Last $31.44 USD
Change Today -0.27 / -0.85%
Volume 162.9K
ENLK On Other Exchanges
Symbol
Exchange
ENLK is not on other exchanges.
As of 4:15 PM 07/24/14 All times are local (Market data is delayed by at least 15 minutes).

enlink midstream partners lp (ENLK) Snapshot

Open
$31.80
Previous Close
$31.71
Day High
$31.93
Day Low
$31.31
52 Week High
03/17/14 - $35.54
52 Week Low
08/9/13 - $18.22
Market Cap
7.2B
Average Volume 10 Days
237.1K
EPS TTM
$-0.97
Shares Outstanding
109.1M
EX-Date
05/1/14
P/E TM
--
Dividend
$1.44
Dividend Yield
4.43%
Current Stock Chart for ENLINK MIDSTREAM PARTNERS LP (ENLK)

enlink midstream partners lp (ENLK) Related Bloomberg News

View More Bloomberg News

enlink midstream partners lp (ENLK) Related Businessweek News

No Related Businessweek News Found

enlink midstream partners lp (ENLK) Details

EnLink Midstream Partners, LP, through its subsidiary, EnLink Midstream Operating, LP, provides midstream energy services. It is engaged in the gathering, transmission, processing, fractionation, and marketing natural gas, natural gas liquids (NGLs), crude oil, and condensate. The company connects the wells of natural gas producers to its gathering systems; processes natural gas for the removal of NGLs; fractionating NGLs into purity products; marketing those purity products; and transporting natural gas. It also purchases natural gas from natural gas producers and other supply sources, and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. In addition, the company provides crude oil, condensate, and brine services to producers. As of March 7, 2014, it operated approximately 7,300 miles of pipelines, as well as 12 natural gas processing plants 6 fractionators, and a fleet of approximately 100 trucks, as well as 3.1 million barrels of NGL cavern storage, rail terminals, barge terminals, and truck terminals. The company was formerly known as Crosstex Energy L.P. and changed its name to EnLink Midstream Partners, LP in March 2014. EnLink Midstream GP, LLC serves as the general partner of the company. EnLink Midstream Partners, LP was founded in 1992 and is based in Dallas, Texas.

817 Employees
Last Reported Date: 02/28/14
Founded in 1992

enlink midstream partners lp (ENLK) Top Compensated Officers

Chief Executive Officer of Crosstex Energy GP...
Total Annual Compensation: $1.0M
Chief Financial Officer of Crosstex Energy GP...
Total Annual Compensation: $574.1K
Chief Operating Officer of Crosstex Energy Gp...
Total Annual Compensation: $661.6K
Executive Vice President of Crosstex Energy G...
Total Annual Compensation: $586.3K
Senior Vice President of Engineering & Operat...
Total Annual Compensation: $413.3K
Compensation as of Fiscal Year 2013.

enlink midstream partners lp (ENLK) Key Developments

EnLink Midstream Partners, LP Announces Earnings Results for the First Quarter Ended March 31, 2014

EnLink Midstream Partners, LP announced earnings results for the first quarter ended March 31, 2014. For the quarter, the company reported limited partner's interest in net income attributable to the company was $7.7 million, or $0.03 per unit, compared to $0, or $0 per unit, for the same quarter ended March 31, 2013. Total revenues were $722.5 million, compared to $526.9 million for the same quarter ended March 31, 2013. Operating income was $74.5 million, compared to $35.9 million for the same quarter ended March 31, 2013.

EnLink Midstream Partners Seeks Acquisitions

EnLink Midstream Partners, LP (NYSE:ENLK) has filed a follow-on equity offering in the amount of $75 million. EnLink Midstream Partners intends to use the net proceeds from offering for general partnership purposes, including working capital, capital expenditures, acquisitions and repayments of indebtedness. Amounts repaid under credit facility may be reborrowed to fund ongoing capital program, potential future acquisitions or for general partnership purposes.

EnLink Midstream Mulls Acquisitions

EnLink Midstream Partners, LP (NYSE:ENLK) is looking for acquisitions. Barry Davis, President and Chief Executive Officer of Enlink Midstream Partners said, "We think that the pipeline of drop-down opportunities will continue to be fed as Devon creates additional opportunities, either via organic growth that they're doing at the E&P level or through acquisitions where they might acquire midstream assets in association with their E&P assets”.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
ENLK:US $31.44 USD -0.27

ENLK Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Core Laboratories NV $150.21 USD -16.91
Denbury Resources Inc $17.89 USD +0.10
National Fuel Gas Co $71.08 USD -0.34
Newfield Exploration Co $44.98 USD +0.06
Oceaneering International Inc $70.13 USD -3.04
View Industry Companies
 

Industry Analysis

ENLK

Industry Average

Valuation ENLK Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 3.4x
Price/Book 1.6x
Price/Cash Flow 381.2x
TEV/Sales 2.0x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact ENLINK MIDSTREAM PARTNERS LP, please visit www.enlink.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.