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April 13, 2021

Enable Midstream to release 1Q financial results

 

Enable Midstream Partners plans to release its first quarter 2021 financial results before the opening markets on Monday, May 3.

A conference call will follow at 9 a.m. Central Time the same day.

The company finished the fourth quarter of 2020 with $96 million in net income, an increase of $78 million compared to the $18 million net income a year earlier. Net cash from operating activities totaled $214 million for the quarter, a decrease of $37b million from the fourth quarter of 2019.

Adjusted EBITDA was $249 million for the quarter, a drop of $25 million from a year earlier.

The company reported net income to limited partners was $88 million for the full-year 2020, a decline of $308 million from the $396 million of net income for all of 2019.

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