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NYSE:ENLCEnLink Midstream Stock Price, Forecast & News

$2.46
+0.10 (+4.24 %)
(As of 06/2/2020 04:00 PM ET)
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Today's Range
$2.31
Now: $2.46
$2.52
50-Day Range
$1.06
MA: $1.78
$2.46
52-Week Range
$0.88
Now: $2.46
$10.83
Volume3.78 million shs
Average Volume5.81 million shs
Market Capitalization$1.20 billion
P/E RatioN/A
Dividend Yield15.45%
Beta3.59
EnLink Midstream, LLC focuses on providing midstream energy services in the United States. It operates through Texas, Oklahoma, Louisiana, and Crude and Condensate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. 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.
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Beat the Market (BTM) Rank

Analyst Opinion: 4.0Community Rank: 1.7Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.91 out of 5 stars


Industry, Sector and Symbol

Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone214-953-9500

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$6.05 billion
Cash Flow$1.47 per share
Book Value$7.80 per share

Profitability

Net Income$-1,119,300,000.00

Miscellaneous

Employees1,355
Market Cap$1.20 billion
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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EnLink Midstream (NYSE:ENLC) Frequently Asked Questions

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

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 shares have increased by 25.5% and is now trading at $2.46. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of EnLink Midstream?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream in the last year. There are currently 3 sell ratings, 5 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for EnLink Midstream.

When is EnLink Midstream's next earnings date?

EnLink Midstream is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for EnLink Midstream.

How were EnLink Midstream's earnings last quarter?

EnLink Midstream LLC (NYSE:ENLC) posted its quarterly earnings results on Thursday, May, 7th. The pipeline company reported $0.14 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.05 by $0.09. The pipeline company had revenue of $1.16 billion for the quarter, compared to analysts' expectations of $1.67 billion. EnLink Midstream had a negative net margin of 22.65% and a positive return on equity of 2.59%. View EnLink Midstream's earnings history.

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

EnLink Midstream declared a quarterly dividend on Monday, April 20th. Stockholders of record on Friday, May 1st will be paid a dividend of $0.094 per share on Wednesday, May 13th. This represents a $0.38 annualized dividend and a yield of 15.28%. The ex-dividend date of this dividend is Thursday, April 30th. View EnLink Midstream's dividend history.

What price target have analysts set for ENLC?

10 brokerages have issued twelve-month target prices for EnLink Midstream's shares. Their forecasts range from $2.50 to $12.00. On average, they anticipate EnLink Midstream's stock price to reach $7.15 in the next year. This suggests a possible upside of 190.7% from the stock's current price. View analysts' price targets for EnLink Midstream.

Has EnLink Midstream been receiving favorable news coverage?

News headlines about ENLC stock have trended somewhat positive this week, InfoTrie reports. The research group identifies negative and positive media coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. EnLink Midstream earned a media sentiment score of 1.0 on InfoTrie's scale. They also gave media coverage about the pipeline company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutEnLink Midstream.

Are investors shorting EnLink Midstream?

EnLink Midstream saw a drop in short interest in May. As of May 15th, there was short interest totaling 3,920,000 shares, a drop of 5.8% from the April 30th total of 4,160,000 shares. Based on an average trading volume of 6,360,000 shares, the days-to-cover ratio is presently 0.6 days. Currently, 1.6% of the company's stock are sold short. View EnLink Midstream's Current Options Chain.

Who are some of EnLink Midstream's key competitors?

What other stocks do shareholders of EnLink Midstream own?

Who are EnLink Midstream's key executives?

EnLink Midstream's management team includes the following people:
  • Mr. Barry E. Davis, Exec. Chairman (Age 57)
  • Mr. Michael J. Garberding, Pres, CEO & Director of EnLink Midstream Mang. LLC (Age 50)
  • Mr. Eric David Batchelder, Exec. VP, CFO & Principal Accounting Officer of EnLink Midstream Mang. LLC (Age 47)
  • Mr. Benjamin D. Lamb, Exec. VP & COO of EnLink Midstream Mang. LLC (Age 39)
  • Ms. Alaina K. Brooks, Exec. VP, Chief Legal & Admin. Officer and Sec. of EnLink Midstream Mang. LLC (Age 44)

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 variety of retail and institutional investors. Top institutional shareholders include Invesco Ltd. (9.04%), Alps Advisors Inc. (6.88%), Chickasaw Capital Management LLC (3.69%), Morgan Stanley (1.83%), Morgan Stanley (1.82%) and JPMorgan Chase & Co. (1.43%). Company insiders that own EnLink Midstream stock include Alaina K Brooks, Barry E Davis, Goldman Sachs Group Inc, Kyle D Vann and Susan J Mcaden. 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 Tortoise Capital Advisors L.L.C., Chickasaw Capital Management LLC, Bank of New York Mellon Corp, BlackRock Inc., Hodges Capital Management Inc., Catalyst Capital Advisors LLC, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, and Pacer Advisors Inc.. View insider buying and selling activity for EnLink Midstream.

Which major investors are buying EnLink Midstream stock?

ENLC stock was bought by a variety of institutional investors in the last quarter, including Invesco Ltd., Alps Advisors Inc., Luminus Management LLC, Harvest Fund Advisors LLC, Morgan Stanley, Morgan Stanley, Two Sigma Investments LP, and UBS Group AG. Company insiders that have bought EnLink Midstream stock in the last two years include Barry E Davis, Goldman Sachs Group Inc, Kyle D Vann, and Susan J Mcaden. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is EnLink Midstream's stock price today?

One share of ENLC stock can currently be purchased for approximately $2.46.

How big of a company is EnLink Midstream?

EnLink Midstream has a market capitalization of $1.20 billion and generates $6.05 billion in revenue each year. The pipeline company earns $-1,119,300,000.00 in net income (profit) each year or $0.14 on an earnings per share basis. EnLink Midstream employs 1,355 workers across the globe.

What is EnLink Midstream's official website?

The official website for EnLink Midstream is 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]

This page was last updated on 6/3/2020 by MarketBeat.com Staff

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