EnLink Midstream LLC Company Profile (NYSE:ENLC)

About EnLink Midstream LLC (NYSE:ENLC)

EnLink Midstream LLC logoEnLink Midstream, LLC is an integrated midstream company. The Company's assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers. EnLink Oklahoma T.O., a partnership owned by the Partnership and the Company, is engaged in the gathering and processing of natural gas. The Partnership's segments include Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The Partnership connects the wells of producers in its market areas to its gathering systems, processes natural gas to remove NGLs, fractionates NGLs into purity products and markets those products for a fee, transports natural gas and provides natural gas to a range of markets.

Industry, Sector and Symbol:
  • Sector: Oils/Energy
  • Industry: Oil & Gas Pipelines
  • Sub-Industry: N/A
  • Symbol: NYSE:ENLC
  • CUSIP: N/A
  • Web: www.enlink.com
Capitalization:
  • Market Cap: $3.2 billion
  • Outstanding Shares: 180,557,000
Average Prices:
  • 50 Day Moving Avg: $18.45
  • 200 Day Moving Avg: $18.58
  • 52 Week Range: $14.39 - $20.45
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 20.64
  • P/E Growth: -31.88
Sales & Book Value:
  • Annual Revenue: $4.69 billion
  • Price / Sales: 0.68
  • Book Value: $10.17 per share
  • Price / Book: 1.75
Dividend:
  • Annual Dividend: $1.02
  • Dividend Yield: 5.6%
Profitability:
  • EBIDTA: $724.7 million
  • Net Margins: -15.93%
  • Return on Equity: 5.66%
  • Return on Assets: 3.03%
Debt:
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 0.71%
  • Quick Ratio: 0.71%
Misc:
  • Average Volume: 427,211 shs.
  • Beta: 2.4
  • Short Ratio: 12.84
 

Frequently Asked Questions for EnLink Midstream LLC (NYSE:ENLC)

What is EnLink Midstream LLC's stock symbol?

EnLink Midstream LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLC."

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

EnLink Midstream LLC declared a quarterly dividend on Friday, April 21st. Stockholders of record on Tuesday, May 2nd will be paid a dividend of $0.255 per share on Monday, May 15th. This represents a $1.02 annualized dividend and a dividend yield of 5.75%. The ex-dividend date of this dividend is Friday, April 28th. View EnLink Midstream LLC's Dividend History.

How were EnLink Midstream LLC's earnings last quarter?

EnLink Midstream LLC (NYSE:ENLC) released its earnings results on Tuesday, February, 16th. The company reported ($1.18) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.14 by $1.32. The business earned $1.07 billion during the quarter, compared to the consensus estimate of $1.20 billion. EnLink Midstream LLC had a negative net margin of 15.93% and a positive return on equity of 5.66%. View EnLink Midstream LLC's Earnings History.

When will EnLink Midstream LLC make its next earnings announcement?

EnLink Midstream LLC is scheduled to release their next quarterly earnings announcement on Monday, July, 31st 2017. View Earnings Estimates for EnLink Midstream LLC.

Where is EnLink Midstream LLC's stock going? Where will EnLink Midstream LLC's stock price be in 2017?

12 brokers have issued 12 month price objectives for EnLink Midstream LLC's shares. Their forecasts range from $14.00 to $21.00. On average, they expect EnLink Midstream LLC's stock price to reach $17.73 in the next twelve months. View Analyst Ratings for EnLink Midstream LLC.

What are analysts saying about EnLink Midstream LLC stock?

