Private company
EnLink Midstream, LLC
ENLC is a Delaware limited liability company formed in October 2013.3 From its latest annual report
Last updated Oct 19, 2026.
Overview
- IndustryNatural Gas Transmission1
- HeadquartersDallas, Texas1
- Incorporated inDE2
- Business address1722 Routh Street, Suite 1300, Dallas, Tx 752012
- Filer categoryLarge accelerated filer2
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ENLC is a Delaware limited liability company formed in October 2013. EnLink Midstream, LLC common units are traded on the NYSE under the symbol “ENLC.” Our executive offices are located at 1722 Routh Street, Suite 1300, Dallas, Texas 75201, and our telephone number is (214) 953-9500. Our Internet address is www.enlink.com. We post the following filings in the “Investors” section of our website as soon as reasonably practicable after they are electronically filed with or furnished to the Commission: our Annual Reports on Form 10-K; our quarterly reports on Form 10-Q; our current reports on Form 8-K; and any amendments to those reports or statements filed or furnished pursuant to Section 13(a) or 15(d) of the Exchange Act. All such filings on our website are available free of charge. Additionally, filings are available on the Commission’s website (www.sec.gov).3 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Key numbers, fiscal 2023
Where the money goes
Where each dollar of revenue went, fiscal 2023
- Cost of revenue71¢$4.9B
- Other costs26¢$1.8B
- Income tax1¢$62.8M
- Profit3¢$206.2M
Out of $6.9B in revenue.4
Where each dollar of operating cash went, fiscal 2023
- Capital spending36¢$445.7M
- Share buybacks19¢$234.8M
- Kept or used elsewhere44¢$542.2M
Out of $1.2B of cash from operations.4
Financial statements
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.7B5 | $7.7B6 | $6.0B7 | $3.9B8 | $6.8B4 | $9.5B4 | $6.9B4 |
| Cost of revenue | $4.4B5 | $6.0B6 | $4.4B7 | $2.4B8 | $5.2B4 | $7.6B4 | $4.9B4 |
| Gross profit | $959.4M5 | $1.2B6 | $1.2B7 | $1.1B8 | $1.1B4 | $1.4B4 | $1.5B4 |
| Operating expenses | $6.3B4 | $8.9B4 | $6.2B4 | ||||
| Operating income | $294.4M5 | $153.8M6 | -$760.8M7 | $18.0M8 | $418.5M4 | $661.8M4 | $692.8M4 |
| Income before tax | $168.3M4 | $405.8M4 | $412.8M4 | ||||
| Income tax | -$196.8M5 | $18.2M6 | $6.9M7 | $143.2M8 | $25.4M4 | -$94.9M4 | $62.8M4 |
| Net income | $212.8M5 | -$13.2M6 | -$1.1B7 | -$421.5M8 | $22.4M4 | $361.3M4 | $206.2M4 |
| Earnings per share | $1.185 | -$0.076 | -$2.417 | -$0.868 | $0.054 | $0.764 | $0.454 |
| Earnings per share (diluted) | $1.175 | -$0.076 | -$2.417 | -$0.868 | $0.054 | $0.744 | $0.444 |
| Shares (weighted, basic) | 488.8M shares4 | 478.5M shares4 | 461.7M shares4 | ||||
| Shares (weighted, diluted) | 494.3M shares4 | 485.3M shares4 | 466.0M shares4 |
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash | $31.2M12 | $100.4M5 | $77.4M6 | $39.6M7 | $26.2M8 | $22.6M4 | $28.7M4 |
| Receivables | $94.9M8 | $89.2M4 | $85.9M4 | ||||
| Inventory | $49.4M8 | $147.1M4 | $46.4M4 | ||||
