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Stock Market & Financial Investment News

News Breaks
August 18, 2014
08:04 EDTENLK, ENLCEnLink Midstream, EnLink Midstream announce construction plans
The EnLink Midstream companies, EnLink Midstream Partners, LP (ENLK) and EnLink Midstream (ENLC) announced plans to construct a new 45-mile, eight inch condensate pipeline and six natural gas compression and condensate stabilization facilities that will service major producer customers in the Utica Shale, including Eclipse Resources. The total investment for the expansion project is over $250M, roughly doubling the capital EnLink Midstream has invested in the Ohio River Valley to more than $500M. As a component of the project, the Partnership has entered into a long-term, fee-based agreement with Eclipse Resources for compression and stabilization services and for the purchase of stabilized condensate. Eclipse Resources is a Utica Shale focused exploration and production company that is currently running four horizontal rigs in the Utica Shale and expects to add an additional two rigs by year end.
News For ENLK;ENLC From The Last 14 Days
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October 27, 2014
17:18 EDTENLKEnLink Midstream files to sell $350M shares of common units
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08:10 EDTENLKEclipse Resources announces rates from Utica Shale pads
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October 22, 2014
08:02 EDTENLC, ENLKEnLink Midstream increases quarterly distributions
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