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About EnLink Midstream (NYSE:ENLC)
EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, exporting, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, and trans-loading crude oil, and condensate. 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. EnLink Midstream, LLC is a subsidiary of Devon Energy Corporation.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENLC
CUSIPN/A
Phone214-953-9500
Debt
Debt-to-Equity Ratio0.70
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio104.06
Forward P/E Ratio21.41
P/E GrowthN/A
Sales & Book Value
Annual Sales$5.74 billion
Price / Sales0.53
Cash Flow$3.1569 per share
Price / Cash5.29
Book Value$30.77 per share
Price / Book0.54
Profitability
EPS (Most Recent Fiscal Year)($0.05)
Net Income$212.80 million
Net Margins3.68%
Return on Equity0.62%
Return on Assets0.32%
Miscellaneous
Employees1,494
Outstanding Shares181,040,000
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 declared a quarterly dividend on Thursday, April 19th. Stockholders of record on Monday, April 30th will be given a dividend of $0.263 per share on Tuesday, May 15th. This represents a $1.05 dividend on an annualized basis and a dividend yield of 6.30%. The ex-dividend date of this dividend is Friday, April 27th. This is an increase from EnLink Midstream's previous quarterly dividend of $0.26. View EnLink Midstream's Dividend History.
How were EnLink Midstream's earnings last quarter?
EnLink Midstream (NYSE:ENLC) released its quarterly earnings data on Tuesday, May, 1st. The pipeline company reported $0.07 earnings per share for the quarter, missing the Zacks' consensus estimate of $0.13 by $0.06. The pipeline company had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.58 billion. EnLink Midstream had a net margin of 3.68% and a return on equity of 0.62%. The firm's quarterly revenue was up 33.3% on a year-over-year basis. During the same period last year, the company posted ($0.01) earnings per share. View EnLink Midstream's Earnings History.
When is EnLink Midstream's next earnings date?
What price target have analysts set for ENLC?
14 analysts have issued 1-year price objectives for EnLink Midstream's stock. Their forecasts range from $14.00 to $20.00. On average, they expect EnLink Midstream's stock price to reach $17.1538 in the next year. View Analyst Ratings for EnLink Midstream.
Who are some of EnLink Midstream's key competitors?
Some companies that are related to EnLink Midstream include Targa Resources (TRGP), Western Gas Partners (WES), Western Gas Equity (WGP), EQT Holdings Management (EQGP), Enable Midstream Partners (ENBL), EnLink Midstream Partners (ENLK), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), Transportadora de Gas del Sur (TGS), Boardwalk Pipeline Partners (BWP) and Rice Midstream Partners (RMP).
Who are EnLink Midstream's key executives?
EnLink Midstream's management team includes the folowing people:
- Mr. Barry E. Davis, Exec. Chairman of EnLink Midstream Mang. LLC (Age 56)
- Mr. Michael J. Garberding, Pres, CEO & Director of EnLink Midstream Mang. LLC (Age 49)
- Mr. McMillan Hummel, Exec. VP and Pres of Natural Gas Liquids & Crude - EnLink Midstream Mang. LLC (Age 55)
- Mr. Benjamin D. Lamb, Exec. VP of North Texas & Oklahoma - EnLink Midstream Mang. LLC (Age 38)
- Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 46)
Has EnLink Midstream been receiving favorable news coverage?
News coverage about ENLC stock has trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. EnLink Midstream earned a daily sentiment score of 0.20 on Accern's scale. They also gave news coverage about the pipeline company an impact score of 46.55 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the stock's share price in the near term.
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 Tortoise Capital Advisors L.L.C. (2.39%), Tortoise Capital Advisors L.L.C. (2.39%), Dimensional Fund Advisors LP (1.75%), Principal Financial Group Inc. (1.64%), Principal Financial Group Inc. (1.64%) and Citigroup Inc. (0.92%). 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 Catalyst Capital Advisors LLC, Citadel Advisors LLC, Westwood Holdings Group Inc., UBS Group AG, NBW Capital LLC, BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Hodges Capital Management Inc.. View Insider Buying and Selling for EnLink Midstream.
Which institutional investors are buying EnLink Midstream stock?
ENLC stock was bought by a variety of institutional investors in the last quarter, including Principal Financial Group Inc., Principal Financial Group Inc., Dimensional Fund Advisors LP, Kayne Anderson Capital Advisors LP, Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C. and JPMorgan Chase & Co.. 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 $16.70.
How big of a company is EnLink Midstream?
EnLink Midstream has a market capitalization of $3.01 billion and generates $5.74 billion in revenue each year. The pipeline company earns $212.80 million in net income (profit) each year or ($0.05) on an earnings per share basis. EnLink Midstream employs 1,494 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 pipeline company can be reached via phone at 214-953-9500 or via email at [email protected]
MarketBeat Community Rating for EnLink Midstream (ENLC)
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.
