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, 2017, its portfolio of midstream energy infrastructure assets included approximately 13,300 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 8 natural gas storage facilities with 86.0 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$2.80 billion
Profitability
Miscellaneous
Employees1,630
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 Thursday, November 8th. Shareholders of record on Friday, November 16th will be paid a dividend of $0.318 per share on Thursday, November 29th. This represents a $1.27 annualized dividend and a yield of 8.61%. The ex-dividend date is Thursday, November 15th. View Enable Midstream Partners' Dividend History.
How were Enable Midstream Partners' earnings last quarter?
Enable Midstream Partners LP (NYSE:ENBL) announced its quarterly earnings results on Wednesday, November, 7th. The pipeline company reported $0.30 earnings per share for the quarter, beating analysts' consensus estimates of $0.27 by $0.03. The pipeline company earned $928 million during the quarter, compared to the consensus estimate of $821.64 million. Enable Midstream Partners had a return on equity of 6.28% and a net margin of 13.84%. The company's revenue for the quarter was up 31.6% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.24 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?
7 equities research analysts have issued 1-year price targets for Enable Midstream Partners' stock. Their forecasts range from $18.00 to $19.00. On average, they anticipate Enable Midstream Partners' share price to reach $18.2857 in the next twelve months. This suggests a possible upside of 23.8% from the stock's current price. View Analyst Price Targets for Enable Midstream Partners.
What is the consensus analysts' recommendation for Enable Midstream Partners?
7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enable Midstream Partners in the last year. There are currently 5 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?
Headlines about ENBL stock have been trending somewhat positive on Friday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Enable Midstream Partners earned a media sentiment score of 1.6 on InfoTrie's scale. They also gave media headlines about the pipeline company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely to have an effect on the company's share price in the near term.
Who are some of Enable Midstream Partners' key competitors?
Some companies that are related to Enable Midstream Partners include Spectra Energy Partners (SEP), Energy Transfer LP Unit (ET), Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity Partners (WGP), Tallgrass Energy (TGE), EQGP (EQGP), EQM Midstream Partners (EQM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), Transportadora de Gas del Sur (TGS), Antero Midstream GP (AMGP), TC Pipelines (TCP) and Dominion Energy Midstream Partners (DM).
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 60)
- Mr. John Paul Laws, Exec. VP, CFO & Treasurer of Enable GP LLC (Age 43)
- Mr. Paul M. Brewer, Exec. VP of Operations - Enable GP LLC (Age 59)
- Mr. Mark C. Schroeder, Exec. VP & Gen. Counsel of Enable GP LLC (Age 62)
- Mr. Craig S. Harris, Exec. VP & Chief Commercial Officer of Enable GP LLC (Age 53)
Who are Enable Midstream Partners' major shareholders?
Enable Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Spirit of America Management Corp NY (0.16%) and Virtu Financial LLC (0.00%). Company insiders that own Enable Midstream Partners stock include Arclight Capital Partners, Llc, Sean Trauschke, Thomas L Levescy and William D Rogers. View Institutional Ownership Trends for Enable Midstream Partners.
Which major investors are selling Enable Midstream Partners stock?
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 $14.77.
How big of a company is Enable Midstream Partners?
Enable Midstream Partners has a market capitalization of $6.43 billion and generates $2.80 billion in revenue each year. The pipeline company earns $436 million in net income (profit) each year or $0.92 on an earnings per share basis. Enable Midstream Partners employs 1,630 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.
