Texas natural-gas pipeline eases bottlenecks, paves way for higher shale output [Yahoo! Finance]
EnLink Midstream, LLC Common Units representing Limited Partner Interests (ENLC)
Last enlink midstream, llc common units representing limited partner interests earnings: 2/25 05:06 pm
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Source: Yahoo! Finance
Gulf Coast has eased constraints that crashed local prices this year, and will help pave the way for higher U.S. oil production, energy executives said. Pipeline companies largely quit adding new capacity following the pandemic, when shale production dried up and pipeline utilization plummeted. The 580-mile (933-km) Matterhorn Express pipeline is the first new natural-gas pipeline built in the Permian basin in three years. Matterhorn began operations last month, relieving bottlenecks that had forced producers at times to pay other parties to receive their gas, or to seek state permits to burn the gas. The line, a joint venture between WhiteWater Midstream, EnLink Midstream, Devon Energy and MPLX, can carry up to 2.5 billion cubic feet of gas per day, adding 14% in new regional capacity as it ramps up this year. The Permian basin, which straddles Texas and New Mexico, accounts for half of U.S. crude output and is the second-largest shale-gas producing region. "Matterhorn has
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News
- EnLink Midstream, LLC (NYSE: ENLC) had its "sector perform" rating re-affirmed by analysts at Royal Bank of Canada. They now have a $15.00 price target on the stock.MarketBeat
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- EnLink Midstream Reports Third Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- EnLink Midstream Reports Third Quarter 2024 ResultsPR Newswire
ENLC
Earnings
- 11/6/24 - Miss
ENLC
Sec Filings
- 11/8/24 - Form 10-Q
- 11/6/24 - Form 8-K
- 10/24/24 - Form 3
- ENLC's page on the SEC website