ENLC - EnLink Midstream LLC representing Limited Partner Interests Stock Trading

By Brian Watson, CFA, Senior Portfolio Manager The master limited partnership ((MLP)) sector saw a series of acquisitions take place in December, from Blackstone (NYSE: BX) reaching an agreement with Tallgrass Energy (NYSE: TGE) to Energy Transfer (NYSE: ET) closing on the SemGroup (NY...

Until this week,  EnLink Midstream   (NYSE: ENLC) offered income-seeking investors a monster yield of more than 19%. However, as is often the case when dividend yields reach well into the double-digit percentages, that payout was too good to last. While the oil and gas indu...

EnLink Midstream (NYSE: ENLC ) +2.1% after-hours after unveiling a reduced capital spending plan for 2020 and a distribution cut it says will provide financial flexibility and contribute to excess free cash flow generation during H2 2020 and beyond. More news on: EnLink Midstream, LL...