AP NEWS
ADVERTISEMENT
Related topics

EnLink Midstream: 3Q Earnings Snapshot

November 4, 2020 GMT

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.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ENLC at https://www.zacks.com/ap/ENLC