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Private company

EnLink Midstream, LLC

EnLink Midstream, LLC is a delaware limited liability company formed in October 2013.1 It is headquartered in Dallas, Texas.1

Last updated Oct 21, 2026.

Overview

  • IndustryNatural Gas Transmission1
  • HeadquartersDallas, Texas1
  • Incorporated inDE2
  • Business address1722 Routh Street, Suite 1300, Dallas, Tx 752012
  • Filer categoryLarge accelerated filer2

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ENLC is a Delaware limited liability company formed in October 2013. EnLink Midstream, LLC common units are traded on the NYSE under the symbol “ENLC.” Our executive offices are located at 1722 Routh Street, Suite 1300, Dallas, Texas 75201, and our telephone number is (214) 953-9500. Our Internet address is www.enlink.com. We post the following filings in the “Investors” section of our website as soon as reasonably practicable after they are electronically filed with or furnished to the Commission: our Annual Reports on Form 10-K; our quarterly reports on Form 10-Q; our current reports on Form 8-K; and any amendments to those reports or statements filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act. All such filings on our website are available free of charge. Additionally, filings are available on the Commission’s website (www.sec.gov).4 From its latest annual report

Financials

From the company’s reports to the SEC. Every number links to the filing it came from.

Key numbers, fiscal 2023

21.6%Gross margin5
10.1%Operating margin5
3.0%Net margin5
-27.8%Revenue growth, 20235
$777.0MFree cash flow5

Where the money goes

Where each dollar of revenue went, fiscal 2023

  • Cost of revenue71¢$4.9B
  • Other costs26¢$1.8B
  • Income tax1¢$62.8M
  • Profit3¢$206.2M

Out of $6.9B in revenue.5

Where each dollar of operating cash went, fiscal 2023

  • Capital spending36¢$445.7M
  • Share buybacks19¢$234.8M
  • Kept or used elsewhere44¢$542.2M

Out of $1.2B of cash from operations.5

Financial statements

Revenue67895$6.9B in 2023+20% since 2017
0$2.5B$5.0B$7.5B$10.0B2017: $5.7B$5.7B20172018: $7.7B$7.7B2018+34%2019: $6.0B$6.0B2019−22%2020: $3.9B$3.9B2020−35%2021: $6.8B$6.8B2021+75%2022: $9.5B$9.5B2022+39%2023: $6.9B$6.9B2023−28%
Gross profit67895$1.5B in 2023+55% since 2017
0$500.0M$1.0B$1.5B2017: $959.4M$959.4M20172018: $1.2B$1.2B2018+29%2019: $1.2B$1.2B2019−4%2020: $1.1B$1.1B2020−5%2021: $1.1B$1.1B2021+0%2022: $1.4B$1.4B2022+27%2023: $1.5B$1.5B2023+3%
Operating income67895$692.8M in 2023+135% since 2017
-$1.0B-$500.0M0$500.0M$1.0B2017: $294.4M$294.4M20172018: $153.8M$153.8M2018−48%2019: -$760.8M-$760.8M20192020: $18.0M$18.0M20202021: $418.5M$418.5M2021+2225%2022: $661.8M$661.8M2022+58%2023: $692.8M$692.8M2023+5%
Net income67895$206.2M in 2023−3% since 2017
-$1.5B-$1.0B-$500.0M0$500.0M2017: $212.8M$212.8M20172018: -$13.2M-$13.2M20182019: -$1.1B-$1.1B2019+8380%2020: -$421.5M-$421.5M2020−62%2021: $22.4M$22.4M20212022: $361.3M$361.3M2022+1513%2023: $206.2M$206.2M2023−43%
Fiscal year2017201820192020202120222023
Revenue$5.7B6$7.7B7$6.0B8$3.9B9$6.8B5$9.5B5$6.9B5
Cost of revenue$4.4B6$6.0B7$4.4B8$2.4B9$5.2B5$7.6B5$4.9B5
Gross profit$959.4M6$1.2B7$1.2B8$1.1B9$1.1B5$1.4B5$1.5B5
Operating expenses$6.3B5$8.9B5$6.2B5
Operating income$294.4M6$153.8M7-$760.8M8$18.0M9$418.5M5$661.8M5$692.8M5
Income before tax$168.3M5$405.8M5$412.8M5
Income tax-$196.8M6$18.2M7$6.9M8$143.2M9$25.4M5-$94.9M5$62.8M5
Net income$212.8M6-$13.2M7-$1.1B8-$421.5M9$22.4M5$361.3M5$206.2M5
Earnings per share$1.186-$0.077-$2.418-$0.869$0.055$0.765$0.455
Earnings per share (diluted)$1.176-$0.077-$2.418-$0.869$0.055$0.745$0.445
Shares (weighted, basic)488.8M shares5478.5M shares5461.7M shares5
Shares (weighted, diluted)494.3M shares5485.3M shares5466.0M shares5

