EnLink Midstream (ENLC) Misses Q4 EPS Views

EnLink Midstream Reports Fourth Quarter and Full Year 2015 Results and 2016 Guidance

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 fourth quarter of and full-year 2015 and 2016 Guidance.

Fourth Quarter 2015 EnLink Midstream Partners, LP Financial Results

The Partnership realized adjusted EBITDA of $186.1 million and distributable cash flow of $148.8 million in the fourth quarter of 2015, compared with adjusted EBITDA of $122.0 million and distributable cash flow of $93.0 million in the fourth quarter of 2014.

The Partnership's net loss from continuing operations was $714.1 million and net cash... More

Devon Energy Announces Pending Retirements of Darryl Smette, EVP of Marketing, Facilities, Pipeline & Supply Chain, and Frank Rudolph, EVP of Human Resources; Tony Vaughn, EVP of E&P, Promoted

OKLAHOMA CITY--(BUSINESS WIRE)-- Devon Energy Corp. (NYSE: DVN) announced today that Darryl Smette, executive vice president of Marketing, Facilities, Pipeline & Supply Chain, and Frank Rudolph, executive vice president of Human Resources, both plan to retire in July. Additionally, the Company said that Tony Vaughn, executive vice president of Exploration and Production (E&P), is being promoted to chief operating officer.

In related moves, Tana Cashion, vice president of Human Resources, is being promoted to senior vice president of Human Resources, reporting to President and CEO Dave Hager, and Sue Alberti, senior... More