Does EnLink Midstream LLC Issue K-1?

Does EnLink Midstream LLC Issue K-1?

EnLink Midstream, L.P. is providing unitholders with online access to Schedule K-1 tax information. Click on “K-1 Information” below to access this information.

Who bought EnLink midstream?

Devon Energy
Devon Energy Completes Sale of Ownership Interests in EnLink Midstream.

What does EnLink midstream do?

EnLink Midstream Partners, LP operates as a midstream energy company. The Company gathers, transmits, processes, and markets natural gas, crude oil, and condensate, as well as operates gathering and transportation pipelines, processing plants, fractionators, barge, and rail terminals.

Is ENLC an MLP?

(DVN). EnLink Midstream is publicly traded through two entities: EnLink Midstream LLC (ENLC), the publicly traded general partner entity, and EnLink Midstream Partners LP (ENLK), the master limited partnership.

Is ENLC a limited partnership?

EnLink’s general partner [NYSE: ENLC] is acquiring all units of its master limited partnership [NYSE: ENLK] that it doesn’t already own, according to the deal announced Monday. EnLink said that 1.15 shares of its stock will be exchanged for one unit in the MLP.

Is EnLink midstream a MLP?

What is midstream gathering?

Midstream companies operate the pipeline and gathering or transmission facilities that move the gas from the well (upstream) to our homes and businesses (downstream). Midstream operations also treat the product, remove water or waste products, compress it and get it ready for various markets downstream.

How do midstream oil companies make money?

Midstream companies have an opportunity to make money along each link of the oil, gas, and NGL value chains, earning revenue via three primary means: fees, regulated tariffs, and commodity-based margins. Each part of the chain tends to use a preferred revenue-generating structure.

What is midstream infrastructure?

Midstream Infrastructure means all right, title and interest of the Pipeline JV Companies in and to the gathering systems, gas plants, pipelines and terminals described on Exhibit B.

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