EnLink Midstream (ENLC) Revenue & Revenue Breakdown


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EnLink Midstream Revenue Highlights


Latest Revenue (Y)

$6.88B

Latest Revenue (Q)

$1.68B

Main Segment (Y)

Product

EnLink Midstream Revenue by Period


EnLink Midstream Revenue by Year

DateRevenueChange
2023-12-31$6.88B-27.90%
2022-12-31$9.54B42.72%
2021-12-31$6.69B71.71%
2020-12-31$3.89B-35.67%
2019-12-31$6.05B-21.38%
2018-12-31$7.70B34.14%
2017-12-31$5.74B34.62%
2016-12-31$4.26B-4.03%
2015-12-31$4.44B27.73%
2014-12-31$3.48B78.90%
2013-12-31$1.94B17.42%
2012-12-31$1.66B-17.78%
2011-12-31$2.01B12.34%
2010-12-31$1.79B22.86%
2009-12-31$1.46B-70.27%
2008-12-31$4.91B27.11%
2007-12-31$3.86B22.87%
2006-12-31$3.14B3.59%
2005-12-31$3.03B53.28%
2004-12-31$1.98B95.21%
2003-12-31$1.01B123.25%
2002-12-31$454.04M16.73%
2001-12-31$388.97M-

EnLink Midstream generated $6.88B in revenue during NA 2023, up -27.90% compared to the previous quarter, and up 89.35% compared to the same period a year ago.

EnLink Midstream Revenue by Quarter

DateRevenueChange
2024-03-31$1.68B-8.71%
2023-12-31$1.84B5.19%
2023-09-30$1.75B14.12%
2023-06-30$1.53B-13.43%
2023-03-31$1.77B-13.79%
2022-12-31$2.05B-23.02%
2022-09-30$2.66B2.42%
2022-06-30$2.60B16.74%
2022-03-31$2.23B-0.69%
2021-12-31$2.24B25.49%
2021-09-30$1.79B27.08%
2021-06-30$1.41B12.68%
2021-03-31$1.25B17.30%
2020-12-31$1.06B14.63%
2020-09-30$928.50M24.65%
2020-06-30$744.90M-35.57%
2020-03-31$1.16B0.03%
2019-12-31$1.16B-17.92%
2019-09-30$1.41B-17.33%
2019-06-30$1.70B-4.28%
2019-03-31$1.78B-13.56%
2018-12-31$2.06B-2.90%
2018-09-30$2.12B20.12%
2018-06-30$1.76B0.20%
2018-03-31$1.76B0.28%
2017-12-31$1.76B25.14%
2017-09-30$1.40B11.20%
2017-06-30$1.26B-4.33%
2017-03-31$1.32B7.30%
2016-12-31$1.23B11.25%
2016-09-30$1.11B6.37%
2016-06-30$1.04B16.72%
2016-03-31$890.10M-16.32%
2015-12-31$1.06B-8.73%
2015-09-30$1.17B-8.47%
2015-06-30$1.27B36.02%
2015-03-31$936.10M-3.60%
2014-12-31$971.10M13.71%
2014-09-30$854.00M-8.05%
2014-06-30$928.80M28.23%
2014-03-31$724.30M25.91%
2013-12-31$575.24M22.75%
2013-09-30$468.64M3.06%
2013-06-30$454.74M2.03%
2013-03-31$445.69M-15.27%
2012-12-31$525.98M29.24%
2012-09-30$406.97M15.88%
2012-06-30$351.19M-5.52%
2012-03-31$371.71M-22.71%
2011-12-31$480.94M-7.06%
2011-09-30$517.50M4.30%
2011-06-30$496.15M10.18%
2011-03-31$450.31M5.40%
2010-12-31$427.24M-6.05%
2010-09-30$454.74M12.85%
2010-06-30$402.97M-7.32%
2010-03-31$434.79M7.09%
2009-12-31$405.99M15.77%
2009-09-30$350.70M-3.43%
2009-06-30$363.14M-1.18%
2009-03-31$367.46M-52.21%
2008-12-31$768.93M-42.18%
2008-09-30$1.33B-13.79%
2008-06-30$1.54B21.51%
2008-03-31$1.27B16.64%
2007-12-31$1.09B-

EnLink Midstream generated $1.68B in revenue during Q1 2024, up -8.71% compared to the previous quarter, and up 81.79% compared to the same period a year ago.

