An update from EnLink Midstream ( (ENLC) ) is now available.
On January 30, 2025, EnLink Midstream announced that its unitholders approved the acquisition by ONEOK, Inc. of the remaining publicly held common units of EnLink. Approximately 99.8% of the common units voted in favor of the transaction, and the acquisition is expected to close on January 31, 2025. This development signifies a consolidation in the midstream energy sector, potentially impacting EnLink’s market operations and its stakeholders as the company becomes a part of ONEOK.
More about EnLink Midstream
EnLink Midstream, headquartered in Dallas, provides integrated midstream infrastructure services for natural gas, crude oil, and natural gas liquids (NGLs).
YTD Price Performance: -1.26%
Average Trading Volume: 3,327,837
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $6.47B
For detailed information about ENLC stock, go to TipRanks’ Stock Analysis page.
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