PR Newswire

The newsfeed available here is provided by our content partner PR Newswire. This is one of the most important and widest-reaching press services, providing news, press releases and multimedia content to the media, journalists and the public.
The NewsWire Hub ("X-Billboard") currently comprises four of the most important international news sources and is supplemented by a stock market information service. The individual newswire services complement each other and provide a complementary range of information, more than three quarters of the official news sources on which editors worldwide base their stock market reporting. Your advantage: You will find everything here in one overview. You can navigate to the individual sections using the control elements. In the terminal view, you can carry out individual searches at company level.
System-State: Number of processed items 49.875 Notifications successully processed since Inception
PR Newswire is an important news source that can be accessed via the X-Billboard. It is part of the Newswire Hub, which bundles important international news sources for stock market participants in one central location. If you want to get a quick overview, you can easily scroll through the headlines. If you want to look at the news in more detail, you can use the detailed views of the info cards to directly access the respective news item and other analysis tools.
NEWS
EXPLORER
US29336T1007
State: 17.08.2024 | 11PM
Do you already know our new terminal view? Click here.
FIGI: BBG000F2SFN9
ENLC

EnLink Midstream, LLC
GICS: - · Sector: Energy · Sub-Sector: Oil & Gas Midstream
NAME
EnLink Midstream, LLC
ISIN
US29336T1007
TICKER
ENLC
MIC
XNYS
REUTERS
ENLC.N
BLOOMBERG
ENLC US
Fri, 13.12.2024       EnLink Midstream

NEW YORK, Dec. 13, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

Liberty Broadband Corporation (NASDAQ: LBRDA, LBRDK, LBRDP), relating to the proposed merger with Charter Communications, Inc. Under the terms of the agreement, Liberty Broadband common stockholders will receive 0.236 of a share of Charter common stock per share of Liberty Broadband common stock they own.
Thu, 12.12.2024       EnLink Midstream

NEW YORK, Dec. 12, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Cross Country Healthcare, Inc. (NASDAQ: CCRN)'s sale to Aya Healthcare for $18.61 per share in cash. If you are a Cross Country shareholder, click here to learn more about your legal rights and options.

Tue, 10.12.2024       EnLink Midstream

NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

EnLink Midstream, LLC (NYSE: ENLC), relating to the proposed merger with ONEOK. Under the terms of the agreement, each outstanding EnLink common unit will be converted into 0.1412 shares of ONEOK common stock.
Thu, 05.12.2024       EnLink Midstream

NEW YORK, Dec. 5, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Brightcove Inc. (NASDAQ: BCOV)'s sale to Bending Spoons for $4.45 per share in cash. If you are a Brightcove shareholder, click here to learn more about your legal rights and options.

Mon, 02.12.2024       EnLink Midstream

NEW YORK, Dec. 2, 2024 /PRNewswire/ -- Kuehn Law, PLLC, a shareholder litigation law firm, is investigating potential claims related to the below-listed proposed mergers. Kuehn Law may seek additional disclosures or other relief on behalf of the shareholders of these companies. 

Kuehn Law is investigating whether the Boards of the below companies 1) acted to maximize shareholder value, 2) failed to disclose material information, and 3) conducted a fair process: 

Thu, 28.11.2024       EnLink Midstream

NEW YORK, Nov. 27, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating:

Poseida Therapeutics, Inc. (NASDAQ: PSTX), relating to the proposed merger with Roche Holdings, Inc. Under the terms of the agreement, Poseida Therapeutics will be acquired at a price of $9.00 per share in cash at closing, plus a non-tradeable CVR to receive certain contingent payments of up to an aggregate of $4.00 per share.
Mon, 25.11.2024       EnLink Midstream

NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating EnLink Midstream, LLC (NYSE: ENLC), relating to the proposed merger with ONEOK. Under the terms of the agreement, each outstanding EnLink common unit will be converted into 0.1412 shares of ONEOK common stock.