Here are some recent quotes from research analysts about EnLink Midstream LLC stock:

  • 1. According to Zacks Investment Research, "Enlink Midstream LLC is independent midstream energy. The Company is involved in natural gas gathering, treating, processing, transmission, distribution, supply and marketing, and crude oil marketing. Enlink Midstream LLC, formerly known as Crosstex Energy Inc., is based in headquartered in Dallas, Texas. " (1/26/2017)
  • 2. Jefferies Group LLC analysts commented, "While we believe sentiment has decidedly shifted to positive territory following the rout in midstream earlier this year, we believe the risk/reward skew is more balanced & see fundamental valuation met," analyst Christopher Sighinolfi wrote in a note.Related Link: Crude Oil Hits 11-Month HighHowever, the analyst raised the price targets of EnLink Midstream Partners LP to $17 from $13, and EnLink Midstream LLC to $15 from $13.EnLink Midstream Partners LP reported first quarter adj. EBITDA of $195.0 million, above Jefferies' $180.2 million forecast. However, the analyst noted that "other" (6/8/2016)

Who are some of EnLink Midstream LLC's key competitors?

Who owns EnLink Midstream LLC stock?

EnLink Midstream LLC's stock is owned by a variety of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (8.64%), Eagle Global Advisors LLC (1.96%), Dimensional Fund Advisors LP (1.06%), Lubar & Co. Inc (1.05%), RGT Capital Management Ltd. (0.95%) and Principal Financial Group Inc. (0.88%). Company insiders that own EnLink Midstream LLC stock include Stan Golemon and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream LLC.

Who sold EnLink Midstream LLC stock? Who is selling EnLink Midstream LLC stock?

EnLink Midstream LLC's stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, JPMorgan Chase & Co., Jennison Associates LLC, RGT Capital Management Ltd., Bank of Montreal Can, Bank of America Corp DE, Vanguard Group Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for EnLink Midstream LLC.

Who bought EnLink Midstream LLC stock? Who is buying EnLink Midstream LLC stock?

EnLink Midstream LLC's stock was acquired by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Principal Financial Group Inc., Morgan Stanley, Chickasaw Capital Management LLC, Lazard Asset Management LLC, Catalyst Capital Advisors LLC, Great West Life Assurance Co. Can and Global X Management Co. LLC. View Insider Buying and Selling for EnLink Midstream LLC.

How do I buy EnLink Midstream LLC stock?

Shares of EnLink Midstream LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of EnLink Midstream LLC stock cost?

One share of EnLink Midstream LLC stock can currently be purchased for approximately $17.75.

Analyst Ratings

Consensus Ratings for EnLink Midstream LLC (NYSE:ENLC) (?)
Ratings Breakdown: 4 Sell Ratings, 7 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $17.73 (0.13% downside)

