NYSE:ENLC - EnLink Midstream Stock Price, News, & Analysis

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$12.24 +0.04 (+0.33 %)
(As of 04/25/2019 04:00 PM ET)
Previous Close$12.20
Today's Range$12.14 - $12.42
52-Week Range$8.90 - $18.40
Volume2.44 million shs
Average Volume2.81 million shs
Market Capitalization$5.96 billion
P/E RatioN/A
Dividend Yield9.02%
Beta2.29
EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through Texas, Oklahoma, Louisiana, and Crude and Condensate 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 gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. 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.

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Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone214-953-9500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$7.70 billion
Cash Flow$3.1066 per share
Book Value$27.44 per share

Profitability

Net Income$-13,200,000.00

Miscellaneous

Employees1,449
Market Cap$5.96 billion
Next Earnings Date4/30/2019 (Confirmed)
OptionableOptionable

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 announced a quarterly dividend on Thursday, April 18th. Shareholders of record on Monday, April 29th will be given a dividend of $0.279 per share on Tuesday, May 14th. This represents a $1.12 annualized dividend and a yield of 9.12%. The ex-dividend date of this dividend is Friday, April 26th. This is a positive change from EnLink Midstream's previous quarterly dividend of $0.28. View EnLink Midstream's Dividend History.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream LLC (NYSE:ENLC) released its earnings results on Tuesday, February, 19th. The pipeline company reported ($0.34) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.17 by $0.51. The pipeline company had revenue of $2.06 billion for the quarter, compared to analyst estimates of $2.12 billion. EnLink Midstream had a negative return on equity of 0.25% and a negative net margin of 0.17%. View EnLink Midstream's Earnings History.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release their next quarterly earnings announcement on Tuesday, April 30th 2019. View Earnings Estimates for EnLink Midstream.

How can I listen to EnLink Midstream's earnings call?

EnLink Midstream will be holding an earnings conference call on Wednesday, May 1st at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for ENLC?

12 analysts have issued 12 month price objectives for EnLink Midstream's stock. Their predictions range from $13.00 to $19.00. On average, they anticipate EnLink Midstream's stock price to reach $16.4545 in the next twelve months. This suggests a possible upside of 34.4% from the stock's current price. View Analyst Price Targets for EnLink Midstream.

What is the consensus analysts' recommendation for EnLink Midstream?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 7 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream.

Has EnLink Midstream been receiving favorable news coverage?

News articles about ENLC stock have trended somewhat positive on Thursday, according to InfoTrie Sentiment. InfoTrie identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. EnLink Midstream earned a coverage optimism score of 1.5 on InfoTrie's scale. They also gave press coverage about the pipeline company a news buzz of 1.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a increase in short interest in the month of March. As of March 29th, there was short interest totalling 17,678,263 shares, an increase of 62.3% from the March 15th total of 10,889,795 shares. Based on an average trading volume of 2,099,555 shares, the days-to-cover ratio is presently 8.4 days. Currently, 7.1% of the company's shares are short sold. View EnLink Midstream's Current Options Chain.

Who are some of EnLink Midstream's key competitors?

What other stocks do shareholders of EnLink Midstream own?

Who are EnLink Midstream's key executives?

EnLink Midstream's management team includes the folowing people:
  • Mr. Barry E. Davis, Exec. Chairman (Age 57)
  • Mr. Michael J. Garberding, Pres, CEO & Director of EnLink Midstream Mang. LLC (Age 50)
  • Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 47)
  • Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 39)
  • Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 44)

Who are EnLink Midstream's major shareholders?

EnLink Midstream's stock is owned by many different of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (4.63%), Eagle Global Advisors LLC (1.09%), Lubar & Co. Inc (0.37%), Miller Howard Investments Inc. NY (0.29%), Duff & Phelps Investment Management Co. (0.23%) and Hennessy Advisors Inc. (0.22%). Company insiders that own EnLink Midstream stock include Alaina K Brooks, Goldman Sachs Group Inc and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream.

Which major investors are buying EnLink Midstream stock?

ENLC stock was purchased by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Eagle Global Advisors LLC, Miller Howard Investments Inc. NY, Duff & Phelps Investment Management Co., Hennessy Advisors Inc., Spirit of America Management Corp NY, Conning Inc. and Chicago Partners Investment Group LLC. Company insiders that have bought EnLink Midstream stock in the last two years include Goldman Sachs Group Inc 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 $12.24.

How big of a company is EnLink Midstream?

EnLink Midstream has a market capitalization of $5.96 billion and generates $7.70 billion in revenue each year. The pipeline company earns $-13,200,000.00 in net income (profit) each year or ($0.07) on an earnings per share basis. EnLink Midstream employs 1,449 workers across the globe.

What is EnLink Midstream's official website?

The official website for EnLink Midstream is http://www.enlink.com.

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)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  215 (Vote Outperform)
Underperform Votes:  453 (Vote Underperform)
Total Votes:  668
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.
This page was last updated on 4/25/2019 by MarketBeat.com Staff

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