NYSE:ENLK - EnLink Midstream Partners Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$13.28 +0.01 (+0.08 %)
(As of 12/14/2018 02:50 PM ET)
Previous Close$13.27
Today's Range$13.09 - $13.43
52-Week Range$12.72 - $19.45
Volume107,555 shs
Average Volume1.22 million shs
Market Capitalization$4.70 billion
P/E Ratio442.00
Dividend Yield11.71%
Beta2.09
EnLink 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.

Receive ENLK News and Ratings via Email

Sign-up to receive the latest news and ratings for ENLK and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Natural gas transmission
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:ENLK
Previous Symbol
CUSIPN/A
Phone214-953-9500

Debt

Debt-to-Equity Ratio1.13
Current Ratio0.85
Quick Ratio0.74

Price-To-Earnings

Trailing P/E Ratio442.00
Forward P/E Ratio31.62
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.74 billion
Price / Sales0.82
Cash Flow$2.0431 per share
Price / Cash Flow6.50
Book Value$10.16 per share
Price / Book1.31

Profitability

EPS (Most Recent Fiscal Year)$0.03
Net Income$148.90 million
Net Margins3.76%
Return on Equity8.27%
Return on Assets2.96%

Miscellaneous

Employees1,494
Outstanding Shares353,100,000
Market Cap$4.70 billion
OptionableOptionable

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 Friday, October 19th. Investors of record on Monday, October 29th will be given a dividend of $0.39 per share on Tuesday, November 13th. This represents a $1.56 dividend on an annualized basis and a dividend yield of 11.75%. The ex-dividend date of this dividend is Friday, October 26th. View EnLink Midstream Partners' Dividend History.

How were EnLink Midstream Partners' earnings last quarter?

EnLink Midstream Partners LP (NYSE:ENLK) issued its quarterly earnings data on Tuesday, November, 6th. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.12 by $0.06. The oil and gas producer earned $2.11 billion during the quarter, compared to analyst estimates of $1.86 billion. EnLink Midstream Partners had a net margin of 3.76% and a return on equity of 8.27%. EnLink Midstream Partners's quarterly revenue was up 51.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.02) 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, February 19th 2019. View Earnings Estimates for EnLink Midstream Partners.

What price target have analysts set for ENLK?

15 equities research analysts have issued 12 month target prices for EnLink Midstream Partners' stock. Their predictions range from $13.00 to $20.00. On average, they anticipate EnLink Midstream Partners' share price to reach $17.1538 in the next twelve months. This suggests a possible upside of 29.2% from the stock's current price. View Analyst Price Targets for EnLink Midstream Partners.

What is the consensus analysts' recommendation for EnLink Midstream Partners?

15 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream Partners in the last year. There are currently 13 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream Partners.

Has EnLink Midstream Partners been receiving favorable news coverage?

Media headlines about ENLK stock have trended somewhat positive on Friday, according to InfoTrie Sentiment Analysis. The research firm rates the sentiment of media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. EnLink Midstream Partners earned a news sentiment score of 1.8 on InfoTrie's scale. They also gave news stories about the oil and gas producer a news buzz of 3.0 out of 10, meaning that recent media coverage is unlikely to have an effect on the stock's share price in the immediate future.

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 & COO (Age 38)
  • Mr. Eric David Batchelder, Principal Accounting Officer, Exec. VP & CFO (Age 46)
  • Kate Walsh, VP of Investor Relations & Tax

Who are EnLink Midstream Partners' major shareholders?

EnLink Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Alps Advisors Inc. (4.18%), Tortoise Capital Advisors L.L.C. (4.03%), Brookfield Asset Management Inc. (3.03%), Advisory Research Inc. (2.79%), Chickasaw Capital Management LLC (1.96%) and Kayne Anderson Capital Advisors LP (1.50%). Company insiders that own EnLink Midstream Partners stock include Alaina K Brooks, Goldman Sachs Group Inc and Susan J Mcaden. View Institutional Ownership Trends for EnLink Midstream Partners.

Which major investors are selling EnLink Midstream Partners stock?

ENLK stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., JPMorgan Chase & Co., Advisory Research Inc., Morgan Stanley, Bank of Montreal Can, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Chickasaw Capital Management LLC and Brookfield Asset Management Inc.. Company insiders that have sold EnLink Midstream Partners company stock in the last year include Alaina K Brooks and Susan J Mcaden. View Insider Buying and Selling for EnLink Midstream Partners.

Which major investors are buying EnLink Midstream Partners stock?

ENLK stock was acquired by a variety of institutional investors in the last quarter, including Tortoise Capital Advisors L.L.C., Mirae Asset Global Investments Co. Ltd., Virtus ETF Advisers LLC, Hennessy Advisors Inc., Alps Advisors Inc., Wells Fargo & Company MN, Virtus Alternative Investment Advisers Inc. and Jennison Associates LLC. 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 $13.28.

How big of a company is EnLink Midstream Partners?

EnLink Midstream Partners has a market capitalization of $4.70 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.

What is EnLink Midstream Partners' official website?

The official website for EnLink Midstream Partners is http://www.enlink.com.

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 (NYSE ENLK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  294 (Vote Outperform)
Underperform Votes:  326 (Vote Underperform)
Total Votes:  620
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 12/14/2018 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel