The Dallas-based oil and gas midstream services provider posted a third-quarter profit of $29.5 million, or 6 cents a share, compared with $80.8 million, or 17 cents a share, a year earlier. Analysts polled by FactSet expected per-share earnings...EnLink Midstream's third-quarter profit sank after its revenue dropped sharply. By Ben GlickmanEnLink Midstream's third-quarter profit sank after its revenue dropped sharply. The Dallas-based oil and gas midstream services provider posted a third-quarter profit of $29.5 million, or 6 cents a share, compared with $80.8 million, or 17 cents a share, a year earlier. Analysts polled by FactSet expected per-share earnings of 14 cents.

Source: Wall Street Journal October 31, 2023 21:28 UTC