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

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$11.38 -0.04 (-0.35 %)
(As of 12/16/2018 05:55 AM ET)
Previous Close$11.38
Today's Range$11.32 - $11.5750
52-Week Range$10.94 - $20.00
Volume882,910 shs
Average Volume870,571 shs
Market Capitalization$2.06 billion
P/E Ratio45.52
Dividend Yield9.53%
Beta2.3
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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:ENLC
Previous Symbol
CUSIPN/A
Phone214-953-9500

Debt

Debt-to-Equity Ratio0.71
Current Ratio0.79
Quick Ratio0.79

Price-To-Earnings

Trailing P/E Ratio45.52
Forward P/E Ratio24.74
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.74 billion
Price / Sales0.36
Cash Flow$3.1436 per share
Price / Cash Flow3.62
Book Value$30.77 per share
Price / Book0.37

Profitability

EPS (Most Recent Fiscal Year)($0.05)
Net Income$212.80 million
Net Margins3.39%
Return on Equity0.89%
Return on Assets0.45%

Miscellaneous

Employees1,494
Outstanding Shares181,290,000
Market Cap$2.06 billion
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, October 18th. Shareholders of record on Monday, October 29th will be given a dividend of $0.271 per share on Wednesday, November 14th. This represents a $1.08 annualized dividend and a yield of 9.53%. The ex-dividend date is Friday, October 26th. This is a boost 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) posted its quarterly earnings results on Tuesday, November, 6th. The pipeline company reported $0.04 EPS for the quarter, missing the Thomson Reuters' 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 return on equity of 0.89% and a net margin of 3.39%. EnLink Midstream's revenue for the quarter was up 51.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 EPS. 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, February 19th 2019. View Earnings Estimates for EnLink Midstream.

What price target have analysts set for ENLC?

14 analysts have issued twelve-month target prices for EnLink Midstream's stock. Their predictions range from $14.00 to $19.00. On average, they expect EnLink Midstream's share price to reach $17.5385 in the next year. This suggests a possible upside of 54.1% 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, 8 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 coverage about ENLC stock has trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. 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 1.0 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 4.0 out of 10, indicating that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

Who are some of EnLink Midstream's key competitors?

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 variety of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (8.47%), Tortoise Capital Advisors L.L.C. (2.82%), Dimensional Fund Advisors LP (2.16%), RR Advisors LLC (1.86%), Advisory Research Inc. (0.53%) and Morgan Stanley (0.50%). Company insiders that own EnLink Midstream stock include Alaina K Brooks and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream.

Which institutional investors are selling EnLink Midstream stock?

ENLC stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Chickasaw Capital Management LLC, Advisory Research Inc., Bank of Montreal Can, Acadian Asset Management LLC, Man Group plc, Morgan Stanley and Trexquant Investment LP. 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 institutional investors are buying EnLink Midstream stock?

ENLC stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., RR Advisors LLC, Port Capital LLC, Dimensional Fund Advisors LP, Renaissance Technologies LLC, Kayne Anderson Capital Advisors LP, Kayne Anderson Capital Advisors LP and Tortoise Capital Advisors L.L.C.. 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 $11.38.

How big of a company is EnLink Midstream?

EnLink Midstream has a market capitalization of $2.06 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?

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:  200 (Vote Outperform)
Underperform Votes:  430 (Vote Underperform)
Total Votes:  630
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 12/16/2018 by MarketBeat.com Staff

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