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Stock Market & Financial Investment News

News Breaks
May 15, 2014
07:43 EDTENLKEnLink Midstream upgraded at Oppenheimer
As previously reported, Oppenheimer upgraded Enlink Midstream (ENLK) to Outperform from Perform. The firm upgraded shares following yesterday's analyst day based on increased confidence in 2015 distribution growth driven by drop-downs, organic growth projects and growth from Devon Energy (DVN) assets. Price target is $37.
News For ENLK From The Last 14 Days
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July 21, 2015
08:03 EDTENLKEnLink 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.

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