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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