EnLink Midstream, LLC Announces Quarterly Distributions, Payable on February 14, 2017
January 20, 2017 at 03:08 am IST
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The EnLink Midstream Companies announced quarterly distributions for EnLink Midstream, LLC for the fourth quarter of 2016. The quarterly distribution on common units will be $0.255 per common unit, which represents a flat distribution as compared to both the third quarter of 2016 and fourth quarter of 2015. The distribution is payable on February 14 to unitholders of record on January 31.
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.