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Thread: Enable Midstream Partners

  1. #151

    Default Re: Enable Midstream Partners

    transcript from the conference call

    CenterPoint Energy, Inc. (CNP): CenterPoint Energy Management Discusses Q2 2013 Results - Earnings Call Transcript - Seeking Alpha

    you may have to create an account or if anyone wants I can copy and paste it.

    they basically said details will come out when they get their IPO paperwork lined up, sounds like they are shooting for having it done by the end of year, or sooner if possible.

  2. Default Re: Enable Midstream Partners

    OMG! Why did it take me soooo long to link EMP as a new sponsor/investor/partner(?) with the Thunder? Finally, some off-season activity!!??

    I'm obviously not in high finance or mover and shaker circles, but this new entity will definitely be in the market to market itself. The Thunder organization would provide a great avenue for gaining visibility in the national psyche. Depending on the CEO & Board, etc., the may want to join The Professional Basketball Club, LLC of OKC. Particularly because of OG&E's prominence...or maybe that's the reason they wouldn't.

    Apologies for the off-topic post, but wasn't sure this warranted it's own thread.

  3. #153

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Thundercitizen View Post
    OMG! Why did it take me soooo long to link EMP as a new sponsor/investor/partner(?) with the Thunder? Finally, some off-season activity!!??

    I'm obviously not in high finance or mover and shaker circles, but this new entity will definitely be in the market to market itself. The Thunder organization would provide a great avenue for gaining visibility in the national psyche. Depending on the CEO & Board, etc., the may want to join The Professional Basketball Club, LLC of OKC. Particularly because of OG&E's prominence...or maybe that's the reason they wouldn't.

    Apologies for the off-topic post, but wasn't sure this warranted it's own thread.
    I’m not sure that a midstream company has any need to be in the national psyche. But I am sure as a local player they will support local teams and causes. OG&E always has and I would assume the culture will be very similar for this child company.

  4. #154

    Default Re: Enable Midstream Partners

    I think there's a formula for being new on the local scene, perhaps just moving one's HQ here fron Texas, puffing oneself up to appear equal to Devon or CHK, acting magnanimous, getting involved w Thunder as much as possible for a "corporate citizen," and then suddenly facing an investor freak-out.

    Hopefully they chose not to Enable that vicious cycle. Build a scraper, make strategic investments in OKC, reap the rewards of being in the middle of a lot of energy action, benefit from a large industry-specific talent pool, and strive for STABILITY.

    That's my hope.

  5. Default Re: Enable Midstream Partners

    I'll bet stability and support of the Thunder can be done simultaneously...depending on leadership.

  6. #156

    Default Re: Enable Midstream Partners

    I'm just saying that it tends to go with a set of other actions

  7. #157

    Default Re: Enable Midstream Partners

    If there was any doubt left that OKC would be the HQ:

    Enable Products, LLC in Oklahoma City OK | Company Profile

    Also if you snoop hard enough, you can see they even have started listing job posts for Enable, located in OKC.

  8. #158

    Default Re: Enable Midstream Partners

    Addresses: 600 Central Park, Oklahoma City, OK 73105

    ...that's ACMP... who has never been mentioned in relationship to this deal. So I guess OKC won out quite some time ago.

    Also, this LLC has been around since 1993...pretty easy to call Bull**** on all the "we chose this name because..." when they clearly picked the name from an old LLC they could operate under anonymously ... lulz at the highest degree.

    and the filing active on 03/13/13

    ...so with how much certainty this appears to.have in retrospect, maybe we should cut Steve a little slack when he says "I'm not worried" in the future.

  9. #159

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Anonymous. View Post
    If there was any doubt left that OKC would be the HQ:

    Enable Products, LLC in Oklahoma City OK | Company Profile

    Also if you snoop hard enough, you can see they even have started listing job posts for Enable, located in OKC.
    Per a friend who works there, they are putting together offers for about 200 employees in Shreveport and Houston.

  10. #160

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Teo9969 View Post
    Addresses: 600 Central Park, Oklahoma City, OK 73105

    ...that's ACMP... who has never been mentioned in relationship to this deal. So I guess OKC won out quite some time ago.
    Enogex used to be in the Central Park building that ACMP now occupies.

  11. #161

    Default Re: Enable Midstream Partners

    Quote Originally Posted by ryanosu View Post
    Enogex used to be in the Central Park building that ACMP now occupies.
    That's been over 3 years ago now, hasn't it?

  12. #162

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Teo9969 View Post
    That's been over 3 years ago now, hasn't it?
    Actually, they moved in the spring of 2012, per the article.

