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Stock impact report

Why High-Yield Energy Stocks Are Getting Pummeled Today [The Motley Fool]

EnLink Midstream, LLC Common Units representing Limited Partner Interests (ENLC) 
Last enlink midstream, llc common units representing limited partner interests earnings: 2/25 05:06 pm Check Earnings Report
US:NYSE Investor Relations: enlink.com/investors
Company Research Source: The Motley Fool
What happened Oil prices tumbled on Friday after Russia refused to agree to an OPEC-led plan to reduce oil supplies further. By : p.m. EST, the U.S. oil benchmark, WTI, had tumbled nearly 8%, causing a massive sell-off across the industry, with several large producers plunging more than 0% The carnage in the energy sector isn't sparing anyone, including midstream companies , which don't have much direct exposure to oil prices. Several tumbled more than 0% by the mid-afternoon, including ONEOK ( NYSE:OKE Targa Resources NYSE:TRGP Plains GP Holdings NYSE:PAGP Enable Midstream Partners NYSE:ENBL EnLink Midstream NYSE:ENLC Image source: Getty Images. So what Lower oil prices will have some impact on the cash flows produced by midstream companies. ONEOK, for example, expects to get % of its earnings from commodity-based activities this year and another % from the difference in commodity prices from one region to another. While that means it gets of its earnings from stable sources like fe Show less Read more
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