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EnLink Midstream, LLC ENLC
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Quarterly report 2024-Q3
added 05-23-2026

EnLink Midstream, LLC Long-Term Debt | ENLC

Long-term debt is a financial obligation of a company or an individual with a repayment period exceeding one year from the date it arises. In accounting, such obligations are recorded under the "long-term liabilities" section.

Main characteristics:
  • Term exceeds 12 months
  • Can take the form of bonds, bank loans, credit lines, leasing, or loans from affiliated parties
  • Repaid through regular payments (interest and/or principal) over several years
Why long-term debt is needed:
  • Investment in development
    Allows financing of large projects — new factories, production lines, innovative developments — without diverting working capital.
  • Smoothing of cash flows
    A long-term payment schedule facilitates budget planning and reduces short-term financial risks.
  • Optimization of capital structure
    A combination of equity and borrowed capital can reduce the average cost of business financing.

A high level of long-term debt may indicate that a company heavily relies on borrowed funds. This increases risks, especially in conditions of rising interest rates or declining profits. However, a moderate level of debt can signal a sound growth strategy — for example, the company takes a loan to expand its business.

If a company uses borrowed funds effectively (e.g., invests in profitable projects), this can lead to profit growth and, consequently, an increase in stock value. An investor evaluates whether the investments made using debt are paying off.

It is important to monitor whether the company can regularly pay interest and repay the principal. Payment difficulties can lead to reduced dividends, a drop in stock value, and even bankruptcy.

Examples of long-term debt:
  • Mortgage loans for property purchases
  • Corporate bonds issued by a company to raise capital
  • Project financing — long-term loans for building or expanding production facilities
  • Leasing obligations for equipment or transport

Annual Long-Term Debt EnLink Midstream, LLC

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
4.47 B 4.72 B 4.36 B 4.24 B 4.76 B 4.03 B 3.54 B 3.3 B 3.07 B 2.02 B 1.2 B 1.04 B 798 M

All numbers in USD currency

Indicator range from annual reports

Maximum Minimum Average
4.76 B 798 M 3.2 B

Quarterly Long-Term Debt EnLink Midstream, LLC

2024-Q3 2024-Q2 2024-Q1 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1
4.15 B 4.24 B 4.47 B 4.62 B 4.64 B 4.83 B 4.72 B 4.54 B 4.32 B 4.32 B 4.36 B 4.24 B 4.21 B 4.15 B 4.24 B 4.65 B 4.75 B 4.95 B 4.76 B 4.69 B 4.61 B 4.48 B 4.03 B 3.84 B 3.59 B 3.84 B 3.54 B 3.54 B 3.7 B 3.52 B 3.3 B 3.25 B 3.36 B 3.2 B 3.07 B 2.85 B 2.83 B 2.49 B 2.02 B 1.85 B 1.68 B 1.53 B - - - - - - - - - - - -

