Enable Midstream to cut 10% of its workforce

• Enable Midstream Partners (ENBL -0.6%) says it will cut its workforce of ~2,000 by 10% this year, blaming volatility in oil and natural gas prices.
• CEO Lynn Bourdon says this year will be “financially demanding” for the company.
• ENBL’s holdings include 11,000 miles of gathering pipelines, 12 processing plants and 7,900 miles of interstate pipelines; ENBL is expected to release Q4 earnings tomorrow.