EnLink Midstream, LLC Declares an Increased Quarterly Distribution for the Fourth Quarter of 2021, Payable on February 11, 2022
January 18, 2022 at 05:07 pm EST
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EnLink Midstream, LLC announced a quarterly distribution for the fourth quarter of 2021, reflecting a previously announced 20% increase. Consistent with prior communications in December, EnLink's Board of Directors declared a cash distribution of $0.1125 per common unit for the fourth quarter of 2021, which represents an increase of 20% from the third quarter 2021 distribution. The fourth quarter 2021 cash distribution will be paid on February 11, 2022, to unitholders of record on January 31, 2022.
EnLink Midstream, LLC provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation for carbon capture and sequestration (CCS). The Companyâs segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.
ENLINK MIDSTREAM, LLC 