All numbers in USD currency

Indicator range from quarterly reporting

Maximum Minimum Average
4.95 B 1.53 B 3.81 B

Long-Term Debt of other stocks in the Oil gas midstream industry

Issuer Long-Term Debt Price % 24h Market Cap Country
Plains GP Holdings, L.P. Plains GP Holdings, L.P.
PAGP
1.1 B $ 28.07 0.65 % $ 5.56 B usaUSA
Star Group, L.P. Star Group, L.P.
SGU
167 M $ 12.82 0.63 % $ 439 M usaUSA
Scorpio Tankers Scorpio Tankers
STNG
444 M $ 82.12 2.8 % $ 3.82 B monacoMonaco
Targa Resources Corp. Targa Resources Corp.
TRGP
17.4 B $ 294.29 1.46 % $ 63.6 B usaUSA
TORM plc TORM plc
TRMD
6.4 M $ 34.94 0.09 % $ 3.43 B britainBritain
Bristow Group Bristow Group
VTOL
644 M $ 43.62 0.69 % $ 1.26 B usaUSA
Western Midstream Partners, LP Western Midstream Partners, LP
WES
8.2 B $ 49.43 0.12 % $ 20.4 B usaUSA
The Williams Companies The Williams Companies
WMB
27.3 B $ 75.83 2.27 % $ 92.6 B usaUSA
Teekay Tankers Ltd. Teekay Tankers Ltd.
TNK
17.1 M $ 92.33 1.68 % $ 3.2 B bermudaBermuda
Blueknight Energy Partners, L.P. Blueknight Energy Partners, L.P.
BKEP
98 M - - $ 195 M usaUSA
Brooge Energy Limited Brooge Energy Limited
BROG
180 M - 13.04 % $ 478 M britainBritain
Crestwood Equity Partners LP Crestwood Equity Partners LP
CEQP
3.38 B - - $ 2.97 B usaUSA
Equitrans Midstream Corporation Equitrans Midstream Corporation
ETRN
13.4 M - - $ 5.39 B usaUSA
Green Plains Partners LP Green Plains Partners LP
GPP
58.6 M - - $ 286 M usaUSA
Höegh LNG Partners LP Höegh LNG Partners LP
HMLP
374 M - 0.05 % $ 308 M bermudaBermuda
Viper Energy Partners LP Viper Energy Partners LP
VNOM
1.08 B $ 44.89 1.13 % $ 4.22 B usaUSA
Overseas Shipholding Group Overseas Shipholding Group
OSG
357 M - - $ 666 M usaUSA
PBF Logistics LP PBF Logistics LP
PBFX
625 M - -1.19 % $ 1.35 B usaUSA
Rattler Midstream LP Rattler Midstream LP
RTLR
688 M - 2.95 % $ 545 M usaUSA
Shell Midstream Partners, L.P. Shell Midstream Partners, L.P.
SHLX
23 M - - $ 6.22 B usaUSA
Summit Midstream Partners, LP Summit Midstream Partners, LP
SMLP
1.46 B - - $ 167 M usaUSA
Evolve Transition Infrastructure LP Evolve Transition Infrastructure LP
SNMP
17 M - -0.75 % $ 11.2 M usaUSA
U.S. Well Services U.S. Well Services
USWS
168 M - -0.45 % $ 91 M usaUSA
NuStar Energy L.P. NuStar Energy L.P.
NS
3.36 B - - $ 2.78 B usaUSA
Magellan Midstream Partners, L.P. Magellan Midstream Partners, L.P.
MMP
5.02 B - - $ 13.9 B usaUSA
Noble Midstream Partners LP Noble Midstream Partners LP
NBLX
1.11 B - - $ 1.37 B usaUSA
Altus Midstream Company Altus Midstream Company
ALTM
624 M - -0.79 % $ 1.07 B usaUSA
Antero Midstream Corporation Antero Midstream Corporation
AM
3.22 B $ 22.9 1.33 % $ 10.9 B usaUSA
Enable Midstream Partners, LP Enable Midstream Partners, LP
ENBL
3.95 B - 1.44 % $ 3.07 B usaUSA
Oasis Midstream Partners LP Oasis Midstream Partners LP
OMP
450 M - 2.48 % $ 1.08 B usaUSA
Phillips 66 Partners LP Phillips 66 Partners LP
PSXP
3.44 B - -2.33 % $ 7.93 B usaUSA
DCP Midstream, LP DCP Midstream, LP
DCP
4.36 B - -0.02 % $ 8.7 B usaUSA
Holly Energy Partners, L.P. Holly Energy Partners, L.P.
HEP
1.56 B - - $ 2.59 B usaUSA
GasLog Ltd. GasLog Ltd.
GLOG
3.53 B - -0.17 % $ 552 M monacoMonaco
BP Midstream Partners LP BP Midstream Partners LP
BPMP
468 M - - $ 1.79 B usaUSA
Diamond S Shipping Inc. Diamond S Shipping Inc.
DSSI
196 M - 2.00 % $ 394 M usaUSA
NavSight Holdings, Inc. NavSight Holdings, Inc.
NSH
42.5 M - 7.58 % $ 285 M usaUSA
TC PipeLines, LP TC PipeLines, LP
TCP
250 M - 1.65 % $ 2.21 B usaUSA
Teekay LNG Partners L.P. Teekay LNG Partners L.P.
TGP
1.22 B - -0.12 % $ 1.47 B bermudaBermuda
Euronav NV Euronav NV
EURN
1.45 M - - $ 3.69 B belgiumBelgium
Cheniere Energy Partners, L.P. Cheniere Energy Partners, L.P.
CQP
14.2 B $ 68.09 0.06 % $ 33 B usaUSA
Delek Logistics Partners, LP Delek Logistics Partners, LP
DKL
2.34 B $ 55.82 0.22 % $ 3.23 B usaUSA
Dynagas LNG Partners LP Dynagas LNG Partners LP
DLNG
233 M $ 3.86 5.46 % $ 141 M greeceGreece
Enbridge Enbridge
ENB
104 B $ 50.48 0.78 % $ 110 B canadaCanada
Enterprise Products Partners L.P. Enterprise Products Partners L.P.
EPD
32.8 B $ 38.83 0.28 % $ 83.9 B usaUSA
Energy Transfer LP Energy Transfer LP
ET
68.3 B $ 21.51 0.05 % $ 74.1 B usaUSA
Genesis Energy, L.P. Genesis Energy, L.P.
GEL
3.05 B $ 15.8 0.13 % $ 1.93 B usaUSA
Global Partners LP Global Partners LP
GLP
129 M $ 53.11 0.78 % $ 1.81 B usaUSA
Hess Midstream LP Hess Midstream LP
HESM
3.74 B $ 40.97 2.66 % $ 8.45 B usaUSA