EnLink Midstream (NYSE:ENLC) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
14 Wall Street analysts have issued ratings and price targets for EnLink Midstream in the last 12 months. Their average twelve-month price target is $17.1538, suggesting that the stock has a possible upside of 2.72%. The high price target for ENLC is $20.00 and the low price target for ENLC is $14.00. There are currently 1 sell rating, 10 hold ratings and 3 buy ratings for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 2.14 | 2.07 | 2.14 | 2.08 |
| Ratings Breakdown: | 1 Sell Rating(s)
10 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
11 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 0 Sell Rating(s)
12 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) | 1 Sell Rating(s)
9 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $17.1538 | $17.1538 | $18.5833 | $18.8182 |
| Price Target Upside: | 2.72% upside | 15.51% upside | 7.42% upside | 22.20% upside |
EnLink Midstream (NYSE:ENLC) Consensus Price Target History
EnLink Midstream (NYSE:ENLC) Analyst Ratings History
Show:
(Data available from 5/22/2016 forward)
EnLink Midstream (NYSE:ENLC) Dividend Information
EnLink Midstream pays an annual dividend of $1.05 per share, with a dividend yield of 6.29%. ENLC's most recent quarterly dividend payment was Tuesday, May 15. EnLink Midstream pays out -2,100.00% of its earnings out as a dividend.
| Most Recent Dividend: | 5/15/2018 |
| Annual Dividend: | $1.05 |
| Dividend Yield: | 6.29% |
| Dividend Growth: | 17.40% (3 Year Average) |
| Payout Ratio(s): | -2,100.00% (Trailing 12 Months of Earnings)
134.62% (Based on This Year's Estimates)
120.69% (Based on Next Year's Estimates)
33.26% (Based on Cash Flow)
|
| Frequency: | Quarterly Dividend |
EnLink Midstream (NYSE:ENLC) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/19/2018 | quarterly | $0.2630 | 7.08% | 4/27/2018 | 4/30/2018 | 5/15/2018 |
| 1/22/2018 | quarterly | $0.2590 | 5.38% | 1/30/2018 | 1/31/2018 | 2/14/2018 |
| 10/20/2017 | quarterly | $0.2550 | 6.26% | 10/31/2017 | 11/1/2017 | 11/14/2017 |
| 7/20/2017 | Quarterly | $0.2550 | 5.72% | 7/28/2017 | 8/1/2017 | 8/14/2017 |
| 4/21/2017 | quarterly | $0.2550 | 5.57% | 4/28/2017 | 5/2/2017 | 5/15/2017 |
| 1/20/2017 | quarterly | $0.2550 | 5.45% | 1/27/2017 | 1/31/2017 | 2/14/2017 |
| 10/20/2016 | quarterly | $0.2550 | 6% | 10/27/2016 | 10/31/2016 | 11/14/2016 |
| 7/20/2016 | quarterly | $0.2550 | | 7/28/2016 | 8/1/2016 | 8/12/2016 |
| 7/20/2016 | quarterly | $0.39 | 6.32% | 7/28/2016 | 8/1/2016 | 8/11/2016 |
| 4/21/2016 | quarterly | $0.2550 | 7.41% | 4/28/2016 | 5/2/2016 | 5/13/2016 |
| 4/21/2016 | quarterly | $0.39 | | | 5/2/2016 | 5/12/2016 |
| 1/21/2016 | quarterly | $0.2550 | 8.58% | 1/28/2016 | 2/1/2016 | 2/12/2016 |
| 1/21/2016 | quarterly | $0.39 | | | 2/1/2016 | 2/11/2016 |
| 10/21/2015 | quarterly | $0.2550 | 4.63% | 10/29/2015 | 11/2/2015 | 11/13/2015 |
| 10/21/2015 | quarterly | $0.39 | | | 11/2/2015 | 11/12/2015 |
| 7/21/2015 | quarterly | $0.25 | 3.51% | 7/29/2015 | 7/31/2015 | 8/14/2015 |
| 4/23/2015 | quarterly | $0.2450 | 2.8% | 4/29/2015 | 5/1/2015 | 5/15/2015 |
| 4/23/2015 | quarterly | $0.38 | | | 5/1/2015 | 5/14/2015 |
| 1/21/2015 | quarterly | $0.2350 | 2.8% | 1/29/2015 | 2/2/2015 | 2/13/2015 |
| 10/22/2014 | quarterly | $0.23 | 2.37% | 10/30/2014 | 11/3/2014 | 11/14/2014 |
| 7/25/2014 | quarterly | $0.22 | 2.18% | 7/31/2014 | 8/4/2014 | 8/14/2014 |
| 4/28/2014 | special | $0.18 | | 5/1/2014 | 5/5/2014 | 5/15/2014 |
| 4/25/2014 | | $0.18 | | 5/1/2014 | 5/5/2014 | 5/14/2014 |
(Data available from 1/1/2013 forward)
EnLink Midstream (NYSE ENLC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 34.32%
EnLink Midstream (NYSE ENLC) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
| 5/15/2018 | Susan J Mcaden | CAO | Sell | 15,023 | $16.90 | $253,888.70 | 22,944 |  |
| 12/1/2016 | Susan J Mcaden | VP | Sell | 5,400 | $18.56 | $100,224.00 | 30,994 | |
| 6/9/2015 | Stan Golemon | SVP | Sell | 33,431 | $32.36 | $1,081,827.16 | | |
| 6/8/2015 | Stan Golemon | SVP | Sell | 11,931 | $32.35 | $385,967.85 | | |
(Data available from 1/1/2013 forward)
EnLink Midstream (NYSE ENLC) News Headlines
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EnLink Midstream (NYSE:ENLC) SEC Filings
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EnLink Midstream (NYSE:ENLC) Income Statement, Balance Sheet and Cash Flow Statement
EnLink Midstream (NYSE ENLC) Stock Chart for Tuesday, May, 22, 2018
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