Company Quick10K Filing
Enlink Midstream Partners
10-Q 2020-03-31 Filed 2020-05-08
10-K 2019-12-31 Filed 2020-02-26
10-Q 2019-09-30 Filed 2019-11-08
10-Q 2019-06-30 Filed 2019-08-07
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-02-20
10-Q 2018-09-30 Filed 2018-11-07
10-Q 2018-06-30 Filed 2018-08-01
10-Q 2018-03-31 Filed 2018-05-02
10-K 2017-12-31 Filed 2018-02-21
10-Q 2017-09-30 Filed 2017-11-01
10-Q 2017-06-30 Filed 2017-08-02
10-Q 2017-03-31 Filed 2017-05-03
10-K 2016-12-31 Filed 2017-02-15
10-Q 2016-09-30 Filed 2016-11-02
10-Q 2016-06-30 Filed 2016-08-03
10-Q 2016-03-31 Filed 2016-05-04
10-K 2015-12-31 Filed 2016-02-17
10-Q 2015-09-30 Filed 2015-11-04
10-Q 2015-06-30 Filed 2015-08-05
10-Q 2015-03-31 Filed 2015-05-06
10-K 2014-12-31 Filed 2015-02-20
10-Q 2014-09-30 Filed 2014-11-05
10-Q 2014-06-30 Filed 2014-08-06
10-Q 2014-03-31 Filed 2014-05-09
10-K 2013-12-31 Filed 2014-02-28
10-Q 2013-09-30 Filed 2013-11-08
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-09
10-K 2012-12-31 Filed 2013-03-01
10-Q 2012-09-30 Filed 2012-11-09
10-Q 2012-06-30 Filed 2012-08-07
10-Q 2012-03-31 Filed 2012-05-08
10-K 2011-12-31 Filed 2012-02-28
10-Q 2011-09-30 Filed 2011-11-04
10-Q 2011-06-30 Filed 2011-08-05
10-Q 2011-03-31 Filed 2011-05-06
10-K 2010-12-31 Filed 2011-02-25
10-Q 2010-09-30 Filed 2010-11-05
10-Q 2010-06-30 Filed 2010-08-06
10-Q 2010-03-31 Filed 2010-05-07
10-K 2009-12-31 Filed 2010-03-01
8-K 2019-10-09 Officers
8-K 2019-09-18 Officers, Exhibits
8-K 2019-08-06 Officers, Regulation FD, Exhibits
8-K 2019-04-04 Enter Agreement, Other Events, Exhibits
8-K 2019-03-08 Officers, Exhibits
8-K 2019-02-19 Earnings, Regulation FD, Exhibits
8-K 2019-01-31 Enter Agreement, Sale of Shares, Exhibits
8-K 2019-01-30 Regulation FD, Exhibits
8-K 2019-01-25 Officers
8-K 2019-01-25 Enter Agreement, Leave Agreement, M&A, Off-BS Arrangement, Shareholder Rights, Amend Bylaw, Exhibits
8-K 2019-01-23 Shareholder Vote, Other Events
8-K 2019-01-14 Regulation FD, Exhibits
8-K 2018-12-11 Enter Agreement, Off-BS Arrangement, Exhibits
8-K 2018-12-03 Regulation FD, Exhibits
8-K 2018-11-06 Earnings, Regulation FD, Exhibits
8-K 2018-10-22 Regulation FD, Other Events, Exhibits
8-K 2018-10-21 Enter Agreement, Other Events, Exhibits
8-K 2018-10-18 Regulation FD, Exhibits
8-K 2018-08-01 Officers
8-K 2018-07-31 Earnings, Regulation FD, Exhibits
8-K 2018-07-18 Regulation FD, Exhibits
8-K 2018-07-18 Regulation FD, Exhibits
8-K 2018-07-17 Control, Officers, Amend Bylaw, Exhibits
8-K 2018-06-20 Enter Agreement, Off-BS Arrangement, Officers, Regulation FD, Exhibits
8-K 2018-06-18 Regulation FD, Exhibits
8-K 2018-06-05 Control, Regulation FD, Exhibits
8-K 2018-05-01 Earnings, Regulation FD, Exhibits
8-K 2018-04-19 Regulation FD, Exhibits
8-K 2018-04-02 Regulation FD, Exhibits
8-K 2018-02-21 Other Events, Exhibits
8-K 2018-02-20 Earnings, Regulation FD, Exhibits
8-K 2018-02-08 Regulation FD, Exhibits
8-K 2018-02-06 Earnings, Regulation FD, Exhibits
8-K 2018-02-05 Regulation FD, Exhibits
8-K 2018-01-18 Regulation FD, Exhibits
8-K 2018-01-02 Officers, Regulation FD, Exhibits

Enlink Midstream Partners Financials

ENLK Metrics, Comps, Filings

Quarterly | Annual

Business

EnLink Midstream GP, LLC, a Delaware limited liability company, is our general partner. Our general partner manages our operations and activities. Our general partner is a direct, wholly-owned subsidiary of ENLC as successor-in-interest to EMI, which merged with and into ENLC on December 31, 2018. ENLC's units are traded on the NYSE under the symbol "ENLC." ENLC's managing member is a wholly-owned subsidiary of GIP.

