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 is a subsidiary of Devon Energy Corporation.
Industry, Sector and Symbol
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:ENLC
CUSIPN/A
Phone214-953-9500
Debt
Debt-to-Equity Ratio0.70
Current Ratio0.94
Quick Ratio0.94
Price-To-Earnings
Trailing P/E Ratio-334.00
Forward P/E Ratio19.14
P/E GrowthN/A
Sales & Book Value
Annual Sales$5.74 billion
Price / Sales0.53
Cash Flow$3.1474 per share
Price / Cash5.29
Book Value$30.77 per share
Price / Book0.54
Profitability
EPS (Most Recent Fiscal Year)($0.05)
Net Income$212.80 million
Net Margins3.68%
Return on Equity0.62%
Return on Assets0.32%
Miscellaneous
Employees1,494
Outstanding Shares181,040,000
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 declared a quarterly dividend on Thursday, April 19th. Investors of record on Monday, April 30th will be given a dividend of $0.263 per share on Tuesday, May 15th. This represents a $1.05 annualized dividend and a yield of 6.34%. The ex-dividend date of this dividend is Friday, April 27th. This is an increase from EnLink Midstream's previous quarterly dividend of $0.26. View EnLink Midstream's Dividend History.
How were EnLink Midstream's earnings last quarter?
EnLink Midstream LLC (NYSE:ENLC) announced its quarterly earnings results on Tuesday, May, 1st. The pipeline company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.13 by $0.06. The pipeline company had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.58 billion. EnLink Midstream had a net margin of 3.68% and a return on equity of 0.62%. EnLink Midstream's quarterly revenue was up 33.3% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.01) EPS. View EnLink Midstream's Earnings History.
When is EnLink Midstream's next earnings date?
What price target have analysts set for ENLC?
14 equities research analysts have issued 12-month price objectives for EnLink Midstream's stock. Their forecasts range from $14.00 to $20.00. On average, they expect EnLink Midstream's stock price to reach $17.3846 in the next twelve months. View Analyst Ratings for EnLink Midstream.
Who are some of EnLink Midstream's key competitors?
Some companies that are related to EnLink Midstream include Targa Resources (TRGP), Western Gas Equity Partners (WGP), Enable Midstream Partners (ENBL), Western Gas Partners (WES), EQT GP (EQGP), Antero Midstream Partners (AM), DCP Midstream (DCP), EnLink Midstream Partners (ENLK), EQT Midstream Partners (EQM), Tallgrass Energy GP (TEGP), Antero Midstream GP (AMGP), Tallgrass Energy Partners (TEP), Boardwalk Pipeline Partners (BWP), Transportadora de Gas del Sur (TGS) and Rice Midstream Partners (RMP).
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. McMillan Hummel, Exec. VP and Pres of Natural Gas Liquids & Crude - EnLink Midstream Mang. LLC (Age 55)
- Mr. Benjamin D. Lamb, Exec. VP of North Texas & Oklahoma - EnLink Midstream Mang. LLC (Age 38)
- Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 46)
Has EnLink Midstream been receiving favorable news coverage?
Press coverage about ENLC stock has been trending somewhat positive this week, Accern reports. The research firm identifies positive and negative press coverage by monitoring more than 20 million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. EnLink Midstream earned a coverage optimism score of 0.17 on Accern's scale. They also assigned news coverage about the pipeline company an impact score of 45.71 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are EnLink Midstream's major shareholders?
EnLink Midstream's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (2.39%), Tortoise Capital Advisors L.L.C. (2.39%), Dimensional Fund Advisors LP (1.75%), Principal Financial Group Inc. (1.64%), Principal Financial Group Inc. (1.64%) and Citigroup Inc. (0.92%). 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 Catalyst Capital Advisors LLC, Citadel Advisors LLC, Westwood Holdings Group Inc., UBS Group AG, NBW Capital LLC, BlackRock Inc., Her Majesty the Queen in Right of the Province of Alberta as represented by Alberta Investment Management Corp and Hodges Capital Management Inc.. View Insider Buying and Selling 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 Principal Financial Group Inc., Principal Financial Group Inc., Dimensional Fund Advisors LP, Kayne Anderson Capital Advisors LP, Kayne Anderson Capital Advisors LP, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C. and JPMorgan Chase & Co.. 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 $16.60.
How big of a company is EnLink Midstream?
EnLink Midstream has a market capitalization of $3.01 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.
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 (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.
