EnLink Midstream: Q1 Earnings Snapshot
DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Tuesday reported a loss of $12.7 million in its first quarter.
The Dallas-based company said it had a loss of 3 cents per share.
The results missed Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 2 cents per share.
The natural gas company posted revenue of $1.25 billion in the period.
In the final minutes of trading on Tuesday, the company’s shares hit $4.57. A year ago, they were trading at $1.82.