72.9 F
Fort Worth
Sunday, September 27, 2020
- Advertisements -
Energy EnLink Midstream: 2Q Earnings Snapshot

EnLink Midstream: 2Q Earnings Snapshot

Other News

2 COVID deaths reported Friday in Tarrant County

Tarrant County Public Health reported two COVID-19 deaths on Friday Setp. 25. The deceased include a man from Arlington in his 80s,...

After Ginsburg’s death, high stakes for Texas’ legal challenge to the Affordable Care Act

By Emma Platoff and Edgar Walters, The Texas Tribune Sept. 25, 2020 "After Ginsburg’s...

How it happened: From law professor to high court in 4 years

By ZEKE MILLER, COLLEEN LONG and MICHAEL BALSAMO Associated PressWASHINGTON (AP) — Four years ago, Amy Coney Barrett was a little-known law...

Ebner dominates in Aranda debut as Baylor tops Kansas 47-14

By SCHUYLER DIXON AP Sports WriterWACO, Texas (AP) — Trestan Ebner returned the second-half kickoff 100 yards before going 83 yards for...


DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported second-quarter net income of $4.1 million, after reporting a loss in the same period a year earlier.


The Dallas-based company said it had net income of 1 cent per share. Earnings, adjusted to extinguish debt, came to 5 cents per share.
The results surpassed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was breakeven on a per-share basis.


The natural gas company posted revenue of $744.9 million in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $2.53. A year ago, they were trading at $8.74.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENLC at https://www.zacks.com/ap/ENLC

- Advertisements -
- Advertisements -

Latest News

Permian investments grow as market shows signs of recovery

CARLSBAD, N.M. (AP) — An American energy investment company has pledged $8.5 million to develop oil and gas assets in the Permian...

Closing prices for crude oil, gold and other commodities

The Associated Press Benchmark U.S. crude oil for November delivery rose 33 cents to $39.93 a barrel Wednesday. Brent crude oil for...

Closing prices for crude oil, gold and other commodities

The Associated Press Benchmark U.S. crude oil for October delivery rose 81 cents to $40.97 a barrel Thursday. Brent crude oil for...

U.S. Energy Development Corp. announces $8.5 million deal in the Permian Basin

U.S. Energy Development Corporation, an exploration and production firm that provides direct investments in energy, has announced an interest in a horizontal...

Closing prices for crude oil, gold and other commodities

The Associated PressBenchmark U.S. crude oil for October delivery fell 7 cents to $37.26 a barrel Monday. Brent crude oil for November...