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S&P 500   4,026.12
DOW   34,347.03
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Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
S&P 500   4,026.12
DOW   34,347.03
QQQ   286.92
Considerations When Rolling Over a 401(k) into a Roth IRA
See how to make money instead of spending it on Black Friday with this offer (Ad)
Airbnb has a plan to fix cleaning fees
Saudi viewers angry over apparent ban on World Cup streaming
THE BEST BLACK FRIDAY DEAL YET (Ad)
Walmart shooting claims teen, young woman, father, mother
Cuba's informal market finds new space on growing internet
THE BEST BLACK FRIDAY DEAL YET (Ad)
Bird flu prompts slaughter of 1.8M chickens in Nebraska
US-England World Cup game seen by 19.98M on US television
NYSE:ENLC

EnLink Midstream - ENLC Stock Forecast, Price & News

$12.63
+0.04 (+0.32%)
(As of 11/25/2022 08:57 PM ET)
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Compare
Today's Range
$12.52
$12.73
50-Day Range
$8.10
$12.83
52-Week Range
$5.88
$12.92
Volume
656,400 shs
Average Volume
2.61 million shs
Market Capitalization
$5.98 billion
P/E Ratio
24.29
Dividend Yield
3.56%
Price Target
$12.75

EnLink Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
1.0% Upside
$12.75 Price Target
Short Interest
Healthy
4.41% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
0.29mentions of EnLink Midstream in the last 14 days
Based on 8 Articles This Week
Insider Trading
Selling Shares
$164,160 Sold Last Quarter
Proj. Earnings Growth
45.28%
From $0.53 to $0.77 Per Share

Overall MarketRank

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

2.32 out of 5 stars

Oils/Energy Sector

96th out of 243 stocks

Natural Gas Transmission Industry

4th out of 17 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.

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ENLC Stock News Headlines

EnLink Midstream (NYSE:ENLC) Upgraded by StockNews.com to Buy
Stifel Nicolaus Reaffirms Their Buy Rating on EnLink Midstream (ENLC)
Bull of the Day: EnLink Midstream, LLC (ENLC)
Mizuho Securities Keeps Their Hold Rating on EnLink Midstream (ENLC)
EnLink Midstream: Dividend Insights
EnLink Midstream: Firing On All Cylinders
See More Headlines
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ENLC Company Calendar

Last Earnings
11/02/2021
Ex-Dividend for 11/14 Dividend
10/27/2022
Dividend Payable
11/14/2022
Today
11/28/2022
Fiscal Year End
12/31/2022
Next Earnings (Estimated)
2/21/2023

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
$12.75
High Stock Price Forecast
$14.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+1.0%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
6 Analysts

Profitability

Net Income
$22.40 million
Pretax Margin
4.37%

Debt

Sales & Book Value

Annual Sales
$6.69 billion
Cash Flow
$1.34 per share
Book Value
$6.17 per share

Miscellaneous

Free Float
469,618,000
Market Cap
$5.98 billion
Optionable
Optionable
Beta
2.66

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. 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
  • Ms. Cynthia L. Jaggi (Age 43)
    Sr. VP of Oklahoma













ENLC Stock - Frequently Asked Questions

Should I buy or sell EnLink Midstream stock right now?

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 3 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 2023?

6 analysts have issued 1-year target prices for EnLink Midstream's shares. Their ENLC share price forecasts range from $9.00 to $14.00. On average, they predict the company's stock price to reach $12.75 in the next twelve months. This suggests a possible upside of 1.0% 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 on January 1st, 2022. Since then, ENLC shares have increased by 83.3% and is now trading at $12.63.
View the best growth stocks for 2022 here
.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a decline in short interest in the month of October. As of October 31st, there was short interest totaling 10,920,000 shares, a decline of 21.2% from the October 15th total of 13,850,000 shares. Based on an average trading volume of 2,650,000 shares, the days-to-cover ratio is currently 4.1 days. Approximately 4.4% of the company's stock are short sold.
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, February 21st 2023.
View our ENLC earnings forecast
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) announced its earnings results on Tuesday, November, 2nd. The pipeline company reported $0.04 EPS for the quarter, meeting the consensus estimate of $0.04. The pipeline company earned $1.79 billion during the quarter, compared to analysts' expectations of $1.50 billion. EnLink Midstream had a trailing twelve-month return on equity of 8.93% and a net margin of 2.63%. During the same period in the previous year, the firm posted $0.03 EPS.

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

EnLink Midstream declared a quarterly dividend on Tuesday, October 18th. Stockholders of record on Friday, October 28th will be paid a dividend of $0.1125 per share on Monday, November 14th. This represents a $0.45 dividend on an annualized basis and a yield of 3.56%. The ex-dividend date is Thursday, October 27th.
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 3.56%. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 86.54%. 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 58.44% 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."

Who are EnLink Midstream's major shareholders?

EnLink Midstream's stock is owned by many different institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (3.49%), Tortoise Capital Advisors L.L.C. (2.54%), Dimensional Fund Advisors LP (2.32%), Jennison Associates LLC (0.93%), BlackRock Inc. (0.59%) and Blackstone Inc. (0.57%). Insiders that own company stock include Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc and Kyle D Vann.
View institutional ownership trends
.

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 $12.63.

How much money does EnLink Midstream make?

EnLink Midstream (NYSE:ENLC) has a market capitalization of $5.98 billion and generates $6.69 billion in revenue each year. The pipeline company earns $22.40 million in net income (profit) each year or $0.52 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 11/28/2022 by MarketBeat.com Staff