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

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$18.27 -0.18 (-0.98 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$18.45
Today's Range$18.23 - $18.58
52-Week Range$12.75 - $19.45
Volume1.45 million shs
Average Volume983,537 shs
Market Capitalization$6.42 billion
P/E Ratio609.00
Dividend Yield8.51%
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


Debt-to-Equity Ratio1.05
Current Ratio0.72
Quick Ratio0.64


Trailing P/E Ratio609.00
Forward P/E Ratio41.52
P/E GrowthN/A

Sales & Book Value

Annual Sales$5.74 billion
Price / Sales1.12
Cash Flow$2.0436 per share
Price / Cash8.94
Book Value$10.16 per share
Price / Book1.80


EPS (Most Recent Fiscal Year)$0.03
Net Income$148.90 million
Net Margins3.89%
Return on Equity6.41%
Return on Assets2.58%


Outstanding Shares350,350,000
Market Cap$6.42 billion

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 paid a dividend of $0.39 per share on Monday, August 13th. This represents a $1.56 dividend on an annualized basis and a yield of 8.54%. The ex-dividend date of this dividend is Friday, July 27th. 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, July, 31st. The oil and gas producer reported $0.17 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.08 by $0.09. The oil and gas producer had revenue of $1.76 billion for the quarter, compared to analyst estimates of $1.74 billion. EnLink Midstream Partners had a return on equity of 6.41% and a net margin of 3.89%. The company's revenue for the quarter was up 39.7% on a year-over-year basis. During the same period 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, October, 30th 2018. View Earnings Estimates for EnLink Midstream Partners.

What price target have analysts set for ENLK?

14 brokers have issued 1-year target prices for EnLink Midstream Partners' shares. Their forecasts range from $13.00 to $19.00. On average, they expect EnLink Midstream Partners' share price to reach $17.1667 in the next twelve months. This suggests that the stock has a possible downside of 6.0%. View Analyst Price Targets for EnLink Midstream Partners.

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

14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for EnLink Midstream Partners in the last year. There are currently 9 hold ratings and 5 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for EnLink Midstream Partners.

Are investors shorting EnLink Midstream Partners?

EnLink Midstream Partners saw a increase in short interest in August. As of August 15th, there was short interest totalling 4,281,656 shares, an increase of 67.7% from the July 31st total of 2,553,539 shares. Based on an average daily volume of 1,876,981 shares, the short-interest ratio is presently 2.3 days. Currently, 2.6% of the shares of the stock are sold short. View EnLink Midstream Partners' Current Options Chain.

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

Has EnLink Midstream Partners been receiving favorable news coverage?

News headlines about ENLK stock have been trending somewhat positive this week, according to Accern. The research firm identifies positive and negative media coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded 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 0.18 on Accern's scale. They also gave media coverage about the oil and gas producer an impact score of 46.57 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the immediate future. View Recent Headlines for EnLink Midstream Partners.

Who are EnLink Midstream Partners' major shareholders?

EnLink Midstream Partners' stock is owned by many different of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (3.93%), Alps Advisors Inc. (3.91%), OppenheimerFunds Inc. (3.09%), Chickasaw Capital Management LLC (2.05%), Kayne Anderson Capital Advisors LP (1.40%) and Eagle Global Advisors LLC (1.12%). 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 Morgan Stanley, Spirit of America Management Corp NY, Oppenheimer & Co. Inc., Miller Howard Investments Inc. NY, Bank of America Corp DE, Dividend Assets Capital LLC, Clinton Group Inc. and CIBC Private Wealth Group LLC. 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 purchased by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of Montreal Can, Eagle Global Advisors LLC, Alps Advisors Inc., Chickasaw Capital Management LLC, Alps Advisors Inc., Advisors Asset Management Inc. and Global X Management Co 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 $18.27.

How big of a company is EnLink Midstream Partners?

EnLink Midstream Partners has a market capitalization of $6.42 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:  289 (Vote Outperform)
Underperform Votes:  309 (Vote Underperform)
Total Votes:  598
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 9/21/2018 by MarketBeat.com Staff

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