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
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENBL
CUSIPN/A
Phone405-525-7788
Debt
Debt-to-Equity Ratio0.36
Current Ratio0.29
Quick Ratio0.27
Price-To-Earnings
Trailing P/E Ratio20.47
Forward P/E Ratio18.88
P/E Growth2.95
Sales & Book Value
Annual Sales$2.80 billion
Price / Sales2.86
Cash Flow$1.8556 per share
Price / Cash9.97
Book Value$16.86 per share
Price / Book1.10
Profitability
EPS (Most Recent Fiscal Year)$0.92
Net Income$436 million
Net Margins14.59%
Return on Equity5.76%
Return on Assets3.69%
Miscellaneous
Employees1,630
Outstanding Shares433,070,000
Market Cap$7,981.52
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 Tuesday, May 1st. Investors of record on Tuesday, May 22nd will be paid a dividend of $0.318 per share on Tuesday, May 29th. This represents a $1.27 annualized dividend and a yield of 6.88%. The ex-dividend date is Monday, May 21st. View Enable Midstream Partners' Dividend History.
How were Enable Midstream Partners' earnings last quarter?
Enable Midstream Partners LP (NYSE:ENBL) released its earnings results on Wednesday, May, 2nd. The pipeline company reported $0.24 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.01. The pipeline company had revenue of $748 million for the quarter, compared to the consensus estimate of $749.80 million. Enable Midstream Partners had a return on equity of 5.76% and a net margin of 14.59%. The company's quarterly revenue was up 12.3% compared to the same quarter last year. During the same period in the previous year, the company earned $0.26 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?
11 brokers have issued 12 month price objectives for Enable Midstream Partners' stock. Their predictions range from $17.00 to $19.00. On average, they expect Enable Midstream Partners' stock price to reach $18.00 in the next year. This suggests that the stock has a possible downside of 2.7%. View Analyst Ratings 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."
Are investors shorting Enable Midstream Partners?
Enable Midstream Partners saw a increase in short interest in June. As of June 29th, there was short interest totalling 7,699,453 shares, an increase of 118.8% from the June 15th total of 3,518,575 shares. Based on an average trading volume of 677,897 shares, the days-to-cover ratio is currently 11.4 days. Currently, 17.9% of the company's shares are sold short. 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 Williams Companies (WMB), Energy Transfer Equity LP Unit (ETE), Spectra Energy Partners (SEP), Targa Resources (TRGP), Western Gas Equity Partners (WGP), Western Gas Partners (WES), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy (TGE) and Tallgrass Energy Partners (TEP).
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)
Has Enable Midstream Partners been receiving favorable news coverage?
News stories about ENBL stock have been trending somewhat positive on Friday, according to Accern Sentiment Analysis. Accern identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Enable Midstream Partners earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news headlines about the pipeline company an impact score of 45.13 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
Who are Enable Midstream Partners' major shareholders?
Enable Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional investors include Spirit of America Management Corp NY (0.16%), Miller Howard Investments Inc. NY (0.05%) and Bank of Montreal Can (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 institutional investors are selling Enable Midstream Partners stock?
Which institutional investors are buying Enable Midstream Partners stock?
ENBL stock was bought by a variety of institutional investors in the last quarter, including Spirit of America Management Corp NY and Bank of Montreal Can. 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 $18.50.
How big of a company is Enable Midstream Partners?
Enable Midstream Partners has a market capitalization of $7.98 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.
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.
