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S&P 500   4,109.31
DOW   33,274.15
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Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Did You See These Trend Reversals? (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Did You See These Trend Reversals? (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
S&P 500   4,109.31
DOW   33,274.15
QQQ   320.93
Mullen Automotive Makes Deliveries; Short-Squeeze Possible
Did You See These Trend Reversals? (Ad)pixel
Schwab’s Drop This Week Could Be The Opening Of The Year (Again)
What is a Gold IRA, and is it a Viable Investment?
Did You See These Trend Reversals? (Ad)pixel
Closing prices for crude oil, gold and other commodities
Walmart Shares Jump on Evercore Analyst Upgrade 
JP Morgan analyst: Oil to hit $380 per barrel (Ad)
Is Braze, Inc Ready To Rocket Higher? 
Many electric vehicles to lose big tax credit with new rules
NYSE:ENLC

EnLink Midstream - ENLC Stock Forecast, Price & News

$10.84
+0.08 (+0.74%)
(As of 03/31/2023 12:00 AM ET)
Add
Compare
Today's Range
$10.74
$10.92
50-Day Range
$10.02
$13.29
52-Week Range
$7.77
$13.58
Volume
991,806 shs
Average Volume
2.41 million shs
Market Capitalization
$5.10 billion
P/E Ratio
14.65
Dividend Yield
4.61%
Price Target
$13.50

EnLink Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
24.5% Upside
$13.50 Price Target
Short Interest
Bearish
5.70% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.09mentions of EnLink Midstream in the last 14 days
Based on 4 Articles This Week
Insider Trading
Selling Shares
$4.50 M Sold Last Quarter
Proj. Earnings Growth
18.06%
From $0.72 to $0.85 Per Share

Overall MarketRank

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

2.41 out of 5 stars

Oils/Energy Sector

54th out of 244 stocks

Natural Gas Transmission Industry

5th out of 19 stocks


ENLC stock logo

About EnLink Midstream (NYSE:ENLC) Stock

EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity, and general corporate assets and expenses. The company was founded in October 2013 and is headquartered

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ENLC Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
EnLink Midstream (ENLC) was upgraded to a Buy Rating at Citigroup
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
ENLC EnLink Midstream, LLC
EnLink Midstream Files 2022 Annual Report
EnLink Midstream, Llc (NYSE: ENLC)
EnLink Midstream: Set To Grow In 2023
5 Analysts Have This to Say About EnLink Midstream
Where EnLink Midstream Stands With Analysts
See More Headlines
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ENLC Company Calendar

Ex-Dividend for 2/13 Dividend
1/27/2023
Dividend Payable
2/13/2023
Last Earnings
2/14/2023
Today
4/01/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
1,132
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+24.5%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$361.30 million
Pretax Margin
4.25%

Debt

Sales & Book Value

Annual Sales
$9.54 billion
Cash Flow
$2.27 per share
Book Value
$6.21 per share

Miscellaneous

Free Float
466,683,000
Market Cap
$5.10 billion
Optionable
Optionable
Beta
2.56

Key Executives

  • Jesse Arenivas
    Chief Executive Officer & Director
  • Walter Pinto
    Chief Operating Officer & Executive Vice President
  • Benjamin D. Lamb
    Chief Financial Officer & Executive Vice President
  • Philipp Jan Rossbach
    Chief Accounting Officer & Vice President
  • Alaina K. Brooks
    Secretary, Chief Legal & Administrative Officer













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 1 sell rating, 2 hold ratings and 4 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?

7 equities research analysts have issued 1-year target prices for EnLink Midstream's stock. Their ENLC share price forecasts range from $9.00 to $18.00. On average, they expect the company's share price to reach $13.50 in the next twelve months. This suggests a possible upside of 24.5% 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 2023?

EnLink Midstream's stock was trading at $12.30 at the beginning of 2023. Since then, ENLC shares have decreased by 11.9% and is now trading at $10.84.
View the best growth stocks for 2023 here
.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a increase in short interest during the month of March. As of March 15th, there was short interest totaling 13,630,000 shares, an increase of 10.0% from the February 28th total of 12,390,000 shares. Based on an average trading volume of 2,370,000 shares, the days-to-cover ratio is currently 5.8 days. Approximately 5.7% of the company's shares 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, May 2nd 2023.
View our ENLC earnings forecast
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) issued its earnings results on Tuesday, February, 14th. The pipeline company reported $0.33 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.14. The pipeline company had revenue of $2.05 billion for the quarter, compared to the consensus estimate of $2.83 billion. EnLink Midstream had a trailing twelve-month return on equity of 12.62% and a net margin of 3.79%.

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

EnLink Midstream announced a quarterly dividend on Wednesday, January 18th. Shareholders of record on Monday, January 30th will be paid a dividend of $0.125 per share on Monday, February 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.61%. The ex-dividend date is Friday, January 27th. This is a positive change from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for ENLC
.

Is EnLink Midstream a good dividend stock?

EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.84%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 67.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENLC will have a dividend payout ratio of 58.82% 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 $10.84.

How much money does EnLink Midstream make?

EnLink Midstream (NYSE:ENLC) has a market capitalization of $5.10 billion and generates $9.54 billion in revenue each year. The pipeline company earns $361.30 million in net income (profit) each year or $0.74 on an earnings per share basis.

How many employees does EnLink Midstream have?

The company employs 1,132 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 4/1/2023 by MarketBeat.com Staff