EnLink Midstream Revenue Breakdown


EnLink Midstream Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Crude Oil and Condensate$1.57B----
Product Sales, Other-----
Product$5.76B----
Natural Gas Liquids$3.02B----
Midstream Services, Crude Services$61.70M$90.90M---
Midstream Services$1.12B$1.01B---
Natural Gas$1.16B----
Midstream Services, Related Party-----
Midstream Services, Processing$329.50M$314.90M---
Midstream Services, Other Services$9.90M$13.90M---
Midstream Services, NGL Services, Related Party-----
Midstream Services, NGL Services$87.50M$50.70M---
Midstream Services, Gathering and Transportation$635.20M$538.00M---
Service-$962.90M$851.00M--
Minimum Volume Contract---$57.20M-
Product Sales, Related Party-----
Midstream Services, Crude Services, Related Party-----
Product Sales----$5.03B
Product Sales, Crude Oil and Condensate Sales----$2.38B
Product Sales, Crude Oil and Condensate Sales, Related Party-----
Product Sales, NGL Sales----$1.78B
Product Sales, NGL Sales, Related Party-----
Product Sales, Natural Gas Sales----$876.60M
Product Sales, Natural Gas Sales, Related Party-----

EnLink Midstream's latest annual revenue breakdown by segment (product or service), as of Dec 23: Product (41.83%), Natural Gas Liquids (21.96%), Crude Oil and Condensate (11.45%), Natural Gas (8.43%), Midstream Services (8.17%), Midstream Services, Gathering and Transportation (4.62%), Midstream Services, Processing (2.39%), Midstream Services, NGL Services (0.64%), Midstream Services, Crude Services (0.45%), and Midstream Services, Other Services (0.07%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Product Sales, Other$300.00K--$-100.00K----------------
Midstream Services, Processing$78.80M$166.10M$81.90M$81.50M$73.70M$76.80M$81.10M$79.50M------------
Midstream Services, Related Party--------------------
Midstream Services, Other Services$2.40M$5.30M$2.20M$2.40M$1.40M$4.20M$4.50M$3.60M------------
Midstream Services, Gathering and Transportation$165.50M$314.50M$160.30M$160.40M$130.20M$128.40M$140.70M$136.20M------------
Product Sales, Natural Gas Sales, Related Party-$200.00K------------------
Crude Oil and Condensate$367.50M$753.30M$447.90M$373.70M----------------
Midstream Services$271.90M$564.20M$280.10M$279.50M$244.00M$245.90M$263.30M$252.70M------------
Midstream Services, Crude Services$7.80M$28.90M$15.10M$17.70M$19.10M$18.70M$25.80M$23.40M------------
Natural Gas Liquids$755.70M$1.63B$740.50M$647.10M----------------
Product$1.41B$3.03B$1.49B$1.24B----------------
Product Sales, Related Party--$-238.70M-----------------
Natural Gas$281.50M$641.00M$299.70M$218.50M----------------
Midstream Services, NGL Services$17.40M$49.40M$20.60M$17.50M$19.60M$17.80M$11.20M$10.00M------------
Midstream Services, NGL Services, Related Party---$100.00K----------------
Service---$279.50M$279.30M$263.70M$258.60M$225.60M$215.00M$221.80M$211.00M$209.30M--------
Minimum Volume Contract------------$300.00K$18.00M$14.00M$13.40M----
Product Sales, Natural Gas Sales----------------$157.90M$219.20M$193.10M$193.80M
Product Sales, Crude Oil and Condensate Sales, Related Party----------------$100.00K$-1.50M--
Midstream Services, Crude Services, Related Party-----------------$-100.00K--
Product Sales----------------$892.90M$911.60M$1.14B$1.45B
Product Sales, Crude Oil and Condensate Sales----------------$359.60M$451.00M$512.20M$744.10M
Product Sales, NGL Sales----------------$375.40M$241.40M$431.90M$512.60M
Product Sales, NGL Sales, Related Party----------------$-100.00K$-237.40M--

