EnLink Midstream, LLC is an integrated midstream company. The Company's assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers. EnLink Oklahoma T.O., a partnership owned by the Partnership and the Company, is engaged in the gathering and processing of natural gas. The Partnership's segments include Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The Partnership connects the wells of producers in its market areas to its gathering systems, processes natural gas to remove NGLs, fractionates NGLs into purity products and markets those products for a fee, transports natural gas and provides natural gas to a range of markets.
Industry, Sector and Symbol:
- Sector: Oils/Energy
- Industry: Oil & Gas Transportation Services - NEC
- Sub-Industry: N/A
- Symbol: NYSE:ENLC
- CUSIP: N/A
- Web: www.enlink.com
Capitalization:- Market Cap: $3.06044 billion
- Outstanding Shares: 180,557,000
Average Prices:- 50 Day Moving Avg: $17.32
- 200 Day Moving Avg: $18.53
- 52 Week Range: $14.70 - $20.45
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 26.46
- P/E Growth: -45.57
Sales & Book Value:- Annual Revenue: $4.69 billion
- Price / Sales: 0.66
- Book Value: $10.17 per share
- Price / Book: 1.69
Dividend:- Annual Dividend: $1.02
- Dividend Yield: 6.0%
Profitability:- EBIDTA: $724.7 million
- Net Margins: -0.09%
- Return on Equity: -0.21%
- Return on Assets: -0.11%
Debt:- Debt-to-Equity Ratio: 0.68%
- Current Ratio: 0.67%
- Quick Ratio: 0.67%
Misc:- Average Volume: 387,683 shs.
- Beta: 2.56
- Short Ratio: 12.96
Frequently Asked Questions for EnLink Midstream, LLC (NYSE:ENLC)
What is EnLink Midstream, LLC's stock symbol?
EnLink Midstream, LLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLC."
How often does EnLink Midstream, LLC pay dividends? What is the dividend yield for EnLink Midstream, LLC?
EnLink Midstream, LLC declared a quarterly dividend on Friday, April 21st. Shareholders of record on Tuesday, May 2nd will be given a dividend of $0.255 per share on Monday, May 15th. This represents a $1.02 dividend on an annualized basis and a yield of 5.93%. The ex-dividend date is Friday, April 28th. View EnLink Midstream, LLC's Dividend History.
How were EnLink Midstream, LLC's earnings last quarter?
EnLink Midstream, LLC (NYSE:ENLC) issued its quarterly earnings results on Tuesday, February, 16th. The company reported ($1.18) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.14 by $1.32. The firm earned $1.07 billion during the quarter, compared to analysts' expectations of $1.20 billion. EnLink Midstream, LLC had a negative return on equity of 0.21% and a negative net margin of 0.09%. View EnLink Midstream, LLC's Earnings History.
When will EnLink Midstream, LLC make its next earnings announcement?
Where is EnLink Midstream, LLC's stock going? Where will EnLink Midstream, LLC's stock price be in 2017?
10 analysts have issued 12 month target prices for EnLink Midstream, LLC's stock. Their predictions range from $14.00 to $21.00. On average, they anticipate EnLink Midstream, LLC's stock price to reach $17.90 in the next year. View Analyst Ratings for EnLink Midstream, LLC.
Who are some of EnLink Midstream, LLC's key competitors?
Some companies that are related to EnLink Midstream, LLC include EQT Midstream Partners, LP (EQM), EnLink Midstream Partners, LP (ENLK), Tesoro Logistics LP (TLLP), Shell Midstream Partners, L.P. (SHLX), Phillips 66 Partners LP (PSXP), Enbridge Energy, L.P. (EEP), Plains Group Holdings, L.P. (PAGP), Genesis Energy, L.P. (GEL), Tallgrass Energy Partners, LP (TEP), Valero Energy Partners LP (VLP), SemGroup Corp (SEMG), Semgroup Corporation (SEMG), Summit Midstream Partners, LP (SMLP), Western Refining Logistics, LP (WNRL), Tallgrass Energy GP, LP (TEGP), Ship Finance International Limited (SFL), Enbridge Energy Management LLC (EEQ) and Crestwood Midstream Partners LP (CMLP).
