The Chairman & CEO of EnLink Midstream LLC (NYSE: ENLC) is Buying Shares

Today, the Chairman & CEO of EnLink Midstream LLC (ENLCResearch Report), Barry Davis, bought shares of ENLC for $1M.

This recent transaction increases Barry Davis’ holding in the company by 4.79% to a total of $22 million. This is Davis’ first transaction since reporting a Buy transaction on ENLK back in March 2009

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The company has a one-year high of $17.65 and a one-year low of $7.20.

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EnLink Midstream LLC engages in the gathering, transmission, processing, and marketing of natural gas and natural gas liquids, condensate and crude oil, as well as providing crude oil, condensate, and brine services to producers. It operates through the following segments: Texas, Oklahoma, Lousiana, Crude and Condensate, and Corporate.