Why High-Yield Energy Stocks Are Getting Pummeled Today [The Motley Fool]
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: The Motley Fool
What happened Oil prices tumbled on Friday after Russia refused to agree to an OPEC-led plan to reduce oil supplies further. By : p.m. EST, the U.S. oil benchmark, WTI, had tumbled nearly 8%, causing a massive sell-off across the industry, with several large producers plunging more than 0% The carnage in the energy sector isn't sparing anyone, including midstream companies , which don't have much direct exposure to oil prices. Several tumbled more than 0% by the mid-afternoon, including ONEOK ( NYSE:OKE Targa Resources NYSE:TRGP Plains GP Holdings NYSE:PAGP Enable Midstream Partners NYSE:ENBL EnLink Midstream NYSE:ENLC Image source: Getty Images. So what Lower oil prices will have some impact on the cash flows produced by midstream companies. ONEOK, for example, expects to get % of its earnings from commodity-based activities this year and another % from the difference in commodity prices from one region to another. While that means it gets of its earnings from stable sources like fe
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ENLC
News
- EnLink Midstream, LLC (NYSE: ENLC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- EnLink Midstream, LLC (NYSE: ENLC) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ONEOK: Benefitting From Recent Acquisitions [Seeking Alpha]Seeking Alpha
- EnLink Midstream, LLC (NYSE: ENLC) was downgraded by analysts at US Capital Advisors from a "moderate buy" rating to a "hold" rating.MarketBeat
- SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EnLink Midstream, LLC - ENLCPR Newswire
ENLC
Earnings
- 11/6/24 - Miss
ENLC
Sec Filings
- 12/11/24 - Form 425
- 12/11/24 - Form 425
- 12/11/24 - Form 425
- ENLC's page on the SEC website