Who are EnLink Midstream, LLC's key executives?
EnLink Midstream, LLC's management team includes the folowing people:
- Barry E. Davis, Chairman of the Board, Chief Executive Officer
- Michael J. Garberding, President, Chief Financial Officer
- Steve J. Hoppe, Executive Vice President and President of Gas Gathering, Processing and Transmission
- McMillan Hummel, Executive Vice President and President of Natural Gas Liquids and Crude
- Benjamin D. Lamb, Executive Vice President - Corporate Development
- Alaina K. Brooks, Senior Vice President, General Counsel, Secretary
- Sue E. Alberti, Director
- David A. Hager, Director
- Kevin Lafferty, Director
- Christopher Ortega, Director
Who owns EnLink Midstream, LLC stock?
EnLink Midstream, LLC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Chickasaw Capital Management LLC (8.64%), Eagle Global Advisors LLC (1.96%), Dimensional Fund Advisors LP (1.06%), Lubar & Co. Inc (1.05%), RGT Capital Management Ltd. (0.95%) and Principal Financial Group Inc. (0.88%). View Institutional Ownership Trends for EnLink Midstream, LLC.
Who sold EnLink Midstream, LLC stock? Who is selling EnLink Midstream, LLC stock?
EnLink Midstream, LLC's stock was sold by a variety of institutional investors in the last quarter, including UBS Group AG, JPMorgan Chase & Co., Jennison Associates LLC, RGT Capital Management Ltd., Bank of Montreal Can, Bank of America Corp DE, Vanguard Group Inc. and Wells Fargo & Company MN. View Insider Buying and Selling for EnLink Midstream, LLC.
Who bought EnLink Midstream, LLC stock? Who is buying EnLink Midstream, LLC stock?
EnLink Midstream, LLC's stock was acquired by a variety of institutional investors in the last quarter, including Eagle Global Advisors LLC, Principal Financial Group Inc., Morgan Stanley, Chickasaw Capital Management LLC, Lazard Asset Management LLC, Catalyst Capital Advisors LLC, Great West Life Assurance Co. Can and Global X Management Co. LLC. View Insider Buying and Selling for EnLink Midstream, LLC.
How do I buy EnLink Midstream, LLC stock?
Shares of EnLink Midstream, LLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is EnLink Midstream, LLC's stock price today?
One share of EnLink Midstream, LLC stock can currently be purchased for approximately $17.20.
MarketBeat Community Rating for EnLink Midstream, LLC (NYSE ENLC)MarketBeat's community ratings are surveys of what our community members think about EnLink Midstream, LLC 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.
Consensus Ratings for EnLink Midstream, LLC (NYSE:ENLC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings 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). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus 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.
| Ratings Breakdown: | 3 Sell Ratings, 6 Hold Ratings, 1 Buy Rating |
| Consensus Rating: | Hold (Score: 1.80) |
| Consensus Price Target: | $17.90 (4.07% upside) |
Analysts' Ratings History for EnLink Midstream, LLC (NYSE:ENLC)
Show:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 4/21/2017 | Royal Bank Of Canada | Reiterated Rating | Hold | $21.00 | Medium |  |
| 4/17/2017 | Guggenheim | Initiated Coverage | Neutral | $18.00 | Low | |
| 4/7/2017 | Credit Suisse Group | Boost Price Target | Underperform | $18.00 -> $19.00 | Low | |
| 3/10/2017 | Janney Montgomery Scott | Initiated Coverage | Neutral | $21.00 | Medium | |
| 1/12/2017 | Jefferies Group LLC | Downgrade | Hold -> Underperform | $16.00 | N/A | |