Analysts' Ratings History for EnLink Midstream LLC (NYSE:ENLC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
4/21/2017Royal Bank of CanadaReiterated RatingHold$21.00MediumView Rating Details
4/17/2017GuggenheimInitiated CoverageNeutral$18.00LowView Rating Details
4/7/2017Credit Suisse Group AGBoost Price TargetUnderperform$18.00 -> $19.00LowView Rating Details
3/10/2017Janney Montgomery ScottInitiated CoverageNeutral$21.00MediumView Rating Details
1/12/2017Jefferies Group LLCDowngradeHold -> Underperform$16.00N/AView Rating Details
9/19/2016Goldman Sachs Group IncDowngradeNeutral -> Sell$15.00 -> $14.00N/AView Rating Details
8/31/2016WunderlichBoost Price TargetHold$16.00 -> $18.00N/AView Rating Details
8/17/2016Barclays PLCBoost Price TargetEqual Weight$16.00 -> $17.00N/AView Rating Details
6/28/2016Citigroup IncReiterated RatingBuy$18.00 -> $19.00N/AView Rating Details
6/28/2016Robert W. BairdUpgradeUnderperform -> Neutral$8.00 -> $16.00N/AView Rating Details
6/10/2016Mitsubishi UFJ Financial GroupDowngradeNeutral -> UnderweightN/AView Rating Details
5/31/2016JPMorgan Chase & Co.Boost Price TargetNeutral$11.50 -> $16.00N/AView Rating Details
4/2/2016SimmonsReiterated RatingHoldN/AView Rating Details
4/1/2016Piper Jaffray CompaniesReiterated RatingNeutralN/AView Rating Details
2/17/2016Bank of America CorpDowngradeNeutral -> UnderperformN/AView Rating Details
1/15/2016Wells Fargo & CoDowngradeOutperform -> Market PerformN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for EnLink Midstream LLC (NYSE:ENLC)
Earnings by Quarter for EnLink Midstream LLC (NYSE:ENLC)
Earnings History by Quarter for EnLink Midstream LLC (NYSE:ENLC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/31/2017        
2/14/2017Q416$0.06($0.02)$1.16 billion$1.23 billionViewN/AView Earnings Details
2/16/2016Q415$0.14($1.18)$1.20 billion$1.07 billionViewListenView Earnings Details
11/4/2015Q315$0.12$1.99$1.26 billion$1.17 billionViewN/AView Earnings Details
8/5/2015Q215$0.09$0.09$918.49 million$1.28 billionViewN/AView Earnings Details
5/6/2015Q115$0.07$0.10$994.77 million$736.30 millionViewN/AView Earnings Details
2/18/2015Q414$0.15$0.16$976.11 million$995.00 millionViewN/AView Earnings Details
11/5/2014Q3 2014$0.24$0.17$1.01 billion$855.00 millionViewN/AView Earnings Details
5/6/2014Q1 2014($0.08)$0.03$448.16 million$723.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for EnLink Midstream LLC (NYSE:ENLC)
Current Year EPS Consensus Estimate: $0.46 EPS
Next Year EPS Consensus Estimate: $0.86 EPS

Dividends

Current Dividend Information for EnLink Midstream LLC (NYSE:ENLC)
Most Recent Dividend:5/15/2017
Annual Dividend:$1.02
Dividend Yield:5.75%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-27.35% (Trailing 12 Months of Earnings)
221.74% (Based on This Year's Estimates)
118.60% (Based on Next Year's Estimates)
Track Record:2 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for EnLink Midstream LLC (NYSE:ENLC)

