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, processing, and fractionation services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Bakken Shale formation of the Williston Basin for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, utilities, and industrial 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 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, 2018, its portfolio of midstream energy infrastructure assets included approximately 13,900 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 2,300 miles of intrastate pipelines; and 8 natural gas storage facilities with 84.5 billion cubic feet of storage capacity. The company is based in Oklahoma City, Oklahoma. Enable Midstream Partners, LP is a subsidiary of CenterPoint Energy, Inc.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Phone405-525-7788
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$3.43 billion
Profitability
Miscellaneous
Employees1,705
Next Earnings Date5/1/2019 (Estimated)
OptionableOptionable
Enable Midstream Partners (NYSE:ENBL) Frequently Asked Questions
What is Enable Midstream Partners' stock symbol?
Enable Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENBL."
How often does Enable Midstream Partners pay dividends? What is the dividend yield for Enable Midstream Partners?
Enable Midstream Partners announced a quarterly dividend on Friday, February 8th. Stockholders of record on Tuesday, February 19th will be given a dividend of $0.318 per share on Tuesday, February 26th. This represents a $1.27 annualized dividend and a dividend yield of 8.95%. The ex-dividend date of this dividend is Friday, February 15th. View Enable Midstream Partners' Dividend History.
How were Enable Midstream Partners' earnings last quarter?
Enable Midstream Partners LP (NYSE:ENBL) released its quarterly earnings data on Tuesday, February, 19th. The pipeline company reported $0.38 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.27 by $0.11. The pipeline company earned $950 million during the quarter, compared to analyst estimates of $887.67 million. Enable Midstream Partners had a return on equity of 7.20% and a net margin of 15.19%. Enable Midstream Partners's revenue for the quarter was up 17.9% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.23 earnings per share. View Enable Midstream Partners' Earnings History.
When is Enable Midstream Partners' next earnings date?
What price target have analysts set for ENBL?
6 equities research analysts have issued twelve-month target prices for Enable Midstream Partners' shares. Their predictions range from $17.00 to $18.00. On average, they anticipate Enable Midstream Partners' stock price to reach $17.80 in the next twelve months. This suggests a possible upside of 25.3% from the stock's current price. View Analyst Price Targets for Enable Midstream Partners.
What is the consensus analysts' recommendation for Enable Midstream Partners?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enable Midstream Partners in the last year. There are currently 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Enable Midstream Partners.
Has Enable Midstream Partners been receiving favorable news coverage?
News coverage about ENBL stock has been trending somewhat negative recently, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Enable Midstream Partners earned a daily sentiment score of -1.1 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an impact on the company's share price in the near term.
Are investors shorting Enable Midstream Partners?
Enable Midstream Partners saw a decline in short interest in February. As of February 28th, there was short interest totalling 4,257,543 shares, a decline of 44.5% from the February 15th total of 7,674,142 shares. Based on an average daily trading volume, of 756,757 shares, the days-to-cover ratio is currently 5.6 days. Currently, 7.7% of the shares of the stock are short sold. View Enable Midstream Partners' Current Options Chain.
Who are some of Enable Midstream Partners' key competitors?
Some companies that are related to Enable Midstream Partners include Energy Transfer LP Unit (ET), Spectra Energy Partners (SEP), Targa Resources (TRGP), Western Gas Equity Partners (WGP), Western Midstream Partners (WES), Tallgrass Energy (TGE), EQGP (EQGP), EnLink Midstream (ENLC), EQM Midstream Partners (EQM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), TC Pipelines (TCP), Antero Midstream Partners (AM), Dominion Energy Midstream Partners (DM) and Transportadora de Gas del Sur (TGS).
What other stocks do shareholders of Enable Midstream Partners own?
Who are Enable Midstream Partners' key executives?
Enable Midstream Partners' management team includes the folowing people:
- Mr. Rodney J. Sailor, Pres, CEO & Director of Enable GP LLC (Age 61)
- Mr. John Paul Laws, Exec. VP, CFO & Treasurer of Enable GP LLC (Age 44)
- Mr. Craig S. Harris, Exec. VP & COO of Enable GP LLC (Age 54)
- Ms. Deanna J. Farmer, Exec. VP & Chief Admin. Officer of Enable GP LLC (Age 54)
- Mr. Mark C. Schroeder, Exec. VP & Gen. Counsel of Enable GP LLC (Age 63)
Who are Enable Midstream Partners' major shareholders?
Enable Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (2.01%), Harvest Fund Advisors LLC (1.34%), Kayne Anderson Capital Advisors LP (0.39%), Eagle Global Advisors LLC (0.29%), Massachusetts Financial Services Co. MA (0.28%) and Spirit of America Management Corp NY (0.16%). Company insiders that own Enable Midstream Partners stock include Arclight Capital Partners, Llc, Peter H Kind, Sean Trauschke, Thomas L Levescy and William D Rogers. View Institutional Ownership Trends for Enable Midstream Partners.
Which institutional investors are selling Enable Midstream Partners stock?
ENBL stock was sold by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, Massachusetts Financial Services Co. MA, Perella Weinberg Partners Capital Management LP, Rafferty Asset Management LLC, Harvest Fund Advisors LLC, Dividend Assets Capital LLC, Barclays PLC and Conning Inc.. View Insider Buying and Selling for Enable Midstream Partners.
Which institutional investors are buying Enable Midstream Partners stock?
ENBL stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Municipal Employees Retirement System of Michigan, Citigroup Inc., Cohen & Steers Inc., Hsbc Holdings PLC, Bank of Montreal Can, First Trust Advisors LP and Eagle Global Advisors LLC. Company insiders that have bought Enable Midstream Partners stock in the last two years include Peter H Kind, Sean Trauschke and William D Rogers. View Insider Buying and Selling for Enable Midstream Partners.
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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Enable Midstream Partners' stock price today?
One share of ENBL stock can currently be purchased for approximately $14.21.
How big of a company is Enable Midstream Partners?
Enable Midstream Partners has a market capitalization of $6.16 billion and generates $3.43 billion in revenue each year. The pipeline company earns $521 million in net income (profit) each year or $1.11 on an earnings per share basis. Enable Midstream Partners employs 1,705 workers across the globe.
What is Enable Midstream Partners' official website?
How can I contact Enable Midstream Partners?
Enable Midstream Partners' mailing address is ONE LEADERSHIP SQUARE 211 NORTH ROBINSON AVENUE SUITE 150, OKLAHOMA OK, 73102. The pipeline company can be reached via phone at 405-525-7788 or via email at [email protected]
MarketBeat Community Rating for Enable Midstream Partners (NYSE ENBL)
MarketBeat's community ratings are surveys of what our community members think about Enable Midstream Partners and other stocks. Vote "Outperform" if you believe ENBL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENBL will underperform the S&P 500 over the long term. You may vote once every thirty days.