| 9/19/2016 | Goldman Sachs Group, Inc. (The) | Downgrade | Neutral -> Sell | $15.00 -> $14.00 | N/A | |
| 8/31/2016 | Wunderlich | Boost Price Target | Hold | $16.00 -> $18.00 | N/A | |
| 8/17/2016 | Barclays PLC | Boost Price Target | Equal Weight | $16.00 -> $17.00 | N/A | |
| 6/28/2016 | Citigroup Inc. | Reiterated Rating | Buy | $18.00 -> $19.00 | N/A | |
| 6/28/2016 | Robert W. Baird | Upgrade | Underperform -> Neutral | $8.00 -> $16.00 | N/A | |
| 6/10/2016 | Mitsubishi UFJ Financial Group | Downgrade | Neutral -> Underweight | | N/A | |
| 5/31/2016 | J P Morgan Chase & Co | Boost Price Target | Neutral | $11.50 -> $16.00 | N/A | |
| 4/2/2016 | Simmons | Reiterated Rating | Hold | | N/A | |
| 4/1/2016 | Piper Jaffray Companies | Reiterated Rating | Neutral | | N/A | |
| 2/17/2016 | Bank of America Corporation | Downgrade | Neutral -> Underperform | | N/A | |
| 1/15/2016 | Wells Fargo & Company | Downgrade | Outperform -> Market Perform | | N/A | |
(Data available from 6/27/2015 forward)
Earnings History for EnLink Midstream, LLC (NYSE:ENLC)Earnings History by Quarter for EnLink Midstream, LLC (NYSE ENLC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 7/31/2017 | | | | | | | | |
| 2/14/2017 | Q416 | $0.06 | ($0.02) | $1.16 billion | $1.23 billion | 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 | |
| 5/6/2014 | Q1 2014 | ($0.08) | $0.03 | $448.16 million | $723.00 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for EnLink Midstream, LLC (NYSE:ENLC)Current Year EPS Consensus Estimate: $0.25 EPS
Next Year EPS Consensus Estimate: $0.65 EPS
Current Dividend Information for EnLink Midstream, LLC (NYSE:ENLC)| Most Recent Dividend: | 5/15/2017 |
| Annual Dividend: | $1.02 |
| Dividend Yield: | 5.93% |
| Dividend Growth: | 0.00% (3 Year Average) |
| Payout Ratio: | -5,100.00% (Trailing 12 Months of Earnings)
408.00% (Based on This Year's Estimates)
156.92% (Based on Next Year's Estimates)
|
| Track Record: | 2 Years of Consecutive Dividend Growth |
Dividend History by Quarter for EnLink Midstream, LLC (NYSE ENLC)| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/21/2017 | quarterly | $0.26 | 5.57% | 4/28/2017 | 5/2/2017 | 5/15/2017 |
| 1/20/2017 | quarterly | $0.26 | 5.45% | 1/27/2017 | 1/31/2017 | 2/14/2017 |
| 10/20/2016 | quarterly | $0.26 | 6% | 10/27/2016 | 10/31/2016 | 11/14/2016 |
| 7/20/2016 | quarterly | $0.26 | | 7/28/2016 | 8/1/2016 | 8/12/2016 |
| 7/20/2016 | quarterly | $0.39 | 6.32% | 7/28/2016 | 8/1/2016 | 8/11/2016 |
| 4/21/2016 | quarterly | $0.26 | 7.41% | 4/28/2016 | 5/2/2016 | 5/13/2016 |
| 4/21/2016 | quarterly | $0.39 | | | 5/2/2016 | 5/12/2016 |
| 1/21/2016 | quarterly | $0.26 | 8.58% | 1/28/2016 | 2/1/2016 | 2/12/2016 |
| 1/21/2016 | quarterly | $0.39 | | | 2/1/2016 | 2/11/2016 |
| 10/21/2015 | quarterly | $0.26 | 4.63% | 10/29/2015 | 11/2/2015 | 11/13/2015 |
| 10/21/2015 | quarterly | $0.39 | | | 11/2/2015 | 11/12/2015 |
| 7/21/2015 | quarterly | $0.25 | 3.51% | 7/29/2015 | 7/31/2015 | 8/14/2015 |
| 4/23/2015 | quarterly | $0.25 | 2.8% | 4/29/2015 | 5/1/2015 | 5/15/2015 |
| 4/23/2015 | quarterly | $0.38 | | | 5/1/2015 | 5/14/2015 |
| 1/21/2015 | quarterly | $0.24 | 2.8% | 1/29/2015 | 2/2/2015 | 2/13/2015 |
| 10/22/2014 | quarterly | $0.23 | 2.37% | 10/30/2014 | 11/3/2014 | 11/14/2014 |
| 7/25/2014 | quarterly | $0.22 | 2.18% | 7/31/2014 | 8/4/2014 | 8/14/2014 |
| 4/28/2014 | special | $0.18 | | 5/1/2014 | 5/5/2014 | 5/15/2014 |
| 4/25/2014 | | $0.18 | | 5/1/2014 | 5/5/2014 | 5/14/2014 |
(Data available from 1/1/2013 forward)
