S&P 500   3,736.37 (-1.44%)
DOW   29,981.48 (-1.10%)
QQQ   276.20 (-2.10%)
AAPL   143.96 (-1.46%)
MSFT   244.64 (-1.70%)
META   135.38 (-3.49%)
GOOGL   99.00 (-2.60%)
AMZN   118.28 (-2.32%)
TSLA   235.68 (-5.52%)
NVDA   127.34 (-3.29%)
NIO   15.71 (-6.10%)
BABA   83.28 (-0.99%)
AMD   65.50 (-3.53%)
T   15.82 (-1.68%)
MU   53.34 (-1.15%)
CGC   2.99 (-4.78%)
F   12.26 (-0.81%)
GE   66.95 (-0.87%)
DIS   99.21 (-2.20%)
AMC   7.13 (-8.94%)
PYPL   91.35 (-1.55%)
PFE   43.79 (-1.51%)
NFLX   228.21 (-5.20%)
S&P 500   3,736.37 (-1.44%)
DOW   29,981.48 (-1.10%)
QQQ   276.20 (-2.10%)
AAPL   143.96 (-1.46%)
MSFT   244.64 (-1.70%)
META   135.38 (-3.49%)
GOOGL   99.00 (-2.60%)
AMZN   118.28 (-2.32%)
TSLA   235.68 (-5.52%)
NVDA   127.34 (-3.29%)
NIO   15.71 (-6.10%)
BABA   83.28 (-0.99%)
AMD   65.50 (-3.53%)
T   15.82 (-1.68%)
MU   53.34 (-1.15%)
CGC   2.99 (-4.78%)
F   12.26 (-0.81%)
GE   66.95 (-0.87%)
DIS   99.21 (-2.20%)
AMC   7.13 (-8.94%)
PYPL   91.35 (-1.55%)
PFE   43.79 (-1.51%)
NFLX   228.21 (-5.20%)
S&P 500   3,736.37 (-1.44%)
DOW   29,981.48 (-1.10%)
QQQ   276.20 (-2.10%)
AAPL   143.96 (-1.46%)
MSFT   244.64 (-1.70%)
META   135.38 (-3.49%)
GOOGL   99.00 (-2.60%)
AMZN   118.28 (-2.32%)
TSLA   235.68 (-5.52%)
NVDA   127.34 (-3.29%)
NIO   15.71 (-6.10%)
BABA   83.28 (-0.99%)
AMD   65.50 (-3.53%)
T   15.82 (-1.68%)
MU   53.34 (-1.15%)
CGC   2.99 (-4.78%)
F   12.26 (-0.81%)
GE   66.95 (-0.87%)
DIS   99.21 (-2.20%)
AMC   7.13 (-8.94%)
PYPL   91.35 (-1.55%)
PFE   43.79 (-1.51%)
NFLX   228.21 (-5.20%)
S&P 500   3,736.37 (-1.44%)
DOW   29,981.48 (-1.10%)
QQQ   276.20 (-2.10%)
AAPL   143.96 (-1.46%)
MSFT   244.64 (-1.70%)
META   135.38 (-3.49%)
GOOGL   99.00 (-2.60%)
AMZN   118.28 (-2.32%)
TSLA   235.68 (-5.52%)
NVDA   127.34 (-3.29%)
NIO   15.71 (-6.10%)
BABA   83.28 (-0.99%)
AMD   65.50 (-3.53%)
T   15.82 (-1.68%)
MU   53.34 (-1.15%)
CGC   2.99 (-4.78%)
F   12.26 (-0.81%)
GE   66.95 (-0.87%)
DIS   99.21 (-2.20%)
AMC   7.13 (-8.94%)
PYPL   91.35 (-1.55%)
PFE   43.79 (-1.51%)
NFLX   228.21 (-5.20%)
NYSE:ENLC

EnLink Midstream - ENLC Stock Forecast, Price & News

$9.66
-0.01 (-0.10%)
(As of 10/5/2022 11:16 AM ET)
Add
Compare
Today's Range
$9.45
$9.78
50-Day Range
$8.10
$11.02
52-Week Range
$5.88
$11.85
Volume
88,045 shs
Average Volume
3.32 million shs
Market Capitalization
$4.68 billion
P/E Ratio
27.60
Dividend Yield
4.92%
Price Target
$10.50

EnLink Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
8.5% Upside
$10.50 Price Target
Short Interest
Bearish
5.14% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.00mentions of EnLink Midstream in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$1.80 M Sold Last Quarter
Proj. Earnings Growth
39.53%
From $0.43 to $0.60 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.84 out of 5 stars

Oils/Energy Sector

101st out of 257 stocks

Natural Gas Transmission Industry

8th out of 20 stocks

ENLC stock 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.

