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. devo
![EnLink Midstream logo](https://files.capedge.com/8-K/0001104659-19-019424/g75371mmi001.jpg)
Company profile
Ticker
ENLC
Exchange
Website
CEO
Barry Davis
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
New Public Rangers, L.L.C.
SEC CIK
Corporate docs
Subsidiaries
Acacia Natural Gas, L.L.C. • Ascension Pipeline Company, LLC • Bridgeline Holdings, L.P. • Cedar Cove Midstream LLC • Coronado Midstream LLC • Cowtown Gas Processing Partners L.P. • Cowtown Pipeline Partners L.P. • Delaware G&P LLC • Delaware Processing LLC • EnLink Barnett Gas Services, LLC ...
ENLC stock data
Latest filings (excl ownership)
8-K
Changes in Registrant's Certifying Accountant
16 May 24
10-Q
2024 Q1
Quarterly report
1 May 24
8-K
EnLink Midstream Reports First Quarter 2024 Results
30 Apr 24
10-K
2023 FY
Annual report
21 Feb 24
8-K
EnLink Midstream Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Financial Guidance
20 Feb 24
S-3ASR
Automatic shelf registration
8 Feb 24
8-K
Entry into a Material Definitive Agreement
16 Jan 24
10-Q
2023 Q3
Quarterly report
1 Nov 23
8-K
EnLink Midstream Reports Third Quarter 2023 Results
31 Oct 23
8-K
Departure of Directors or Certain Officers
10 Aug 23
Transcripts
ENLC
Earnings call transcript
2024 Q1
1 May 24
ENLC
Earnings call transcript
2023 Q4
21 Feb 24
ENLC
Earnings call transcript
2023 Q3
1 Nov 23
ENLC
Earnings call transcript
2023 Q2
2 Aug 23
ENLC
Earnings call transcript
2023 Q1
3 May 23
ENLC
Earnings call transcript
2022 Q4
15 Feb 23
ENLC
Earnings call transcript
2022 Q3
2 Nov 22
ENLC
Earnings call transcript
2022 Q2
4 Aug 22
ENLC
Earnings call transcript
2022 Q1
4 May 22
ENLC
Earnings call transcript
2021 Q4
16 Feb 22
Latest ownership filings
4
Jesse Arenivas
4 Jun 24
4
Benjamin D Lamb
1 Mar 24
144
Notice of proposed sale of securities
28 Feb 24
4
Jan Philipp Rossbach
26 Feb 24
144
Notice of proposed sale of securities
23 Feb 24
4
Walter Pinto
21 Feb 24
4
Jan Philipp Rossbach
21 Feb 24
4
Jesse Arenivas
21 Feb 24
4
Benjamin D Lamb
21 Feb 24
4
Dilanka Seimon
21 Feb 24
Financial summary
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Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 16.80 mm | 16.80 mm | 16.80 mm | 16.80 mm | 16.80 mm | 16.80 mm |
Cash burn (monthly) | 3.97 mm | 4.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 15.34 mm | 18.04 mm | n/a | n/a | n/a | n/a |
Cash remaining | 1.46 mm | -1.24 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | 0.4 | -0.3 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2024
57.9% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 38 |
Opened positions | 11 |
Closed positions | 10 |
Increased positions | 11 |
Reduced positions | 8 |
13F shares | Current |
---|---|
Total value | 492.63 bn |
Total shares | 261.40 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Global Infrastructure Investors III | 224.36 mm | $2.31 bn |
Tortoise Capital Advisors, L.L.C. | 14.90 mm | $203.21 bn |
GS Goldman Sachs | 14.09 mm | $192.20 bn |
Miller Howard Investments | 2.16 mm | $29.47 bn |
Duff & Phelps Investment Management | 1.66 mm | $22.65 bn |
NBW Capital | 1.10 mm | $14.98 bn |
BCS Barclays | 1.06 mm | $14.45 mm |
Tortoise Index Solutions | 397.56 k | $5.42 bn |
Ubs Global Asset Management Americas | 373.28 k | $5.09 bn |
BNP Paribas Arbitrage | 297.80 k | $4.06 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Jun 24 | Arenivas Jesse | Common Units | Payment of exercise | Dispose F | No | No | 12.69 | 57,597 | 730.91 k | 737,871 |
28 Feb 24 | Benjamin D Lamb | Common Units | Sell | Dispose S | No | No | 12.08 | 250,552 | 3.03 mm | 534,000 |
23 Feb 24 | Jan Philipp Rossbach | Common Units | Sell | Dispose S | No | No | 12.32 | 50,000 | 616.00 k | 58,410 |
19 Feb 24 | Adam S Forman | Common Units | Grant | Acquire A | No | No | 0 | 46,064 | 0.00 | 146,064 |
19 Feb 24 | Benjamin D Lamb | Common Units | Grant | Acquire A | No | No | 0 | 77,471 | 0.00 | 784,552 |