Enlink Midstream Declares Distribution for the Fourth Quarter of 2022, Payable on February 13, 2023
January 18, 2023 at 10:03 pm
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EnLink Midstream, LLC announced that its board of directors declared a cash distribution of $0.125 per common unit for the fourth quarter of 2022, which represents an increase of approximately 11% from the third quarter 2022 distribution. The fourth quarter 2022 cash distribution will be paid on February 13, 2023, to unitholders of record on January 30, 2023.
EnLink Midstream, LLC provides integrated midstream infrastructure services for natural gas, crude oil, condensate, and NGLs, as well as CO2 transportation for carbon capture and sequestration (CCS). The Companyâs segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.