EnLink Midstream: 3Q Earnings Snapshot
DALLAS (AP) _ EnLink Midstream LLC (ENLC) on Wednesday reported third-quarter profit of $12.6 million.
On a per-share basis, the Dallas-based company said it had profit of 3 cents.
The results met Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was also for earnings of 3 cents per share.
The natural gas company posted revenue of $928.5 million in the period.
In the final minutes of trading on Wednesday, the company’s shares hit $2.61. A year ago, they were trading at $6.68.