our focus expectations term Thank you, good Kate, everyone. update third we results. outlook. us longer Thank ongoing and also these and dedication, you your on like families to We’ll in thank behalf resolve for and show we I employees to discuss to our colleagues today On who of you, all are XXXX you EnLink year full challenging morning, joining also continue an EnLink, give staying navigate continue to take the times. this pandemic. to as quarter our safe opportunity our healthy, of during hope would and
in weather of of winter but Our doing only storms across record team number job pandemic, not a this through Coast recent Oklahoma. and all our through Gulf is operations, tremendous a severe
most high or history. EBITDA outcome to tremendous end performance EBITDA strong delivered year industry’s expectations. million, the one our now a periods to us achieved We EnLink X% sets during Turning of up up meet strong quarter, business the challenging guidance. adjusted is last exceed beating The and adjusted the of the quarter. solidly This of resilient XXXX quarter another from in full $XXX of
quarter, distributions after this of for We substantial also year. compared the generated flow free cash the to a increase of $XX first two marking million quarters
flow range us after metric free is as continue reduce end cash our of guidance for high expect to for we a debt. Importantly, we to This exceed distributions. the XXXX critical
results flow. across dynamics cash And into strong, of When impacting great work, drill asset doing do we as is navigate continue our to will team ahead. Our our all hard generating we road so segments, the free are is footprint. positively the segments very down which we work, four
invested to our of track and we cash announced plan question unit to invest distributions balance the program. already focus and another quarter a we generation free on in of are the the with a flow on generation XX% year of tool approximately of Together have a capital to our repeat earnings XXXX, flow flow during the this XXXX brings strong capital up repurchase balance This cash board we toolkit, strong EnLink’s in for allocation fourth capital to strong We XXXX. puts in allocation. of with clear after deleveraging XXXX look authorization our generate and cash as release, sheet. view
all repurchase know, unit response significant you market year, early unitholders. in capital another common by in provides The unit program conditions change to we two-thirds. our return flexible avenue this As to to the distribution reduced us
on execution priorities. update we’re our progressing our and give I’ll to how you turn let’s Now plan four an with
first our Our plan to optimize priority the execution of business. profitability is existing
in a reduce are way how process every turning and improve costs stone efficiencies. continuous over we run and our to as are possible We every challenging business we pursue
on it necessary We the operations. and and industry our operating sector. This an have in comes productions us XX% achieved when cost operating to reduction leader efficiency a to than general same and greater costs XXXX makes administrative essentially compared in business
to are are do to we team We underway number making key that of committed majority a sustainable. of has the our And that. ensure initiatives excellence sure savings operational those
year. of is to priority progress execution plan second our strength have we financial maintain and this significant The made
as generating strong focus capital discipline. As strong and our relentless reductions, I cost a result mentioned are cash execution, on of team’s flow already, we
million new ample facility reduced our third Pablo liquidity approximately recently. quarter. debt has a bolstered securitization We announced this during detail. have net been we more by that And will receivable already in the cover $XXX by accounts
to Our third is organizational drive execution priority efficiency.
performance distractions the best perseverance dedication times. these continues this focus, the beginning for I ever mentioned As challenging safety at and be has of during the Despite grateful I to EnLink’s storms, it am employees’ call, been. our and
In team challenge global of working addition, with has pandemic. a to our risen the effectively
have and ways and workplace. density the combination important rotational to health we in low us Our maintain keeping safe our the in-person top a precautions make priority allows a found is safety while interactions schedule with of that the employees, to of workplace
Our the and fourth like play to role final will priority and and is is ensure companies XX% EnLink gas position future. energy around business we gas EnLink’s liquids critical transition. EnLink of a in long-term the natural for centered natural
becomes leading source well-positioned a very are as natural important We increasingly gas energy. clean, reliable as of
capture increase will in positions leverage returns. leading the producing improve profitability, basins attractive we and Over key to our operational long-term, efficiencies,
of On industrial the long-term Coast business, demand Gulf to continues markets an inventory demand-facing our export side of growth. the and resumed provide opportunities as
capital-light, are of tuck-in very opportunities see a around searching profiles capital that and the have return are also small assets number our for. We compelling scale, we types efficient type of of
critical to today. to through opportunity on the and over discuss that we not turn evaluate update. strong operational continue platform lens, our will every we’ll With to to anything that, We I’ll operate highly on it return execute investment isn’t accretive that Ben