EnLink Midstream's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Product (41.89%), Natural Gas Liquids (22.53%), Crude Oil and Condensate (10.96%), Natural Gas (8.39%), Midstream Services (8.11%), Midstream Services, Gathering and Transportation (4.93%), Midstream Services, Processing (2.35%), Midstream Services, NGL Services (0.52%), Midstream Services, Crude Services (0.23%), Midstream Services, Other Services (0.07%), and Product Sales, Other (0.01%).

EnLink Midstream Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
PAAPlains All American Pipeline$48.74B$12.93B
PAGPPlains GP$48.71B$12.93B
MPLXMPLX LP$10.68B$3.05B
ENLCEnLink Midstream$6.88B$1.68B
WESWestern Midstream Partners, LP$3.11B$887.73M
HESMHess Midstream LP$1.35B$365.50M
AMAntero Midstream$1.04B$269.80M

ENLC Revenue FAQ


EnLink Midstream's yearly revenue for 2023 was $6.88B, representing a decrease of -27.90% compared to 2022. The company's yearly revenue for 2022 was $9.54B, representing an increase of 42.72% compared to 2021. ENLC's yearly revenue for 2021 was $6.69B, representing an increase of 71.71% compared to 2020.

EnLink Midstream's quarterly revenue for Q1 2024 was $1.68B, a -8.71% decrease from the previous quarter (Q4 2023), and a -5.13% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $1.84B, a 5.19% increase from the previous quarter (Q3 2023), and a -10.41% decrease year-over-year (Q4 2022). ENLC's quarterly revenue for Q3 2023 was $1.75B, a 14.12% increase from the previous quarter (Q2 2023), and a -34.44% decrease year-over-year (Q3 2022).

EnLink Midstream's revenue growth rate for the last 3 years (2021-2023) was 2.89%, and for the last 5 years (2019-2023) was 13.65%.

EnLink Midstream's revenue streams in c 23 are Crude Oil and Condensate, Product, Natural Gas Liquids, Midstream Services, Crude Services, Midstream Services, Natural Gas, Midstream Services, Processing, Midstream Services, Other Services, Midstream Services, NGL Services, and Midstream Services, Gathering and Transportation. Crude Oil and Condensate generated $1.57B in revenue, accounting 11.45% of the company's total revenue Product generated $5.76B in revenue, accounting 41.83% of the company's total revenue Natural Gas Liquids generated $3.02B in revenue, accounting 21.96% of the company's total revenue Midstream Services, Crude Services generated $61.7M in revenue, accounting 0.45% of the company's total revenue, down -32.12% year-over-year. Midstream Services generated $1.12B in revenue, accounting 8.17% of the company's total revenue, up 11.44% year-over-year. Natural Gas generated $1.16B in revenue, accounting 8.43% of the company's total revenue Midstream Services, Processing generated $329.5M in revenue, accounting 2.39% of the company's total revenue, up 4.64% year-over-year. Midstream Services, Other Services generated $9.9M in revenue, accounting 0.07% of the company's total revenue, down -28.78% year-over-year. Midstream Services, NGL Services generated $87.5M in revenue, accounting 0.64% of the company's total revenue, up 72.58% year-over-year. Midstream Services, Gathering and Transportation generated $635.2M in revenue, accounting 4.62% of the company's total revenue, up 18.07% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of EnLink Midstream was Product. This segment made a revenue of $5.76B, representing 41.83% of the company's total revenue.