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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 ...
These transactions share two common themes. ... The pipeline company closed its transformational $18.8 billion acquisition of MLP Magellan Midstream Partners last year. ... much like Oneok's ...
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.
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.
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EnLink Midstream, LLC ( NYSE:ENLC ) stock is about to trade ex-dividend in four days. You can purchase shares before...
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