| Tortoise Capital Announces Tortoise MLP Index, Tortoise North American Pipeline Index, and Tortoise Decarbonization Infrastructure Index Constituent Changes Due to Corporate Action |
OVERLAND PARK, KS / ACCESS Newswire / January 30, 2025 / Tortoise Capital today announced that EnLink Midstream, LLC (NYSE:ENLC) will be removed from the Tortoise MLP Index ® (TMLP), the Tortoise North American Pipeline IndexSM (TNAP), and the Tortoise Decarbonization Infrastructure IndexSM (DCRBN) as a result of its announced acquisition by ONEOK Inc. As a result, ENLC will be removed from the indices at market open on Jan. 31, 2025. ENLC will be removed from the Tortoise MLP Index ® (TMLP) with a special rebalance. |
accessnewswire.com |
2025-01-30 21:00:00 |
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| EnLink Unitholders Approve ONEOK Acquisition of Remaining Public Units |
Transaction Expected to Close on Jan. 31, 2025 TULSA, Okla. , Jan. 30, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that EnLink unitholders approved ONEOK's previously announced acquisition of the remaining publicly held common units of EnLink. |
prnewswire.com |
2025-01-30 17:12:00 |
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| Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend EnLink Unitholders Vote "FOR" Pending ONEOK Acquisition |
TULSA, Okla. , Jan. 22, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis), have recommended that EnLink unitholders vote in favor of ONEOK's pending acquisition of the remaining publicly held common units of EnLink at the upcoming Special Meeting of EnLink Unitholders (the "Special Meeting"). |
prnewswire.com |
2025-01-22 18:05:00 |
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| 3 Oil Stocks to Buy Right Away on Trump 2.0's Inaugural Speech |
Buy oil-related stocks like BTY, CNX and ENLC for steady returns as the focus shifts to the incoming Trump administration's energy policies. |
zacks.com |
2025-01-21 11:10:30 |
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| Definitive Proxy Statement Filed in Connection with ONEOK's Pending Acquisition of the Remaining Publicly Held Common Units of EnLink Midstream |
Special Meeting of EnLink Unitholders Set for Jan. 30, 2025 EnLink's Board of Directors Recommends Unitholders Vote "FOR" All Proposals at the Special Meeting ONEOK Will Vote its EnLink Units "FOR" All Proposals TULSA, Okla. , Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced the filing of EnLink's definitive proxy materials with the U.S. Securities and Exchange Commission (the "SEC") in connection with ONEOK's pending acquisition of the remaining publicly held common units of EnLink. |
prnewswire.com |
2024-12-31 09:28:00 |
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| ENLC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EnLink Midstream, LLC Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EnLink Midstream, LLC (NYSE: ENLC) to ONEOK, Inc. for 0.1412 shares of ONEOK common stock for each common unit of EnLink is fair to EnLink shareholders. Halper Sadeh encourages EnLink shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investiga. |
businesswire.com |
2024-12-28 16:39:00 |
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| ONEOK Finishes The Job In Picking Up EnLink Midstream |
ONEOK's stock dropped 5% after announcing a $4.3 billion all-stock acquisition of the remaining 57% of EnLink Midstream, a move anticipated by the market. Despite recent gains, ONEOK still warrants a marginal 'buy' rating due to expected synergies and significant cash flows from recent acquisitions. ONEOK's valuation is mid-tier compared to peers, but its low net leverage ratio and focus on dividends and buybacks make it a quality prospect. |
seekingalpha.com |
2024-11-27 08:37:20 |
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| SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EnLink Midstream, LLC - ENLC |
NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating EnLink Midstream, LLC (NYSE: ENLC ), relating to the proposed merger with ONEOK. |
prnewswire.com |
2024-11-25 19:58:00 |
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| Shareholder Alert: Ademi LLP Investigates Whether EnLink Midstream, LLC Is Obtaining a Fair Price for its Public Unitholders |
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating EnLink (NYSE: ENLC) for possible breaches of fiduciary duty and other violations of law in its transaction with ONEOK. Click here to learn how to join our investigation and obtain additional information or contact us at gademi@ademilaw.com or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the unitholders of EnLink will receive only 0.1412 shares of ONEOK common stock for each outstanding common unit of E. |
businesswire.com |
2024-11-25 10:26:00 |
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| ENLC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EnLink Midstream, LLC Is Fair to Shareholders |
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EnLink Midstream, LLC (NYSE: ENLC) to ONEOK, Inc. for 0.1412 shares of ONEOK common stock for each common unit of EnLink is fair to EnLink shareholders. Halper Sadeh encourages EnLink shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@halpersadeh.com or zhalper@halpersadeh.com. The investiga. |
businesswire.com |
2024-11-25 10:16:00 |
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| ONEOK Announces Agreement to Acquire Remaining Publicly Held Common Units in EnLink Midstream in a Tax-Free Transaction |
