Enlink Midstream Stock News

The trading price of EnLink Midstream LLC (NYSE:ENLC) floating higher at last check on Wednesday, February 16, closing at $8.81, 5.70% higher than its previous close. >> 5 Best Growth Stocks for 2022 << >> 5 Best Growth Stocks for 2022 << Traders who pay close attention to intraday price movement should know that it … EnLink Midstream LLC (NYSE: ENLC): Should Value Hunters Buy It? Read More »

EnLink Midstream, LLC (ENLC) shares are gaining on Wednesday morning trade after the company reported profit for the quarter, compared to net loss last year. Total revenues for the period more than doubled. The Dallas-based oil and gas midstream company also provided earnings outlook for 2022.

EnLink Midstream, LLC (ENLC) CEO Barry Davis on Q4 2021 Results - Earnings Call Transcript

EnLink Midstream (ENLC) +2% post-market after easily beating Q4 earnings and revenues estimates, and announcing plans to jointly develop carbon capture solutions in Louisiana with…

EnLink Midstream press release (ENLC): Q4 GAAP EPS of $0.11 beats by $0.04.Revenue of $2.24B (+111.3% Y/Y) beats by $380M.Generated adjusted EBITDA, net to EnLink, of $286.4 million…

DALLAS, Feb. 15, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the fourth quarter and full-year 2021 and provided 2022 financial guidance. Highlights Reported net income of $88.6 million and $142.9 million for the fourth quarter of…

HOUSTON , Feb. 15, 2022 /PRNewswire/ -- Talos Energy Inc. (NYSE: TALO ) ("Talos" or the "Company") and EnLink Midstream, LLC (NYSE: ENLC ) ("EnLink") announced today that they have executed a memorandum of understanding to jointly develop a complete CO 2 capture, transportation and sequestration solution for industrial-scale emitters in Louisiana . The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge , which is one of the largest concentrated sources of CO 2 emissions in the United States , and will utilize significant portions of EnLink''s existing regional pipeline infrastructure of approximately 4,000 miles in Louisiana and Talos''s recently-acquired River Bend CCS site in east Louisiana , as announced today in a separate press release, which includes approximately 26,000 acres of pore space and provides sequestration capacity of over 500 million metric tonnes in the area. EnLink and Talos have begun to market the offering to potential customers.

HOUSTON , Feb. 15, 2022 /PRNewswire/ -- Talos Energy Inc. ("Talos" or the "Company") (NYSE: TALO ) today announced that it had reached an agreement with a large Louisiana landowner to lease approximately 26,000 acres along the Mississippi River industrial corridor for future carbon capture and sequestration ("CCS") projects. Talos also announced today, in a separate press release, its entry into a memorandum of understanding with EnLink Midstream, LLC ("EnLink") to provide integrated CO 2 transportation solutions in the region. These announcements mark the first major CCS project in the Baton Rouge / New Orleans area, known as the "River Bend CCS" project, and the first with an integrated midstream solution dedicated to permanent sequestration activities. Talos will be the project manager and operator of the injection, storage and monitoring and will be joined by its partner, Storegga Limited. Key highlights include: Approximately 26,000 acres leased in Iberville , St. James , Assumption and Lafourche Parishes, one of the largest industrial regions in the United States with approximately 80 million metrics tons of CO 2 emitted regionally per year One Hub-class sequestration project comprised of three distinct sites with a cumulative storage capacity of over 500 million metric tons and identified collectively as River Bend CCS Located in a superior geologic fairway containing a 3,000+ foot thick saline aquifer column with porosity and permeabilities ideal for sequestration activities Talos has also secured a right of first refusal on approximately 63,000 additional acres in the area for phased, future expansion in order to meet expected future market demand Expands the Talos CCS project portfolio to three sequestration projects, including two regional hubs and one point source, spanning the Texas and Louisiana Gulf Coasts Talos EVP – Low Carbon Strategy and Chief Sustainability Officer Robin Fielder commented: "We are excited to announce this significant agreement establishing a major CO 2 sequestration hub along the Mississippi River along with the new transportation infrastructure collaboration with EnLink Midstream.

DALLAS , Feb. 15, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC ) and Talos Energy Inc. (NYSE: TALO ) announced today that they have executed a memorandum of understanding to jointly develop a complete carbon capture, transportation, and sequestration (CCS) solution for industrial-scale emitters in Louisiana . The joint service offering will be focused on the Mississippi River corridor from New Orleans to Baton Rouge , which is one of the largest concentrated sources of carbon dioxide (CO 2 ) emissions in the United States , and will utilize significant portions of EnLink''s existing regional pipeline infrastructure of approximately 4,000 miles in Louisiana and Talos''s recently acquired River Bend CCS site in east Louisiana , which includes approximately 26,000 acres of pore space and provides sequestration capacity of over 500 million metric tonnes in the area. EnLink and Talos have begun to market the offering to potential customers. "We are proud to offer with Talos a complete CO 2 capture, transportation, and sequestration solution for customers in eastern Louisiana ," said EnLink Chairman and CEO Barry Davis . "We plan to utilize our existing pipeline infrastructure and expertise in building midstream infrastructure to provide cost-efficient transportation, while reducing the environmental impact compared to new pipeline construction.

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 83.33% and 19.03%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream (ENLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Despite a fierce run higher in 2021, ENLC shares remain cheap.