Welcome to our dedicated page for ENBL news (Ticker: ENBL), a resource for investors and traders seeking the latest updates and insights on ENBL stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect ENBL's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of ENBL's position in the market.
TortoiseEcofin announced quarterly rebalancing changes effective December 17, 2021. The Ecofin Global Water ESG Index will remove Primo Water Corp (PRMW CN), while the Ecofin Global Digital Payments Infrastructure Index will add Global-e Online Ltd (GLBE US), Marqeta Inc (MQ US), and Paymentus Holdings Inc (PAY US). Notably, Enable Midstream Partners LP (ENBL) was removed from both the Tortoise MLP Index and Tortoise North American Pipeline Index on December 3, 2021, due to its merger with Energy Transfer LP (ET). For full constituent lists, visit TortoiseEcofin's website.
LafargeHolcim, Geocycle, and CenterPoint Energy have achieved a significant milestone in their environmental initiative by successfully making the first barge shipment of nearly 2,000 tons of coal ash. This project is expected to recover and recycle over six million tons of coal ash, substantially reducing landfill use and the need for virgin raw materials in cement production. The collaborative effort, which involves an investment of over $80 million, aims to transform coal ash into a beneficial resource, supporting sustainable construction practices and contributing to a circular economy.
CenterPoint Energy reported Q3 2021 earnings of $0.32 per diluted share, up from $0.13 in Q3 2020, with non-GAAP earnings at $0.33. The company raised its Utility EPS guidance for 2021 to $1.26-$1.28, marking the third increase this year, and for 2022 to $1.36-$1.38. The capital plan has been increased to over $18 billion for five years and over $40 billion for ten years. CenterPoint aims for an 8% annual Utility EPS growth target from 2022 to 2024. The company reported $195 million income available to shareholders, amidst one-time governance costs and unfavorable weather impacting operations.
Enable Midstream Partners reported strong financial results for Q3 2021, achieving a net income of $116 million compared to a $164 million net loss in Q3 2020. Adjusted EBITDA climbed to $269 million, up $40 million year-over-year, and distributable cash flow (DCF) increased by $46 million to $193 million. The company maintained a distribution coverage ratio of 2.68x. The Gulf Run Pipeline project received all necessary approvals, with construction expected to begin early 2022. Enable is also nearing completion of its merger with Energy Transfer, anticipated by year-end 2021.
Enable Midstream Partners (NYSE: ENBL) announced a quarterly cash distribution of $0.16525 per common unit for Q3 2021, unchanged from the previous quarter. This distribution will be paid on Nov. 17, 2021, to unitholders of record by Nov. 8, 2021. Additionally, they declared a cash distribution of $0.5403 per Series A Preferred Unit for the same quarter, payable on Nov. 12, 2021, to unitholders of record by Oct. 26, 2021. Enable operates extensive natural gas and crude oil infrastructure, with over 14,000 miles of pipelines and significant processing capacity.
Enable Midstream Partners (NYSE: ENBL) will file its third quarter 2021 results before market hours on Monday, Nov. 1. Along with the Form 10-Q filing, the partnership will issue a press release detailing the quarter's results and recent business highlights.
Enable operates over 14,000 miles of natural gas, crude oil, and water gathering pipelines, boasting a processing capacity of approximately 2.6 Bcf/d and significant storage capabilities of 84.5 billion cubic feet.
CenterPoint Energy, Inc. (NYSE: CNP) will host an Analyst Day on September 23 at 9:00 AM CT to discuss its long-term financial outlook and business strategy, including net zero emissions targets. The event will be available via a live webcast on the company's website, alongside accompanying slides. A replay will be accessible within 24 hours post-event. As of June 30, 2021, CenterPoint serves over 7 million customers across multiple states with approximately $36 billion in assets and holds a 53.7% stake in Enable Midstream Partners (NYSE: ENBL).
Enable Midstream Partners (NYSE: ENBL) reported strong financial results for Q2 2021, with net income attributable to limited partners reaching $87 million, a $43 million increase year-over-year. Adjusted EBITDA rose to $251 million, up $27 million from Q2 2020. Net cash provided by operating activities was $190 million, representing a $79 million increase. Distributable cash flow (DCF) stood at $184 million, exceeding distributions by $112 million, marking a distribution coverage ratio of 2.56x. The Gulf Run Pipeline project has FERC approval, advancing construction plans.
Enable Midstream Partners, LP (NYSE: ENBL) announced a quarterly cash distribution of $0.16525 per unit on all common units for Q2 2021, unchanged from the previous quarter. This distribution will be paid on Aug. 24, 2021, to unitholders of record by Aug. 12, 2021. Additionally, a quarterly cash distribution of $0.5439 per unit on Series A Preferred Units was declared, payable on Aug. 13, 2021, to unitholders of record by July 30, 2021. Enable operates extensive natural gas and crude oil infrastructure assets, including around 14,000 miles of pipelines.
Enable Midstream Partners, LP (NYSE: ENBL) will release its second quarter 2021 results before market hours on Wednesday, August 4. This includes the Form 10-Q filing and a press release detailing quarterly results and business highlights. The partnership operates extensive natural gas and crude oil infrastructure, featuring approximately 14,000 miles of gathering pipelines and significant processing and storage capacities.