| Current assets | $808.7M12 | $1.0B5 | $644.4M6 | $651.4M7 | $920.4M8 | $982.8M4 | $838.3M4 |
| Property, plant and equipment | $6.4B8 | $6.6B4 | $6.4B4 | ||||
| Intangible assets | $1.0B8 | $921.2M4 | $793.6M4 | ||||
| Total assets | $10.5B12 | $10.7B5 | $9.3B6 | $8.6B7 | $8.5B8 | $8.7B4 | $8.3B4 |
| Accounts payable | $139.6M8 | $126.9M4 | $126.5M4 | ||||
| Short-term debt | $07 | $04 | $97.9M4 | ||||
| Current liabilities | $1.0B12 | $1.3B5 | $647.1M6 | $888.0M7 | $898.9M8 | $875.4M4 | $993.6M4 |
| Long-term debt | $3.5B12 | $4.0B5 | $4.8B6 | $4.2B7 | $4.4B8 | $4.7B4 | $4.5B4 |
| Shareholders’ equity | |||||||
| Shares outstanding | 180.1M shares13 | 180.9M shares14 | 486.6M shares12 | 488.4M shares5 | 490.0M shares6 | 484.0M shares7 | 470.6M shares8 |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
| Fiscal year | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|
| Cash from operations | $700.1M5 | $847.6M6 | $991.9M7 | $731.1M8 | $857.3M4 | $1.0B4 | $1.2B4 |
| Depreciation and amortization | $607.5M4 | $639.4M4 | $657.1M4 | ||||
| Stock-based compensation | $25.3M4 | $30.4M4 | $19.2M4 | ||||
| Capital spending | $790.8M5 | $843.1M6 | $754.9M7 | $302.2M8 | $184.0M4 | $332.5M4 | $445.7M4 |
| Free cash flow | -$90.7M | $4.5M | $237.0M | $428.9M | $673.3M | $716.8M | $777.0M |
| Cash from investing | -$231.4M4 | -$773.0M4 | -$440.5M4 | ||||
| Share buybacks | $06 | $07 | $1.2M8 | $40.1M4 | $175.0M4 | $234.8M4 | |
| Cash from financing | -$639.3M4 | -$279.9M4 | -$776.1M4 |
Leadership
Who has led EnLink Midstream, LLC, and when. Pick a name to see everywhere that person has worked.
Chief financial officer
Chief operating officer
- Chief executive officerJesse Arenivas Jun 22, 2022 to Jan 31, 202515
- Chief executive officerMichael Garberding Jan 3, 2018 to Mar 8, 201916
- Chief executive officerBarry E. Davis Mar 11, 2014 to Mar 22, 202217
- ChairBarry E. Davis Feb 23, 2017 to Mar 22, 202218
- PresidentMichael Garberding Oct 3, 2016 to Mar 8, 201919
- PresidentBarry E. Davis Mar 11, 2014 to Feb 23, 201617
- Chief financial officerBenjamin D. Lamb Jan 4, 2023 to Jan 31, 202520
- Chief financial officerPablo G. Mercado Jul 15, 2020 to Mar 22, 202221
- Chief financial officerEric David Batchelder Jan 3, 2018 to Jul 14, 202022
- Chief financial officerMichael Garberding Mar 11, 2014 to Nov 21, 201723
- Chief operating officerWalter Pinto Dec 8, 2022 to Jan 31, 202524
- Chief operating officerBenjamin D. Lamb Jul 20, 2018 to Aug 10, 202225
Board members and other officers (42)
- EVP and CCODilanka Seimon Aug 16, 2023 to Jan 31, 202526
- VP & Chief Accounting OfficerJan Philipp Rossbach Nov 5, 2020 to Jan 31, 202527
- EVP, CL&AO, & SecretaryAlaina K. Brooks Aug 3, 2018 to Aug 11, 202328
- Senior Vice PresidentStan Golemon Feb 12, 2015 to Feb 2, 201629
- SVP-Finance & Corporate Dev.Benjamin D. Lamb Dec 23, 2015 to Apr 2, 201830
- EVP, GC and SecretaryJoe A. Davis Mar 11, 2014 to Aug 19, 201431
- EVP & Business Unit PresidentMcMillan Hummel Mar 11, 2014 to Aug 3, 201832
- EVP & Business Unit PresidentSteven John Hoppe Mar 11, 2014 to Jan 24, 201833