Compare EnLink Midstream, LLC with another company

Corporate structure

EnLink Midstream, LLC sits at the top of its group. 58 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

Major holders of EnLink Midstream, LLC

  • Invesco Filed SCHEDULE 13G/A on EnLink Midstream, LLC, latest May 9, 2025 (4 filings since Feb 9, 2022)
  • ALPS ADVISORS INC Filed SCHEDULE 13G/A on EnLink Midstream, LLC, latest Feb 13, 2025 (5 filings since Feb 3, 2022)
  • ONEOK Filed SCHEDULE 13D/A on EnLink Midstream, LLC, latest Jan 31, 2025 (3 filings since Oct 15, 2024)
  • Global Infrastructure Investors III, LLC Filed SC 13D/A on EnLink Midstream, LLC, latest Oct 17, 2024 (2 filings since Aug 30, 2024)
  • EnLink Midstream, LLC Dallas, Texas
    • Acacia Natural Gas, L.L.C. Subsidiary · Delaware, United States
    • Ascension Pipeline Company, LLC Subsidiary · Delaware, United States
    • Bridgeline Holdings, L.P. Subsidiary · Delaware, United States
    • Cedar Cove Midstream LLC Subsidiary · Delaware, United States
    • Coronado Midstream LLC Subsidiary · Texas, United States
    • Cowtown Gas Processing Partners L.P. Subsidiary · Texas, United States
    • Cowtown Pipeline Partners L.P. Subsidiary · Texas, United States
    • Delaware G&P LLC Subsidiary · Delaware, United States
    • Delaware Processing LLC Subsidiary · Delaware, United States
    • EnLink Barnett Gas Services GP, LLC Subsidiary · Delaware, United States
    • EnLink Barnett Gas Services, LLC Subsidiary · Delaware, United States
    • EnLink Calcasieu, LLC Subsidiary · Delaware, United States
    • EnLink CCS, LLC Subsidiary · Delaware, United States
    • EnLink Crude Marketing, LLC Subsidiary · Delaware, United States
    • EnLink Crude Pipeline, LLC Subsidiary · Delaware, United States
    • EnLink Delaware Crude Pipeline, LLC Subsidiary · Texas, United States
    • EnLink Energy GP, LLC Subsidiary · Delaware, United States
    • EnLink Gas Marketing, LP Subsidiary · Texas, United States
    • EnLink LIG Liquids, LLC Subsidiary · Louisiana, United States
    • EnLink LIG, LLC Subsidiary · Louisiana, United States
    • EnLink Louisiana Gathering, LLC Subsidiary · Louisiana, United States
    • EnLink Matli Holdings, LLC Subsidiary · Delaware, United States
    • EnLink Midcon Transport, LLC Subsidiary · Delaware, United States
    • EnLink Midcon, LLC Subsidiary · Delaware, United States
    • EnLink Midstream Finance Corporation Subsidiary · Delaware, United States
    • and 32 more

Built from subsidiaries listed in Exhibit 21 of annual reports filed with the SEC; major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

What it owns

What EnLink Midstream, LLC reports owning in its annual reports to the SEC: buildings, land and equipment, real estate and locations, investments, intangible assets and inventory, at the end of its latest fiscal year and a year before.

