EnLink Midstream (ENLC) Misses Q1 EPS by 2c

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EnLink Midstream Reports First Quarter 2015 Results

May 6, 2015 8:02 AM EDT

DALLAS--(BUSINESS WIRE)-- The EnLink Midstream companies, EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner), today reported results for the first quarter of 2015.

First Quarter 2015 EnLink Midstream Partners, LP Financial Results

The Partnership realized adjusted EBITDA of $129.9 million, net income from continuing operations of $35.0 million, net cash provided by operating activities of $170.6 million and distributable cash flow of $98.7 million for the first quarter of 2015. The Partnerships first quarter 2015 gross operating margin was $278.9 million and operating income was $50.8 million. Adjusted EBITDA, distributable... More