- EnLink Midstream press release ( NYSE: ENLC ): Q4 GAAP EPS of $0.33 beats by $0.15 .
- Revenue of $2.05B (-8.5% Y/Y) misses by $1.34B .
- Generated adjusted EBITDA, net to EnLink, of $337.2 million and $1.285 billion for the fourth quarter of 2022 and full-year 2022,
- Grew full-year 2022 adjusted EBITDA 22% compared to 2021.
- Delivered $55.1 million of free cash flow after distributions for the fourth quarter of 2022, driven by strong operational results
- Repurchased $19 million par value of Series C Preferred Units in the fourth quarter.
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EnLink Midstream GAAP EPS of $0.33 beats by $0.15, revenue of $2.05B misses by $1.34B