Property and equipment

ItemLatestA year beforeChange
Property and equipment, before depreciation$11.5B5 Dec 31, 2023$11.3B5 Dec 31, 2022+1.9%
Accumulated depreciation$5.1B5 Dec 31, 2023$4.8B5 Dec 31, 2022+7.6%
Property and equipment, net$6.4B5 Dec 31, 2023$6.6B5 Dec 31, 2022−2.3%
Operating-lease assets (leased space)$75.6M5 Dec 31, 2023$69.5M5 Dec 31, 2022+8.8%

Investments

ItemLatestA year beforeChange
Cash and cash equivalents$28.7M5 Dec 31, 2023$22.6M5 Dec 31, 2022+27.0%
Stakes in other companies (equity method)$150.5M5 Dec 31, 2023$90.2M5 Dec 31, 2022+66.9%

Intangibles and goodwill

ItemLatestA year beforeChange
Intangible assets, net (excluding goodwill)$793.6M5 Dec 31, 2023$921.2M5 Dec 31, 2022−13.9%
Accumulated amortization$1.1B5 Dec 31, 2023$923.6M5 Dec 31, 2022+13.8%

Inventory

ItemLatestA year beforeChange
Inventory, total$46.4M5 Dec 31, 2023$147.1M5 Dec 31, 2022−68.5%

Leadership

Who has led EnLink Midstream, LLC, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Barry E. Davis2014–2022
  2. Michael Garberding2018–2019
  3. Jesse Arenivas2022–2025

Chair

  1. Barry E. Davis2017–2022

President

  1. Barry E. Davis2014–2016
  2. Michael Garberding2016–2019

Chief financial officer

  1. Michael Garberding2014–2017
  2. Eric David Batchelder2018–2020
  3. Pablo G. Mercado2020–2022
  4. Benjamin D. Lamb2023–2025

Chief operating officer

  1. Benjamin D. Lamb2018–2022
  2. Walter Pinto2022–2025
201520202025
Board members and other officers (42)

Subsidiaries and ownership

Subsidiaries (Exhibit 21)

  • Acacia Natural Gas, L.L.C. Delaware3
  • Ascension Pipeline Company, LLC Delaware3
  • Bridgeline Holdings, L.P. Delaware3
  • Cedar Cove Midstream LLC Delaware3
  • Coronado Midstream LLC Texas3
  • Cowtown Gas Processing Partners L.P. Texas3
  • Cowtown Pipeline Partners L.P. Texas3
  • Delaware G&P LLC Delaware3
  • Delaware Processing LLC Delaware3
  • EnLink Barnett Gas Services GP, LLC Delaware3
  • EnLink Barnett Gas Services, LLC Delaware3
  • EnLink CCS, LLC Delaware3
  • EnLink Calcasieu, LLC Delaware3
  • EnLink Crude Marketing, LLC Delaware3
  • EnLink Crude Pipeline, LLC Delaware3
  • EnLink Delaware Crude Pipeline, LLC Texas3
  • EnLink Energy GP, LLC Delaware3
  • EnLink Gas Marketing, LP Texas3
  • EnLink LIG Liquids, LLC Louisiana3
  • EnLink LIG, LLC Louisiana3
  • EnLink Louisiana Gathering, LLC Louisiana3
  • EnLink MXP Holding, LLC Delaware3
  • EnLink Matli Holdings, LLC Delaware3
  • EnLink Midcon Transport, LLC Delaware3
All 57 listed subsidiaries
  • EnLink Midcon, LLC Delaware3
  • EnLink Midstream Finance Corporation Delaware3
  • EnLink Midstream Funding, LLC Delaware3
  • EnLink Midstream GP, LLC Delaware3
  • EnLink Midstream Holdings GP, LLC Delaware3
  • EnLink Midstream Holdings, LP Delaware3
  • EnLink Midstream Operating GP, LLC Delaware3
  • EnLink Midstream Operating, LP Delaware3
  • EnLink Midstream Partners, LP Delaware3
  • EnLink Midstream Services, LLC Texas3
  • EnLink NGL Marketing, LP Texas3
  • EnLink NGL Pipeline, LP Texas3
  • EnLink Nominee, LLC Delaware3
  • EnLink North Texas Gathering, LP Texas3
  • EnLink Oklahoma Crude Gathering, LLC Delaware3
  • EnLink Oklahoma Gas Processing, LP Delaware3
  • EnLink Pelican, LLC Delaware3
  • EnLink Permian II, LLC Texas3
  • EnLink Permian, LLC Texas3
  • EnLink Processing Services, LLC Delaware3
  • EnLink SE Texas Crude Pipeline, LLC Delaware3
  • EnLink Texas NGL Pipeline, LLC Texas3
  • EnLink Texas Processing, LP Texas3
  • EnLink Tuscaloosa, LLC Louisiana3
  • Gulf Coast Fractionators Texas3
  • Jefferson Island Storage & Hub, L.L.C. Delaware3
  • Redcliff Midstream, LLC Delaware3
  • SWG Pipeline, L.L.C. Texas3
  • Sabine Ethane, LLC Delaware3
  • Sabine Hub Services LLC Delaware3
  • Sabine Pass Plant Facility Joint Venture Texas3
  • Sabine Pipe Line LLC Delaware3
  • TOM-STACK, LLC Delaware3

