EnLink Midstream, LLC (ENLC) Income Statement Analysis

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Complete financial analysis of EnLink Midstream, LLC (ENLC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of EnLink Midstream, LLC, a leading company in the Oil & Gas Midstream industry within the Energy sector.

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EnLink Midstream, LLC (ENLC)

Industry: Oil & Gas Midstream

Sector: Energy

Website: https://www.enlink.com

About EnLink Midstream, LLC

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001
Revenue	6.88B	9.54B	6.69B	3.89B	6.05B	7.70B	5.74B	4.26B	4.44B	3.48B	1.94B	1.66B	2.01B	1.79B	1.46B	4.91B	3.86B	3.14B	3.03B	1.98B	1.01B	454.04M	388.97M
Cost of Revenue	5.51B	8.21B	5.80B	3.03B	5.01B	6.59B	4.91B	3.52B	3.63B	2.77B	1.69B	1.42B	1.75B	1.56B	1.26B	4.65B	3.60B	2.97B	2.93B	1.90B	971.74M	420.01M	362.83M
Gross Profit	1.37B	1.33B	888.50M	866.70M	1.04B	1.11B	832.80M	744.10M	810.10M	703.50M	257.04M	231.46M	263.39M	233.24M	200.83M	252.11M	255.82M	171.49M	105.75M	74.10M	41.93M	34.03M	26.14M
Gross Profit Ratio	19.86%	13.94%	13.29%	22.26%	17.24%	14.47%	14.51%	17.45%	18.23%	20.23%	13.22%	13.98%	13.08%	13.01%	13.76%	5.14%	6.63%	5.46%	3.49%	3.74%	4.14%	7.49%	6.72%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	115.50M	125.20M	107.80M	103.30M	152.60M	140.30M	128.60M	122.50M	136.90M	97.30M	79.99M	65.08M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	115.50M	125.20M	107.80M	103.30M	152.60M	140.30M	128.60M	122.50M	136.90M	97.30M	79.99M	65.08M	55.52M	51.17M	62.49M	74.52M	64.30M	47.71M	34.15M	22.20M	16.94M	7.70M	5.58M
Other Expenses	557.90M	524.90M	362.90M	373.80M	467.10M	600.00K	600.00K	300.00K	800.00K	-500.00K	1.60M	5.05M	180.87M	158.02M	177.99M	192.11M	165.90M	126.79M	72.05M	43.70M	28.58M	31.18M	7.76M
Operating Expenses	673.40M	650.10M	470.70M	477.10M	619.70M	593.70M	547.30M	521.00M	556.80M	375.50M	230.85M	195.97M	180.87M	158.02M	177.99M	192.11M	165.90M	126.79M	72.05M	43.70M	28.58M	31.18M	7.76M
Cost & Expenses	6.19B	8.86B	6.27B	3.50B	5.63B	7.18B	5.45B	4.04B	4.19B	3.15B	1.92B	1.62B	1.93B	1.72B	1.44B	4.85B	3.77B	3.10B	3.00B	1.95B	1.00B	451.19M	370.59M
Interest Income	0.00	500.00K	238.70M	223.30M	1.40M	2.90M	0.00	900.00K	5.40M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-952.00K	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	271.70M	238.10M	215.20M	223.30M	216.00M	182.30M	190.40M	137.00M	108.30M	49.80M	76.86M	86.52M	79.23M	87.03M	95.08M	74.86M	78.04M	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	657.10M	639.40M	607.50M	638.60M	617.00M	577.30M	545.30M	504.50M	387.30M	280.30M	140.29M	162.30M	125.36M	111.63M	129.81M	133.03M	111.57M	85.49M	37.20M	23.03M	13.54M	7.75M	6.21M
