Capital Markets | Capital Expenditure | Capital Expenditure - 2017 | Private Equity Activity
EnLink Boosts Spending Over 30% for 2017; $590-750MM
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The EnLink Midstream companies announced 2017 guidance and provided an operational update.
2017 Guidance: Total growth capital expenditures projected to range from $590 million to $750 million, including contributions from joint venture partners and ENLC of approximately $85 million to $105 million (up +32% from $445-570 in 2016). Highlights: Net income mid-point for ENLK projected to be $100 million; adjusted EBITDA mid-point net to ENLK projected to be $850 million. Net income mid-point for ENLC projected to be $75 million; cash available for distribution mid-point for ENLC projected to be $220 million. Recent commercial success for EnLink in the STACK fuels additional growth and deepens relationships with premier STACK players. ENLK Full-Year 2017 Financial Guidance: Net income…- ✓ Full news archive — U.S., Canada & international coverage
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More Capital Expenditure - 2017 News
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Gear Spends $10.5MM in Q3, Up 49.5% YoY
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Cenovous Chops $100MM from 2017 Capex After Q3 Loss
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Kelt Expects 86.2% CapEx Growth from 2017 to 2018
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Murphy Increases 2017 Capex by $50MM; Brought Online 27 Eagle Ford Wells
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Mid-Continent - Anadarko Basin News
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