    Enogex moving to downtown Oklahoma City | News OK

  13. #163

    Default Re: Enable Midstream Partners

    Per the Enable FB page, they just sponsored an art exhibit at OCU:

    https://www.facebook.com/EnableMidst...ocation=stream

  14. #164

    Default Re: Enable Midstream Partners

    Seems strange to have a corp. that has barely begun its own existence already sponsoring things. But it's a good thing.

    Right now, EMP feels like OG&E Jr.

  15. #165

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Praedura View Post
    Seems strange to have a corp. that has barely begun its own existence already sponsoring things. But it's a good thing.

    Right now, EMP feels like OG&E Jr.
    they are enogex ... i'm sure this was going to be supported by enogex but now just using the new name

  16. #166

    Default Re: Enable Midstream Partners

    Quote Originally Posted by BoulderSooner View Post
    they are enogex ... i'm sure this was going to be supported by enogex but now just using the new name
    Does Enogex even exist any more ?

  17. #167

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Bellaboo View Post
    Does Enogex even exist any more ?
    Oddly, they still have their company website and I don't think any of the signage has changed at Leadership Square.

    I suppose it will take some time to change over to Enable, because effectively Enogex is no longer a separate entity.

  18. #168

    Default Re: Enable Midstream Partners

    Quote Originally Posted by Pete View Post
    Oddly, they still have their company website and I don't think any of the signage has changed at Leadership Square.

    I suppose it will take some time to change over to Enable, because effectively Enogex is no longer a separate entity.
    Families oil company got 2 letters for 2 different wells. One from Centerpoint and the other from Enogex, both stating their name had changed to Enable.....I have not seen these letters yet, but this is what I was told.

    The Enogex sign is still on Leadership Sq.

  19. Default Re: Enable Midstream Partners

    The phones are answered at the Oklahoma City Centerpoint office as Enable Midstream.

  20. #170

    Default Re: Enable Midstream Partners

    I went to the office this evening and checked. The gas for July sold on the Enogex well was stated as Enable Gathering Sytems as of July 1, 2013. Then I also found Enogex statements in July also... doing a definite conversion in the month of July. I did not look at the well being sold to CNP, but was told it was the same, Enable Gathering Systems.

  21. #171

    Default Re: Enable Midstream Partners

    From the OKC Chamber info - August newsletter - we already have heard this before but.....nice to see in print -

    “Enable Midstream Partners stands for dependability
    and trust. It emphasizes our ability to compete and
    enable the success of our customers,” Delaney said.
    “Our customers say they know us to be problem
    solving, service-oriented organizations. We intend to
    leverage those competencies to capture new growth
    opportunities.
    The principal offices of the gathering and processing
    leadership team will be in Oklahoma City, and the
    interstate pipeline’s principal offices will be in Houston.
    The principal office of the executive management team
    also is expected to be in Oklahoma City.

    The announcement included the naming of the
    senior operations leadership team of the natural
    gas midstream partnership that includes OGE
    Energy Corp.’s midstream business Enogex LLC and
    CenterPoint Energy’s interstate pipelines and field
    services businesses.
    More than 1,900 employees work at Enable
    Midstream which has combined assets of nearly $11
    billion in nine states. It owns and operates 8,400 miles
    of interstate pipelines with nearly 9 billion cubic feet
    per day of transport capacity and nearly 2,300 miles
    of intrastate pipelines. It also has more than 11,000
    miles of gathering lines, which in 2012 moved nearly 4
    billion cubic feet of natural gas per day.
    Additionally, it has more than 90 billion cubic feet
    of natural gas storage capacity and 11 major processing
    plants with nearly 2 billion cubic feet per day of inlet
    capacity.

  22. #172

    Default Re: Enable Midstream Partners

    From their Facebook page: ''Thanks for following Enable Midstream! We are going to be sharing some facts about our company in the days to come!''

    - https://www.facebook.com/EnableMidst...33492903392708

  23. #173

    Default Re: Enable Midstream Partners

    Hopefully they'll post some interesting info.

    Highly unlikely that it will be anything remotely tower related.

  24. #174

    Default Re: Enable Midstream Partners

    Enable apparently a new Thunder sponsor. They are advertising heavily on the Thunder-Sixers game today,including advertising for employees.

  25. #175

    Default Re: Enable Midstream Partners

    Quote Originally Posted by betts View Post
    Enable apparently a new Thunder sponsor. They are advertising heavily on the Thunder-Sixers game today,including advertising for employees.
    kind of new .. enable is enogex .. so they took over that sponsor ship ..

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