Receive ENLC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter.

ENLC Stock News Headlines

EnLink Midstream pops as Stifel starts with Buy rating
EnLink Midstream LLC ENLC Stock Quote
Buy The EnLink Midstream Selloff
See More Headlines
Receive ENLC Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for EnLink Midstream and its competitors with MarketBeat's FREE daily newsletter.

ENLC Company Calendar

Ex-Dividend for 8/12 Dividend
7/28/2022
Last Earnings
8/03/2022
Dividend Payable
8/12/2022
Today
10/05/2022
Next Earnings (Estimated)
11/01/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

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

Price Target and Rating

Average Stock Price Forecast
$10.50
High Stock Price Forecast
$13.00
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+8.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
7 Analysts

Profitability

Net Income
$22.40 million
Pretax Margin
3.73%

Debt

Sales & Book Value

Annual Sales
$6.69 billion
Cash Flow
$1.41 per share
Book Value
$6.17 per share

Miscellaneous

Free Float
479,938,000
Market Cap
$4.68 billion
Optionable
Optionable
Beta
2.59

Key Executives

  • Mr. Pablo G. Mercado (Age 45)
    Exec. VP & CFO of EnLink Midstream GP LLC
    Comp: $1.33M
  • Mr. Benjamin D. Lamb (Age 42)
    Exec. VP & COO of EnLink Midstream Mang. LLC
    Comp: $1.58M
  • Ms. Alaina K. Brooks (Age 47)
    Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC
    Comp: $1.36M
  • Mr. Barry E. Davis (Age 60)
    Advisor
    Comp: $2.94M
  • Mr. Jesse Arenivas (Age 48)
    CEO & Director of Enlink Midstream Mang. LLC
  • Mr. Jan Philipp Rossbach (Age 40)
    VP & Chief Accounting Officer
  • 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













ENLC Stock - 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" ENLC shares. 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 ENLC analyst ratings
or view top-rated stocks.

What is EnLink Midstream's stock price forecast for 2022?

7 analysts have issued 12 month target prices for EnLink Midstream's shares. Their ENLC share price forecasts range from $7.00 to $13.00. On average, they predict the company's share price to reach $10.50 in the next year. This suggests a possible upside of 8.6% from the stock's current price.
View analysts price targets for ENLC
or view top-rated stocks among Wall Street analysts.

How have ENLC shares performed in 2022?

EnLink Midstream's stock was trading at $6.89 at the beginning of 2022. Since then, ENLC stock has increased by 40.3% and is now trading at $9.67.
View the best growth stocks for 2022 here
.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 13,230,000 shares, an increase of 24.7% from the August 15th total of 10,610,000 shares. Based on an average daily volume of 2,560,000 shares, the short-interest ratio is presently 5.2 days. Approximately 5.3% of the shares of the stock are sold short.
View EnLink Midstream's Short Interest
.

When is EnLink Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, November 1st 2022.
View our ENLC earnings forecast
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) posted its quarterly earnings results on Wednesday, August, 3rd. The pipeline company reported $0.17 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.06 by $0.11. The pipeline company earned $2.60 billion during the quarter, compared to the consensus estimate of $1.70 billion. EnLink Midstream had a net margin of 2.00% and a trailing twelve-month return on equity of 5.98%.

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

EnLink Midstream announced a quarterly dividend on Wednesday, July 20th. Investors of record on Friday, July 29th will be paid a dividend of $0.1125 per share on Friday, August 12th. This represents a $0.45 annualized dividend and a yield of 4.65%. The ex-dividend date of this dividend is Thursday, July 28th.
Read our dividend analysis for ENLC
.

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 4.92%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 128.57%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, ENLC will have a dividend payout ratio of 75.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ENLC.

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

18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company'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 stock 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 $9.67.

How much money does EnLink Midstream make?

EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.68 billion and generates $6.69 billion in revenue each year. The pipeline company earns $22.40 million in net income (profit) each year or $0.35 on an earnings per share basis.

How many employees does EnLink Midstream have?

The company 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 the company 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 10/5/2022 by MarketBeat.com Staff

MarketBeat Resources

Premium Research Tools

MarketBeat All Access members have access to premium reports, best-in-class portfolio monitoring tools, and our latest stock picks.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies, and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau MarketBeat is rated as Great on TrustPilot

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | contact@marketbeat.com | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Privacy Policy | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see Barchart's disclaimer.