Consideration of 0.1412 shares of ONEOK common stock for each outstanding publicly held EnLink common unit TULSA, Okla. , Nov. 24, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that they have executed a definitive merger agreement under which ONEOK will acquire all of the outstanding publicly held common units of EnLink for $4.3 billion in ONEOK common stock. |
prnewswire.com |
2024-11-24 23:03:00 |
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| ONEOK Foundation Donates $100,000 to Wildfire Disaster Relief Program |
North Dakota Wildfire Devastates Approximately 126,000 Acres; ONEOK Foundation Contributes to Relief for Impacted Cattle Producers TULSA, Okla. , Nov. 19, 2024 /PRNewswire/ -- The ONEOK Foundation donated $100,000 to the North Dakota Stockmen's Association (NDSA) and the North Dakota Stockmen's Foundation Out of the Ashes Wildfire Disaster Relief Program. |
prnewswire.com |
2024-11-19 15:05:00 |
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| ONEOK to Participate in BofA Securities Global Energy Conference |
TULSA, Okla. , Nov. 12, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the BofA Securities Global Energy Conference on Nov. 13, 2024, in Houston. |
prnewswire.com |
2024-11-12 18:15:00 |
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| EnLink Midstream (ENLC) Q3 Earnings and Revenues Lag Estimates |
EnLink Midstream (ENLC) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.10 per share a year ago. |
zacks.com |
2024-11-06 22:05:40 |
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| EnLink Midstream Reports Third Quarter 2024 Results |
DALLAS , Nov. 6, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the third quarter of 2024. Highlights Reported net income of $43.1 million and net cash provided by operating activities of $260.1 million for the third quarter of 2024. |
prnewswire.com |
2024-11-06 19:03:00 |
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| ONEOK Announces Closing of Medallion Midstream Acquisition |
Completes Acquisition of the Largest Privately Held Crude Oil Gathering and Transportation System in the Permian's Midland Basin TULSA, Okla. , Oct. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced the successful completion of its acquisition of Medallion Midstream (Medallion) from Global Infrastructure Partners, for a total cash consideration of approximately $2.6 billion. |
prnewswire.com |
2024-10-31 13:00:00 |
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| EnLink Midstream (ENLC) Earnings Expected to Grow: Should You Buy? |
EnLink Midstream (ENLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2024-10-30 13:06:45 |
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| ONEOK Announces Higher Third Quarter 2024 Earnings; Increases 2024 Financial Guidance |
Increases Financial Guidance for the Second Time in 2024 TULSA, Okla. , Oct. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher third quarter 2024 results and provided 2024 financial guidance on a consolidated basis that includes contributions from EnLink Midstream (EnLink) and the pending Medallion Midstream (Medallion) acquisition. |
prnewswire.com |
2024-10-29 18:15:00 |
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| EnLink Midstream Schedules Third Quarter 2024 Earnings Release Date |
DALLAS , Oct. 22, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that it will issue its third quarter earnings press release and post an investor presentation on its website at Investors.EnLink.com after market close on Wednesday, November 6, 2024. The company will not hold a conference call. |
prnewswire.com |
2024-10-22 21:03:00 |
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| ONEOK Declares Quarterly Dividend |
TULSA, Okla. , Oct. 16, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share. |
prnewswire.com |
2024-10-16 20:15:00 |
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| EnLink Midstream Announces Changes to Board of Directors |
Changes reflect new ONEOK controlling interest DALLAS , Oct. 15, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced changes to the Board of Directors (Board) of EnLink Midstream Manager, LLC, the managing member of ENLC (EnLink Manager), following the October 15, 2024, closing of the transaction in which ONEOK, Inc. (NYSE: OKE) (ONEOK) acquired Global Infrastructure Partner's (GIP) entire 43% equity interest in ENLC and all of GIP's interest in EnLink Manager. As a result of acquiring EnLink Manager, ONEOK appointed three directors to the Board who collectively have the majority voting power. |
prnewswire.com |
2024-10-15 21:04:00 |
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| EnLink Midstream Declares Quarterly Distribution |
DALLAS , Oct. 14, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2024. EnLink's Board of Directors declared a cash distribution of $0.1325 per common unit for the third quarter of 2024, which is unchanged from the second quarter 2024 distribution. |
prnewswire.com |
2024-10-14 21:03:00 |
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| Midstream Energy - Relative Quality |
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK. |
seekingalpha.com |
2024-10-04 11:37:50 |
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| ALPS Advisors Inc. Expands Stake in EnLink Midstream LLC |
On September 30, 2024, ALPS Advisors Inc., a prominent asset management firm, made a significant addition to its investment portfolio by acquiring 2,773,743 shares of EnLink Midstream LLC (ENLC, Financial). This transaction increased the firm's total holdings in ENLC to 46,191,145 shares, marking a substantial investment move. |
gurufocus.com |
2024-10-03 05:30:52 |
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