Enable Midstream Announces Distribution, Capital and Cost Reductions
OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) announced today that the partnership is taking significant measures to strengthen its financial position in response to current industry conditions. Taken together, the actions announced today are expected to result in an annualized increase in retained cash flow of approximately $450 million and position Enable to fully fund its business and reduce total debt in 2020. The board of directors of Enable’s general partner h
Enable Midstream Announces Distribution, Capital and Cost Reductions
OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) announced today that the partnership is taking significant measures to strengthen its financial position in response to current industry conditions. Taken together, the actions announced today are expected to result in an annualized increase in retained cash flow of approximately $450 million and position Enable to fully fund its business and reduce total debt in 2020. The board of directors of Enable’s general partner h