NYSE:ENLK - EnLink Midstream Partners Stock Price, Price Target & More

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$15.38 -0.23 (-1.47 %)
(As of 06/22/2018 04:00 PM ET)
Previous Close$15.38
Today's Range$15.0810 - $16.11
52-Week Range$12.75 - $18.58
Volume1.78 million shs
Average Volume1.05 million shs
Market Capitalization$5.47 billion
P/E Ratio512.67
Dividend Yield9.99%
Beta2.15
EnLink Midstream Partners logoEnLink Midstream Partners, LP, through its subsidiary, EnLink Midstream Operating, LP, provides midstream energy services. It operates through Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate segments. The company provides gathering, transmission, processing, fractionation, storage, condensate stabilization, brine, and marketing services to producers of natural gas, natural gas liquids (NGL), crude oil, and condensate. It operates processing plants that remove NGLs from the natural gas stream that is transported to the processing plants by its own gathering systems or by third-party pipelines; and purchases natural gas and NGLs from producers and other supply sources, and sells that natural gas to utilities, industrial consumers, other marketers, and pipelines. The company also fractionates NGLs into purity products, such as ethane, propane, iso-butane, butane, and natural gasoline. It operates approximately 11,000 miles of pipelines, 20 natural gas processing plants, 7 fractionators, barge and rail terminals, product storage facilities, purchasing and marketing capabilities, and brine disposal wells, as well as a crude oil trucking fleet. EnLink Midstream GP, LLC serves as the general partner of the company. The company was formerly known as Crosstex Energy L.P. and changed its name to EnLink Midstream Partners, LP in March 2014. EnLink Midstream Partners, LP was founded in 1992 and is headquartered in Dallas, Texas.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio1.11
Current Ratio1.02
Quick Ratio0.98

Price-To-Earnings

Trailing P/E Ratio512.67
Forward P/E Ratio51.27
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.74 billion
Price / Sales0.94
Cash Flow$2.0210 per share
Price / Cash7.61
Book Value$10.16 per share
Price / Book1.51

Profitability

EPS (Most Recent Fiscal Year)$0.03
Net Income$148.90 million
Net Margins3.09%
Return on Equity4.52%
Return on Assets1.88%

Miscellaneous

Employees1,494
Outstanding Shares350,240,000

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EnLink Midstream Partners (NYSE:ENLK) Frequently Asked Questions

What is EnLink Midstream Partners' stock symbol?

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

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

EnLink Midstream Partners announced a quarterly dividend on Thursday, April 19th. Stockholders of record on Monday, April 30th will be given a dividend of $0.39 per share on Monday, May 14th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 10.14%. The ex-dividend date of this dividend is Friday, April 27th. View EnLink Midstream Partners' Dividend History.

How were EnLink Midstream Partners' earnings last quarter?

EnLink Midstream Partners LP (NYSE:ENLK) posted its earnings results on Tuesday, May, 1st. The oil and gas producer reported $0.06 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.05 by $0.01. The oil and gas producer earned $1.76 billion during the quarter, compared to analyst estimates of $1.65 billion. EnLink Midstream Partners had a return on equity of 4.52% and a net margin of 3.09%. The firm's revenue was up 33.3% on a year-over-year basis. During the same quarter last year, the company earned ($0.03) EPS. View EnLink Midstream Partners' Earnings History.

When is EnLink Midstream Partners' next earnings date?

EnLink Midstream Partners is scheduled to release their next quarterly earnings announcement on Tuesday, July, 31st 2018. View Earnings Estimates for EnLink Midstream Partners.

What price target have analysts set for ENLK?

15 analysts have issued twelve-month target prices for EnLink Midstream Partners' shares. Their predictions range from $13.00 to $19.00. On average, they expect EnLink Midstream Partners' stock price to reach $16.6923 in the next twelve months. View Analyst Ratings for EnLink Midstream Partners.

Who are some of EnLink Midstream Partners' key competitors?

Who are EnLink Midstream Partners' key executives?

EnLink Midstream Partners' management team includes the folowing people:
  • Mr. Barry E. Davis, Exec. Chairman (Age 56)
  • Mr. Michael J. Garberding, Pres, CEO & Director (Age 49)
  • Mr. Benjamin D. Lamb, Exec. VP of North Texas & Oklahoma (Age 38)
  • Mr. McMillan Hummel, Exec. VP & Pres of Natural Gas Liquids and Crude (Age 55)
  • Mr. Eric David Batchelder, Principal Accounting Officer, Exec. VP & CFO (Age 46)

Has EnLink Midstream Partners been receiving favorable news coverage?

Media coverage about ENLK stock has trended somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by reviewing more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. EnLink Midstream Partners earned a coverage optimism score of 0.25 on Accern's scale. They also gave news headlines about the oil and gas producer an impact score of 45.17 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

Who are EnLink Midstream Partners' major shareholders?

EnLink Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Brookfield Asset Management Inc. (3.88%), Alps Advisors Inc. (3.71%), OppenheimerFunds Inc. (3.06%), Tortoise Capital Advisors L.L.C. (2.31%), Tortoise Capital Advisors L.L.C. (2.31%) and Kayne Anderson Capital Advisors LP (1.40%). View Institutional Ownership Trends for EnLink Midstream Partners.

Which institutional investors are selling EnLink Midstream Partners stock?

ENLK stock was sold by a variety of institutional investors in the last quarter, including Alps Advisors Inc., Natixis, Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Duff & Phelps Investment Management Co., Neuberger Berman Group LLC, Institutional & Family Asset Management LLC and Jane Street Group LLC. View Insider Buying and Selling for EnLink Midstream Partners.

Which institutional investors are buying EnLink Midstream Partners stock?

ENLK stock was purchased by a variety of institutional investors in the last quarter, including Brookfield Asset Management Inc., Northwestern Mutual Investment Management Company LLC, UBS Group AG, JPMorgan Chase & Co., Summit Trail Advisors LLC, Municipal Employees Retirement System of Michigan, Global X Management Co. LLC and Kayne Anderson Capital Advisors LP. View Insider Buying and Selling for EnLink Midstream Partners.

How do I buy shares of EnLink Midstream Partners?

Shares of ENLK 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 Partners' stock price today?

One share of ENLK stock can currently be purchased for approximately $15.38.

How big of a company is EnLink Midstream Partners?

EnLink Midstream Partners has a market capitalization of $5.47 billion and generates $5.74 billion in revenue each year. The oil and gas producer earns $148.90 million in net income (profit) each year or $0.03 on an earnings per share basis. EnLink Midstream Partners employs 1,494 workers across the globe.

How can I contact EnLink Midstream Partners?

EnLink Midstream Partners' mailing address is 1722 ROUTH STREET SUITE 1300, DALLAS TX, 75201. The oil and gas producer can be reached via phone at 214-953-9500 or via email at [email protected]


MarketBeat Community Rating for EnLink Midstream Partners (ENLK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  275 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  562
MarketBeat's community ratings are surveys of what our community members think about EnLink Midstream Partners and other stocks. Vote "Outperform" if you believe ENLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe ENLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 6/23/2018 by MarketBeat.com Staff

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