About EnLink Midstream (NYSE:ENLC)
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
Trailing P/E Ratio12.6725230389917
Forward P/E Ratio20.77
Sales & Book Value
Annual Sales$5.74 billion
Price / Sales0.48
Cash Flow$3.20 per share
Price / Cash4.74
Book Value$30.77 per share
Price / Book0.49
Net Income$212.80 million
Return on Equity0.23%
Return on Assets0.12%
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 Monday, January 22nd. Stockholders of record on Wednesday, January 31st will be given a dividend of $0.259 per share on Wednesday, February 14th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 6.83%. The ex-dividend date is Tuesday, January 30th. 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 (NYSE:ENLC) announced its quarterly earnings data on Tuesday, October, 31st. The pipeline company reported $0.03 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.14 by $0.11. The pipeline company earned $1.40 billion during the quarter, compared to analyst estimates of $1.36 billion. EnLink Midstream had a return on equity of 0.23% and a net margin of 3.71%. The company's revenue for the quarter was up 26.6% on a year-over-year basis. View EnLink Midstream's Earnings History.
When will EnLink Midstream make its next earnings announcement?
Where is EnLink Midstream's stock going? Where will EnLink Midstream's stock price be in 2018?
13 brokerages have issued 1-year price objectives for EnLink Midstream's stock. Their forecasts range from $16.00 to $20.00. On average, they expect EnLink Midstream's stock price to reach $17.92 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 AmeriGas Partners (APU), PBF Energy (PBF), Delek US (DK), Sunoco (SUN), Murphy USA (MUSA), Vallourec Usines A Tubes De Lorraine Escaut Et Vallourec Reunies (VLOWY), CVR Energy (CVI), Genesis Energy (GEL), CVR Refining (CVRR), Tellurian (TELL), World Fuel Services (INT), Suburban Propane Partners (SPH), NGL Energy Partners (NGL), Golar LNG Partners (GMLP), Crossamerica Partners (CAPL), Sprague Resources (SRLP), Global Partners (GLP) and Calumet Specialty Products Partners, L.P (CLMT).
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?
Media stories about ENLC stock have trended somewhat positive this week, according to Accern Sentiment Analysis. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EnLink Midstream earned a media sentiment score of 0.06 on Accern's scale. They also assigned news stories about the pipeline company an impact score of 42.92 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are EnLink Midstream's major shareholders?
EnLink Midstream's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (8.80%), Advisory Research Inc. (2.10%), Cushing Asset Management LP (1.13%), HBK Investments L P (1.04%), Eagle Global Advisors LLC (0.90%) and Millennium Management LLC (0.59%). 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 Eagle Global Advisors LLC, Advisory Research Inc., Citadel Advisors LLC, Goldman Sachs Group Inc., Wells Fargo & Company MN, NBW Capital LLC, LVW Advisors LLC and Bank of Montreal Can. View Insider Buying and Selling for EnLink Midstream.
Which institutional investors are buying EnLink Midstream stock?
ENLC stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Chickasaw Capital Management LLC, Cypress Wealth Advisors LLC, Cushing Asset Management LP, Global X Management Co. LLC, BlackRock Inc., Jennison Associates LLC and HBK Investments L P. 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 $15.16.
How big of a company is EnLink Midstream?
