NYSE:ENBL

Enable Midstream Partners Stock Forecast, Price & News

$9.04
-0.07 (-0.77 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$8.83
$9.14
50-Day Range
$6.76
$9.72
52-Week Range
$3.94
$9.91
Volume3.35 million shs
Average Volume1.31 million shs
Market Capitalization$3.94 billion
P/E Ratio45.20
Dividend Yield7.24%
Beta2.49
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About Enable Midstream Partners

Enable Midstream Partners, LP owns, operates, and develops midstream energy infrastructure assets in the United States. The company operates in two segments, Gathering and Processing; and Transportation and Storage. The Gathering and Processing segment provides natural gas gathering and processing services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Anadarko and Williston basins for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to producer, power plant, local distribution company, and industrial end-user customers. The company's natural gas gathering and processing assets are located in Oklahoma, Texas, Arkansas, and Louisiana; crude oil gathering assets are located in Oklahoma and North Dakota; and natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Louisiana, from Louisiana to Illinois, in Oklahoma, and from Louisiana to Alabama. As of December 31, 2020, it had a portfolio of midstream energy infrastructure assets included approximately 14,000 miles of gathering pipelines; 15 processing plants with 2.6 billion cubic feet per day of processing capacity; approximately 7,800 miles of interstate pipelines; approximately 2,200 miles of intrastate pipelines; and 7 natural gas storage facilities with 84.5 billion cubic feet of storage capacity. The company was founded in 2013 and is based in Oklahoma City, Oklahoma. Enable Midstream Partners, LP is a subsidiary of CenterPoint Energy, Inc.

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MarketRank

Overall MarketRank

1.10 out of 5 stars

Oils/Energy Sector

248th out of 689 stocks

Natural Gas Transmission Industry

21st out of 36 stocks

Analyst Opinion: 1.0Community Rank: 2.2Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -
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Enable Midstream Partners (NYSE:ENBL) Frequently Asked Questions

Is Enable Midstream Partners a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enable Midstream Partners in the last twelve months. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Enable Midstream Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENBL, but not buy additional shares or sell existing shares.
View analyst ratings for Enable Midstream Partners
or view top-rated stocks.

What stocks does MarketBeat like better than Enable Midstream Partners?

Wall Street analysts have given Enable Midstream Partners a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Enable Midstream Partners wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Enable Midstream Partners' next earnings date?

Enable Midstream Partners is scheduled to release its next quarterly earnings announcement on Wednesday, August 4th 2021.
View our earnings forecast for Enable Midstream Partners
.

How were Enable Midstream Partners' earnings last quarter?

Enable Midstream Partners, LP (NYSE:ENBL) posted its earnings results on Sunday, May, 2nd. The pipeline company reported $0.33 EPS for the quarter, topping analysts' consensus estimates of $0.17 by $0.16. The pipeline company had revenue of $970 million for the quarter, compared to the consensus estimate of $741.79 million. Enable Midstream Partners had a net margin of 5.03% and a trailing twelve-month return on equity of 5.31%. The company's quarterly revenue was up 49.7% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.19 earnings per share.
View Enable Midstream Partners' earnings history
.

How has Enable Midstream Partners' stock price been impacted by Coronavirus (COVID-19)?

Enable Midstream Partners' stock was trading at $5.12 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, ENBL shares have increased by 76.6% and is now trading at $9.04.
View which stocks have been most impacted by COVID-19
.

How often does Enable Midstream Partners pay dividends? What is the dividend yield for Enable Midstream Partners?

Enable Midstream Partners declared a quarterly dividend on Monday, April 26th. Shareholders of record on Thursday, May 13th will be given a dividend of $0.165 per share on Tuesday, May 25th. This represents a $0.66 annualized dividend and a dividend yield of 7.30%. The ex-dividend date is Wednesday, May 12th.
View Enable Midstream Partners' dividend history
.

Is Enable Midstream Partners a good dividend stock?

Enable Midstream Partners pays an annual dividend of $0.66 per share and currently has a dividend yield of 7.24%. ENBL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Enable Midstream Partners is 95.65%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Enable Midstream Partners will have a dividend payout ratio of 115.79% in the coming year. This indicates that Enable Midstream Partners may not be able to sustain their current dividend.
View Enable Midstream Partners' dividend history.

What price target have analysts set for ENBL?

