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Enable Midstream Partners (ENBL) Q4 2020 Earnings Call Transcript

Operator Good morning. My name is Tammy, and I will be your conference operator today. At this time, I would like to welcome everyone to the Enable Midstream fourth-quarter 2020 earnings conference call and webcast. [Operator instructions] Thank you. Mr. Matt Beasley, you may begin your conference. Matt Beasley Assistant Treasurer and Senior Director, Investor Relations Thank you, and good morning, everyone. Presenting on this morning s call are Rod Sailor, our president and CEO; and John Laws, our chief financial officer. Earlier this morning, we issued our earnings press release and filed our Form 10-K with the SEC. Our earnings press release, Form 10-K filing, and the presentation that accompanies this call are all available in the Investor Relations section of our website.

$7B Energy Transfer Deal to Boost Gulf Coast, Midcontinent Presence

Energy Transfer will acquire Enable Midstream Partners in an all-equity transaction valued at approximately $7.2 billion. Energy Transfer LP (NYSE: ET) will acquire Enable Midstream Partners, LP (NYSE: ENBL) in an all-equity transaction valued at approximately $7.2 billion, ET reported Wednesday. Acquiring Enable will strengthen ET’s natural gas liquids (NGL) infrastructure by adding gas gathering and processing assets in the Anadarko Basin in Oklahoma and integrate with ET’s U.S. Gulf Coast NGL transportation and fractionation assets, ET pointed out in a written statement. Moreover, Dallas-based ET noted out that it will gain significant gas gathering and processing assets in the Arkoma basin in Oklahoma and Arkansas as well as the Haynesville Shale in East Texas and North Louisiana.

Energy Transfer LP (ET) Q4 2020 Earnings Call Transcript

Energy Transfer LP (ET) Q4 2020 Earnings Call Transcript Motley Fool Transcribing © The Motley Fool Logo of jester cap with thought bubble. Energy Transfer LP (NYSE: ET) Q4 2020 Earnings Call Operator Greetings. Welcome to the Energy Transfer fourth-quarter earnings call. [Operator instructions] Please note, this conference is being recorded. I will now turn the conference over to your host, Tom Long. You may begin. Co-Chief Executive Officer Thank you, operator. Good afternoon, everyone, and welcome to the Energy Transfer fourth-quarter 2020 earnings call and thank you for joining us today. I m also joined today by Mackie McCrea and other members of the senior management team who are here to help answer your questions after our prepared remarks. Hopefully, you saw our press release we issued earlier this afternoon, as well as the slides posted to our website.

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