The subsidiaries the company lists in Exhibit 21 of its annual report, as filed.

Former names

  • New Public Rangers, L.L.C.Nov 19, 2013 to Dec 23, 20132

Timeline

  1. Jan 31, 20258-K Entered a material agreement; Ended a material agreement; Completed an acquisition or sale66
  2. Jan 30, 20258-K Shareholder vote; Regulation FD disclosure67
  3. Jan 22, 20258-K Other events68
  4. Jan 10, 20258-K Executive or director change69
  5. Dec 26, 20248-K Ended a material agreement; New debt or obligation70
  6. Nov 25, 20248-K Entered a material agreement; Regulation FD disclosure71
  7. Nov 6, 20248-K Results of operations; Regulation FD disclosure72
  8. Oct 15, 20248-K Change in control; Executive or director change; Bylaws or fiscal year changed73
  9. Sep 16, 20248-K Entered a material agreement; Ended a material agreement; New debt or obligation74
  10. Aug 29, 20248-K Change in control75
  11. Aug 15, 20248-K Entered a material agreement; New debt or obligation; Other events76
  12. Aug 6, 20248-K Results of operations; Regulation FD disclosure77
  13. Jun 22, 2022New chief executive Jesse Arenivas becomes CEO16
  14. Jan 3, 2018New chief executive Michael Garberding becomes CEO17
  15. Mar 11, 2014New chief executive Barry E. Davis becomes CEO18

Calendar

When it reported results

  1. Nov 6, 2024Reported quarterly or annual results72
  2. Aug 6, 2024Reported quarterly or annual results77
  3. Apr 30, 2024Reported quarterly or annual results78
  4. Feb 20, 2024Reported quarterly or annual results79
  5. Oct 31, 2023Reported quarterly or annual results80
  6. Aug 1, 2023Reported quarterly or annual results81
  7. May 2, 2023Reported quarterly or annual results82
  8. Feb 14, 2023Reported quarterly or annual results83

Upcoming dates from Nasdaq's calendar; past results from the company's 8-K filings (Item 2.02). The full markets calendar

Filings

179 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 37 major events, 88 insider forms, 14 large holders, 27 other. The latest 20:

  1. May 9, 2025SCHEDULE 13G/A EDGAR
  2. Feb 13, 2025SCHEDULE 13G/A EDGAR
  3. Feb 10, 202515-15D EDGAR
  4. Feb 10, 202515-15D EDGAR
  5. Feb 10, 202515-12G EDGAR
  6. Jan 31, 2025S-8 POS S8-POS EDGAR
  7. Jan 31, 2025S-8 POS S8-POS EDGAR
  8. Jan 31, 2025S-8 POS S8-POS EDGAR
  9. Jan 31, 2025S-8 POS S8-POS EDGAR
  10. Jan 31, 2025POSASR EDGAR
  11. Jan 31, 2025SCHEDULE 13D/A EDGAR
  12. Jan 31, 20258-K CURRENT REPORT EDGAR
  13. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  14. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  15. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  16. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  17. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  18. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  19. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
  20. Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR

The 179 filings since October 2021 can be filtered by form type and year here when JavaScript is on.

