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

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$16.25 +0.79 (+5.11 %)
(As of 07/19/2018 04:00 PM ET)
Previous Close$15.46
Today's Range$15.72 - $16.35
52-Week Range$12.75 - $18.58
Volume1.46 million shs
Average Volume877,112 shs
Market Capitalization$5.23 billion
P/E Ratio533.33
Dividend Yield10.45%
Beta2.22
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

Stock Exchange NYSE
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 Ratio533.33
Forward P/E Ratio52.42
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.74 billion
Price / Sales0.99
Cash Flow$2.2321 per share
Price / Cash7.28
Book Value$10.16 per share
Price / Book1.60

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
Market Cap$5,229.13

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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 declared a quarterly dividend on Wednesday, July 18th. Investors of record on Monday, July 30th will be given a dividend of $0.39 per share on Monday, August 13th. This represents a $1.56 annualized dividend and a dividend yield of 9.58%. The ex-dividend date is Friday, July 27th. View EnLink Midstream Partners' Dividend History.

How were EnLink Midstream Partners' earnings last quarter?

EnLink Midstream Partners LP (NYSE:ENLK) released its quarterly earnings results on Tuesday, May, 1st. The oil and gas producer reported $0.06 earnings per share for the quarter, beating the 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 3.09% and a return on equity of 4.52%. EnLink Midstream Partners's revenue for the quarter was up 33.3% compared to the same quarter last year. During the same period last year, the firm 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 brokerages have issued 12 month price targets for EnLink Midstream Partners' stock. Their forecasts range from $13.00 to $19.00. On average, they anticipate EnLink Midstream Partners' share price to reach $16.6923 in the next twelve months. This suggests a possible upside of 2.5% from the stock's current price. View Analyst Ratings 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 11 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Hold."

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 stories about ENLK stock have trended somewhat positive this week, Accern Sentiment Analysis reports. The research firm identifies positive and negative news coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. EnLink Midstream Partners earned a daily sentiment score of 0.13 on Accern's scale. They also gave news stories about the oil and gas producer an impact score of 45.84 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

Who are EnLink Midstream Partners' major shareholders?

EnLink Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Bank of Montreal Can (0.57%), Miller Howard Investments Inc. NY (0.40%), Spirit of America Management Corp NY (0.13%), Clinton Group Inc. (0.02%) and Ballentine Partners LLC (0.02%). 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 Spirit of America Management Corp NY, Miller Howard Investments Inc. NY and Clinton Group Inc.. 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 Bank of Montreal Can and Ballentine Partners 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 $16.28.

How big of a company is EnLink Midstream Partners?

EnLink Midstream Partners has a market capitalization of $5.23 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 (NYSE ENLK)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  292 (Vote Underperform)
Total Votes:  570
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 7/19/2018 by MarketBeat.com Staff

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