EnLink Midstream Declares Quarterly Distributions for First Quarter 2016

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Go back to EnLink Midstream Declares Quarterly Distributions for First Quarter 2016

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April 25, 2016 8:43 AM EDT

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Simmons Raises Price Target on EnLink Midstream Partners (ENLK) to $17; Reiterates Overweight

April 21, 2016 8:19 AM EDT

Simmons reiterated an Overweight rating on EnLink Midstream Partners (NYSE: ENLK), and raised the price target to $17.00 (from $15.00), following Devon Energy's asset sale update. The various measures DVN has taken to preserve its financial position have reduced the potential need for DVN to use monetization of its ownership in ENLK as a financial support tool. Simmons believes that any further... More

EnLink Midstream (ENLC) Declares $0.255 Quarterly Dividend; 7.5% Yield

April 21, 2016 8:09 AM EDT

EnLink Midstream (NYSE: ENLC) declared a quarterly dividend of $0.255 per share, or $1.02 annualized.

The dividend will be payable on May 13, 2016, to stockholders of record on May 2, 2016, with an ex-dividend date of April 28, 2016.

The annual yield on the dividend is 7.5... More