ENLINK MIDSTREAM, LLC ENLC Income Statement

Enlink midstream, llc (ENLC)

Income statement / Yearly

Dec'19	Dec'18	Dec'17	Dec'16	Dec'15	Dec'14	Dec'13	Dec'12
Revenues:
Revenue from contracts with customers
6,038	7,693	-	-	-	-	-	-
Gain on derivative activity
14	5	-4	-11	9	22	0	0
Total revenues
6,052	7,699	5,739	4,252	4,452	3,507	2,295	1,907
Operating costs and expenses:
Cost of sales
4,392	6,008	4,361	3,015	3,245	2,494	1,736	1,428
Operating expenses
467	453	418	398	419	283	156	149
General and administrative
152	140	128	122	136	97	45	41
Gain on disposition of assets
1	-0	0	-13	-1	0	0	0
Depreciation and amortization
617	577	545	503	387	284	187	145
Impairments
1,133	365	17	873	1,563	-	0	16
Loss on secured term loan receivable
-52	0	0	-	-	-	-	-
Gain (Loss) Related to Litigation Settlement
0	0	26	0	0	6	0	0
Total operating costs and expenses
6,813	7,545	5,445	4,926	5,754	3,153	2,124	1,781
Operating loss
-760	153	294	-674	-1,301	354	171	126
Other income (expense):
Interest expense, net of interest income
-216	-182	-190	-189	-103	-49	0	0
Gain on extinguishment of debt
0	0	9	0	0	3	0	0
Income from unconsolidated affiliates
-16	13	9	-19	20	18	14	2
Other expense
-	-	-	-	-	-	-	0
Other income
0	0	0	0	0	-0	0	2
Total other expense
-231	-168	-171	-209	-82	-28	14	-
Loss before non-controlling interest and income taxes
-992	-14	123	-883	-1,384	326	186	128
Income tax benefit (expense)
6	18	-196	4	25	76	67	46
Net income (loss) from continuing operations
-	-	-	-	-	249	119	82
Income (loss) from discontinued operations, net of tax
-	-	-	-	-	1	-2	-5
Income from discontinued operations attributable to non-controlling interest, net of tax
-	-	-	-	-	-	1	1
Discontinued operations, net of tax
-	-	-	-	-	-	-3	-6
Net loss
-999	-32	320	-888	-1,409	250	115	75
Net income attributable to non-controlling interest
119	-19	107	-428	-1,054	126	0	0
Net loss attributable to ENLC
-1,119	-13	212	-460	-355	124	115	75
Predecessor interest in net income
-	-	-	-	-	35	0	0
Devon investment interest in net income
-	-	-	-	1	-2	0	-
EnLink Midstream, LLC interest in net income (loss)
-	-	-	-	-357	90	0	0
Basic common unit (in dollars per share)
-2.41	-0.07	1.18	-2.56	-2.17	0.55	0.00	0.00
Diluted common unit (in dollars per share)
-2.41	-0.07	1.17	-2.56	-2.17	0.55	0.00	0.00
Product sales
Revenue from contracts with customers
5,030	6,512	4,358	3,008	3,253	2,159	179	153
Product sales—related parties
Revenue from contracts with customers
0	41	144	134	119	505	2,116	1,753
Midstream services
Revenue from contracts with customers
1,008	763	552	467	451	253	0	-
Midstream services—related parties
Revenue from contracts with customers
0	377	688	653	618	567	0	-