/PRNewswire/ EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the second quarter of 2023. Highlights Reported net income of $89.9.
/PRNewswire/ EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that the EnLink Board of Directors (Board) have appointed Benjamin D. Lamb as.
EnLink has announced a series of developments in the Carbon Capture Business but hasn't divulged the returns on those projects. See what makes ENLC stock a buy.
EnLink Eyeing CCUS in Louisiana, Boosting Guidance on Stronger Natural Gas, Oil Prices
Dallas-based EnLink Midstream LLC has increased its earnings guidance for 2021 amid strengthening natural gas and oil prices, with an eye on expanding operations and lowering carbon emissions.
“We are pursuing exciting growth opportunities in the Permian and Louisiana, as well as experiencing improved activity in Oklahoma and North Texas,” CEO Barry E. Davis said. “Coupled with our commitment to capital efficiency and execution excellence, these opportunities have resulted in a substantial increase” to expected free cash flow (FCF) and profits.
EnLink also is continuing to “benefit from a supportive commodity price environment and a ramp-up of producer activity,” Davis noted.