Dividend History by Quarter for EnLink Midstream LLC (NYSE:ENLC)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/21/2017quarterly$0.265.57%4/28/20175/2/20175/15/2017
1/20/2017quarterly$0.265.45%1/27/20171/31/20172/14/2017
10/20/2016quarterly$0.266%10/27/201610/31/201611/14/2016
7/20/2016quarterly$0.267/28/20168/1/20168/12/2016
7/20/2016quarterly$0.396.32%7/28/20168/1/20168/11/2016
4/21/2016quarterly$0.267.41%4/28/20165/2/20165/13/2016
4/21/2016quarterly$0.395/2/20165/12/2016
1/21/2016quarterly$0.268.58%1/28/20162/1/20162/12/2016
1/21/2016quarterly$0.392/1/20162/11/2016
10/21/2015quarterly$0.264.63%10/29/201511/2/201511/13/2015
10/21/2015quarterly$0.3911/2/201511/12/2015
7/21/2015quarterly$0.253.51%7/29/20157/31/20158/14/2015
4/23/2015quarterly$0.252.8%4/29/20155/1/20155/15/2015
4/23/2015quarterly$0.385/1/20155/14/2015
1/21/2015quarterly$0.242.8%1/29/20152/2/20152/13/2015
10/22/2014quarterly$0.232.37%10/30/201411/3/201411/14/2014
7/25/2014quarterly$0.222.18%7/31/20148/4/20148/14/2014
4/28/2014special$0.185/1/20145/5/20145/15/2014
4/25/2014$0.185/1/20145/5/20145/14/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for EnLink Midstream LLC (NYSE:ENLC)
Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 29.97%
Insider Trades by Quarter for EnLink Midstream LLC (NYSE:ENLC)
Institutional Ownership by Quarter for EnLink Midstream LLC (NYSE:ENLC)
Insider Trades by Quarter for EnLink Midstream LLC (NYSE:ENLC)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/1/2016Susan J McadenVPSell5,400$18.56$100,224.00View SEC Filing  
6/9/2015Stan GolemonSVPSell33,431$32.36$1,081,827.16View SEC Filing  
6/8/2015Stan GolemonSVPSell11,931$32.35$385,967.85View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for EnLink Midstream LLC (NYSE:ENLC)
Latest Headlines for EnLink Midstream LLC (NYSE:ENLC)
Source:
DateHeadline
nasdaq.com logoEnLink Midstream (ENLC) Shares Cross Below 200 DMA
www.nasdaq.com - May 25 at 6:56 PM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 23 at 8:10 AM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Expected to Announce Quarterly Sales of $1.3 Billion
www.americanbankingnews.com - May 14 at 10:30 AM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - May 12 at 7:40 AM
finance.yahoo.com logoETFs with exposure to EnLink Midstream LLC : May 8, 2017
finance.yahoo.com - May 8 at 4:51 PM
finance.yahoo.com logoEnLink Midstream LLC :ENLC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:12 PM
finance.yahoo.com logoEnLink Midstream Announces Public Offering of $500 Million of Senior Notes Due 2047
finance.yahoo.com - May 4 at 10:07 AM
americanbankingnews.com logoSomewhat Favorable Media Coverage Unlikely to Impact EnLink Midstream (ENLC) Stock Price
www.americanbankingnews.com - May 4 at 1:21 AM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 4 at 1:04 AM
finance.yahoo.com logoEnLink Midstream Reports First Quarter 2017 Results, Provides Commercial and Operational Updates
finance.yahoo.com - May 3 at 1:36 PM
marketbeat.com logoEnLink Midstream reports 1Q loss
marketbeat.com - May 3 at 5:16 AM
americanbankingnews.com logoFavorable Press Coverage Somewhat Likely to Affect EnLink Midstream (ENLC) Stock Price
www.americanbankingnews.com - April 30 at 4:32 PM
finance.yahoo.com logoWhat ENLK’s Valuation Indicates ahead of Its 1Q17 Results
finance.yahoo.com - April 28 at 6:02 PM
finance.yahoo.com logoEnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : April 28, 2017
finance.yahoo.com - April 28 at 6:02 PM
finance.yahoo.com logoAnalyzing Short Interest in EnLink Midstream ahead of Its 1Q17 Results
finance.yahoo.com - April 28 at 6:02 PM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 28 at 12:26 PM
nasdaq.com logoEnLink Midstream, LLC (ENLC) Ex-Dividend Date...
www.nasdaq.com - April 28 at 6:19 AM
americanbankingnews.com logoEnLink Midstream (ENLC) Given Coverage Optimism Score of 0.21
www.americanbankingnews.com - April 27 at 11:00 PM
finance.yahoo.com logoWhat Could Drive EnLink Midstream Partners’s 1Q17 EBITDA?
finance.yahoo.com - April 27 at 5:32 PM
finance.yahoo.com logoWhich Segment Will Drive EnLink Midstream’s 1Q17 Results?
finance.yahoo.com - April 27 at 5:32 PM