Mon, 25.11.2024       EnLink Midstream

NEW YORK, Nov. 25, 2024 /PRNewswire/ -- Halper Sadeh LLC, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to:

Brightcove Inc. (NASDAQ: BCOV)'s sale to Bending Spoons for $4.45 per share in cash. If you are a Brightcove shareholder, click here to learn more about your legal rights and options.

Wed, 06.11.2024       EnLink Midstream

DALLAS, Nov. 6, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the third quarter of 2024.

Highlights

Reported net income of $43.1 million and net cash provided by operating activities of $260.1 million for the third quarter of 2024.Generated adjusted EBITDA, net to EnLink, of $345.0 million for the third quarter of 2024.Delivered $122.4 million of free cash flow after distributions (FCFAD) for the third quarter of 2024.Repurchased approximately $45.4 million[1] of common units in the third quarter of 2024. EnLink has repurchased approximately $145 million of common units through the first nine months of 2024.Contracted an additional 200,000 million British thermal units per day (MMBtu/d) of long-term transportation capacity delivering natural gas to end users in Louisiana.Subsequent to the quarter, EnLink continued to simplify its capital structure with the redemption of all remaining Series C preferred units.Subsequent to the ONEOK transaction closing, S&P Global Ratings upgraded EnLink's credit rating to "BBB" from "BBB-." EnLink remains on "Credit Watch Positive" at Fitch Ratings Inc. with a "BBB-" credit rating.
Tue, 22.10.2024       EnLink Midstream

DALLAS, Oct. 22, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that it will issue its third quarter earnings press release and post an investor presentation on its website at Investors.EnLink.com after market close on Wednesday, November 6, 2024.  

The company will not hold a conference call. All dates and times are subject to change.

About EnLink MidstreamHeadquartered in Dallas, EnLink Midstream (NYSE: ENLC) provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation for carbon capture and sequestration (CCS). Our large-scale, cash-flow-generating asset platforms are in premier production basins and core demand centers, including the Permian Basin, Louisiana, Oklahoma, and North Texas. EnLink is focused on maintaining the financial flexibility and operational excellence that enables us to strategically grow and create sustainable value. Visit www.EnLink.com to learn how EnLink connects energy to life.

Tue, 15.10.2024       EnLink Midstream

Changes reflect new ONEOK controlling interest 

DALLAS, Oct. 15, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced changes to the Board of Directors (Board) of EnLink Midstream Manager, LLC, the managing member of ENLC (EnLink Manager), following the October 15, 2024, closing of the transaction in which ONEOK, Inc. (NYSE: OKE) (ONEOK) acquired Global Infrastructure Partner's (GIP) entire 43% equity interest in ENLC and all of GIP's interest in EnLink Manager.

Tue, 15.10.2024       EnLink Midstream

Announces Expiration of HSR Act Waiting Period

Acquisition Expands and Extends Asset Positions in the Permian Basin, Mid-Continent, North Texas and Louisiana

TULSA, Okla., Oct. 15, 2024  /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the expiration of the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 (the "HSR Act") and the successful completion of its acquisition of Global Infrastructure Partners' (GIP) entire interest in EnLink Midstream, LLC (NYSE: ENLC) (EnLink), for a total cash consideration of approximately $3.3 billion.

Mon, 14.10.2024       EnLink Midstream

DALLAS, Oct. 14, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2024.

EnLink's Board of Directors declared a cash distribution of $0.1325 per common unit for the third quarter of 2024, which is unchanged from the second quarter 2024 distribution. The third quarter 2024 cash distribution will be paid on November 14, 2024, to unitholders of record on November 1, 2024.

Tue, 17.09.2024       EnLink Midstream

DALLAS, Sept. 17, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) ("ENLC") today announced that its subsidiary, EnLink Midstream Partners, LP ("ENLK"), gave the required notice pursuant to the Eleventh Amended and Restated Agreement of Limited Partnership of ENLK to optionally redeem all of ENLK's 6.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the "Series C Preferred Units") on September 17, 2024 (the "Redemption Date"). ENLC intends to fund the redemption and associated costs with borrowings under its revolving credit facility. The redemption price for the Series C Preferred Units will be $1,008.28 per Series C Preferred Unit, including accumulated and unpaid distributions to, but not including, the Redemption Date.

