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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. ....
Operator Good day and welcome to the EnLink Midstream second-quarter 2021 earnings call. [Operator instructions] Please note, this event is being recorded. I would now like to turn the conference over to Brian Braungart, director and investor relations. Please go ahead. Brian Braungart Director, Investor Relations Thank you and good morning, everyone. Welcome to EnLink s second quarter of 2021 earnings call. Participating on the call today are Barry Davis, chairman and chief executive officer; Ben Lamb, executive vice president and chief operating officer; and Pablo Mercado, executive vice president and chief financial officer. We issued our earnings release and presentation after the markets closed yesterday, and those materials are on our website. ....
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. ....