EnLink Midstream has a market capitalization of $2.70 billion and generates $5.74 billion in revenue each year. The pipeline company earns $212.80 million in net income (profit) each year or $1.16 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 the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
EnLink Midstream (NYSE:ENLC) Analysts' Consensus Rating (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus analyst ratings for company stocks using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Today||30 Days Ago||90 Days Ago||180 Days Ago|
|Consensus Rating: ||Hold||Hold||Hold||Hold|
|Consensus Rating Score: ||2.08||2.08||2.00||1.89|
|Ratings Breakdown: ||0 Sell Rating(s)|
12 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|0 Sell Rating(s)|
12 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
9 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s)
|1 Sell Rating(s)|
8 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
|Consensus Price Target: ||$17.92||$18.55||$18.80||$19.11|
|Price Target Upside: ||18.18% upside||7.20% upside||22.08% upside||8.90% upside|
EnLink Midstream (NYSE:ENLC) Consensus Price Target History
EnLink Midstream (NYSE:ENLC) Analyst Ratings History
(Data available from 3/21/2016 forward)
EnLink Midstream (NYSE:ENLC) Earnings History and Estimates Chart
EnLink Midstream (NYSE ENLC) Earnings History by Quarter
(Earnings results data provided by Zacks Investment Research)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|10/31/2017||Q3 2017||$0.14||$0.03||$1.36 billion||$1.40 billion||View||N/A|
|8/1/2017||Q2 2017||$0.08||$0.07||$1.29 billion||$1.26 billion||View||N/A|
|5/2/2017||Q1 2017||$0.09||($0.05)||$1.13 billion||$1.32 billion||View||N/A|
|2/14/2017||Q416||$0.06||($0.02)||$1.16 billion||$1.23 billion||View||N/A|
|8/2/2016||Q2 2016||$0.06||$0.01||$1.01 billion||$1.03 billion||View||N/A|
|5/3/2016||Q1 2016||$0.11||$0.01||$1.08 billion||$889.70 million||View||N/A|
|2/16/2016||Q415||$0.14||($1.18)||$1.20 billion||$1.07 billion||View||Listen|
|11/4/2015||Q315||$0.12||$1.99||$1.26 billion||$1.17 billion||View||N/A|
|8/5/2015||Q215||$0.09||$0.09||$918.49 million||$1.28 billion||View||N/A|
|5/6/2015||Q115||$0.07||$0.10||$994.77 million||$736.30 million||View||N/A|
|2/18/2015||Q414||$0.15||$0.16||$976.11 million||$995.00 million||View||N/A|
|11/5/2014||Q3 2014||$0.24||$0.17||$1.01 billion||$855.00 million||View||N/A|
|8/5/2014||Q2 2014||$0.05||$0.18||$781.91 million||$927.20 million||View||N/A|
|5/6/2014||Q1 2014||($0.08)||$0.03||$448.16 million||$723.00 million||View||N/A|
|2/27/2014||Q4 2013||($0.07)||($0.22)||$467.54 million||$575.24 million||View||N/A|
|11/7/2013||Q3 2013||($0.15)||$1.29||$426.22 million||$468.64 million||View||N/A|
|8/7/2013||Q2 2013||($0.10)||($0.10)||$405.15 million||$454.74 million||View||N/A|
|5/8/2013||Q1 2013||($0.11)||($0.06)||$471.61 million||$445.69 million||View||N/A|
EnLink Midstream (NYSE:ENLC) Earnings Estimates
(Earnings estimates data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
EnLink Midstream (NYSE:ENLC) Dividend Information
|Most Recent Dividend:||2/14/2018|
|Dividend Growth:||17.40% (3 Year Average)|
|Payout Ratio:||89.66% (Trailing 12 Months of Earnings) |
142.47% (Based on This Year's Estimates)
128.40% (Based on Next Year's Estimates)
EnLink Midstream (NYSE:ENLC) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
EnLink Midstream (NYSE ENLC) Insider Trading and Institutional Ownership History
Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 33.65%
