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EnLink Midstream Merges with ONEOK, Delists from NYSE
Company Announcements

EnLink Midstream Merges with ONEOK, Delists from NYSE

Story Highlights
  • EnLink Midstream Partners completed mergers with ONEOK, impacting obligations and market positioning.
  • EnLink’s units were converted into ONEOK shares, delisted from NYSE, and leadership changes occurred.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

EnLink Midstream ( (ENLC) ) has provided an announcement.

EnLink Midstream Partners, LP has undergone significant changes following mergers with ONEOK, completed on January 31, 2025. This includes the repayment and termination of its credit facility and restructuring of senior notes, with ONEOK assuming associated obligations. As a result, EnLink’s common units were delisted from NYSE and converted into ONEOK shares, impacting shareholders and the company’s market positioning. Additionally, the mergers led to a reorganization within ONEOK and changes in directorship at EnLink.

More about EnLink Midstream

YTD Price Performance: -1.47%

Average Trading Volume: 4,883,168

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $6.45B

For a thorough assessment of ENLC stock, go to TipRanks’ Stock Analysis page.

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