EnLink Midstream, LLC Common Units representing Limited Partner Interests (ENLC)

Competitors to EnLink Midstream, LLC Common Units representing Limited Partner Interests (ENLC)

Cheniere Energy, Inc. 

Cheniere specializes in liquefied natural gas (LNG) and competes indirectly with EnLink by offering infrastructure for LNG export, which represents a segment of the midstream business. While EnLink primarily focuses on natural gas and NGL transportation and processing, Cheniere's competitive advantage lies in its significant investments in liquefaction facilities and its established presence in the global LNG market, attracting different types of customers.

Enterprise Products Partners L.P. 

Enterprise Products is one of the largest publicly traded partnerships in the U.S. and competes with EnLink Midstream through its extensive network of pipelines and comprehensive midstream services, including natural gas, crude oil, and petrochemical transportation, storage, and processing. With its larger scale and diversified portfolio of assets, Enterprise often has a competitive edge in pricing and service offerings, which can attract a wider array of customers.

Summit Midstream Partners, LLC 

Summit Midstream Partners focuses on providing midstream services for natural gas and crude oil, competing with EnLink in the same geographical areas. However, Summit is significantly smaller and less diversified, which may limit its scale of operations compared to EnLink. While they may be agile and able to respond to niche markets quickly, EnLink's broader footprint and stronger financial resources give it a competitive advantage in larger contracts and widespread service offerings.

Targa Resources Corp. 

Targa Resources engages in the transportation and processing of natural gas and natural gas liquids, similar to EnLink Midstream. The companies compete primarily for similar contracts and clients in the midstream sector, especially in the Gulf Coast region. Targa has a competitive advantage with its robust asset base and diversified service offerings in NGL logistics, which can enhance its operational efficiencies and customer retention compared to EnLink.

Williams Companies, Inc. 

Williams is a key player in the midstream sector, primarily focused on natural gas processing and transportation. They compete with EnLink Midstream by providing similar services in the midstream value chain, but with a stronger emphasis on gathering services and a larger network of pipelines, which gives them greater operational capacities in certain regions. Their established infrastructure and existing customer relationships often provide them a competitive edge in securing contracts.