On the Record · EnLink Midstream Partners
EnLink Midstream Partners acquisitions, on the record
The businesses EnLink Midstream Partners bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
TOMPC LLC and TOM-STACK, LLCWord for word“On January 7, 2016, EnLink Oklahoma Gas Processing, LP (“EnLink Oklahoma T.O.”), an indirect subsidiary of ENLK, completed its acquisition of 100% of the issued and outstanding membership interests of TOMPC LLC and TOM-STACK, LLC.” 10-K for 2017 | acquisition | January 7, 2016 | — |
Howard Energy Partners (“HEP”)Word for word“In March 2017, we completed the sale of our ownership interest in HEP for net proceeds of $189.7 million.” 10-K for 2017 | divestiture | March 2017 | net proceeds of $189.7 million |
LPC Crude Oil Marketing LLC (“LPC”)Word for word“In January 2015, we acquired 100% of the voting equity interests of LPC Crude Oil Marketing LLC (“LPC”), which has crude oil gathering, transportation and marketing operations in the Permian Basin, for approximately $108.1 million.” 10-K for 2017 | acquisition | January 2015 | approximately $108.1 million |
Coronado Midstream Holdings LLC (“Coronado”)Word for word“In March 2015, we acquired 100% of the voting equity interests in Coronado Midstream Holdings LLC (“Coronado”), which owns natural gas gathering and processing facilities in the Permian Basin, for approximately $600.3 million.” 10-K for 2017 | acquisition | March 2015 | approximately $600.3 million |
VEX (VEX interests) from Devon in the VEX Drop DownWord for word“In April 2015, we acquired VEX, located in the Eagle Ford Shale in South Texas, together with 100% of the voting equity interests (the “VEX interests”) in certain entities, from Devon in a drop down transaction (the “VEX Drop Down”) for $166.7 million in cash and approximately $9.0 million in common units.” 10-K for 2017 | acquisition | April 2015 | $166.7 million in cash and approximately $9.0 million in common units |
a subsidiary of Matador Resources Company (“Matador”)Word for word“In October 2015, we acquired 100% of the voting equity interests in a subsidiary of Matador Resources Company (“Matador”), which has gathering and processing operations in the Delaware Basin, for approximately $141.3 million.” 10-K for 2017 | acquisition | October 2015 | approximately $141.3 million |
Apache’s 50% ownership interest in the Deadwood natural gas processing facilityWord for word“In November 2015, we acquired Apache’s 50% ownership interest in the Deadwood natural gas processing facility for approximately $40.1 million.” 10-K for 2017 | acquisition | November 2015 | approximately $40.1 million |
NTPL assetsWord for word“including an $11.5 million decrease due to the sale of the NTPL assets in December 2016.” 10-K for 2017 | divestiture | December 2016 | — |
Midstream HoldingsWord for word“In 2015, the Operating Partnership acquired the remaining 50% of the outstanding equity interests in Midstream Holdings.” 10-K for 2018 | acquisition | In 2015 | — |
LPC Crude Oil Marketing LLCWord for word“The ECP System includes assets that were acquired through the acquisition of LPC Crude Oil Marketing LLC in January 2015.” 10-K for 2018 | acquisition | in January 2015 | — |
HEP interestWord for word“In March 2017, we completed the sale of our ownership interest in HEP for net proceeds of $189.7 million.” 10-K for 2018 | divestiture | In March 2017 | $189.7 million |
NTPLWord for word“NTPL North Texas Pipeline, a pipeline in North Texas that the Operating Partnership sold in December 2016.” 10-K for 2018 | divestiture | December 2016 | — |
all outstanding equity interests in ENLK, ENLC, and managing member of ENLC (GIP Transaction; sale by Devon subsidiaries to GIP)Word for word“On July 18, 2018, subsidiaries of Devon closed a transaction to sell all of their equity interests in ENLK, ENLC, and the managing member of ENLC to GIP.” 10-K for 2018 | acquisition | On July 18, 2018 | — |
EMI and Acacia merged into ENLCWord for word“Merger of EMI and Acacia On December 31, 2018, EMI and Acacia merged with and into ENLC, with ENLC continuing as the surviving entity.” 10-K for 2018 | merger | On December 31, 2018 | — |
ENLK (Merger with NOLA Merger Sub)Word for word“On January 25, 2019, NOLA Merger Sub merged with and into ENLK with ENLK continuing as the surviving entity and a subsidiary of ENLC.” 10-K for 2018 | merger | On January 25, 2019 | — |
NOLA Merger Sub, LLCWord for word“On January 25, 2019, NOLA Merger Sub merged with and into ENLK with ENLK continuing as the surviving entity and a subsidiary of ENLC.” 10-K for 2019 | merger | On January 25, 2019 | — |
16.1% limited partner interest in EOGP held by ENLCWord for word“On January 31, 2019, ENLC transferred its 16.1 % limited partner interest in EOGP to the Operating Partnership in exchange for 55,827,221 ENLK common units, resulting in the Operating Partnership owning 100% of the limited partner interests in EOGP.” 10-K for 2019 | acquisition | On January 31, 2019 | 55,827,221 ENLK common units |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) |
|---|---|
| 2016-12-31 | $769.3 million |
| 2017-12-31 | $0 |
| 2018-12-31 | $0 |
Deal filings since 2016
- 2020-12-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-04-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-02-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-29 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-01-29 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-10-22 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-06-25 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-09-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-08-03 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-05-10 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-07-14 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-12 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
Read from EnLink Midstream Partners’s annual reports (10-K for 2019, 10-K for 2018, 10-K for 2017) and the financial data it files with the SEC, as of 2020-02-26. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.