18.26BMarket Cap21.06P/E (TTM)
29.350High28.843Low3.34MVolume29.330Open29.340Pre Close96.57MTurnover0.53%Turnover Ratio21.06P/E (Static)633.10MShares30.77252wk High1.89P/B18.18BFloat Cap25.05252wk Low0.77Dividend TTM630.08MShs Float32.166Historical High2.67%Div YieldTTM1.73%Amplitude1.241Historical Low28.951Avg Price1Lot Size
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$Energy Transfer(ET.US)$$CenterPoint Energy(CNP.US)$$OGE Energy(OGE.US)$ Energy Transfer (ET.US) and Enable Midstream (ENBL.US) announced the completion of the merger of the two companies.
Energy Transfer said that the combined company will have more than 114,000 miles of pipelines in the United States, which can generate more than $100 million in cost benefits each year.
After Enable's two largest shareholders, CNP.US and OGE Energy (OGE.US), approved the terms of the transaction, the transaction was quickly concluded. The two companies collectively own 79% of Enable.
Midpoint Energy said the company is taking measures to reduce the midstream risk after the merger.
Article excerpted from the US Stock Research Agency
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