EnLink Midstream (NYSE ENLC) Insider Trades by Quarter
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
|12/1/2016||Susan J Mcaden||VP||Sell||5,400||$18.56||$100,224.00||30,994|| |
|6/9/2015||Stan Golemon||SVP||Sell||33,431||$32.36||$1,081,827.16|| |
|6/8/2015||Stan Golemon||SVP||Sell||11,931||$32.35||$385,967.85|| |
EnLink Midstream (NYSE ENLC) News Headlines
|EnLink Midstream (ENLC) Given Average Rating of "Hold" by Brokerages|
www.americanbankingnews.com - March 21 at 11:30 AM
|EnLink Midstream (ENLC) and Ferrellgas Partners (FGP) Head-To-Head Comparison|
www.americanbankingnews.com - March 20 at 3:34 AM
|EnLink Midstream (ENLC) Expected to Post Quarterly Sales of $1.48 Billion|
www.americanbankingnews.com - March 20 at 2:08 AM
|EnLink Midstream Expects No Impact to Financial Results Related to Revised FERC Policy|
www.prnewswire.com - March 19 at 10:13 PM
| Brokerages Expect EnLink Midstream (ENLC) to Post $0.16 Earnings Per Share|
www.americanbankingnews.com - March 18 at 9:10 PM
|EnLink Midstream (ENLC) Price Target Cut to $17.00 by Analysts at JPMorgan Chase & Co.|
www.americanbankingnews.com - March 14 at 11:44 AM
|EnLink Midstream (ENLC) Upgraded to Hold by Zacks Investment Research|
www.americanbankingnews.com - March 13 at 9:42 PM
|Zacks Investment Research Upgrades EnLink Midstream (ENLC) to Hold|
www.americanbankingnews.com - March 7 at 11:22 PM
| Analysts Anticipate EnLink Midstream LLC (ENLC) Will Announce Quarterly Sales of $1.48 Billion|
www.americanbankingnews.com - March 3 at 4:49 AM
|EnLink Midstream (ENLC) PT Lowered to $19.00|
www.americanbankingnews.com - March 2 at 9:24 PM
|EnLink Midstream Sees Unusually Large Options Volume (ENLC)|
www.americanbankingnews.com - March 2 at 7:33 AM
| Brokerages Anticipate EnLink Midstream LLC (ENLC) to Post $0.18 EPS|
www.americanbankingnews.com - March 1 at 7:07 PM
|EnLink Midstream (ENLC) Cut to "Sell" at Zacks Investment Research|
www.americanbankingnews.com - February 27 at 10:16 PM
|Robert W. Baird Analysts Give EnLink Midstream (ENLC) a $16.00 Price Target|
www.americanbankingnews.com - February 27 at 7:56 PM
|Eagle Global Advisors LLC Has $28.62 Million Holdings in EnLink Midstream LLC (ENLC)|
www.americanbankingnews.com - February 27 at 4:28 PM
|EnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - February 24 at 8:06 AM
|EnLink Midstream (ENLC) PT Lowered to $17.00|
www.americanbankingnews.com - February 22 at 7:58 PM
|EnLink Midstream LLC to Host Earnings Call|
finance.yahoo.com - February 21 at 9:51 AM
|What Investors Should Know About EnLink Midstream LLC’s (NYSE:ENLC) Financial Strength|
finance.yahoo.com - February 20 at 4:40 PM
|EnLink Midstream (ENLC) and Andeavor Logistics (ANDX) Financial Comparison|
www.americanbankingnews.com - February 19 at 5:10 AM
|Robert W. Baird Reiterates "$18.00" Price Target for EnLink Midstream (ENLC)|
www.americanbankingnews.com - February 18 at 9:52 PM
|EnLink Midstream LLC (ENLC) Expected to Announce Quarterly Sales of $1.44 Billion|
www.americanbankingnews.com - February 15 at 7:52 AM
|EnLink Midstream (ENLC) Set to Announce Quarterly Earnings on Tuesday|
www.americanbankingnews.com - February 13 at 8:08 PM
|Recent Analysis Shows Antero Resources, Pacific Premier, New York REIT, EnLink Midstream, Assurant, and Shutterfly Market Influences — Renewed Outlook, Key Drivers of Growth|
finance.yahoo.com - February 13 at 9:00 AM
| Brokerages Expect EnLink Midstream LLC (ENLC) to Announce $0.19 Earnings Per Share|
