The Online Investor
Home
Dividends
25 Safe Dividends
Stock Splits
Mergers & Acquisitions
Mega Mergers
Stock Buybacks
Stock Buybacks
Contrarian Outlook
Stock Option Ideas
Preferred Stock Newsletter
ChartZero.com
IPOs
Secondary Offerings
Top 20 Large Caps
Top 20 Biggest ETFs
Insider Buying
Top 25 Low PE Ratios
Analyst Actions
25 Top Analyst Picks
Articles
CAGR Calculator
Dunnan On Dollars
10 Pot Stocks
ETF Center
Knowledge Center
Retirement Center
Advertising Opportunities
Privacy Policy
Disclaimer Statement
ENLC Buyback image

EnLink Midstream, LLC Buyback

OLI recorded this information on 1/16/2024

Company: EnLink Midstream, LLC
Buyback: ENLC buyback
$Amount Authorized: $250,000,000
Buyback Details: EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that the EnLink Board of Directors (Board) completed its expanded 2023 common unit repurchase authorization of $250 million, authorized a 2024 common unit repurchase plan, increased its quarterly distribution for the fourth quarter of 2023 by approximately 6%, and updated EnLink's financial policy to reflect a long-term leverage target of 3.5x debt-to-EBITDA.

Enlink Midstream primarily focus on providing midstream energy services, including: gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquid; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, in addition to brine disposal services. Co.'s natural gas business includes connecting the wells of producers to its gathering systems. Co.'s crude oil and condensate business includes the gathering and transmission of crude oil and condensate via pipelines, barges, rail, and trucks, in addition to condensate stabilization and brine disposal.
Open the ENLC Page at The Online Investor »

ENLC — Key Stats (updated 10 hours, 36 minutes ago)
Company Name:  EnLink Midstream LLC
Stock buyback:  ENLC buyback
Website:  www.enlink.com
Sector:  Oil & Gas Equipment & Services
Number of ETFs Holding ENLC:  7
Total Market Value Held by ETFs:  $59.93M
Total Market Capitalization:  $6.25B
% of Market Cap. Held by ETFs:  0.96%
 

Open the ENLC Page at The Online Investor (in a new window) »
April 29, 2024  •  9:42 PM Eastern
ENLC — Current Quote
Quotes delayed 20 minutes

Email EnvelopeFree ENLC Email Alerts:
Get SEC Filing Alerts
Get Dividend Alerts
Avg. Broker Rec.

Buy (3.11 out of 4)
35th percentile
(ranked lower than approx. 65% of all stocks covered)

Analysts' Target Price:
ENLC Stock Forecast

 Based on Zacks ABR data;
powered by Xignite

ENLC Buyback | www.TheOnlineInvestor.com | Copyright © 1998 - 2024, All Rights Reserved

Nothing in The Online Investor is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Use and Privacy Policy. Video widget and stock market videos powered by Market News Video. Quote data delayed at least 20 minutes, powered by Ticker Technologies, and Mergent. Contact The Online Investor; Meet Our Editorial Staff.