Oklahoma City based Enable
Midstream is a publicly traded limited partnership, formed in May 2013. The
company owns, develops, and operates strategically located natural gas and
crude oil infrastructure assets in major producing basins. Using these assets,
the company provides comprehensive services to gather, process, transport, and
store primarily natural gas in the south central U.S.
Enable Midstream’s
functional assets include the following:
• 11,000 miles of gathering lines
• 12 major processing plants, for approximately 2.1 million
cubic feet per day
• 7,900 miles of interstate pipelines, for 8.4 billion cubic
feet per day transport capacity
• 86.5 billion cubic feet of natural gas storage capacity
In a press release, the
company announced the pricing of 25,000,000 common units representing limited
partner interests at a price to the public of $20.00 per common unit. The
common units began trading today on the New York Stock Exchange under the symbol
“ENBL.” The offering is expected to close April 16, 2014, subject to customary
closing conditions.
For additional information,
visit the company’s website at www.EnableMidstream.com
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