Enable Midstream Announces Third Quarter 2020 Financial and Operating Results
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Enable Midstream Partners (ENBL) Misses Q3 EPS by 55c, Revenues Miss
November 4, 2020 6:08 AM ESTEnable Midstream Partners (NYSE: ENBL) reported Q3 EPS of ($0.40), $0.55 worse than the analyst estimate of $0.15. Revenue for the quarter came in at $596 million versus the consensus estimate of $716.54 million.
On track to achieve the capital and cost reductions announced earlier this yearAll wells that were shut-in due to depressed commodity prices have been brought back onlineRecontracted approximately 190,000 dekatherms per day (Dth/d) of transportation capacity during the quarter, bringing total transportation recontracting for 2020 to nearly... More