NYSE:ENLC

EnLink Midstream Stock Forecast, Price & News

$6.41
+0.16 (+2.56 %)
(As of 06/14/2021 12:00 AM ET)
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Today's Range
$6.28
$6.55
50-Day Range
$4.24
$6.41
52-Week Range
$2.13
$6.55
Volume3.17 million shs
Average Volume2.53 million shs
Market Capitalization$3.14 billion
P/E RatioN/A
Dividend Yield6.08%
Beta3.51
30 days | 90 days | 365 days | Advanced Chart
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EnLink Midstream logo

About EnLink Midstream

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, North Texas, Oklahoma, Louisiana, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network includes approximately 11,900 miles of pipelines; 22 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. The company was incorporated in 2013 and is based in Dallas, Texas.

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MarketRank

Overall MarketRank

1.37 out of 5 stars

Oils/Energy Sector

167th out of 686 stocks

Natural Gas Transmission Industry

15th out of 36 stocks

Analyst Opinion: 2.0Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
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EnLink Midstream (NYSE:ENLC) Frequently Asked Questions

Is EnLink Midstream a buy right now?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 2 sell ratings, 4 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" EnLink Midstream stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENLC, but not buy additional shares or sell existing shares.
View analyst ratings for EnLink Midstream
or view top-rated stocks.

What stocks does MarketBeat like better than EnLink Midstream?

Wall Street analysts have given EnLink Midstream a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but EnLink Midstream wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a drop in short interest during the month of May. As of May 28th, there was short interest totaling 7,510,000 shares, a drop of 22.3% from the May 13th total of 9,670,000 shares. Based on an average daily volume of 2,120,000 shares, the days-to-cover ratio is presently 3.5 days. Currently, 3.0% of the shares of the stock are sold short.
View EnLink Midstream's Short Interest
.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for EnLink Midstream
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) issued its earnings results on Tuesday, May, 4th. The pipeline company reported ($0.03) EPS for the quarter, missing the Zacks' consensus estimate of ($0.02) by $0.01. The pipeline company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $980.20 million. EnLink Midstream had a positive trailing twelve-month return on equity of 1.24% and a negative net margin of 3.70%.
View EnLink Midstream's earnings history
.

How has EnLink Midstream's stock price been impacted by Coronavirus (COVID-19)?

EnLink Midstream's stock was trading at $1.96 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, ENLC shares have increased by 227.0% and is now trading at $6.41.
View which stocks have been most impacted by COVID-19
.

How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream?

EnLink Midstream announced a quarterly dividend on Tuesday, April 20th. Stockholders of record on Friday, April 30th will be paid a dividend of $0.0938 per share on Friday, May 14th. This represents a $0.38 annualized dividend and a yield of 5.85%. The ex-dividend date of this dividend is Thursday, April 29th.
View EnLink Midstream's dividend history
.

Is EnLink Midstream a good dividend stock?

EnLink Midstream pays an annual dividend of $0.38 per share and currently has a dividend yield of 6.08%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. EnLink Midstream does not yet have a strong track record of dividend growth. The dividend payout ratio of EnLink Midstream is 152.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EnLink Midstream will have a dividend payout ratio of 422.22% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend.
View EnLink Midstream's dividend history.

What price target have analysts set for ENLC?

8 brokerages have issued 1 year price objectives for EnLink Midstream's stock. Their forecasts range from $2.50 to $7.50. On average, they anticipate EnLink Midstream's share price to reach $5.00 in the next twelve months. This suggests that the stock has a possible downside of 22.0%.
View analysts' price targets for EnLink Midstream
or view top-rated stocks among Wall Street analysts.

Who are EnLink Midstream's key executives?

EnLink Midstream's management team includes the following people:
  • Mr. Barry E. Davis, Chairman & CEO of EnLink Midstream Mang., LLC (Age 59, Pay $2.41M)
  • Mr. Pablo G. Mercado, Exec. VP, CFO & PAO of EnLink Midstream GP, LLC (Age 44, Pay $1.11M)
  • Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 41, Pay $1.27M)
  • Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 46, Pay $1.08M)
  • Mr. Jan Philipp Rossbach, VP & Chief Accounting Officer (Age 39)
  • Mr. Jill McMillan, VP of Strategic Relations & Public Affairs
  • Mr. Justin Griffin, Sr. VP of Bus. & Corp. Devel.
  • Ms. Rhonda L. Price, Sr. VP of HR - Enlink Midstream Mang. LLC
  • Ms. Cynthia L. Jaggi, Sr. VP of Oklahoma
  • Mr. Michael Leblanc, Sr. VP of Liquids Bus. Unit Operations for Enlink Midstream Mang. LLc

What is Barry Davis' approval rating as EnLink Midstream's CEO?

18 employees have rated EnLink Midstream CEO Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among EnLink Midstream's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

Who are some of EnLink Midstream's key competitors?

What other stocks do shareholders of EnLink Midstream own?

What is EnLink Midstream's stock symbol?

EnLink Midstream trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLC."

Who are EnLink Midstream's major shareholders?

EnLink Midstream's stock is owned by a number of retail and institutional investors. Top institutional investors include Alps Advisors Inc. (7.18%), Chickasaw Capital Management LLC (4.10%), Dimensional Fund Advisors LP (1.81%), Mirae Asset Global Investments Co. Ltd. (1.40%), Morgan Stanley (1.16%) and JPMorgan Chase & Co. (0.96%). Company insiders that own EnLink Midstream stock include Barry E Davis and Kyle D Vann.
View institutional ownership trends for EnLink Midstream
.

Which institutional investors are selling EnLink Midstream stock?

ENLC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Mirae Asset Global Investments Co. Ltd., Great West Life Assurance Co. Can, JPMorgan Chase & Co., Walnut Private Equity Partners LLC, Tortoise Capital Advisors L.L.C., Cushing Asset Management LP, and Renaissance Technologies LLC.
View insider buying and selling activity for EnLink Midstream
or view top insider-selling stocks.

Which institutional investors are buying EnLink Midstream stock?

ENLC stock was acquired by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Chickasaw Capital Management LLC, Dimensional Fund Advisors LP, RR Advisors LLC, BlackRock Inc., Point72 Asset Management L.P., Bank of Montreal Can, and Barclays PLC. Company insiders that have bought EnLink Midstream stock in the last two years include Barry E Davis, and Kyle D Vann.
View insider buying and selling activity for EnLink Midstream
or or view top insider-buying stocks.

How do I buy shares of EnLink Midstream?

Shares of ENLC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EnLink Midstream's stock price today?

One share of ENLC stock can currently be purchased for approximately $6.41.

How much money does EnLink Midstream make?

EnLink Midstream has a market capitalization of $3.14 billion and generates $3.89 billion in revenue each year. The pipeline company earns $-421,500,000.00 in net income (profit) each year or $0.25 on an earnings per share basis.

How many employees does EnLink Midstream have?

EnLink Midstream employs 1,069 workers across the globe.

What is EnLink Midstream's official website?

The official website for EnLink Midstream is www.enlink.com.

Where are EnLink Midstream's headquarters?

EnLink Midstream is headquartered at 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201.

How can I contact EnLink Midstream?

EnLink Midstream's mailing address is 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201. The pipeline company can be reached via phone at 214-953-9500 or via email at [email protected]


This page was last updated on 6/14/2021 by MarketBeat.com Staff
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