ENLC / EnLink Midstream Grows Their CCS Division

The headline numbers for EnLink Midstream (ENLC) give insight into how the company performed in the quarter ended September 2023, but it may be worthw more_horizontal

EnLink's stock has entered a long-term trading range between $8.50 and $13.50 per unit. The company plans to invest $1.5 billion in CCUS projects over more_horizontal

EnLink Midstream operates in hydrocarbon-rich basins in the south central US, including the Anadarko and Permian basins. The company's low yield of 4. more_horizontal

EnLink Midstream (ENLC) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.11 per share. This compares to more_horizontal

EnLink's EBITDA growth is dependent on finding enough projects or acquisitions that meet their investment threshold, with potential growth in the LNG more_horizontal

Energy midstream companies will produce a lot more excess free cash over the next five years. That will give them more money to return to investors vi more_horizontal

EnLink Midstream (ENLC) came out with quarterly earnings of $0.12 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $ more_horizontal

EnLink reported record profits in 2022, up 22% YoY led by massive growth in the Permian and higher natural gas prices. EBITDA will grow to $1355MM in more_horizontal