NYSE:ENBL - Enable Midstream Partners Stock Price, News, & Analysis

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$16.00 +0.04 (+0.25 %)
(As of 09/25/2018 04:00 PM ET)
Previous Close$15.96
Today's Range$15.75 - $16.16
52-Week Range$12.89 - $19.27
Volume254,200 shs
Average Volume560,825 shs
Market Capitalization$7.01 billion
P/E Ratio17.39
Dividend Yield7.86%
Beta1.77
Enable Midstream Partners logoEnable 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENBL
CUSIPN/A
Phone405-525-7788

Debt

Debt-to-Equity Ratio0.40
Current Ratio0.34
Quick Ratio0.31

Price-To-Earnings

Trailing P/E Ratio17.39
Forward P/E Ratio16.16
P/E Growth2.2

Sales & Book Value

Annual Sales$2.80 billion
Price / Sales2.47
Cash Flow$1.8286 per share
Price / Cash8.75
Book Value$16.86 per share
Price / Book0.95

Profitability

EPS (Most Recent Fiscal Year)$0.92
Net Income$436 million
Net Margins14.03%
Return on Equity5.91%
Return on Assets3.71%

Miscellaneous

Employees1,630
Outstanding Shares433,060,000
Market Cap$7.01 billion

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 declared a quarterly dividend on Wednesday, August 1st. Investors of record on Tuesday, August 21st will be paid a dividend of $0.318 per share on Tuesday, August 28th. This represents a $1.27 dividend on an annualized basis and a dividend yield of 7.95%. The ex-dividend date of this dividend is Monday, August 20th. View Enable Midstream Partners' Dividend History.

How were Enable Midstream Partners' earnings last quarter?

Enable Midstream Partners LP (NYSE:ENBL) issued its earnings results on Thursday, August, 2nd. The pipeline company reported $0.20 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.22 by $0.02. The pipeline company had revenue of $805 million for the quarter, compared to the consensus estimate of $772.28 million. Enable Midstream Partners had a net margin of 14.03% and a return on equity of 5.91%. The firm's quarterly revenue was up 28.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.20 EPS. View Enable Midstream Partners' Earnings History.

When is Enable Midstream Partners' next earnings date?

Enable Midstream Partners is scheduled to release their next quarterly earnings announcement on Wednesday, November, 7th 2018. View Earnings Estimates for Enable Midstream Partners.

What price target have analysts set for ENBL?

11 brokerages have issued twelve-month price objectives for Enable Midstream Partners' stock. Their predictions range from $17.00 to $19.00. On average, they anticipate Enable Midstream Partners' stock price to reach $18.25 in the next year. This suggests a possible upside of 14.1% from the stock's current price. View Analyst Price Targets for Enable Midstream Partners.

What is the consensus analysts' recommendation for Enable Midstream Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Enable Midstream Partners in the last year. There are currently 8 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Enable Midstream Partners.

Are investors shorting Enable Midstream Partners?

Enable Midstream Partners saw a drop in short interest in August. As of August 15th, there was short interest totalling 4,232,501 shares, a drop of 36.9% from the July 31st total of 6,712,448 shares. Based on an average trading volume of 1,018,257 shares, the short-interest ratio is presently 4.2 days. Approximately 7.8% of the company's shares are short sold. View Enable Midstream Partners' Current Options Chain.

Who are some of Enable Midstream Partners' key competitors?

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 variety of of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (1.68%), Perella Weinberg Partners Capital Management LP (0.20%), Dividend Assets Capital LLC (0.17%), Spirit of America Management Corp NY (0.16%), Commonwealth of Pennsylvania Public School Empls Retrmt SYS (0.12%) and Bank of America Corp DE (0.11%). 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 institutional investors are selling Enable Midstream Partners stock?

ENBL stock was sold by a variety of institutional investors in the last quarter, including Bank of America Corp DE, Renaissance Technologies LLC, Dividend Assets Capital LLC, Eagle Global Advisors LLC, First Trust Advisors LP, Cbre Clarion Securities LLC, Miller Howard Investments Inc. NY and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Enable Midstream Partners.

Which institutional investors are buying Enable Midstream Partners stock?

ENBL stock was bought by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Perella Weinberg Partners Capital Management LP, Duff & Phelps Investment Management Co., Advisors Asset Management Inc., Kayne Anderson Capital Advisors LP, Arrow Investment Advisors LLC and Spirit of America Management Corp NY. Company insiders that have bought Enable Midstream Partners stock in the last two years include 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 $16.00.

How big of a company is Enable Midstream Partners?

Enable Midstream Partners has a market capitalization of $7.01 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?

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

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  250 (Vote Outperform)
Underperform Votes:  320 (Vote Underperform)
Total Votes:  570
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.
This page was last updated on 9/25/2018 by MarketBeat.com Staff

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