- VP - Accounting and CAOSusan J. McAden Mar 11, 2014 to Mar 23, 202034
- Exec. Vice PresidentMichael Garberding Mar 18, 2014 to Aug 2, 201635
- Board memberPierce Norton Oct 24, 2024 to Oct 24, 202436
- Board memberWalter S. Hulse Iii. Oct 24, 2024 to Oct 24, 202437
- Board memberBenjamin M. Daniel Apr 15, 2022 to Apr 15, 202238
- Board memberJesse Arenivas Jun 22, 2022 to Jun 22, 202215
- Board memberTiffany J. Thom Dec 21, 2021 to Jan 31, 202539
- Board memberDeborah G. Adams Mar 10, 2020 to Jan 31, 202540
- Board memberRichard P. Schifter Dec 29, 2020 to Dec 29, 202041
- Board memberScott E. Telesz Dec 29, 2020 to Dec 29, 202042
- Board memberKyle D. Vann Jan 29, 2019 to Nov 21, 202243
- Board memberChristopher Ortega Feb 4, 2019 to Feb 4, 201944
- Board memberThomas Horton Aug 13, 2019 to Aug 13, 201945
- Board memberMichael Garberding Jan 3, 2018 to Mar 8, 201916
- Board memberR. Alan Marcum Jan 3, 2018 to Jan 3, 201846
- Board memberC. Harris Matthew Jul 30, 2018 to Mar 29, 202347
- Board memberWilliam A. Woodburn Jul 30, 2018 to Jul 30, 201848
- Board memberWilliam J. Brilliant Jul 30, 2018 to Jul 30, 201849
- Board memberJeffrey L. Ritenour Apr 27, 2017 to Apr 27, 201750
- Board memberKevin Dean Lafferty Apr 27, 2017 to Apr 27, 201751
- Board memberLyndon C. Taylor Jun 30, 2016 to Oct 24, 202452
- Board memberSue E. Alberti Jul 6, 2016 to Apr 27, 201753
- Board memberBarry E. Davis Mar 11, 2014 to Feb 23, 201617
- Board memberDarryl G. Smette Mar 11, 2014 to Jun 30, 201654
- Board memberDavid A. Hager Mar 11, 2014 to Mar 11, 201455
- Board memberJames C. Crain Mar 11, 2014 to Jul 6, 202156
- Board memberJohn Richels Mar 11, 2014 to Jun 30, 201657
- Board memberLeldon E. Echols Mar 11, 2014 to Jan 31, 202558
- Board memberMary P. Ricciardello Mar 11, 2014 to Mar 9, 201859
- Board memberRolf A. Gafvert Mar 11, 2014 to Jan 29, 201960
- Board memberThomas L. Mitchell Mar 11, 2014 to Apr 27, 201761
- Board memberGas Services L.p. Devon Mar 17, 2014 to Mar 17, 201462
- General counselAdam S. Forman Sep 20, 2023 to Jan 31, 202563
- General counselAlaina K. Brooks Feb 12, 2015 to Mar 15, 201864
Former names
- New Public Rangers, L.L.C.Nov 19, 2013 to Dec 23, 20132
Timeline
Filings
176 filings to the SEC since October 2021: 3 annual reports, 10 quarterly reports, 37 major events, 88 insider forms, 11 large holders, 27 other. The latest 20:
- May 9, 2025SCHEDULE 13G/A EDGAR
- Feb 13, 2025SCHEDULE 13G/A EDGAR
- Feb 10, 202515-15D EDGAR
- Feb 10, 202515-15D EDGAR
- Feb 10, 202515-12G EDGAR
- Jan 31, 2025S-8 POS S8-POS EDGAR
- Jan 31, 2025S-8 POS S8-POS EDGAR
- Jan 31, 2025S-8 POS S8-POS EDGAR
- Jan 31, 2025S-8 POS S8-POS EDGAR
- Jan 31, 2025POSASR EDGAR
- Jan 31, 20258-K CURRENT REPORT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
- Jan 31, 20254 OWNERSHIP DOCUMENT EDGAR
The 176 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Insider trades
14 open-market trades by officers, directors and large owners since October 2021: 0 buys and 14 sales. Grants, option exercises and gifts are left out.
