=EnLink Midstream Partners (ENLK) reported earnings on Tue 31 Oct 2017 (a/h)

Update:  EnLink Midstream Partners, LP (ENLK) and EnLink Midstream, LLC (ENLC)

On January 25, 2019, EnLink closed its simplification transaction whereby ENLC acquired all common units of ENLK that it did not already own. According to the terms of the transaction, ENLK common unitholders received 1.15 ENLC units for each outstanding ENLK common unit.

EnLink will continue to trade on the New York Stock Exchange (NYSE) under the ticker symbol ENLC and the company name EnLink Midstream LLC. Upon closing, EnLink Midstream Partners LP (NYSE: ENLK) ceased trading.

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• Natural gas liquids company
• Founded: 1992
• Headquarters: Dallas, TX
• enlink.com

• Div/yield 0.39/10.19

EnLink Midstream Partners misses by $0.02, beats on revs; reaffirms full-year 2017 guidance 

• Reports Q3 (Sep) loss of $0.02 per share, $0.02 worse than the Capital IQ Consensus of ($0.00); revenues rose 26.6% year/year to $1.4 bln vs the $1.38 bln Capital IQ Consensus.
• Impacts from Hurricane Harvey on EnLink's assets, finances and operations were immaterial, and no significant one-time items impacted volumes or financial results for the third quarter of 2017.
• ENLK reaffirmed full-year 2017 net income guidance range of $116 million to $148 million. ENLK also reaffirmed full-year 2017 adjusted EBITDA guidance range of $840 million to $880 million, and the company expects to achieve full-year adjusted EBITDA around the mid-point of its guidance range. ENLK also reaffirmed its annualized fourth quarter of 2017 adjusted EBITDA guidance range of $925 million to $950 million.