EnLink Midstream Provides Business Update on Hurricane Laura Impact
On August 28, 2020, EnLink Midstream (NYSE: ENLC) announced that the impacts of Hurricane Laura on its assets, finances, and operations are minimal. Notably, all employees are safe and accounted for. The company praised its team's rapid response to the storm, ensuring continuity in providing energy infrastructure services. EnLink operates extensive assets in Louisiana and along the Gulf Coast, including a major gas transmission pipeline system. The company remains committed to long-term value creation through its integrated asset platforms.
- All employees safe post-Hurricane Laura.
- Minimal impact on assets and operations from the storm.
- Effective team response to the critical event, ensuring business continuity.
- Ongoing provision of essential energy infrastructure services.
- None.
DALLAS, Aug. 28, 2020 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported today that storm-related impacts from Hurricane Laura on EnLink's assets, finances and operations are not expected to be significant, and, most importantly all employees are safe and accounted for.
"We are extremely thankful that our employees are safe, and I continue to be proud of how quickly and effectively our teams respond to critical events like this, preparing in advance to protect our people, communities and business continuity during difficult situations," said Barry E. Davis, EnLink Chairman and Chief Executive Officer. "Our team has done tremendous work to minimize the impacts of Hurricane Laura to our business operations, which has enabled us to continue providing essential energy infrastructure services in a safe and reliable manner."
EnLink operates a large network of assets in Louisiana and along the Gulf coast, including one of the largest gas transmission pipeline systems in Louisiana. In addition, EnLink owns and operates natural gas liquids fractionation, transportation, storage and distribution assets that connect the hub in Mont Belvieu, Texas to demand markets in southern Louisiana.
About the EnLink Midstream Companies
EnLink Midstream reliably operates a differentiated midstream platform that is built for long-term, sustainable value creation. EnLink's best-in-class services span the midstream value chain, providing natural gas, crude oil, condensate, and NGL capabilities. Our purposely built, integrated asset platforms are in premier production basins and core demand centers, including the Permian Basin, Oklahoma, North Texas, and the Gulf Coast. EnLink's strong financial foundation and commitment to execution excellence drive competitive returns and value for our employees, customers, and investors. Headquartered in Dallas, EnLink is publicly traded through EnLink Midstream, LLC (NYSE: ENLC). Visit www.EnLink.com to learn how EnLink connects energy to life.
Investor Relations: Kate Walsh, Vice President of Investor Relations and Tax, 214-721-9696, kate.walsh@enlink.com
Media Relations: Jill McMillan, Vice President of Strategic Relations & Public Affairs, 214-721-9271, jill.mcmillan@enlink.com
View original content to download multimedia:http://www.prnewswire.com/news-releases/enlink-midstream-provides-business-update-on-hurricane-laura-impact-301120542.html
SOURCE EnLink Midstream, LLC
FAQ
What is the impact of Hurricane Laura on EnLink Midstream's operations?
Are EnLink Midstream employees safe after Hurricane Laura?
What assets does EnLink Midstream operate in Louisiana?
When did EnLink Midstream release its update on Hurricane Laura?
What is the stock symbol for EnLink Midstream?
