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Stock Market & Financial Investment News

News Breaks
August 18, 2014
08:04 EDTENLC, ENLKEnLink 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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February 27, 2015
17:02 EDTENLKEnLink Midstream extends binding open season period
The EnLink Midstream companies, EnLink Midstream Partners, LP and EnLink Midstream, announced an extension of the binding open season period to solicit volume commitments for interstate common carrier transportation service on a new condensate pipeline system. The open season, which was scheduled to end February 27 has been extended to end on April 15 at 5:00 p.m. Central Time. EnLink has received interest for participation in the ORV Condensate Pipeline and is extending the open season. As previously announced, the ORV Condensate Pipeline will transport condensate from points in Harrison, Belmont, Guernsey, Noble, Monroe, and Washington Counties, Ohio to Bells Run Station in Washington County, Ohio, Black Run Station in Muskingum County, Ohio, and, if Ohio River Valley Pipeline, LLC elects to construct extension(s) of its system, to one or more connecting facilities in Holmes, Coshocton, and Harrison County, Ohio. The design capacity of the ORV Condensate Pipeline will be dependent upon the level of interest shown by potential committed shippers during the open season.
February 23, 2015
07:37 EDTENLKCredit Suisse to hold a summit
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February 18, 2015
08:08 EDTENLC, ENLKEnLink Midstream sees FY15 Adjusted EBITDA about $710M
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08:04 EDTENLKEnLink Midstream reports Q4 EPS 21c, consensus 18c
Reports Q4 revenue $995.2M, consensus $1.02B.
February 17, 2015
17:07 EDTENLC, ENLKEnLink Midstream drops down 25% interest in EnLink Midstream Holding
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