EnLink Midstream, LLC (ENLC) shares are gaining on Wednesday morning trade after the company reported profit for the quarter, compared to net loss last year. Total revenues for the period more than doubled. The Dallas-based oil and gas midstream company also provided earnings outlook for 2022.
Looking ahead to 2022, the differentiated energy company expects net income in a range of $230-$310 million.
Currently, shares are at $8.86, up 6.42 percent from the previous close of $8.33 on a volume of 597,840. The shares have traded in a range of $3.85-$9.01 on average volume of 2,382,861.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.