Enable Midstream reports strong Q1 earnings
Enable Midstream reports strong Q1 earnings May 3, 2021 11:56:am Summary by: Daniel Graeber Posted in: Enable Midstream reports strong Q1 earnings Oklahoma-based Enable Midstream reported May 3 that first quarter net income improved 46% from the same period last year and that its assets were well supplied. Enable’s reported net income of $164mn in Q1 marked a $52mn increase from the same period last year. Adjusted EBITDA of $328mn was $42mn higher than the $286mn reported in Q1 2020. Total revenue during Q1 was reported at $970mn, a $322mn increase from Q1 2020. There are 181 drilled, but u...
Source: naturalgasworld.com