NYSE:ENLC

EnLink Midstream Stock Forecast, Price & News

$6.32
-0.39 (-5.81 %)
(As of 09/20/2021 12:00 AM ET)
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Today's Range
$6.12
$6.53
50-Day Range
$4.88
$6.74
52-Week Range
$2.13
$6.85
Volume3.79 million shs
Average Volume2.48 million shs
Market Capitalization$3.09 billion
P/E RatioN/A
Dividend Yield5.66%
Beta3.55
30 days | 90 days | 365 days | Advanced Chart
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EnLink Midstream logo

About EnLink Midstream

EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, North Texas, Oklahoma, Louisiana, 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 North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. 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 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 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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MarketRank

Overall MarketRank

2.04 out of 5 stars

Oils/Energy Sector

128th out of 346 stocks

Natural Gas Transmission Industry

12th out of 29 stocks

Analyst Opinion: 1.1Community Rank: 3.3Dividend Strength: 1.7Insider Behavior: 1.7Valuation: 2.5 5 -4 -3 -2 -1 -
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EnLink Midstream (NYSE:ENLC) Frequently Asked Questions

Is EnLink Midstream a buy right now?

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 2 sell ratings, 4 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" EnLink Midstream stock. 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 analyst ratings for EnLink Midstream
or view top-rated stocks.

What stocks does MarketBeat like better than EnLink Midstream?

Wall Street analysts have given EnLink Midstream a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but EnLink Midstream wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a increase in short interest in August. As of August 13th, there was short interest totaling 8,070,000 shares, an increase of 14.8% from the July 29th total of 7,030,000 shares. Based on an average daily trading volume, of 2,180,000 shares, the days-to-cover ratio is currently 3.7 days. Currently, 3.2% of the shares of the company are short sold.
View EnLink Midstream's Short Interest
.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release its next quarterly earnings announcement on Wednesday, November 3rd 2021.
View our earnings forecast for EnLink Midstream
.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream, LLC (NYSE:ENLC) issued its quarterly earnings data on Tuesday, August, 3rd. The pipeline company reported ($0.04) earnings per share for the quarter, missing analysts' consensus estimates of $0.01 by $0.05. The pipeline company earned $1.41 billion during the quarter, compared to the consensus estimate of $1.27 billion. EnLink Midstream had a negative trailing twelve-month return on equity of 0.18% and a negative net margin of 3.72%.
View EnLink Midstream's earnings history
.

How has EnLink Midstream's stock been impacted by COVID-19?

EnLink Midstream's stock was trading at $1.96 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, ENLC stock has increased by 222.4% and is now trading at $6.32.
View which stocks have been most impacted by COVID-19
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How often does EnLink Midstream pay dividends? What is the dividend yield for EnLink Midstream?

EnLink Midstream declared a quarterly dividend on Tuesday, July 20th. Investors of record on Friday, July 30th will be given a dividend of $0.0938 per share on Friday, August 13th. This represents a $0.38 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date of this dividend is Thursday, July 29th.
View EnLink Midstream's dividend history
.

Is EnLink Midstream a good dividend stock?

EnLink Midstream pays an annual dividend of $0.38 per share and currently has a dividend yield of 5.66%. ENLC has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. EnLink Midstream does not yet have a strong track record of dividend growth. The dividend payout ratio of EnLink Midstream is 152.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, EnLink Midstream will have a dividend payout ratio of 223.53% in the coming year. This indicates that EnLink Midstream may not be able to sustain their current dividend.
View EnLink Midstream's dividend history.

What price target have analysts set for ENLC?

9 analysts have issued 1-year price objectives for EnLink Midstream's shares. Their forecasts range from $5.00 to $7.50. On average, they expect EnLink Midstream's share price to reach $5.64 in the next twelve months. This suggests that the stock has a possible downside of 10.7%.
View analysts' price targets for EnLink Midstream
or view top-rated stocks among Wall Street analysts.

Who are EnLink Midstream's key executives?

EnLink Midstream's management team includes the following people:
  • Barry E. Davis, Executive Chairman & Chief Executive Officer
  • Benjamin D. Lamb, Chief Operating Officer & Executive Vice President
  • Pablo G. Mercado, Chief Financial Officer & Executive Vice President
  • Jared C. Larew, Senior Vice President-Engineering
  • Jack M. Lafield, Executive Vice President

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

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

Who are some of EnLink Midstream's key competitors?

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 institutional and retail investors. Top institutional shareholders include Invesco Ltd. (9.27%), Chickasaw Capital Management LLC (4.05%), Dimensional Fund Advisors LP (1.96%), JPMorgan Chase & Co. (1.77%), Morgan Stanley (1.01%) and Morgan Stanley (1.01%). Company insiders that own EnLink Midstream stock include Egypt Holdings Lp Wsip, Goldman Sachs Group Inc and Kyle D Vann.
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 Morgan Stanley, Morgan Stanley, Renaissance Technologies LLC, Bank of America Corp DE, Invesco Ltd., Point72 Asset Management L.P., Deutsche Bank AG, and Chickasaw Capital Management LLC.
View insider buying and selling activity for EnLink Midstream
or view top insider-selling stocks.

Which major investors are buying EnLink Midstream stock?

ENLC stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Eagle Global Advisors LLC, Miller Howard Investments Inc. NY, Healthcare of Ontario Pension Plan Trust Fund, Allianz Asset Management GmbH, Infrastructure Capital Advisors LLC, Dimensional Fund Advisors LP, and Citigroup Inc.. Company insiders that have bought EnLink Midstream stock in the last two years include Egypt Holdings Lp Wsip, Goldman Sachs Group Inc, and Kyle D Vann.
View insider buying and selling activity for EnLink Midstream
or or view top insider-buying stocks.

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 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 $6.32.

How much money does EnLink Midstream make?

EnLink Midstream has a market capitalization of $3.09 billion and generates $3.89 billion in revenue each year. The pipeline company earns $-421,500,000.00 in net income (profit) each year or $0.25 on an earnings per share basis.

How many employees does EnLink Midstream have?

EnLink Midstream employs 1,069 workers across the globe.

What is EnLink Midstream's official website?

The official website for EnLink Midstream is www.enlink.com.

Where are EnLink Midstream's headquarters?

EnLink Midstream is headquartered at 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201.

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].


This page was last updated on 9/21/2021 by MarketBeat.com Staff
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