EnLink Midstream, LLC (ENLC) [Rocket]

In millions, except per share items	Dec-31-22	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15
	8-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Louisiana		4,581.4	2,205.1	2,622.8	3,788.4
Oklahoma		1,226.8	862.0	1,181.1	1,299.8
Other		877.7	826.7	2,249.0	2,610.8
Total revenues [+]	9,542.1	6,685.9	3,893.8	6,052.9	7,699.0	5,739.6	4,252.4	4,452.1
Natural gas midstream								451.0
Revenue growth [+]	42.7%	71.7%	-35.7%	-21.4%	34.1%	35.0%	-4.5%	26.9%
Louisiana		107.8%	-15.9%	-30.8%
Oklahoma		42.3%	-27.0%	-9.1%
Cost of goods sold [+]	524.9	5,570.7	2,771.0	4,881.3	6,461.4	4,780.2	3,414.0	3,665.2
Oil & gas costs							3,015.5	3,245.3
Other direct costs		362.9	373.8	467.1	453.4	418.7	398.5	419.9
Gross profit	9,017.2	1,115.2	1,122.8	1,171.6	1,237.6	959.4	838.4	786.9
Gross margin	94.5%	16.7%	28.8%	19.4%	16.1%	16.7%	19.7%	17.7%
Selling, general and administrative [+]	125.2	107.8	103.3	152.6	140.3	128.6	122.5	136.9
General and administrative	125.2	107.8	103.3	152.6	140.3	128.6	122.5	136.9
Equity in earnings		11.5	-0.6	16.8	-13.3	-9.6	19.9	-20.4
Other operating expenses	7,572.8	-49.9	-8.7	31.2			13.2	-1.2
EBITDA [+]	1,319.2	1,068.8	1,027.6	1,004.6	1,084.0	821.2	722.6	630.8
EBITDA growth	23.4%	4.0%	2.3%	-7.3%	32.0%	13.6%	14.6%	0.8%
EBITDA margin	13.8%	16.0%	26.4%	16.6%	14.1%	14.3%	17.0%	14.2%
Depreciation and amortization	639.4	607.5	638.6	617.0	577.3	545.3	503.9	387.3
EBIT [+]	679.8	461.3	389.0	387.6	506.7	275.9	218.7	243.5
EBIT growth	47.4%	18.6%	0.4%	-23.5%	83.7%	26.2%	-10.2%	-28.7%
EBIT margin	7.1%	6.9%	10.0%	6.4%	6.6%	4.8%	5.1%	5.5%
Non-recurring items [+]	18.0	31.3	371.6	1,131.6	366.2	-8.9	873.3	1,565.8
Asset impairment		0.8	362.8	1,133.5	365.8	17.1	873.3	1,563.4
Loss (gain) on sale of assets		-1.5	8.8	-1.9	0.4
Loss (gain) on disposal of assets	18.0
Legal settlement						-26.0
Interest expense	245.0	238.7	223.3	216.0	182.3	190.4	189.5	103.3
Interest expense	245.0	238.7	223.3	216.0	182.3	190.4	189.5	103.3
Other income (expense), net [+]	-416.8	-23.0	33.5	-32.7	27.2	28.8	-39.5	41.6
Gain (loss) on sale of assets							13.2	1.2
Gain (loss) on debt retirement	-6.2		32.0			9.0
Other	0.8		0.3	0.9	0.6	0.6	0.3	4.3
Pre-tax income	0.0	168.3	-172.4	-992.7	-14.6	123.2	-883.6	-1,384.0
Income taxes	0.0	25.4	143.2	6.9	18.2	-196.8	4.6	25.7
Tax rate		15.1%
Minority interest	139.4	120.5	105.9	119.7	-19.6	107.2	-428.2	-1,054.5
Net income	0.0	22.4	-421.5	-1,119.3	-13.2	212.8	-460.0	-357.0
Net margin	0.0%	0.3%	-10.8%	-18.5%	-0.2%	3.7%	-10.8%	-8.0%

Basic EPS [+]		$0.05	($0.86)	($2.41)	($0.07)	$1.18	($2.56)	($2.17)
Growth		-105.3%	-64.3%	3210.3%	-106.2%	-146.1%	17.7%	-498.4%
Diluted EPS [+]		$0.05	($0.86)	($2.41)	($0.07)	$1.17	($2.56)	($2.17)
Growth		-105.3%	-64.3%	3210.3%	-106.2%	-145.7%	17.7%	-499.1%


Shares outstanding (basic) [+]		488.8	489.3	463.9	181.1	180.5	179.7	164.2
Growth		-0.1%	5.5%	156.2%	0.3%	0.4%	9.4%	0.1%
Shares outstanding (diluted) [+]		494.3	489.3	463.9	181.1	181.8	179.7	164.2
Growth		1.0%	5.5%	156.2%	-0.4%	1.2%	9.4%	-0.1%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.