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S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
S&P 500   3,831.39
DOW   30,967.82
QQQ   286.96
NYSE:ENLC

EnLink Midstream Stock Forecast, Price & News

$8.29
-0.53 (-6.01%)
(As of 07/5/2022 12:00 AM ET)
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Today's Range
$8.01
$8.59
50-Day Range
$8.00
$11.73
52-Week Range
$4.78
$11.85
Volume
2.53 million shs
Average Volume
2.76 million shs
Market Capitalization
$4.01 billion
P/E Ratio
59.21
Dividend Yield
5.10%
Price Target
$10.17

EnLink Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
22.6% Upside
$10.17 Price Target
Short Interest
Bearish
5.80% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
58.06%
From $0.31 to $0.49 Per Share

Overall MarketRank

MarketRank is calculated as 30% analysis score, 20% valuation score, 10% short interest score, 10% dividend score, 10% sustainability score, 10% news and social score, and 10% insider trading score.

1.49 out of 5 stars

Oils/Energy Sector

207th out of 390 stocks

Natural Gas Transmission Industry

15th out of 31 stocks

30 days | 90 days | 365 days | Advanced Chart

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EnLink Midstream logo

About EnLink Midstream (NYSE:ENLC) Stock

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, 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 stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 22 natural gas processing plants;7 fractionators with approximately 320,000 barrels per day; 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.

ENLC Stock News Headlines

Buy The EnLink Midstream Selloff
Jesse Arenivas named new CEO at EnLink Midstream
2MLP Monthly Report: June 2022
EnLink Midstream: Back In Growth Mode
What 8 Analyst Ratings Have To Say About EnLink Midstream
See More Headlines

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
1,073
Year Founded
N/A

Company Calendar

Ex-Dividend for 5/13 Dividend
4/28/2022
Last Earnings
5/03/2022
Dividend Payable
5/13/2022
Today
7/06/2022
Next Earnings (Estimated)
8/02/2022
Fiscal Year End
12/31/2022

Price Target and Rating

Average Stock Price Forecast
$10.17
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+22.6%
Consensus Rating
Hold
Rating Score (0-4)
2
Research Coverage
7 Analysts

Profitability

Net Income
$22.40 million
Pretax Margin
2.92%

Debt

Sales & Book Value

Annual Sales
$6.69 billion
Cash Flow
$1.26 per share
Book Value
$6.17 per share

Miscellaneous

Free Float
479,938,000
Market Cap
$4.01 billion
Optionable
Optionable
Beta
2.76














EnLink Midstream Frequently Asked Questions

Should I buy or sell EnLink Midstream stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 2 sell ratings, 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research 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 is EnLink Midstream's stock price forecast for 2022?

7 Wall Street analysts have issued 12-month price targets for EnLink Midstream's shares. Their ENLC stock forecasts range from $7.00 to $13.00. On average, they expect EnLink Midstream's share price to reach $10.17 in the next year. This suggests a possible upside of 22.6% from the stock's current price.
View analysts' price targets for EnLink Midstream
or view top-rated stocks among Wall Street analysts.

How has EnLink Midstream's stock performed in 2022?

EnLink Midstream's stock was trading at $6.89 at the beginning of 2022. Since then, ENLC stock has increased by 20.3% and is now trading at $8.29.
View the best growth stocks for 2022 here
.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for EnLink Midstream
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) announced its quarterly earnings data on Tuesday, May, 3rd. The pipeline company reported $0.07 EPS for the quarter, beating the consensus estimate of $0.05 by $0.02. The pipeline company had revenue of $2.23 billion for the quarter, compared to analysts' expectations of $1.72 billion. EnLink Midstream had a net margin of 0.92% and a trailing twelve-month return on equity of 2.33%.
View EnLink Midstream's earnings history
.

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

EnLink Midstream declared a quarterly dividend on Tuesday, April 19th. Shareholders of record on Friday, April 29th will be paid a dividend of $0.112 per share on Friday, May 13th. This represents a $0.45 dividend on an annualized basis and a yield of 5.40%. The ex-dividend date is Thursday, April 28th.
View EnLink Midstream's dividend history
.

Is EnLink Midstream a good dividend stock?

EnLink Midstream(NYSE:ENLC) pays an annual dividend of $0.45 per share and currently has a dividend yield of 5.10%. 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 321.43%. 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 91.84% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend.
View EnLink Midstream's dividend history.

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 60, Pay $2.94M)
  • Mr. Pablo G. Mercado, Exec. VP & CFO of EnLink Midstream GP LLC (Age 45, Pay $1.33M)
  • Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 42, Pay $1.58M)
  • Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 47, Pay $1.36M)
  • Mr. Jan Philipp Rossbach, VP & Chief Accounting Officer (Age 40)
  • Mr. Brian Joseph Brungardt Jr., C.F.A., Director of Investor Relations
  • 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 (Age 43)

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.

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."

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 $8.29.

How much money does EnLink Midstream make?

EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.01 billion and generates $6.69 billion in revenue each year. The pipeline company earns $22.40 million in net income (profit) each year or $0.14 on an earnings per share basis.

How many employees does EnLink Midstream have?

EnLink Midstream employs 1,073 workers across the globe.

How can I contact EnLink Midstream?

EnLink Midstream's mailing address is 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201. The official website for EnLink Midstream is www.enlink.com. The pipeline company can be reached via phone at (214) 953-9500, via email at kate.walsh@enlink.com, or via fax at 214-953-9501.

This page (NYSE:ENLC) was last updated on 7/6/2022 by MarketBeat.com Staff

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