Stratrix
On the Record · EnLink Midstream

EnLink Midstream acquisitions, on the record

The businesses EnLink Midstream 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

BusinessDealWhenValue
Amarillo Rattler, LLC
Word for word“On April 30, 2021, we completed the acquisition of Amarillo Rattler, LLC, the owner of a gathering and processing system located in the Midland Basin.” 10-K for 2021
acquisitionOn April 30, 2021—
Jefferson Island storage facility
Word for word“In December 2020, we acquired the Jefferson Island storage facility, which includes natural gas storage capacity that is connected to our extensive Louisiana natural gas system.” 10-K for 2021
acquisitionIn December 2020—
VEX assets
Word for word“a $15.8 million decrease on our South Texas assets primarily due to the expiration of an MVC provision in one of our contracts in July 2019 and the sale of the VEX assets in October 2020.” 10-K for 2021
divestitureOctober 2020—
non-core crude pipeline assets in South Texas
Word for word“For the year ended December 31, 2020, we recorded a $8.8 million loss on disposition of assets primarily related to the sale of our non-core crude pipeline assets in South Texas.” 10-K for 2021
divestitureFor the year ended December 31, 2020—
Crestwood Equity Partners LP gathering and processing assets in the Barnett Shale
Word for word“On July 1, 2022, we acquired all of the equity interest in the gathering and processing assets of Crestwood Equity Partners LP located in the Barnett Shale.” 10-K for 2022
acquisitionOn July 1, 2022—
Central Oklahoma gathering and processing assets
Word for word“On December 19, 2022, we acquired gathering and processing assets located in Central Oklahoma, including approximately 900 miles of lean and rich gas gathering pipeline and two processing plants with 280 MMcf/d of total processing capacity.” 10-K for 2022
acquisitionOn December 19, 2022—
ENLK (NOLA Merger Sub, LLC merged with and into ENLK)
Word for word“On January 25, 2019, NOLA Merger Sub, LLC (previously a wholly-owned subsidiary of ENLC) merged with and into ENLK with ENLK continuing as the surviving entity and a subsidiary of ENLC.” 10-K for 2022
mergerOn January 25, 2019—
Barnett Shale Acquisition assets
Word for word“On July 1, 2022, we completed the Barnett Shale Acquisition for a cash purchase price of $275.0 million plus working capital of $14.5 million.” 10-K for 2022
acquisitionOn July 1, 2022cash purchase price of $275.0 million plus working capital of $14.5 million
gathering and processing assets of Crestwood Equity Partners LP located in the Barnett Shale
Word for word“On July 1, 2022, we acquired all of the equity interest in the gathering and processing assets of Crestwood Equity Partners LP located in the Barnett Shale.” 10-K for 2023
acquisitionJuly 1, 2022—
gathering and processing assets located in Central Oklahoma
Word for word“On December 19, 2022, we acquired gathering and processing assets located in Central Oklahoma, including approximately 900 miles of lean and rich natural gas gathering pipeline and two processing plants with 280 MMcf/d of total processing capacity.” 10-K for 2023
acquisitionDecember 19, 2022—
remaining ORV assets in our Louisiana segment (sold to Blue Racer Midstream, LLC)
Word for word“On November 3, 2023, we sold our remaining ORV assets in our Louisiana segment to Blue Racer Midstream, LLC in exchange for cash consideration of approximately $9.8 million, subject to post-closing purchase price adjustments.” 10-K for 2023
divestitureOn November 3, 2023approximately $9.8 million
As filedReported in the company's financial data (XBRL), each linked to its filing
Fiscal year endedCash paid for acquisitions (net of cash acquired)Goodwill from acquisitions
2016-12-31$791.5 million—
2017-12-31$0—
2018-12-31$0—
2019-12-31$0$0
2020-12-31$32.3 million—
2021-12-31$56.7 million—
2022-12-31$390.3 million—
2023-12-31$0—

Deal filings since 2016

Read from EnLink Midstream’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-21. 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.