During the corresponding time, Enlink Midstream Llc saw a revenue deteriorated by -7.89 % year on year, sequentially revenue grew by 3.69 %. While revenue at the Enlink Midstream Llc's corporate clients
Enlink Midstream Llc's Comment on Sales, Marketing and Customers
The company connects producers' wells to gathering systems that transport natural gas to processing plants or larger pipelines. It purchases natural gas and natural gas liquids (NGLs) from producers and other sources, selling them to utilities, industrial consumers, marketers, and pipelines. The company provides storage services for natural gas and NGLs on behalf of third parties. Its large-diameter natural gas transmission pipelines serve industrial end-users, LNG facilities, and utilities. Additionally, the company gathers and transmits crude oil and condensate, purchasing from producers and selling through terminal facilities to various markets. It operates through five reportable segments, including the Permian Segment, which encompasses natural gas gathering, processing, transmission, and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico, and the Louisiana Segment, which includes natural gas and NGL transmission pipelines, processing plants, storage facilities, fractionation facilities, and formerly crude oil operations in Louisiana.
Enlink Midstream Llc’s Comment on Sales, Marketing and Customers
The company connects producers' wells to gathering systems that transport natural gas to processing plants or larger pipelines. It purchases natural gas and natural gas liquids (NGLs) from producers and other sources, selling them to utilities, industrial consumers, marketers, and pipelines. The company provides storage services for natural gas and NGLs on behalf of third parties. Its large-diameter natural gas transmission pipelines serve industrial end-users, LNG facilities, and utilities. Additionally, the company gathers and transmits crude oil and condensate, purchasing from producers and selling through terminal facilities to various markets. It operates through five reportable segments, including the Permian Segment, which encompasses natural gas gathering, processing, transmission, and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico, and the Louisiana Segment, which includes natural gas and NGL transmission pipelines, processing plants, storage facilities, fractionation facilities, and formerly crude oil operations in Louisiana.
Sources:
Enlink Midstream Llc’s official press releases and regulatory filings; CSIMarket.com’s market research; and the financial filings and press releases of other companies cited in this report.
Updated on:
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