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

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$12.05 0.00 (0.00 %)
(As of 01/25/2019)
Previous Close$12.05
Today's Range$11.91 - $12.66
52-Week Range$10.31 - $19.45
Volume26.10 million shs
Average Volume2.91 million shs
Market Capitalization$4.25 billion
P/E Ratio401.67
Dividend Yield12.95%
Beta2.02
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.

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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$5.74 billion
Cash Flow$2.0493 per share
Book Value$10.16 per share

Profitability

Net Income$148.90 million

Miscellaneous

EmployeesN/A
Market Cap$4.25 billion
Next Earnings DateN/A
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 declared a quarterly dividend on Tuesday, January 15th. Stockholders of record on Thursday, January 24th will be paid a dividend of $0.39 per share on Wednesday, February 13th. This represents a $1.56 annualized dividend and a dividend yield of 12.95%. The ex-dividend date is Wednesday, January 23rd. View EnLink Midstream Partners' Dividend History.

How were EnLink Midstream Partners' earnings last quarter?

EnLink Midstream Partners LP (NYSE:ENLK) issued its quarterly earnings results on Tuesday, May, 1st. The oil and gas producer reported $0.06 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.05 by $0.01. The oil and gas producer had revenue of $1.76 billion for the quarter, compared to analysts' expectations of $1.65 billion. EnLink Midstream Partners had a net margin of 3.76% and a return on equity of 8.27%. EnLink Midstream Partners's revenue was up 33.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) earnings per share. View EnLink Midstream Partners' Earnings History.

What price target have analysts set for ENLK?

15 equities research analysts have issued 1 year target prices for EnLink Midstream Partners' shares. Their forecasts range from $13.00 to $20.00. On average, they anticipate EnLink Midstream Partners' share price to reach $16.9231 in the next twelve months. This suggests a possible upside of 40.4% 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?

News stories about ENLK stock have trended somewhat positive on Saturday, InfoTrie Sentiment Analysis reports. The research group identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. EnLink Midstream Partners earned a media sentiment score of 0.6 on InfoTrie's scale. They also gave news coverage about the oil and gas producer a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the next few days.

Who are some of EnLink Midstream Partners' key competitors?

What other stocks do shareholders of EnLink Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some companies that other EnLink Midstream Partners investors own include CA (CA), BlackRock (BLK), Endologix (ELGX), Energy Transfer LP Unit (ET), Athabasca Oil (ATH), Chipotle Mexican Grill (CMG), Enterprise Products Partners (EPD), Aegean Marine Petroleum Network (ANW), Transocean (RIG) and NIC (EGOV).

Who are EnLink Midstream Partners' key executives?

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

Who are EnLink Midstream Partners' major shareholders?

EnLink Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (4.77%), Alps Advisors Inc. (4.73%), Chickasaw Capital Management LLC (2.27%), Kayne Anderson Capital Advisors LP (1.60%), Principal Financial Group Inc. (1.00%) and CIBC Private Wealth Group LLC (0.97%). 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 institutional investors are selling EnLink Midstream Partners stock?

ENLK stock was sold by a variety of institutional investors in the last quarter, including Harvest Fund Advisors LLC, Bank of Montreal Can, Eagle Global Advisors LLC, Hennessy Advisors Inc., Bank of America Corp DE, Duff & Phelps Investment Management Co., Perella Weinberg Partners Capital Management LP and Miller Howard Investments Inc. NY. 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 institutional investors are buying EnLink Midstream Partners stock?

ENLK stock was acquired by a variety of institutional investors in the last quarter, including CIBC Private Wealth Group LLC, Tortoise Capital Advisors L.L.C., LSP Investment Advisors LLC, Alps Advisors Inc., Water Island Capital LLC, Chickasaw Capital Management LLC, Municipal Employees Retirement System of Michigan 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 $12.05.

How big of a company is EnLink Midstream Partners?

EnLink Midstream Partners has a market capitalization of $4.25 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.

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:  2.2 out of 5 (star star)
Outperform Votes:  336 (Vote Outperform)
Underperform Votes:  412 (Vote Underperform)
Total Votes:  748
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 3/23/2019 by MarketBeat.com Staff

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