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S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Buy THIS stock before Taiwan is attacked (Ad)
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Buy THIS stock before Taiwan is attacked (Ad)
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
S&P 500   3,970.99
DOW   32,237.53
QQQ   310.89
5 Best Dividend Capture Stocks
Modern Day Options Trading For Beginners! (Ad)pixel
Closing prices for crude oil, gold and other commodities
Dividend King Genuine Parts Company Upgraded On Profit Guidance
Modern Day Options Trading For Beginners! (Ad)pixel
11 Best Consumer Discretionary Stocks of 2023
The Bottom Is In For Accenture
Buy THIS stock before Taiwan is attacked (Ad)
14 Best Consumer Staples Dividend Stocks
10 Best Consumer Discretionary ETFs
NYSE:ENLC

EnLink Midstream - ENLC Stock Forecast, Price & News

$10.02
-0.04 (-0.40%)
(As of 03/24/2023 12:00 AM ET)
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Compare
Today's Range
$9.73
$10.11
50-Day Range
$10.02
$13.38
52-Week Range
$7.77
$13.58
Volume
1.60 million shs
Average Volume
2.52 million shs
Market Capitalization
$4.72 billion
P/E Ratio
13.54
Dividend Yield
4.99%
Price Target
$13.50

EnLink Midstream MarketRank™ Forecast

Analyst Rating
Hold
2.43 Rating Score
Upside/​Downside
34.7% Upside
$13.50 Price Target
Short Interest
Bearish
5.09% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.81mentions of EnLink Midstream in the last 14 days
Based on 2 Articles This Week
Insider Trading
Selling Shares
$4.50 M Sold Last Quarter
Proj. Earnings Growth
18.06%
From $0.72 to $0.85 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.79 out of 5 stars

Oils/Energy Sector

47th out of 243 stocks

Natural Gas Transmission Industry

4th out of 20 stocks


ENLC stock logo

About EnLink Midstream (NYSE:ENLC) Stock

EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity, and general corporate assets and expenses. The company was founded in October 2013 and is headquartered

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ENLC Stock News Headlines

The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
EnLink Midstream (ENLC) was upgraded to a Buy Rating at Citigroup
The "King Of Quants" sees 10X potential...
Eric Fry believes he just discovered America's next "Wealth Supercluster" and it's forming in the place you'd least expect. Investors are already flocking there for a chance at 1,000%+ returns. Here's how you could join them before it's too late...
ENLC EnLink Midstream, LLC
EnLink Midstream Files 2022 Annual Report
EnLink Midstream, Llc (NYSE: ENLC)
EnLink Midstream: Set To Grow In 2023
5 Analysts Have This to Say About EnLink Midstream
See More Headlines
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ENLC Company Calendar

Ex-Dividend for 2/13 Dividend
1/27/2023
Dividend Payable
2/13/2023
Last Earnings
2/14/2023
Today
3/24/2023
Next Earnings (Estimated)
5/02/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Natural gas transmission
Sub-Industry
N/A
Employees
1,132
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$13.50
High Stock Price Forecast
$18.00
Low Stock Price Forecast
$9.00
Forecasted Upside/Downside
+34.7%
Consensus Rating
Hold
Rating Score (0-4)
2.43
Research Coverage
7 Analysts

Profitability

Net Income
$361.30 million
Pretax Margin
4.25%

Debt

Sales & Book Value

Annual Sales
$9.54 billion
Cash Flow
$2.00 per share
Book Value
$6.21 per share

Miscellaneous

Free Float
466,683,000
Market Cap
$4.72 billion
Optionable
Optionable
Beta
2.56

Key Executives

  • Jesse Arenivas
    Chief Executive Officer & Director
  • Walter Pinto
    Chief Operating Officer & Executive Vice President
  • Benjamin D. Lamb
    Chief Financial Officer & Executive Vice President
  • Philipp Jan Rossbach
    Chief Accounting Officer & Vice President
  • Alaina K. Brooks
    Secretary, Chief Legal & Administrative Officer













ENLC Stock - Frequently Asked Questions

Should I buy or sell EnLink Midstream stock right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last twelve months. There are currently 1 sell rating, 2 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "hold" ENLC shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in ENLC, but not buy additional shares or sell existing shares.
View ENLC analyst ratings
or view top-rated stocks.

