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On Thursday, May 16, 2019, natural gas-focused midstream partnership Enable Midstream Partners, LP (ENBL) gave a presentation at the MLP & Energy Infrastructure Conference. As is usually the case for presentations of this type, the company spent a considerable amount of time discussing its position in the midstream industry as well as a few of the projects that it is working on in order to stimulate its forward growth. Perhaps somewhat curiously though, the company did not devote any effort to discuss some of the current fundamentals of the midstream industry, so I