5 analysts have issued 12 month price targets for Enable Midstream Partners' shares. Their forecasts range from $3.00 to $8.00. On average, they expect Enable Midstream Partners' share price to reach $6.25 in the next year. This suggests that the stock has a possible downside of 30.9%.
View analysts' price targets for Enable Midstream Partners
or view top-rated stocks among Wall Street analysts.

Who are Enable Midstream Partners' key executives?

Enable Midstream Partners' management team includes the following people:
  • Mr. Rodney J. Sailor, Pres, CEO & Director of Enable GP LLC (Age 63, Pay $3.37M)
  • Mr. John Paul Laws, Exec. VP, CFO & Treasurer of Enable GP LLC (Age 46, Pay $1.42M)
  • Ms. Deanna J. Farmer, Exec. VP & Chief Admin. Officer of Enable GP LLC (Age 56, Pay $1.09M)
  • Mr. Mark C. Schroeder, Exec. VP, Gen. Counsel and Chief Ethics & Compliance Officer of Enable GP LLC (Age 65, Pay $1.18M)
  • Mr. Thomas L. Levescy, Sr. VP, Chief Accounting Officer & Controller of Enable GP LLC (Age 52)
  • Matt Beasley, Sr. Director, Financial Planning & Analysis and Investor Relations
  • Mr. Vlad Klenikov, Sr. VP of Corp. Devel. & Fin.
  • Mr. Frank Antoine Jr., Sr. VP of Field Operations of Enable GP, LLC
  • Mr. J. Brent Hagy, VP, Deputy Gen. Counsel & Sec. of Enable GP LLC

Who are some of Enable Midstream Partners' key competitors?

What other stocks do shareholders of Enable Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Enable Midstream Partners investors own include Energy Transfer (ET), Main Street Capital (MAIN), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), Enbridge (ENB), New Residential Investment (NRZ), New York Mortgage Trust (NYMT), DCP Midstream (DCP), AT&T (T) and Crestwood Equity Partners (CEQP).

What is Enable Midstream Partners' stock symbol?

Enable Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENBL."

Who are Enable Midstream Partners' major shareholders?

Enable Midstream Partners' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (2.74%), Clearbridge Investments LLC (1.52%), JPMorgan Chase & Co. (0.76%), Goldman Sachs Group Inc. (0.65%), Morgan Stanley (0.52%) and Water Island Capital LLC (0.45%).
View institutional ownership trends for Enable Midstream Partners
.

Which major investors are selling Enable Midstream Partners stock?

ENBL stock was sold by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Citigroup Inc., Amundi Asset Management US Inc., Nwam LLC, Advisors Asset Management Inc., Mirae Asset Global Investments Co. Ltd., Blackstone Group Inc., and Sigma Planning Corp.
View insider buying and selling activity for Enable Midstream Partners
or view top insider-selling stocks.

Which major investors are buying Enable Midstream Partners stock?

ENBL stock was acquired by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Water Island Capital LLC, Credit Suisse AG, Alps Advisors Inc., Tortoise Capital Advisors L.L.C., Bank of Montreal Can, ING Groep NV, and Morgan Stanley.
View insider buying and selling activity for Enable Midstream Partners
or or view top insider-buying stocks.

How do I buy shares of Enable Midstream Partners?

Shares of ENBL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Enable Midstream Partners' stock price today?

One share of ENBL stock can currently be purchased for approximately $9.04.

How much money does Enable Midstream Partners make?

Enable Midstream Partners has a market capitalization of $3.94 billion and generates $2.46 billion in revenue each year. The pipeline company earns $88 million in net income (profit) each year or $0.69 on an earnings per share basis.

How many employees does Enable Midstream Partners have?

Enable Midstream Partners employs 1,706 workers across the globe.

What is Enable Midstream Partners' official website?

The official website for Enable Midstream Partners is www.enablemidstream.com.

Where are Enable Midstream Partners' headquarters?

Enable Midstream Partners is headquartered at 499 West Sheridan Avenue Suite 1500, OKLAHOMA OK, 73102.

How can I contact Enable Midstream Partners?

Enable Midstream Partners' mailing address is 499 West Sheridan Avenue Suite 1500, OKLAHOMA OK, 73102. The pipeline company can be reached via phone at 405-525-7788 or via email at [email protected]


This page was last updated on 6/20/2021 by MarketBeat.com Staff
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