Insider Trading and Institutional Ownership History for EnLink Midstream, LLC (NYSE:ENLC)Insider Ownership Percentage: 1.24%
Institutional Ownership Percentage: 33.01%
Insider Trades by Quarter for EnLink Midstream, LLC (NYSE:ENLC)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 12/1/2016 | Susan J Mcaden | VP | Sell | 5,400 | $18.56 | $100,224.00 | |
| 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 | |
(Data available from 1/1/2013 forward)
Headline Trends for EnLink Midstream, LLC (NYSE:ENLC)
Latest Headlines for EnLink Midstream, LLC (NYSE:ENLC)
| Source: |
|
| Date | Headline |
|---|
 | BidaskClub Upgrades EnLink Midstream, LLC (ENLC) to Sell
www.americanbankingnews.com - June 24 at 7:20 PM |
 | EnLink Midstream Announces Solution to Move NGLs from Central Oklahoma to Gulf Coast
finance.yahoo.com - June 19 at 1:30 PM |
| Delek Logistics Partners, L.P. (DKL) & EnLink Midstream (ENLC) Financial Comparison
www.americanbankingnews.com - June 17 at 8:32 PM |
 | Stock Performance Review on Oil and Gas Pipelines Industry -- EnLink Midstream ...
www.prnewswire.com - June 14 at 6:06 PM |
| $1.30 Billion in Sales Expected for EnLink Midstream LLC (ENLC) This Quarter
www.americanbankingnews.com - June 10 at 10:06 AM |
| EnLink Midstream LLC (ENLC) Expected to Post Earnings of $0.08 Per Share
www.americanbankingnews.com - June 8 at 7:40 AM |
| TheStreet Upgrades EnLink Midstream LLC (ENLC) to C-
www.americanbankingnews.com - June 7 at 2:52 PM |
| Are Institutional Investors Bullish on ETE, PAGP, WGP, and ENLC?
finance.yahoo.com - June 1 at 5:42 PM |
| Western Gas Equity Partners Is Outperforming Its Peers in 2017
finance.yahoo.com - May 29 at 4:59 PM |
 | EnLink Midstream (ENLC) Shares Cross Below 200 DMA
www.nasdaq.com - May 25 at 6:56 PM |
| EnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - May 23 at 8:10 AM |
| EnLink Midstream LLC (ENLC) Expected to Announce Quarterly Sales of $1.3 Billion
www.americanbankingnews.com - May 14 at 10:30 AM |
| EnLink Midstream LLC (ENLC) Expected to Announce Earnings of $0.10 Per Share
www.americanbankingnews.com - May 12 at 7:40 AM |
| ETFs with exposure to EnLink Midstream LLC : May 8, 2017
finance.yahoo.com - May 8 at 4:51 PM |
| EnLink Midstream LLC :ENLC-US: Earnings Analysis: Q1, 2017 By the Numbers : May 5, 2017
finance.yahoo.com - May 5 at 5:12 PM |
| EnLink Midstream Announces Public Offering of $500 Million of Senior Notes Due 2047
finance.yahoo.com - May 4 at 10:07 AM |
| Somewhat Favorable Media Coverage Unlikely to Impact EnLink Midstream (ENLC) Stock Price
www.americanbankingnews.com - May 4 at 1:21 AM |
| EnLink Midstream LLC (ENLC) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - May 4 at 1:04 AM |
| EnLink Midstream Reports First Quarter 2017 Results, Provides Commercial and Operational Updates
finance.yahoo.com - May 3 at 1:36 PM |
 | EnLink Midstream reports 1Q loss
marketbeat.com - May 3 at 5:16 AM |
| Favorable Press Coverage Somewhat Likely to Affect EnLink Midstream (ENLC) Stock Price
www.americanbankingnews.com - April 30 at 4:32 PM |
| What ENLK’s Valuation Indicates ahead of Its 1Q17 Results
finance.yahoo.com - April 28 at 6:02 PM |
| EnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : April 28, 2017
finance.yahoo.com - April 28 at 6:02 PM |
| Analyzing Short Interest in EnLink Midstream ahead of Its 1Q17 Results
finance.yahoo.com - April 28 at 6:02 PM |
| EnLink Midstream LLC (ENLC) Given Average Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 28 at 12:26 PM |
| EnLink Midstream, LLC (ENLC) Ex-Dividend Date...
