EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2023 Earnings

Rhea-AI Summary

EnLink Midstream declared a cash distribution of $0.125 per common unit for Q1 2023, unchanged from the previous quarter. This distribution will be paid on May 12, 2023, to unitholders on record as of April 28, 2023. The company will also hold a webcast and conference call on May 3, 2023, at 8 a.m. Central time, to discuss its earnings for the first quarter. The quarterly report and earnings press release will be available after market close on May 2, 2023. EnLink Midstream is committed to operational excellence and financial flexibility, focusing on natural gas and other midstream services across key U.S. production basins.

Positive

• Declared a stable cash distribution of $0.125 per common unit for Q1 2023.
• Scheduled a conference call for May 3, 2023, enhancing investor communication.

Negative

• No increase in distribution compared to previous quarter, indicating no growth.

DALLAS, April 18, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the first quarter of 2023 and announced it will host a webcast and conference call on Wednesday, May 3, at 8 a.m. Central time to discuss its first quarter 2023 earnings.

First Quarter Distribution Declaration
EnLink's Board of Directors declared a cash distribution of $0.125 per common unit for the first quarter of 2023, which is unchanged from the fourth quarter 2022 distribution. The first quarter 2023 cash distribution will be paid on May 12, 2023, to unitholders of record on April 28, 2023.

First Quarter 2023 Earnings Webcast Details
EnLink will host a webcast and conference call on Wednesday, May 3, at 8 a.m. Central time to discuss first quarter 2023 earnings. The conference call will be broadcast via an internet webcast, which can be accessed on the Investors page of EnLink's website Investors.EnLink.com. Interested parties can access an archived replay of the webcast on EnLink's website for at least 90 days following the event.

EnLink's quarterly report and earnings press release will be posted on the Investors page of EnLink's website at Investors.EnLink.com after market close on Tuesday, May 2.

All dates and times are subject to change. Any timing updates, along with participation instructions for the webcasts and conference calls, will be provided via press release prior to the event.

About EnLink Midstream
Headquartered in Dallas, EnLink Midstream (NYSE: ENLC) provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO₂ transportation for carbon capture and sequestration (CCS). Our large-scale, cash-flow-generating asset platforms are in premier production basins and core demand centers, including the Permian Basin, Louisiana, Oklahoma, and North Texas. EnLink is focused on maintaining the financial flexibility and operational excellence that enables us to strategically grow and create sustainable value. Visit www.EnLink.com learn how EnLink connects energy to life.

Investor Relations: Brian Brungardt, Director of Investor Relations, 214-721-9353, brian.brungardt@enlink.com
Media Relations: Megan Wright, Director of Corporate Communications, 214-721-9694, megan.wright@enlink.com

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SOURCE EnLink Midstream, LLC

FAQ

What is EnLink's distribution for Q1 2023?

EnLink declared a cash distribution of $0.125 per common unit for Q1 2023.

When will EnLink pay the distribution for Q1 2023?

The distribution will be paid on May 12, 2023, to unitholders of record on April 28, 2023.

When is EnLink's conference call for Q1 earnings?

EnLink's conference call will be held on May 3, 2023, at 8 a.m. Central time.

What will EnLink discuss during the May 3 conference call?

EnLink will discuss its earnings for the first quarter of 2023 during the conference call.