| Date | Who | Trade | Shares | Price | Value | Filing |
|---|---|---|---|---|---|---|
| Oct 15, 2024 | Global Infrastructure GP III, L.P.10% owner | Sale | 200,340,753 | $14.90 | $3.0B | Form 4 |
| Feb 28, 2024 | Lamb Benjamin DEVP and CFO | Sale | 250,552 | $12.08 | $3.0M | Form 4 |
| Feb 23, 2024 | Rossbach Jan PhilippVP & Chief Accounting Officer | Sale | 50,000 | $12.32 | $616.0K | Form 4 |
| Aug 11, 2023 | Brooks Alaina KEVP, CL&AO, and Secretary | Sale | 35,023 | $12.00 | $420.3K | Form 4 |
| Aug 10, 2023 | Brooks Alaina KEVP, CL&AO, and Secretary | Sale | 40,210 | $12.05 | $484.5K | Form 4 |
| Aug 9, 2023 | Brooks Alaina KEVP, CL&AO, and Secretary | Sale | 131,586 | $12.13 | $1.6M | Form 4 |
| Aug 4, 2023 | Rossbach Jan PhilippVP & Chief Accounting Officer | Sale | 40,000 | $11.79 | $471.6K | Form 4 |
| Feb 21, 2023 | Lamb Benjamin DEVP and CFO | Sale | 210,000 | $11.38 | $2.4M | Form 4 |
| Feb 17, 2023 | Lamb Benjamin DEVP and CFO | Sale | 180,000 | $11.75 | $2.1M | Form 4 |
| Nov 18, 2022 | Vann Kyle DDirector | Sale | 13,500 | $12.16 | $164.2K | Form 4 |
| Aug 10, 2022 | Lamb Benjamin DEVP and CFO | Sale | 45,000 | $9.47 | $426.1K | Form 4 |
| Aug 9, 2022 | Lamb Benjamin DEVP and CFO | Sale | 148,917 | $9.36 | $1.4M | Form 4 |
| Aug 8, 2022 | Lamb Benjamin DEVP and CFO | Sale | 150,000 | $9.18 | $1.4M | Form 4 |
| Feb 23, 2022 | Vann Kyle DDirector | Sale | 10,000 | $8.26 | $82.6K | Form 4 |
From Forms 4 filed with the SEC.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- InvescoSCHEDULE 13G/A, 4 filings Feb 9, 2022 to May 9, 202565
- ALPS ADVISORS INCSCHEDULE 13G/A, 5 filings Feb 3, 2022 to Feb 13, 202566
- Global Infrastructure Investors III, LLCSC 13D/A, 2 filings Aug 30, 2024 to Oct 17, 202467
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 18SEC EDGARBarry E. Davis, Chair
- 19SEC EDGARMichael Garberding, President
- 20
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- 26SEC EDGARDilanka Seimon, EVP and CCO
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- 29SEC EDGARStan Golemon, Senior Vice President
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- 31SEC EDGARJoe A. Davis, EVP, GC and Secretary
- 32
- 33
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- 36SEC EDGARPierce Norton, Board member
- 37SEC EDGARWalter S. Hulse Iii., Board member
- 38SEC EDGARBenjamin M. Daniel, Board member
- 39SEC EDGARTiffany J. Thom, Board member
- 40SEC EDGARDeborah G. Adams, Board member
- 41SEC EDGARRichard P. Schifter, Board member
- 42SEC EDGARScott E. Telesz, Board member
- 43SEC EDGARKyle D. Vann, Board member
- 44SEC EDGARChristopher Ortega, Board member
- 45SEC EDGARThomas Horton, Board member
- 46SEC EDGARR. Alan Marcum, Board member
- 47SEC EDGARC. Harris Matthew, Board member
- 48SEC EDGARWilliam A. Woodburn, Board member
- 49SEC EDGARWilliam J. Brilliant, Board member
- 50SEC EDGARJeffrey L. Ritenour, Board member
- 51SEC EDGARKevin Dean Lafferty, Board member
- 52SEC EDGARLyndon C. Taylor, Board member
- 53SEC EDGARSue E. Alberti, Board member
- 54SEC EDGARDarryl G. Smette, Board member
- 55SEC EDGARDavid A. Hager, Board member
- 56SEC EDGARJames C. Crain, Board member
- 57SEC EDGARJohn Richels, Board member
- 58SEC EDGARLeldon E. Echols, Board member
- 59SEC EDGARMary P. Ricciardello, Board member
- 60SEC EDGARRolf A. Gafvert, Board member
- 61SEC EDGARThomas L. Mitchell, Board member
- 62
- 63SEC EDGARAdam S. Forman, General counsel
- 64SEC EDGARAlaina K. Brooks, General counsel
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