www.nasdaq.com - April 28 at 6:19 AM |
| EnLink Midstream (ENLC) Given Coverage Optimism Score of 0.21
www.americanbankingnews.com - April 27 at 11:00 PM |
| What Could Drive EnLink Midstream Partners’s 1Q17 EBITDA?
finance.yahoo.com - April 27 at 5:32 PM |
| Which Segment Will Drive EnLink Midstream’s 1Q17 Results?
finance.yahoo.com - April 27 at 5:32 PM |
| Midstream Stocks’ Returns and Implied Volatilities
finance.yahoo.com - April 27 at 5:32 PM |
| EnLink Midstream (ENLC) Getting Somewhat Favorable Media Coverage, Report Shows
www.americanbankingnews.com - April 24 at 8:56 PM |
| $1.13 Billion in Sales Expected for EnLink Midstream LLC (ENLC) This Quarter
www.americanbankingnews.com - April 23 at 9:10 AM |
| EnLink Midstream's (ENLC) Hold Rating Reiterated at Royal Bank of Canada
www.americanbankingnews.com - April 22 at 7:36 AM |
| EnLink Midstream LLC (ENLC) Plans $0.26 Quarterly Dividend
www.americanbankingnews.com - April 21 at 5:22 PM |
| EnLink Midstream (ENLC) Receiving Somewhat Positive Press Coverage, Analysis Shows
www.americanbankingnews.com - April 21 at 2:41 PM |
| EnLink Midstream LLC – Value Analysis (NYSE:ENLC) : April 19, 2017
finance.yahoo.com - April 19 at 4:55 PM |
| EnLink Midstream (ENLC) Receives Daily News Sentiment Rating of 0.29
www.americanbankingnews.com - April 18 at 4:06 PM |
| EnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : April 18, 2017
finance.yahoo.com - April 18 at 11:53 AM |
| EnLink Midstream LLC (ENLC) Earns Neutral Rating from Analysts at Guggenheim
www.americanbankingnews.com - April 17 at 5:21 PM |
| EnLink Midstream to Host First Quarter 2017 Earnings Conference Call on May 3
finance.yahoo.com - April 13 at 9:54 PM |
| EnLink Midstream (ENLC) Receives Daily Coverage Optimism Rating of 0.21
www.americanbankingnews.com - April 13 at 6:35 PM |
| EnLink Midstream Honored by GPA Midstream with Industry Award
finance.yahoo.com - April 11 at 9:52 PM |
| EnLink Midstream LLC (ENLC) Rating Reiterated by Credit Suisse Group AG
www.americanbankingnews.com - April 7 at 8:04 PM |
| EnLink Midstream to Participate in Investor Conferences
finance.yahoo.com - February 23 at 9:59 PM |
| EnLink Midstream Files 2016 Annual Reports
finance.yahoo.com - February 16 at 4:19 PM |
| Edited Transcript of ENLC earnings conference call or presentation 15-Feb-17 3:00pm GMT
finance.yahoo.com - February 16 at 4:19 PM |
| Q4 2016 EnLink Midstream LLC Earnings Release - After Market Close
us.rd.yahoo.com - February 14 at 11:00 PM |
 | Why EnLink Midstream (ENLC) Might Surprise This Earnings Season
www.zacks.com - February 13 at 8:29 AM |
 | EnLink Midstream LLC breached its 50 day moving average in a Bearish Manner : ENLC-US : January 24, 2017
us.rd.yahoo.com - January 24 at 5:40 PM |
| EnLink Midstream Announces 2017 Guidance, Provides Operational Update
finance.yahoo.com - January 23 at 9:21 AM |
EnLink Midstream, LLC (ENLC) Chart for Tuesday, June, 27, 2017