Thu, 29.08.2024       EnLink Midstream

Establishes fully integrated Permian Basin platform at scale

Expands and extends footprint in Mid-Continent, North Texas and Louisiana

Delivers immediate accretion to EPS and FCF supporting capital allocation strategy

Provides significant synergies through complementary asset positions

Maintains ONEOK's strong investment-grade credit ratings 

ONEOK intends to pursue a tax-free acquisition of the EnLink publicly held interests following the closing of this transaction

TULSA, Okla., Aug. 28, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") today announced that it has executed a definitive agreement with Global Infrastructure Partners ("GIP") under which ONEOK will acquire GIP's entire interest in EnLink Midstream, LLC (NYSE: ENLC) ("EnLink"), consisting of 43% of EnLink's outstanding common units for $14.90 per unit and 100% of the interests in the managing member for $300 million, for total cash consideration of approximately $3.3 billion. 

Tue, 13.08.2024       EnLink Midstream

DALLAS, Aug. 12, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (ENLC) today announced the pricing of $500.0 million aggregate principal amount of its 5.650% senior notes due 2034 at a price to the public of 99.618% of their face value. The sale of the senior notes is expected to settle on August 15, 2024, subject to the satisfaction of customary closing conditions. The senior notes will be fully and unconditionally guaranteed on a senior basis by EnLink Midstream Partners, LP (ENLK), a subsidiary of ENLC. ENLC intends to use the net proceeds from the offering for general limited liability company purposes, including to repay borrowings under the revolving credit facility and the accounts receivable securitization facility, a portion of which were incurred to purchase ENLK's outstanding Series B Cumulative Convertible Preferred Units on August 5, 2024.

Mon, 12.08.2024       EnLink Midstream

DALLAS, Aug. 12, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (ENLC) today announced its intention, subject to market conditions, to offer senior notes in an underwritten public offering. The senior notes will be fully and unconditionally guaranteed on a senior basis by EnLink Midstream Partners, LP (ENLK), a subsidiary of ENLC. ENLC intends to use the net proceeds from the offering for general limited liability company purposes, including to repay borrowings under the revolving credit facility and the accounts receivable securitization facility, a portion of which were incurred to purchase ENLK's outstanding Series B Cumulative Convertible Preferred Units on August 5, 2024. 

Tue, 23.07.2024       EnLink Midstream

DALLAS, July 23, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the second quarter of 2024 and announced it will host a webcast and conference call on Wednesday, August 7, at 8 a.m. Central time to discuss its second quarter 2024 earnings.

Second Quarter Distribution DeclarationEnLink's Board of Directors declared a cash distribution of $0.1325 per common unit for the second quarter of 2024, which is unchanged from the first quarter 2024 distribution. The second quarter 2024 cash distribution will be paid on August 14, 2024, to unitholders of record on August 2, 2024.

The information provided here is not subject to any editorial processing. It is prepared fully automatically and enriched with additional information and further research options. The aim of the content is to provide information seekers with the relevant information quickly and easily. A link back to the information provider and owner ensures that the data prepared here can be compared with the source information if required. The newsboard does not show information in real time. Please contact the exchange operator for this information if required. There is no claim to completeness. High availability cannot be guaranteed. If you notice any errors in the functionality, please let us know using the "Report a Bug" form below.

RAW DATA PROCESSING means that raw data is processed without changing the content. The data is supplemented to improve the interpretation of the information in terms of usability.

Note: The newswire cross-link panel at the top allows you to quickly and easily access additional sources of information. In the terminal view, the news is filtered at company level and enables targeted searches.


On behalf of the trading community, we would like to thank the operators of the trading venues for providing information services.