www.americanbankingnews.com - February 13 at 3:14 AM
|EnLink Midstream (ENLC) Earns "Hold" Rating from Seaport Global Securities|
www.americanbankingnews.com - February 9 at 4:38 PM
|EnLink Midstream Announces Conference Call on February 21 to Discuss Fourth-Quarter and Full-Year 2017 Earnings|
finance.yahoo.com - February 8 at 9:02 AM
|EnLink Midstream (ENLC) Scheduled to Post Earnings on Monday|
www.americanbankingnews.com - February 5 at 3:44 AM
|EnLink Midstream LLC (ENLC) Given Consensus Recommendation of "Hold" by Brokerages|
www.americanbankingnews.com - January 30 at 9:39 AM
| Analysts Expect EnLink Midstream LLC (ENLC) Will Announce Quarterly Sales of $1.44 Billion|
www.americanbankingnews.com - January 29 at 8:30 AM
|EnLink Midstream LLC (ENLC) Expected to Post Earnings of $0.17 Per Share|
www.americanbankingnews.com - January 27 at 5:18 AM
|EnLink Midstream (ENLC) Now Covered by Analysts at B. Riley|
www.americanbankingnews.com - January 26 at 11:18 PM
|EnLink Midstream LLC (ENLC) Increases Dividend to $0.26 Per Share|
www.americanbankingnews.com - January 22 at 5:24 PM
|BRIEF-Enlink Midstream Partners Says ENLC Board Declared Cash Distribution Of $0.259/Unit For Q4|
www.reuters.com - January 19 at 11:05 AM
|EnLink Midstream Declares Quarterly Distributions, Increase at EnLink Midstream, LLC|
finance.yahoo.com - January 19 at 11:05 AM
|EnLink Midstream Partners Announces 2017 Schedule K-1 Availability|
finance.yahoo.com - January 17 at 9:47 AM
|Royal Bank of Canada Reaffirms "Hold" Rating for EnLink Midstream (ENLC)|
www.americanbankingnews.com - January 16 at 5:24 PM
|EnLink Midstream LLC (ENLC) Expected to Post Q4 2017 Earnings of $0.24 Per Share|
www.americanbankingnews.com - January 15 at 4:02 AM
|EnLink Midstream's (ENLC) Hold Rating Reaffirmed at Jefferies Group|
www.americanbankingnews.com - January 13 at 8:00 PM
|Zacks: Brokerages Anticipate EnLink Midstream LLC (ENLC) to Post $0.17 EPS|
www.americanbankingnews.com - January 10 at 4:04 AM
|EnLink Midstream (ENLC) Now Covered by Credit Suisse Group|
www.americanbankingnews.com - January 7 at 7:28 PM
|EnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Analysts|
www.americanbankingnews.com - January 5 at 8:06 AM
|Financial Comparison: EnLink Midstream (ENLC) and Summit Midstream Partners (SMLP)|
www.americanbankingnews.com - January 3 at 3:36 PM
|EnLink Midstream Announces Executive Leadership Changes|
finance.yahoo.com - January 3 at 9:14 AM
|3 MLPs That Could Disappear in 2018|
finance.yahoo.com - December 29 at 9:04 AM
| Brokerages Anticipate EnLink Midstream LLC (ENLC) Will Announce Quarterly Sales of $1.44 Billion|
www.americanbankingnews.com - December 26 at 7:58 PM
|Zacks: Brokerages Expect EnLink Midstream LLC (ENLC) Will Announce Earnings of $0.17 Per Share|
www.americanbankingnews.com - December 24 at 5:32 PM
|EnLink Midstream (ENLC) versus Its Competitors Financial Survey|
www.americanbankingnews.com - December 22 at 1:24 PM
|What's Happening With These Oil & Gas Pipelines Stocks? -- EnLink Midstream, Shell Midstream Partners, Targa Resources, and Pembina Pipeline|
www.bizjournals.com - December 22 at 10:02 AM
|Q4 2017 EPS Estimates for EnLink Midstream LLC Lifted by Analyst (ENLC)|
www.americanbankingnews.com - December 22 at 8:44 AM
EnLink Midstream (NYSE:ENLC) SEC Filings
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EnLink Midstream (NYSE:ENLC) Income Statement, Balance Sheet and Cash Flow Statement
EnLink Midstream (NYSE ENLC) Stock Chart for Wednesday, March, 21, 2018