EBITDA	1.34B	1.32B	1.03B	1.03B	1.04B	1.10B	830.80M	-189.20M	-889.20M	661.80M	358.80M	205.43M	200.54M	166.98M	135.88M	142.31M	186.01M	130.18M	7.27M	53.44M	26.89M	10.60M	24.59M
EBITDA Ratio	19.44%	7.38%	6.24%	18.73%	26.57%	11.51%	4.66%	15.36%	15.01%	16.58%	12.36%	11.99%	10.32%	11.30%	10.46%	4.00%	4.82%	3.37%	0.24%	2.58%	0.64%	2.35%	6.28%
Operating Income	692.80M	64.60M	-190.40M	90.60M	991.20M	153.80M	294.40M	-674.50M	-1.30B	356.30M	-47.64M	34.83M	74.47M	73.91M	19.94M	28.75M	89.92M	44.70M	33.71M	30.40M	13.35M	2.85M	-1.95M
Operating Income Ratio	10.07%	0.68%	-2.85%	2.33%	16.38%	2.00%	5.13%	-15.82%	-29.30%	10.24%	-2.45%	2.10%	3.70%	4.12%	1.37%	0.59%	2.33%	1.42%	1.11%	1.54%	1.32%	0.63%	-0.50%
Total Other Income/Expenses	-280.00M	-256.00M	-250.20M	-190.40M	-231.90M	-168.40M	-171.20M	-209.10M	-82.10M	-28.20M	22.50M	-77.49M	-78.52M	-101.45M	-98.30M	-12.56M	-64.37M	-17.30M	50.13M	-16.55M	10.26M	-4.49M	174.00K
Income Before Tax	412.80M	405.80M	168.30M	-172.40M	-992.70M	-14.60M	123.20M	-883.60M	-1.38B	328.10M	-122.85M	-43.38M	-4.05M	-27.53M	-78.36M	-31.18M	12.57M	27.40M	79.18M	13.85M	23.61M	-1.64M	-1.77M
Income Before Tax Ratio	6.00%	4.25%	2.52%	-4.43%	-16.40%	-0.19%	2.15%	-20.72%	-31.15%	9.43%	-6.32%	-2.62%	-0.20%	-1.54%	-5.37%	-0.64%	0.33%	0.87%	2.61%	0.70%	2.33%	-0.36%	-0.46%
Income Tax Expense	62.80M	-94.90M	25.40M	143.20M	6.90M	18.20M	-196.80M	4.60M	25.70M	76.40M	-10.21M	-6.64M	-2.77M	-6.02M	-6.02M	2.41M	11.05M	11.12M	30.05M	5.15M	10.16M	-6.87M	22.30M
Net Income	206.20M	500.70M	142.90M	-315.60M	-999.60M	-13.20M	212.80M	-460.00M	-355.20M	126.00M	-29.64M	-12.48M	-6.01M	-11.65M	15.64M	24.23M	12.18M	16.46M	49.14M	8.70M	13.45M	5.23M	-3.92M
Net Income Ratio	3.00%	5.25%	2.14%	-8.11%	-16.51%	-0.17%	3.71%	-10.79%	-8.00%	3.62%	-1.52%	-0.75%	-0.30%	-0.65%	1.07%	0.49%	0.32%	0.52%	1.62%	0.44%	1.33%	1.15%	-1.01%
EPS	0.45	1.05	0.29	-0.65	-2.15	-0.07	1.18	-2.56	-2.16	0.55	-0.62	-0.26	-0.13	-0.25	0.33	0.52	0.26	0.39	1.29	0.24	0.94	0.20	-0.42
EPS Diluted	0.44	1.03	0.29	-0.65	-2.15	-0.07	1.17	-2.56	-2.16	0.55	-0.62	-0.26	-0.13	-0.25	0.33	0.51	0.26	0.39	1.26	0.22	0.37	0.15	-0.42
Weighted Avg Shares Out	461.70M	478.50M	488.80M	489.30M	463.90M	181.10M	180.34M	179.70M	164.20M	164.00M	47.76M	47.38M	47.15M	46.73M	46.48M	46.30M	45.99M	42.17M	37.96M	35.55M	10.46M	26.15M	9.40M
Weighted Avg Shares Out (Dil)	466.00M	485.30M	494.30M	489.30M	463.90M	188.57M	181.88M	179.70M	164.20M	164.30M	47.76M	47.38M	47.15M	46.73M	46.54M	46.59M	46.61M	42.67M	38.87M	38.70M	26.66M	34.86M	9.40M

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