What is EnLink Midstream's stock price forecast for 2023?

7 Wall Street research analysts have issued 12 month price objectives for EnLink Midstream's shares. Their ENLC share price forecasts range from $9.00 to $18.00. On average, they predict the company's share price to reach $13.50 in the next year. This suggests a possible upside of 34.7% from the stock's current price.
View analysts price targets for ENLC
or view top-rated stocks among Wall Street analysts.

How have ENLC shares performed in 2023?

EnLink Midstream's stock was trading at $12.30 at the start of the year. Since then, ENLC shares have decreased by 18.5% and is now trading at $10.02.
View the best growth stocks for 2023 here
.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a increase in short interest in the month of February. As of February 28th, there was short interest totaling 12,390,000 shares, an increase of 6.8% from the February 13th total of 11,600,000 shares. Based on an average trading volume of 2,350,000 shares, the days-to-cover ratio is presently 5.3 days. Currently, 5.1% of the shares of the stock are short sold.
View EnLink Midstream's Short Interest
.

When is EnLink Midstream's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 2nd 2023.
View our ENLC earnings forecast
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) issued its quarterly earnings data on Tuesday, February, 14th. The pipeline company reported $0.33 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.14. The pipeline company earned $2.05 billion during the quarter, compared to the consensus estimate of $2.83 billion. EnLink Midstream had a net margin of 3.79% and a trailing twelve-month return on equity of 12.62%.

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

EnLink Midstream declared a quarterly dividend on Wednesday, January 18th. Stockholders of record on Monday, January 30th will be paid a dividend of $0.125 per share on Monday, February 13th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 4.99%. The ex-dividend date of this dividend is Friday, January 27th. This is a boost from the stock's previous quarterly dividend of $0.11.
Read our dividend analysis for ENLC
.

Is EnLink Midstream a good dividend stock?

EnLink Midstream (NYSE:ENLC) pays an annual dividend of $0.50 per share and currently has a dividend yield of 4.62%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 67.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, ENLC will have a dividend payout ratio of 58.82% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for ENLC.

What is Barry Davis' approval rating as EnLink Midstream's CEO?

18 employees have rated EnLink Midstream Chief Executive Officer Barry Davis on Glassdoor.com. Barry Davis has an approval rating of 43% among the company's employees. This puts Barry Davis in the bottom 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of EnLink Midstream own?
What is EnLink Midstream's stock symbol?

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

Who are EnLink Midstream's major shareholders?

EnLink Midstream's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (10.11%), Chickasaw Capital Management LLC (3.09%), Tortoise Capital Advisors L.L.C. (2.57%), Dimensional Fund Advisors LP (2.02%), Aventail Capital Group LP (1.15%) and Mirae Asset Global Investments Co. Ltd. (1.13%). Insiders that own company stock include Benjamin D Lamb, Egypt Holdings Lp Wsip, Goldman Sachs Group Inc and Kyle D Vann.
View institutional ownership trends
.

How do I buy shares of EnLink Midstream?

Shares of ENLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is EnLink Midstream's stock price today?

One share of ENLC stock can currently be purchased for approximately $10.02.

How much money does EnLink Midstream make?

EnLink Midstream (NYSE:ENLC) has a market capitalization of $4.72 billion and generates $9.54 billion in revenue each year. The pipeline company earns $361.30 million in net income (profit) each year or $0.74 on an earnings per share basis.

How many employees does EnLink Midstream have?

The company employs 1,132 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 official website for the company is www.enlink.com. The pipeline company can be reached via phone at (214) 953-9500, via email at kate.walsh@enlink.com, or via fax at 214-953-9501.

This page (NYSE:ENLC) was last updated on 3/25/2023 by MarketBeat.com Staff