Enlink Midstream, Llc Reports Earnings Results for the First Quarter Ended March 31, 2021
May 04, 2021 at 03:05 pm EDT
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EnLink Midstream, LLC announced earnings results for the first quarter ended March 31, 2021. For the first quarter, the company announced sales was USD 1,248.4 million compared to USD 1,156.1 million a year ago. Operating income was USD 80.4 million compared to operating loss of USD 245.5 million a year ago. Net loss was USD 12.7 million compared to USD 286.8 million a year ago. Basic loss per share from continuing operations was USD 0.03 compared to USD 0.59 a year ago.
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 