Every filing from the last five years, summarized. The full record is on SEC EDGAR.

Insider trades

14 open-market trades by officers, directors and large owners since October 2021: 0 buys and 14 sales. Grants, option exercises and gifts are left out.

DateWhoTradeSharesPriceValueFiling
Oct 15, 2024Global Infrastructure GP III, L.P.10% ownerSale200,340,753$14.90$3.0BForm 4
Feb 28, 2024Lamb Benjamin DEVP and CFOSale250,552$12.08$3.0MForm 4
Feb 23, 2024Rossbach Jan PhilippVP & Chief Accounting OfficerSale50,000$12.32$616.0KForm 4
Aug 11, 2023Brooks Alaina KEVP, CL&AO, and SecretarySale35,023$12.00$420.3KForm 4
Aug 10, 2023Brooks Alaina KEVP, CL&AO, and SecretarySale40,210$12.05$484.5KForm 4
Aug 9, 2023Brooks Alaina KEVP, CL&AO, and SecretarySale131,586$12.13$1.6MForm 4
Aug 4, 2023Rossbach Jan PhilippVP & Chief Accounting OfficerSale40,000$11.79$471.6KForm 4
Feb 21, 2023Lamb Benjamin DEVP and CFOSale210,000$11.38$2.4MForm 4
Feb 17, 2023Lamb Benjamin DEVP and CFOSale180,000$11.75$2.1MForm 4
Nov 18, 2022Vann Kyle DDirectorSale13,500$12.16$164.2KForm 4
Aug 10, 2022Lamb Benjamin DEVP and CFOSale45,000$9.47$426.1KForm 4
Aug 9, 2022Lamb Benjamin DEVP and CFOSale148,917$9.36$1.4MForm 4
Aug 8, 2022Lamb Benjamin DEVP and CFOSale150,000$9.18$1.4MForm 4
Feb 23, 2022Vann Kyle DDirectorSale10,000$8.26$82.6KForm 4

From Forms 4 filed with the SEC.

Major holders

Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.

SEC filer profile

How EnLink Midstream, LLC is registered with the Securities and Exchange Commission, from its EDGAR record and the cover page of its latest annual report.

  • Name on EDGAREnLink Midstream, LLC1
  • CIK0001592000
  • Filer statusLarge accelerated filer1
  • Incorporated inDelaware1
  • Fiscal year endsDecember 311
  • Industry code (SIC)4922 Natural Gas Transmission1
  • SEC reviewing officeOffice of Energy & Transportation, Division of Corporation Finance1
  • Business address1722 Routh Street, Suite 1300, Dallas, TX 752011
  • Phone(214) 953-95001
  • Shares outstanding457,073,081 as of Oct 31, 202412
  • Public float$2.6B as of Jun 30, 20235
  • On EDGAR sinceNov 19, 20131
  • Filings829 in all: 4 (343), 8-K (237), 3 (53), 10-Q (33), 425 (25), SC 13G/A (16), UPLOAD (14), CORRESP (12)1
    All 39 form types

    10-K (11), SC 13D/A (10), 4/A (7), 144 (6), SC 13D (6), POSASR (4), S-3ASR (4), S-4/A (4), S-8 (4), S-8 POS (4), SC 13G (4), 424B5 (3), DEF 14C (3), 15-15D (2), 424B2 (2), 424B3 (2), CT ORDER (2), EFFECT (2), FWP (2), S-4 (2), SCHEDULE 13G/A (2), 15-12G (1), 25-NSE (1), 424B7 (1), 8-A12B (1), 8-K/A (1), CERTNYS (1), DEFM14A (1), DEFM14C (1), SCHEDULE 13D/A (1), SD (1)

  • Latest filingsAnnual report (10-K) Feb 21, 2024
    Quarterly report (10-Q) Nov 8, 2024
    Latest 8-K (8-K) Jan 31, 2025

Sources

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