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EnLink Midstream LLC (EnLink Midstream LLC) Revenue

: $6,879 Mil (TTM As of Dec. 2023)
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EnLink Midstream LLC's revenue for the three months ended in Dec. 2023 was $1,837 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was $6,879 Mil. EnLink Midstream LLC's Revenue per Share for the three months ended in Dec. 2023 was $4.00. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was $14.78.

Warning Sign:

EnLink Midstream LLC revenue per share has been in decline for the last 5 years.

During the past 12 months, the average Revenue per Share Growth Rate of EnLink Midstream LLC was -24.80% per year. During the past 3 years, the average Revenue per Share Growth Rate was 22.60% per year. During the past 5 years, the average Revenue per Share Growth Rate was -9.50% per year. During the past 10 years, the average Revenue per Share Growth Rate was -9.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, EnLink Midstream LLC's highest 3-Year average Revenue per Share Growth Rate was 81.60% per year. The lowest was -36.70% per year. And the median was -0.90% per year.


EnLink Midstream LLC Revenue Historical Data

The historical data trend for EnLink Midstream LLC's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EnLink Midstream LLC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Revenue
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6,038.50 3,915.80 6,845.00 9,527.80 6,879.40

EnLink Midstream LLC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,029.80 1,755.60 1,518.80 1,768.20 1,836.80

Competitive Comparison

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EnLink Midstream LLC Revenue Distribution

For the Oil & Gas industry and Energy sector, EnLink Midstream LLC's Revenue distribution charts can be found below:

* The bar in red indicates where EnLink Midstream LLC's Revenue falls into.



EnLink Midstream LLC Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $6,879 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


EnLink Midstream LLC  (NYSE:ENLC) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


EnLink Midstream LLC Revenue Related Terms

Thank you for viewing the detailed overview of EnLink Midstream LLC's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Traded in Other Exchanges
Address
1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201
EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.
Executives
Adam S Forman officer: EVP and General Counsel 1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Dilanka Seimon officer: EVP and CCO 1722 ROUTH STREET, DALLAS TX 75201
Alaina K Brooks officer: SVP, General Counsel 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Jan Philipp Rossbach officer: VP & Chief Accounting Officer 1722 ROUTH STREET, SUITE 1300, DALLAS TX 75201
Benjamin D Lamb officer: SVP-Finance & Corporate Dev. 2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Walter Pinto officer: EVP and COO 1722 ROUTH STREET, DALLAS TX 75201
Kyle D Vann director 11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jesse Arenivas director, officer: Chief Executive Officer 1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Benjamin M Daniel director 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Tiffany Thom Cepak director C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Goldman Sachs Group Inc 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Wsip Egypt Holdings, Lp 10 percent owner 200 WEST STREET, NEW YORK NY 10282
Richard P Schifter director 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Scott E Telesz director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Pablo G. Mercado, officer: EVP and CFO 920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024