finance.yahoo.com logoMidstream Stocks’ Returns and Implied Volatilities
finance.yahoo.com - April 27 at 5:32 PM
americanbankingnews.com logoEnLink Midstream (ENLC) Getting Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 24 at 8:56 PM
americanbankingnews.com logo$1.13 Billion in Sales Expected for EnLink Midstream LLC (ENLC) This Quarter
www.americanbankingnews.com - April 23 at 9:10 AM
americanbankingnews.com logoEnLink Midstream's (ENLC) Hold Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - April 22 at 7:36 AM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Plans $0.26 Quarterly Dividend
www.americanbankingnews.com - April 21 at 5:22 PM
americanbankingnews.com logoEnLink Midstream (ENLC) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 2:41 PM
finance.yahoo.com logoEnLink Midstream LLC – Value Analysis (NYSE:ENLC) : April 19, 2017
finance.yahoo.com - April 19 at 4:55 PM
americanbankingnews.com logoEnLink Midstream (ENLC) Receives Daily News Sentiment Rating of 0.29
www.americanbankingnews.com - April 18 at 4:06 PM
finance.yahoo.com logoEnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : April 18, 2017
finance.yahoo.com - April 18 at 11:53 AM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Earns Neutral Rating from Analysts at Guggenheim
www.americanbankingnews.com - April 17 at 5:21 PM
finance.yahoo.com logoEnLink Midstream to Host First Quarter 2017 Earnings Conference Call on May 3
finance.yahoo.com - April 13 at 9:54 PM
americanbankingnews.com logoEnLink Midstream (ENLC) Receives Daily Coverage Optimism Rating of 0.21
www.americanbankingnews.com - April 13 at 6:35 PM
finance.yahoo.com logoEnLink Midstream Honored by GPA Midstream with Industry Award
finance.yahoo.com - April 11 at 9:52 PM
americanbankingnews.com logoEnLink Midstream LLC (ENLC) Rating Reiterated by Credit Suisse Group AG
www.americanbankingnews.com - April 7 at 8:04 PM
finance.yahoo.com logoEnLink Midstream to Participate in Investor Conferences
finance.yahoo.com - February 23 at 9:59 PM
finance.yahoo.com logoEnLink Midstream Files 2016 Annual Reports
finance.yahoo.com - February 16 at 4:19 PM
finance.yahoo.com logoEdited Transcript of ENLC earnings conference call or presentation 15-Feb-17 3:00pm GMT
finance.yahoo.com - February 16 at 4:19 PM
biz.yahoo.com logoQ4 2016 EnLink Midstream LLC Earnings Release - After Market Close
us.rd.yahoo.com - February 14 at 11:00 PM
zacks.com logoWhy EnLink Midstream (ENLC) Might Surprise This Earnings Season
www.zacks.com - February 13 at 8:29 AM
capitalcube.com logoEnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : January 24, 2017
us.rd.yahoo.com - January 24 at 5:40 PM
finance.yahoo.com logoEnLink Midstream Announces 2017 Guidance, Provides Operational Update
finance.yahoo.com - January 23 at 9:21 AM
finance.yahoo.com logo8:06 am EnLink Midstream projects FY17 adj EBITDA between $815 mln-$885 mln & projects FY17 total growth capex between $590-750 mln; provides operational update
finance.yahoo.com - January 23 at 9:21 AM
us.rd.yahoo.com logoEnLink Midstream downgraded by Jefferies
us.rd.yahoo.com - January 12 at 10:24 PM
streetinsider.com logoEnLink Midstream (ENLC) to Divest $275M in Non-Core Assets
www.streetinsider.com - December 21 at 5:47 PM
us.rd.yahoo.com logo5:05 pm EnLink Midstream agrees to monetize $275 million of non-core assets, expands presence in STACK, and emphasizes long-term commitment to core growth areas
us.rd.yahoo.com - December 20 at 11:24 PM
finance.yahoo.com logoEnLink Midstream Names New Senior Vice President to Lead Commercial Crude Oil Business
finance.yahoo.com - December 12 at 11:51 AM
streetinsider.com logoForm 8-K EnLink Midstream Partner For: Nov 23
www.streetinsider.com - November 23 at 10:31 PM
streetinsider.com logoForm 8-K EnLink Midstream, LLC For: Nov 23
www.streetinsider.com - November 23 at 9:31 AM
finance.yahoo.com logoEnLink Midstream to Present December 7 at the Chickasaw Capital MLP Investor Conference 2016
finance.yahoo.com - November 23 at 9:31 AM
nasdaq.com logoEnLink Midstream Reaches Analyst Target Price
www.nasdaq.com - November 17 at 4:10 PM

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EnLink Midstream LLC (ENLC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff