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EnLink Midstream, LLC (NYSE:ENLC) shares traded higher premarket on Monday after it disclosed a merger deal with ONEOK, Inc. (NYSE:OKE) for $4.3 billion. As per the deal, each EnLink common unit ...
The company made two deals last year (buying Lotus Midstream for $1.5 billion last May and closing its $7.1 billion merger with fellow MLP Crestwood Equity Partners in November).
EnLink Midstream (ENLC) closed at $8.93 in the latest trading session, marking a -0.78% move from the prior day.
The stock of EnLink Midstream LLC (NYSE:ENLC, 30-year Financials) is believed to be significantly overvalued, according to GuruFocus Value calculation.
Reputable billionaire investors such as Jim Simons, Cliff Asness and David Tepper generate exorbitant profits for their wealthy accredited investors (a minimum of $1 million in investable assets ...
The move is expected to strengthen the Oklahoma company's presence in the Permian Basin and fit well with its existing assets in the region. Tulsa-based ONEOK acquires Medallion, EnLink interest ...
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Rating Action: Moody's rates EnLink Midstream, LLC's new notes Ba1Global Credit Research - 16 Aug 2022New York, August 16, 2022 -- Moody's Investors Service (Moody's) assigned a Ba1 rating to ...