Investor Presentaiton
RECONCILIATION OF GROSS MARGIN TO ADJUSTED GROSS
MARGIN
ENLINK
MIDSTREAM
Permian
Louisiana
Oklahoma
North Texas
Corporate
Totals
Q2 2022
Gross margin
$75.0
$49.6
$46.3
$38.2
$(1.5)
$207.6
Depreciation and amortization
37.1
39.4
52.3
28.7
1.5
159.0
Segment profit (loss)
112.1
89.0
98.6
66.9
366.6
Operating expenses
50.3
34.8
23.1
20.7
128.9
Adjusted gross margin
$162.4
$123.8
$121.7
$87.6
$-
$495.5
Q1 2022
Gross margin
$36.3
$55.0
$34.9
$34.6
$(1.4)
$159.4
Depreciation and amortization
36.7
35.5
50.9
28.4
1.4
152.9
Segment profit (loss)
73.0
90.5
85.8
63.0
312.3
Operating expenses
45.3
33.0
21.0
21.6
120.9
Adjusted gross margin
$118.3
$123.5
$106.8
$84.6
$-
$433.2
Q4 2021
Gross margin
$37.4
$77.5
$48.7
$27.8
$(2.0)
$189.4
Depreciation and amortization
36.4
34.2
50.7
28.3
2.0
151.6
Segment profit (loss)
73.8
111.7
99.4
56.1
341.0
Operating expenses
28.6
32.3
22.7
19.3
102.9
Adjusted gross margin
$102.4
$144.0
$122.1
$75.4
$ -
$443.9
Q3 2021
Gross margin
$33.7
$29.1
$34.8
$31.5
$(2.2)
$126.9
Depreciation and amortization
35.4
34.6
52.3
28.5
2.2
153.0
Segment profit (loss)
69.1
63.7
87.1
60.0
279.9
Operating expenses
37.3
30.5
19.8
19.3
106.9
Adjusted gross margin
$106.4
$94.2
$106.9
$79.3
$386.8
Q2 2021
Gross margin
$9.4
$31.2
$35.0
$29.1
$(1.8)
$102.9
Depreciation and amortization
34.6
36.1
50.6
28.8
1.8
151.9
Segment profit (loss)
44.0
67.3
85.6
57.9
254.8
Operating expenses
27.4
31.7
17.8
19.9
96.8
Adjusted gross margin
$71.4
$99.0
$103.4
$77.8
$351.6
September 2022 Investor Presentation
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