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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:16 EDTENBLEnable Midstream initiated with a Buy at KeyBanc
Target $28.
News For ENBL From The Last 14 Days
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February 19, 2015
10:28 EDTENBLEnable Midstream downgraded to Neutral from Outperform at Credit Suisse
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February 18, 2015
07:18 EDTENBLEnable Midstream sees FY15 expansion CapEx $600M-$1B
2015 outlook centered around the following price assumptions: Natural Gas at $2.85/MMBtu; Natural Gas Liquids Composite Mont Belvieu, Texas at $.47/gal; Conway, Kansas at $.46/gal; Natural gas liquids composite based on an assumed composition of 45%, 30%, 10%, 5%, and 10% for ethane, propane, normal butane, isobutane and natural gasoline, respectively. Sees FY15 natural gas gathered volumes 3.1-3.3 TBtu/d, crude oil gatehred volumes 20-22MBbl/d.
07:16 EDTENBLEnable Midstream reports Q4 revenue $735M, consensus $839.06M
Net income attributable to the partnership was $122M for Q4, an increase of $7M, or 6%, compared to $115M for 4Q13. Adjusted EBITDA for Q4 was $198M, a decrease of 1% compared to $200M for 4Q13. Distributable cash flow for Q4 was $119M, a decrease 12% from 4Q13.
February 16, 2015
17:17 EDTENBLEnable Midstream to cut 10% of workforce in 2015
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