EnLink Midstream Reports First Quarter 2021 Results and Reaffirms 2021 Guidance
News provided by
Share this article
Share this article
DALLAS, May 4, 2021 /PRNewswire/ EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the first quarter of 2021 and reaffirmed 2021 financial guidance.
Highlights
Reported net income of $12.6 million, net cash provided by operating activities of $225.8 million, and adjusted EBITDA, net to EnLink, of $249.4 million for the first quarter of 2021, driven by strong operational execution and a continued focus on cost reductions.
Winter Storm Uri temporarily impacted volumes across EnLink s asset footprint giving rise to commercial challenges offset by operational savings. On a net basis, it is estimated that Winter Storm Uri did not have a material impact to first quarter of 2021 results. All systems have resumed normal operations and suffered no lasting integrity impact.
EnLink Midstream Reports Fourth Quarter and Full-Year 2020 Results, Provides 2021 Financial Guidance
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
EnLink Midstream Reports Fourth Quarter and Full-Year 2020 Results, Provides 2021 Financial Guidance
prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.