's operations include gathering, processing, transportation, and marketing of natural gas and NGLs. EnLink Midstream Partners LP has a strong customer base, a commitment to safety and environmental responsibility, and a strategy for growth through organic growth and strategic acquisitions.
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