EnLink Midstream, LLC
ENLCDelisted Jan 31, 2025- Industry
- Natural Gas Transmission
- SEC CIK
- 0001592000
EnLink Midstream, LLC was delisted on Jan 31, 2025; its insiders filed their last Form 4 on Jan 31, 2025; 215 institutions reported holding it in 13F filings for Q4 2024, worth $3.19B in total; Oaktree Capital was the only superinvestor holding it.
- Currency
- USD
- Source
- SEC XBRL data (10-K, 10-Q, 20-F, 40-F)
- Updated
- Oct 8, 2026, 1:38 PM ET
Income statement
Each column is one fiscal year, newest first.
| Line item | FY2023! | FY2022! | FY2021! | FY2020! | FY2019! |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 20, 2024 | Feb 14, 2023 | Feb 15, 2022 | Feb 16, 2021 | Jan 15, 2020 |
| Revenue | $6.90B | $9.54B | $6.69B | $3.89B | $6.05B |
| Cost of revenue | $4.86B | $7.57B | $5.19B | $2.39B | $4.39B |
| Gross profit | $1.49B | $1.44B | $1.13B | $1.13B | $1.19B |
| Selling, general and administrative | $115.5M | $125.2M | $107.8M | $103.3M | $152.6M |
| Operating income | $692.8M | $661.8M | $418.5M | $18.0M | -$760.8M |
| Income tax | $62.8M | -$94.9M | $25.4M | $143.2M | $6.90M |
| Net income | $206.2M | $361.3M | $22.4M | -$421.5M | -$1.12B |
| EPS, basic | $0.45 | $0.76 | $0.05 | $-0.86 | $-2.41 |
| EPS, diluted | $0.44 | $0.74 | $0.05 | $-0.86 | $-2.41 |
| Weighted shares, basic | 461.7M | 478.5M | 488.8M | – | – |
| Weighted shares, diluted | 466.0M | 485.3M | 494.3M | – | – |
| Margins and growth | |||||
| Gross margin | 21.5% | 15.1% | 16.9% | 29.1% | 19.7% |
| Operating margin | 10.0% | 6.9% | 6.3% | 0.5% | -12.6% |
| Net margin | 3.0% | 3.8% | 0.3% | -10.8% | -18.5% |
| Revenue growth, year over year | −27.7% | +42.7% | +71.7% | −35.7% | −21.4% |
| Net income growth, year over year | −42.9% | +1,512.9% | – | – | – |
Balance sheet
Each column is one fiscal year, newest first.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 20, 2024 | Feb 14, 2023 | Feb 15, 2022 | Feb 16, 2021 | Jan 15, 2020 |
| Cash and equivalents | $28.7M | $22.6M | $26.2M | $39.6M | $77.4M |
| Accounts receivable | $85.9M | $89.2M | $94.9M | $80.6M | $36.2M |
| Inventory | $46.4M | $147.1M | $49.4M | $44.9M | $43.4M |
| Total current assets | $838.3M | $982.8M | $920.4M | $651.4M | $644.4M |
| Property, plant and equipment | $6.41B | $6.56B | $6.39B | $6.65B | $7.08B |
| Goodwill | – | – | – | $0 | $184.6M |
| Intangible assets | $793.6M | $921.2M | $1.05B | $1.13B | $1.25B |
| Total assets | $8.33B | $8.65B | $8.48B | $8.55B | $9.34B |
| Accounts payable | $126.5M | $126.9M | $139.6M | $60.5M | $70.6M |
| Short-term debt | $97.9M | – | $0 | $349.8M | $0 |
| Total current liabilities | $993.6M | $875.4M | $898.9M | $888.0M | $647.1M |
| Long-term debt | $4.47B | $4.72B | $4.36B | $4.24B | $4.76B |
Cash flow statement
Each column is one fiscal year, newest first. Free cash flow is operating cash flow minus capital expenditures.
| Line item | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|
| Period end | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 |
| Filing | 10-K | 10-K | 10-K | 10-K | 10-K |
| Reported | Feb 20, 2024 | Feb 14, 2023 | Feb 15, 2022 | Feb 16, 2021 | Jan 15, 2020 |
| Operating cash flow | $1.22B | $1.05B | $857.3M | $731.1M | $991.9M |
| Capital expenditures | $445.7M | $332.5M | $184.0M | $302.2M | $754.9M |
| Free cash flow | $777.0M | $716.8M | $673.3M | $428.9M | $237.0M |
| Depreciation and amortization | $657.1M | $639.4M | $607.5M | $638.6M | $617.0M |
| Stock-based compensation | $19.2M | $30.4M | $25.3M | $28.4M | $39.4M |
| Share buybacks | $234.8M | $175.0M | $40.1M | $1.20M | – |
| Investing cash flow | -$440.5M | -$773.0M | -$231.4M | -$317.7M | -$741.5M |
| Financing cash flow | -$776.1M | -$279.9M | -$639.3M | -$451.2M | -$273.4M |
| Net change in cash | $6.10M | -$3.60M | -$13.4M | -$37.8M | -$23.0M |
| Ratio | |||||
| Stock-based compensation, % of revenue | 0.3% | 0.3% | 0.4% | 0.7% | 0.7% |
Shares outstanding
Common shares outstanding as stated on the cover of each 10-K and 10-Q. The date is the cover date, not the period end; a rising count means dilution.
| Cover date | Shares outstanding | Change in a year | Filing |
|---|---|---|---|
| Oct 31, 2024 | 457.1M | 0.0% | SEC |
| Aug 1, 2024 | 461.4M | 0.0% | SEC |
| Apr 25, 2024 | 451.3M | −3.2% | SEC |
| Feb 14, 2024 | 453.2M | −3.7% | SEC |
| Oct 26, 2023 | 456.9M | −3.5% | SEC |
| Jul 27, 2023 | 461.5M | −3.6% | SEC |
| Apr 27, 2023 | 466.0M | −3.5% | SEC |
| Feb 8, 2023 | 470.6M | −2.8% | SEC |
Notes and known gaps
How these numbers are put together, and what they can't tell you.
- Numbers come from the XBRL data in each period's original 10-K, 10-Q, 20-F or 40-F, or its amendment. They are shown as filed: later filings don't restate earlier periods here.
- Reported is the filing date of the first 8-K with Item 2.02 (results of operations) after the period ended, no later than the 10-Q or 10-K and within 120 days. Companies that release results only in the 10-Q, and foreign companies, which use Form 6-K, have none.
- A column marked ! failed an accounting identity (gross profit = revenue − cost of revenue, or assets = liabilities + equity, within 1%). Its numbers are shown as filed.
Known gaps
- Foreign companies that file Form 20-F or 40-F have annual statements only: their quarterly results are furnished on Form 6-K, which has no XBRL data.
- EPS and share counts are as reported at the time, not adjusted for later stock splits.
- For ADRs, EPS is per ordinary share, not per ADS (one TSMC ADS is five ordinary shares).
- For banks, revenue may be interest income only, depending on how the bank tags its filings; cost of revenue and gross profit are usually blank.
- Companies with several share classes, such as Berkshire Hathaway, may have no EPS and no cover share count.
- Depreciation and amortization is missing for some companies that report it under their own XBRL tags.