Effective as of March 7, 2014, the Operating Partnership acquired (the "Acquisition") 50% of the outstanding equity interests in Midstream Holdings and all of the outstanding equity interests in EnLink Midstream Holdings GP, LLC, the general partner of Midstream Holdings. At the same time, EMI became a wholly-owned subsidiary of ENLC (together with the Acquisition, the "Business Combination"). In 2015, the Operating Partnership acquired the remaining 50% of the outstanding equity interests in Midstream Holdings.

Midstream Holdings was formerly a wholly-owned subsidiary of Devon, and it gathers, processes, and transports natural gas, primarily for Devon. Midstream Holdings also fractionates NGLs into component NGL products. Under the acquisition method of accounting, Midstream Holdings is considered the historical predecessor of our business because Devon obtained control of us through its control of ENLC and through the indirect acquisition of our general partner.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Equity

Income Statement ($BB Quarterly)

Revenue, G Profit, Net Income

Cash Flow ($BB Quarterly)

Ops, Inv, Fin

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Southcross Energy Partners (SXE) 7% -15.7 -18% 632 1 275 18 -114 -37 578
Shell Midstream Partners (SHLX) 0% 4.6 27% 2,019 2,776 519 0 550 550 2,525
Magellan Midstream Partners (MMP) 79% 4.9 9% 8,392 5,718 2,012 1,582 734 918 4,514
Plains GP Holdings (PAGP) 10% 2.3 10% 29,690 15,267 33,300 3,296 2,833 3,724 8,503
Enlink Midstream Partners (ENLK) 13% 13.0 -1% 9,417 6,956 883 -116 348 4,512
TC Pipelines (TCP) 7.0 8% 2,822 2,096 0 0 216 275 1,913
Plains All American Pipeline (PAA) 10% 2.2 11% 28,377 15,266 33,300 3,296 2,989 3,823 8,505
BP Midstream Partners (BPMP) 0% 2.2 24% 713 484 122 0 174 174 376
Delek Logistics Partners (DKL) 19% -0.0 12% 768 910 605 115 95 150 -6
CNX Midstream Partners (CNXM) 0% 2.6 11% 1,181 743 224 0 126 148 392
Buckeye Partners (BPL) 31% 3.9 9% 8,510 4,420 3,707 1,151 768 966 3,749
Summit Midstream Partners (SMLP) 60% 10.4 -0% 2,901 1,827 465 280 -4 134 1,388
American Midstream Partners (AMID) 13% 2.9 -0% 1,716 1,278 773 97 -7 157 451
Western Gas Partners (WES) 56% 6.6 4% 9,236 5,705 1,385 774 344 717 4,750
Western Gas Equity Partners (WGP) 55% 6.8 4% 12,178 8,843 2,023 1,120 518 1,118 7,613
DCP Midstream (DCP) 15% 11.7 1% 14,034 7,219 8,303 1,228 114 494 5,799
MPLX (MPLX) 0% 6.6 5% 41,281 22,421 7,270 0 2,125 2,884 19,149
Energy Transfer (ET) 27% 5.9 4% 91,856 70,938 40,493 10,886 3,549 7,853 46,639
Andeavor Logistics (ANDX) 46% 5.6 6% 10,550 6,016 2,496 1,139 658 949 5,275
Blueknight Energy Partners (BKEP) 0% -51.5 -12% 314 332 403 0 -37 -5 256

Balance Sheet ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash624213004200218024103482566106012151114231173664100058102
Accounts Receivable24231275646966827352524613976673138406848644724425078731981261047844
Inventory425930226111941395250
PP&E1,2181,6481,2511,3951,9751,5671,6911,7922,4574,0794,2664,3916,3575,3235,5505,5667,4246,1176,1606,1958,3816,3966,5126,5699,1206,6596,7636,8769,8146,9757,0247,084
Assets1,9441,9551,9232,3492,4232,4842,6412,6162,7597,8177,7847,9188,5939,3719,6198,7688,1168,9449,0419,0769,1539,0599,1369,4269,4149,4929,66010,0749,5719,5529,4249,417
Accounts Payable171416402626253018516734108693941333646446971576567861151311061038192
Long-Term Debt7887988539701,0469789661,0431,1301,6141,5751,7472,0222,4942,8272,8523,0903,1963,3503,2383,2823,4923,6663,5003,5003,8704,0204,2654,3504,3984,5384,614
Liabilities1,2931,3191,3341,3922,2202,1862,3272,6703,1913,5453,557
Stockholders' Equity1,0561,1651,3071,2255,5985,5985,5905,9226,1806,0755,211
Income Statement ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue07229248529959361,2741,1711,0668901,0331,1051,2251,3221,2641,3981,7561,7621,7802,1202,0581,7791,7101,408
Cost of Revenue7336677747541,0779678656848328861,0111,1061,0351,1551,4841,4911,4541,8171,3631,3001,000
Gross Profit191184221183197204201205201218214216229243273271326303301292289
R&D
SG&A14151516171816161815252332422734303329282935303029262939393238
Tax0001115102020-01111-32-23021011011-10
Net Income-3-132712418109-18558486523556-755-714-560519-29183329766511352-23066544
Cash Flow ($MM)2011-09-302011-12-312012-03-312012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating6011104145227711610916192171122216138189110153174158201174193238113258258254
Cash Investing-35-413940-250-138-90-117-212-200-576-462-203-109-323-911-172-177-69-214-192-136-179-222-231-241-186-156
Cash Financing-626409941387083220-1156346931655-9016672266-25-10253121-149-274145-116-13-55