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NYSE:ENBL

Enable Midstream Partners Stock Forecast, Price & News

$4.41
-0.02 (-0.45 %)
(As of 09/18/2020 12:00 AM ET)
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Today's Range
$4.32
Now: $4.41
$4.54
50-Day Range
$4.43
MA: $5.26
$6.02
52-Week Range
$1.61
Now: $4.41
$12.95
Volume2.91 million shs
Average Volume1.25 million shs
Market Capitalization$1.92 billion
P/E Ratio7.74
Dividend Yield13.98%
Beta2.64
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.1Community Rank: 2.3Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.95 out of 5 stars


Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
CUSIPN/A
Phone405-525-7788

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$2.96 billion
Cash Flow$1.96 per share
Book Value$16.19 per share

Profitability

Net Income$396 million

Miscellaneous

Employees1,735
Market Cap$1.92 billion
Next Earnings Date11/4/2020 (Estimated)
OptionableOptionable
$4.41
-0.02 (-0.45 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Enable Midstream Partners (NYSE:ENBL) Frequently Asked Questions

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

Enable Midstream Partners' stock was trading at $5.12 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENBL stock has decreased by 13.9% and is now trading at $4.41.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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 1 sell rating, 3 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Enable Midstream Partners
.

When is Enable Midstream Partners' next earnings date?

Enable Midstream Partners is scheduled to release its next quarterly earnings announcement on Wednesday, November 4th 2020.
View our earnings forecast for Enable Midstream Partners
.

How were Enable Midstream Partners' earnings last quarter?

Enable Midstream Partners LP (NYSE:ENBL) released its quarterly earnings results on Wednesday, August, 5th. The pipeline company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The pipeline company earned $515 million during the quarter, compared to the consensus estimate of $708.94 million. Enable Midstream Partners had a net margin of 11.80% and a return on equity of 5.91%. The firm's revenue was down 29.9% on a year-over-year basis. During the same period in the prior year, the company earned $0.26 earnings per share.
View Enable Midstream Partners' earnings history
.

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 Wednesday, August 5th. Shareholders of record on Tuesday, August 18th will be given a dividend of $0.165 per share on Tuesday, August 25th. This represents a $0.66 annualized dividend and a yield of 14.97%. The ex-dividend date is Monday, August 17th.
View Enable Midstream Partners' dividend history
.

What price target have analysts set for ENBL?

6 Wall Street analysts have issued 1 year price targets for Enable Midstream Partners' stock. Their forecasts range from $3.00 to $14.00. On average, they expect Enable Midstream Partners' share price to reach $8.00 in the next year. This suggests a possible upside of 81.4% from the stock's current price.
View analysts' price targets for Enable Midstream Partners
.

Are investors shorting Enable Midstream Partners?

Enable Midstream Partners saw a increase in short interest in the month of August. As of August 14th, there was short interest totaling 4,180,000 shares, an increase of 20.1% from the July 30th total of 3,480,000 shares. Based on an average trading volume of 1,470,000 shares, the short-interest ratio is presently 2.8 days. Approximately 4.8% of the shares of the stock are sold short.
View Enable Midstream Partners' Short Interest
.

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 LP Unit (ET), Main Street Capital (MAIN), Enterprise Products Partners (EPD), NGL Energy Partners (NGL), Enbridge (ENB), New Residential Investment (NRZ), DCP Midstream (DCP), NY MTG TR INC/SH (NYMT), AT&T (T) and AGNC Investment (AGNC).

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 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)

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 institutional and retail investors. Top institutional investors include Alps Advisors Inc. (2.49%), Brookfield Asset Management Inc. (0.48%), First Trust Advisors LP (0.39%), Kayne Anderson Capital Advisors LP (0.27%), UBS Group AG (0.26%) and Bank of America Corp DE (0.19%). Company insiders that own Enable Midstream Partners stock include Peter H Kind, Sean Trauschke and Thomas L Levescy.
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 Alps Advisors Inc., Dividend Assets Capital LLC, UBS Group AG, Neuberger Berman Group LLC, Envestnet Asset Management Inc., Bank of Montreal Can, Avantax Advisory Services Inc., and HighTower Advisors LLC.
View insider buying and selling activity 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 Brookfield Asset Management Inc., Kayne Anderson Capital Advisors LP, First Trust Advisors LP, Bank of America Corp DE, Goldman Sachs Group Inc., Ensign Peak Advisors Inc, California Public Employees Retirement System, and Virtu Financial LLC. Company insiders that have bought Enable Midstream Partners stock in the last two years include Peter H Kind, and Sean Trauschke.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Enable Midstream Partners' stock price today?

One share of ENBL stock can currently be purchased for approximately $4.41.

How big of a company is Enable Midstream Partners?

Enable Midstream Partners has a market capitalization of $1.92 billion and generates $2.96 billion in revenue each year. The pipeline company earns $396 million in net income (profit) each year or $1.01 on an earnings per share basis. Enable Midstream Partners employs 1,735 workers across the globe.

What is Enable Midstream Partners' official website?

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

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 9/19/2020 by MarketBeat.com Staff

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