Enable Midstream IPO opens higher

Enable Midstream Partners (ENBL) opened at $21.50 after pricing its IPO at $20, the midpoint of the expected $19-$21 range, and shares have continued higher to $21.92, up 9.6%.

CenterPoint Energy (CNP) and OGE Energy (OGE), through subsidiaries, will own respective 54.7% and 26.7% of the limited partner interests in the owner of natural gas and crude oil infrastructure assets.

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Comments (2)
  • SaltyDog62
    , contributor
    Comments (835) | Send Message
    Any thoughts on this MLP?
    11 Apr 2014, 10:35 AM Reply Like
  • toomuchgas
    , contributor
    Comments (1019) | Send Message
    It would have been good to get in on the IPO. However, I've got more than enough MLP's. I own CNP so I guess I'll benefit from that as they should be able to raise dividends as they did in the last increase.
    11 Apr 2014, 12:47 PM Reply Like
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