EnLink Midstream LLC
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EnLink Midstream LLC - overview
Established
2014
Location
Dallas, TX, US
Primary Industry
Oil & Gas
About
Based in the US, EnLink Midstream LLC focuses on providing midstream services such as transportation, processing, and storage of natural gas and crude oil, facilitating efficient energy resource distribution. EnLink Midstream LLC specializes in midstream services, intricately involved in the transportation and processing of natural gas and crude oil. Founded in 2014, the company is headquartered in Dallas, US. EnLink has raised a total of USD 750.
00 mn in funding, with Jesse Arenivas serving as the CEO. EnLink Midstream offers a comprehensive suite of midstream services, including the transportation, processing, and storage of natural gas, natural gas liquids (NGL), and crude oil. These services facilitate the efficient movement of energy resources from production to end users, addressing logistical challenges in energy distribution. EnLink serves a diverse clientele, including exploration and production companies, industrial manufacturers, and utilities, primarily focused on markets such as the Permian Basin, the Barnett Shale, and the Gulf Coast region.
EnLink Midstream generated revenue of USD 5,755. 60 mn in 2023, with an EBITDA of USD 1,349. 90 mn. The company’s revenue model is based on long-term contracts and fee-based agreements for transportation and processing services, which fluctuate based on market demand and throughput, ensuring a stable revenue stream through established contracts in operational areas.
Primary Industry
Oil & Gas
Sub Industries
Oil & Gas Transportation, Oil & Gas Equipment and Services, Natural Gas Utilities
Website
www.enlink.com/
Total Amount Raised
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EnLink Midstream LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | Howard Energy Partners | - | ||||||||
| Secondary Buyout | Completed | Chisholm Gas Processing Plant | - | ||||||||
| Secondary Buyout | Completed | Battle Ridge Gas Processing Plant | - | ||||||||
| Add-on, Trade Sale | Completed | Tall Oak Midstream, LLC | - | ||||||||
| Trade Sale | Completed | Howard Energy Partners | - |
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