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
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Phone214-953-9500
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$5.74 billion
Profitability
Miscellaneous
Employees1,494
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 Tuesday, January 15th. Stockholders of record on Thursday, January 24th will be paid a dividend of $0.275 per share on Thursday, February 14th. This represents a $1.10 annualized dividend and a dividend yield of 9.39%. The ex-dividend date is Wednesday, January 23rd. This is a positive change from EnLink Midstream's previous quarterly dividend of $0.27. View EnLink Midstream's Dividend History.
How were EnLink Midstream's earnings last quarter?
EnLink Midstream LLC (NYSE:ENLC) announced its quarterly earnings data on Tuesday, November, 6th. The pipeline company reported $0.04 EPS for the quarter, missing the consensus estimate of $0.12 by $0.08. The pipeline company earned $2.11 billion during the quarter, compared to analysts' expectations of $1.74 billion. EnLink Midstream had a net margin of 3.39% and a return on equity of 0.89%. EnLink Midstream's revenue was up 51.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 EPS. View EnLink Midstream's Earnings History.
When is EnLink Midstream's next earnings date?
What price target have analysts set for ENLC?
14 Wall Street analysts have issued 1-year price targets for EnLink Midstream's shares. Their predictions range from $14.00 to $19.00. On average, they anticipate EnLink Midstream's share price to reach $17.6667 in the next year. This suggests a possible upside of 50.7% 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, 7 hold ratings and 6 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?
Media coverage about ENLC stock has trended positive recently, InfoTrie reports. The research firm scores the sentiment of media coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EnLink Midstream earned a coverage optimism score of 2.8 on InfoTrie's scale. They also assigned news coverage about the pipeline company a news buzz of 5.0 out of 10, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the next several days.
Who are some of EnLink Midstream's key competitors?
Some companies that are related to EnLink Midstream include Western Gas Partners (WES), Western Gas Equity Partners (WGP), Tallgrass Energy (TGE), Enable Midstream Partners (ENBL), EQGP (EQGP), EQM Midstream Partners (EQM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), Antero Midstream Partners (AM), Transportadora de Gas del Sur (TGS), Antero Midstream GP (AMGP), TC Pipelines (TCP), Dominion Energy Midstream Partners (DM), USA Compression Partners (USAC) and Archrock (AROC).
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 number of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (8.07%), Spirit of America Management Corp NY (0.19%), Walnut Private Equity Partners LLC (0.13%) and Virtu Financial LLC (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 major 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 and Spirit of America Management Corp NY. 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.
Which major investors are buying EnLink Midstream stock?
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 $11.72.
How big of a company is EnLink Midstream?
EnLink Midstream has a market capitalization of $2.04 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.
