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 operates as a former subsidiary of Devon Energy Corporation.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENLC
CUSIPN/A
Phone214-953-9500
Debt
Debt-to-Equity Ratio0.66
Current Ratio0.68
Quick Ratio0.68
Price-To-Earnings
Trailing P/E Ratio-320.00
Forward P/E Ratio35.56
P/E GrowthN/A
Sales & Book Value
Annual Sales$5.74 billion
Price / Sales0.50
Cash Flow$3.0593 per share
Price / Cash5.23
Book Value$30.77 per share
Price / Book0.52
Profitability
EPS (Most Recent Fiscal Year)($0.05)
Net Income$212.80 million
Net Margins3.73%
Return on Equity0.86%
Return on Assets0.44%
Miscellaneous
Employees1,494
Outstanding Shares181,050,000
Market Cap$2.98 billion
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 Wednesday, July 18th. Shareholders of record on Monday, July 30th will be given a dividend of $0.267 per share on Tuesday, August 14th. This represents a $1.07 annualized dividend and a yield of 6.68%. The ex-dividend date of this dividend is Friday, July 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 LLC (NYSE:ENLC) released its quarterly earnings results on Tuesday, July, 31st. The pipeline company reported $0.15 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.20 by $0.05. The pipeline company had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.61 billion. EnLink Midstream had a return on equity of 0.86% and a net margin of 3.73%. EnLink Midstream's revenue was up 39.7% on a year-over-year basis. During the same period in the previous year, the firm posted $0.15 earnings per share. View EnLink Midstream's Earnings History.
When is EnLink Midstream's next earnings date?
How can I listen to EnLink Midstream's earnings call?
EnLink Midstream will be holding an earnings conference call on Wednesday, November 7th at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8556560924.
What price target have analysts set for ENLC?
14 Wall Street analysts have issued 1 year target prices for EnLink Midstream's shares. Their forecasts range from $14.00 to $20.00. On average, they anticipate EnLink Midstream's stock price to reach $17.7692 in the next twelve months. This suggests a possible upside of 11.1% from the stock's current price. View Analyst Price Targets for EnLink Midstream.
What is the consensus analysts' recommendation for EnLink Midstream?
14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 1 sell rating, 9 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.
Who are some of EnLink Midstream's key competitors?
Some companies that are related to EnLink Midstream include Enable Midstream Partners (ENBL), Western Gas Partners (WES), Tallgrass Energy (TGE), Western Gas Equity Partners (WGP), EnLink Midstream Partners (ENLK), EQT GP (EQGP), DCP Midstream (DCP), Antero Midstream Partners (AM), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Tallgrass Energy Partners (TEP), Antero Midstream GP (AMGP), Boardwalk Pipeline Partners (BWP), Transportadora de Gas del Sur (TGS) and Dominion Energy Midstream Partners (DM).
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. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 38)
- Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 46)
- Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 43)
Who are EnLink Midstream's major shareholders?
EnLink Midstream's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (8.47%), Bank of Montreal Can (0.02%) and Fox Run Management L.L.C. (0.01%). Company insiders that own EnLink Midstream stock include Alaina K Brooks and Susan J Mcaden. 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 Chickasaw Capital Management LLC, Bank of Montreal Can and Fox Run Management L.L.C.. 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.
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 $16.00.
How big of a company is EnLink Midstream?
EnLink Midstream has a market capitalization of $2.98 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.
What is EnLink Midstream's official website?
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)
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.
