NYSE:ENLC - EnLink Midstream Stock Price, News, & Analysis

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$12.03 -0.16 (-1.31 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$12.19
Today's Range$11.88 - $12.15
52-Week Range$8.90 - $18.40
Volume1.74 million shs
Average Volume3.16 million shs
Market Capitalization$5.85 billion
P/E Ratio-171.86
Dividend Yield9.02%
Beta2.27
EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through Texas, Oklahoma, Louisiana, and Crude and Condensate 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 11,000 miles of pipelines; 20 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 founded in 2013 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone214-953-9500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.70 billion
Cash Flow$3.1085 per share
Book Value$27.44 per share

Profitability

Net Income$-13,200,000.00

Miscellaneous

Employees1,449
Market Cap$5.85 billion
Next Earnings Date5/7/2019 (Estimated)
OptionableOptionable

EnLink Midstream (NYSE:ENLC) Frequently Asked Questions

What is EnLink Midstream's stock symbol?

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

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

EnLink Midstream announced a quarterly dividend on Tuesday, January 15th. Shareholders of record on Thursday, January 24th will be given a dividend of $0.275 per share on Thursday, February 14th. This represents a $1.10 annualized dividend and a yield of 9.14%. The ex-dividend date is Wednesday, January 23rd. This is an increase from EnLink Midstream's previous quarterly dividend of $0.27. View EnLink Midstream's Dividend History.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream LLC (NYSE:ENLC) posted its quarterly earnings results on Tuesday, February, 19th. The pipeline company reported ($0.34) earnings per share for the quarter, missing analysts' consensus estimates of $0.17 by $0.51. The pipeline company earned $2.06 billion during the quarter, compared to analyst estimates of $2.12 billion. EnLink Midstream had a negative net margin of 0.17% and a negative return on equity of 0.25%. View EnLink Midstream's Earnings History.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for EnLink Midstream.

How can I listen to EnLink Midstream's earnings call?

EnLink Midstream will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for ENLC?

15 analysts have issued twelve-month target prices for EnLink Midstream's shares. Their predictions range from $13.00 to $19.00. On average, they anticipate EnLink Midstream's share price to reach $16.5385 in the next twelve months. This suggests a possible upside of 37.5% from the stock's current price. View Analyst Price Targets for EnLink Midstream.

What is the consensus analysts' recommendation for EnLink Midstream?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 1 sell rating, 7 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

Has EnLink Midstream been receiving favorable news coverage?

Headlines about ENLC stock have trended positive recently, according to InfoTrie Sentiment. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. EnLink Midstream earned a media sentiment score of 2.2 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the stock's share price in the next few days.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a decline in short interest during the month of February. As of February 15th, there was short interest totalling 10,841,789 shares, a decline of 26.6% from the January 31st total of 14,769,511 shares. Based on an average daily volume of 1,802,017 shares, the days-to-cover ratio is presently 6.0 days. Currently, 4.3% of the company's shares are short sold. View EnLink Midstream's Current Options Chain.

Who are some of EnLink Midstream's key competitors?

What other stocks do shareholders of EnLink Midstream own?

Who are EnLink Midstream's key executives?

EnLink Midstream's management team includes the folowing people:
  • Mr. Barry E. Davis, Exec. Chairman (Age 57)
  • Mr. Michael J. Garberding, Pres, CEO & Director of EnLink Midstream Mang. LLC (Age 50)
  • Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 47)
  • Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 39)
  • Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 44)

Who are EnLink Midstream's major shareholders?

EnLink Midstream's stock is owned by a number of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (8.07%), Tortoise Capital Advisors L.L.C. (3.26%), Dimensional Fund Advisors LP (2.38%), Dimensional Fund Advisors LP (2.38%), Principal Financial Group Inc. (1.93%) and RR Advisors LLC (1.61%). Company insiders that own EnLink Midstream stock include Alaina K Brooks, Goldman Sachs Group Inc and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream.

Which major investors are selling EnLink Midstream stock?

ENLC stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, RR Advisors LLC, Millennium Management LLC, Virtus ETF Advisers LLC, Infrastructure Capital Advisors LLC, Lubar & Co. Inc, Abacus Planning Group Inc. and Great West Life Assurance Co. Can. Company insiders that have sold EnLink Midstream company stock in the last year include Alaina K Brooks and Susan J Mcaden. View Insider Buying and Selling for EnLink Midstream.

Which major investors are buying EnLink Midstream stock?

ENLC stock was purchased by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Citigroup Inc., Kayne Anderson Capital Advisors LP, Zimmer Partners LP, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, Barclays PLC and Mirae Asset Global Investments Co. Ltd.. Company insiders that have bought EnLink Midstream stock in the last two years include Goldman Sachs Group Inc and Susan J Mcaden. View Insider Buying and Selling for EnLink Midstream.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is EnLink Midstream's stock price today?

One share of ENLC stock can currently be purchased for approximately $12.03.

How big of a company is EnLink Midstream?

EnLink Midstream has a market capitalization of $5.85 billion and generates $7.70 billion in revenue each year. The pipeline company earns $-13,200,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. EnLink Midstream employs 1,449 workers across the globe.

What is EnLink Midstream's official website?

The official website for EnLink Midstream is http://www.enlink.com.

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]


MarketBeat Community Rating for EnLink Midstream (NYSE ENLC)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  212 (Vote Outperform)
Underperform Votes:  447 (Vote Underperform)
Total Votes:  659
MarketBeat's community ratings are surveys of what our community members think about EnLink Midstream and other stocks. Vote "Outperform" if you believe ENLC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENLC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 3/22/2019 by MarketBeat.com Staff

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