New User:

-or-
Username:
Password:
Forgot your password?

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
Sign up for a free trial to see the rest of the stories you've been missing.
July 21, 2015
08:03 EDTENLC, ENLKEnLink Midstream increases quarterly distributions
The EnLink Midstream companies today announced the declaration of the quarterly distributions for EnLink Midstream Partners, LP (ENLK), the master limited partnership, and EnLink Midstream, LLC (ENLC), the general partner, for the second quarter of 2015. The quarterly distribution on the Master Limited Partnershipís common units will be 38.5c per common unit, which represents a half cent increase compared to distributions declared for the first quarter of 2015 and an annualized distribution increase of around 6% compared to the second quarter of 2014. The distribution is payable on August 13 to unitholders of record on July 31. The quarterly distribution on the General Partnerís common units will be 25c per common unit, which represents a half cent increase compared to distributions declared for the first quarter of 2015 and an annualized distribution increase of around 14% compared to the second quarter of 2014. The distribution is payable on August 14 to unitholders of record on July 31.

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use