secwatch.observer — SEC 8-K summary
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Issuer:     EnLink Midstream, LLC (—)
CIK:        0001592000
Form:       8-K
Filed at:   2024-04-30T23:59:59+00:00
Accession:  0001104659-24-055023
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EnLink Q1 adj. EBITDA $337.7M (+4.3% YoY); launches Henry Hub to the River project
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- Net income $50.0M; adjusted EBITDA $337.7M (up 4.3% YoY); FCFAD $74.0M.
- Permian segment profit $89.0M (includes $9.3M plant relocation costs); Louisiana segment profit $110.4M (up 26% sequential ex-derivatives).
- Repurchased ~$50M of common units in Q1; on pace to complete $200M authorization.
- Henry Hub to the River project adds ~210 MMcf/d capacity; ~$70M capex, in-service Q4 2025.
- Debt-to-Adjusted EBITDA 3.3x; net cash from operations $293.3M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1592000/000110465924055023/0001104659-24-055023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1592000/000110465924055023/tm2413129d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-055023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer