About EnLink Midstream Partners LP (NYSE:ENLK)
EnLink Midstream Partners, LP is a midstream company. The Company's business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate. The Company focuses on providing midstream energy services, including gathering, processing, transmission, fractionation, storage, condensate stabilization, brine services and marketing to producers of natural gas, natural gas liquids (NGLs), crude oil and condensate. As of December 31, 2016, its midstream energy asset network included approximately 11,000 miles of pipelines, 20 natural gas processing plants, seven fractionators, barge and rail terminals, product storage facilities, purchasing and marketing capabilities, brine disposal wells, a crude oil trucking fleet, and equity investments in certain private midstream companies.
Industry, Sector and Symbol:
- Sector: Energy
- Industry: Oil & Gas Transportation Services
- Sub-Industry: N/A
- Symbol: NYSE:ENLK
- CUSIP: N/A
- Web: www.enlink.com/
- Market Cap: $5.60044 billion
- Outstanding Shares: 347,501,000
- 50 Day Moving Avg: $16.39
- 200 Day Moving Avg: $16.73
- 52 Week Range: $14.43 - $19.59
Sales & Book Value:
- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: 61.85
- P/E Growth: 268.00
- Annual Revenue: $4.92 billion
- Price / Sales: 1.14
- Book Value: $8.61 per share
- Price / Book: 1.87
- Annual Dividend: $1.56
- Dividend Yield: 9.7%
- EBITDA: $754.7 million
- Net Margins: 2.59%
- Return on Equity: -0.07%
- Return on Assets: 1.44%
- Debt-to-Equity Ratio: 0.98%
- Current Ratio: 0.67%
- Quick Ratio: 0.60%
- Average Volume: 565,597 shs.
- Beta: 2.06
- Short Ratio: 8.45
Frequently Asked Questions for EnLink Midstream Partners LP (NYSE:ENLK)
What is EnLink Midstream Partners LP's stock symbol?
EnLink Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "ENLK."
How often does EnLink Midstream Partners LP pay dividends? What is the dividend yield for EnLink Midstream Partners LP?
EnLink Midstream Partners LP announced a quarterly dividend on Friday, October 20th. Investors of record on Wednesday, November 1st will be given a dividend of $0.39 per share on Monday, November 13th. This represents a $1.56 annualized dividend and a dividend yield of 9.70%. The ex-dividend date of this dividend is Tuesday, October 31st. View EnLink Midstream Partners LP's Dividend History.
How were EnLink Midstream Partners LP's earnings last quarter?
EnLink Midstream Partners LP (NYSE:ENLK) announced its earnings results on Tuesday, November, 1st. The company reported ($0.03) EPS for the quarter, missing the consensus estimate of $0.02 by $0.05. The company earned $1.10 billion during the quarter, compared to analysts' expectations of $1.08 billion. EnLink Midstream Partners LP had a net margin of 2.59% and a negative return on equity of 0.07%. The company's revenue was down 5.6% compared to the same quarter last year. During the same period in the previous year, the firm earned ($2.32) EPS. View EnLink Midstream Partners LP's Earnings History.
When will EnLink Midstream Partners LP make its next earnings announcement?
Where is EnLink Midstream Partners LP's stock going? Where will EnLink Midstream Partners LP's stock price be in 2017?
7 brokerages have issued 12 month price objectives for EnLink Midstream Partners LP's stock. Their forecasts range from $16.00 to $20.00. On average, they expect EnLink Midstream Partners LP's stock price to reach $18.17 in the next year. View Analyst Ratings for EnLink Midstream Partners LP.
Who are some of EnLink Midstream Partners LP's key competitors?
Some companies that are related to EnLink Midstream Partners LP include Targa Resources (TRGP), Buckeye Partners L.P. (BPL), Enable Midstream Partners, LP (ENBL), EQT Midstream Partners, LP (EQM), Phillips 66 Partners LP (PSXP), Shell Midstream Partners, L.P. (SHLX), Andeavor Logistics LP (ANDX), Tesoro Logistics LP (ANDX), Enbridge Energy, L.P. (EEP), Tallgrass Energy GP, LP (TEGP), Tallgrass Energy Partners, LP (TEP), Plains Group Holdings, L.P. (PAGP), EnLink Midstream, LLC (ENLC), Genesis Energy, L.P. (GEL), Valero Energy Partners LP (VLP), Semgroup Corporation (SEMG), SemGroup Corp (SEMG) and Noble Midstream Partners LP (NBLX).
Who are EnLink Midstream Partners LP's key executives?
EnLink Midstream Partners LP's management team includes the folowing people:
- Barry E. Davis, Chairman of the Board, Chief Executive Officer of Crosstex Energy GP, LLC
- Michael J. Garberding, President, Chief Financial Officer
- Steve J. Hoppe, Executive Vice President, President - Gas Gathering, Processing and Transmission of Crosstex Energy GP, LLC
- McMillan Hummel, Executive Vice President, President - Natural Gas Liquids and Crude of Crosstex Energy GP, LLC
- Benjamin D. Lamb, Executive Vice President - Corporate Development
- Alaina K. Brooks, Senior Vice President, General Counsel, Secretary
- David A. Hager, Director
- Kevin D. Lafferty, Director
- Christopher Ortega, Director
- Jeffrey L. Ritenour, Director
Who owns EnLink Midstream Partners LP stock?
Who bought EnLink Midstream Partners LP stock? Who is buying EnLink Midstream Partners LP stock?
How do I buy EnLink Midstream Partners LP stock?
Shares of EnLink Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is EnLink Midstream Partners LP's stock price today?
MarketBeat Community Rating for EnLink Midstream Partners LP (NYSE ENLK)MarketBeat's community ratings are surveys of what our community members think about EnLink Midstream Partners LP and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of EnLink Midstream Partners LP stock can currently be purchased for approximately $16.08.
Consensus Ratings for EnLink Midstream Partners LP (NYSE:ENLK) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||4 Hold Ratings, 3 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.43)|
|Consensus Price Target: ||$18.17 (12.98% upside)|Consensus Price Target History for EnLink Midstream Partners LP (NYSE:ENLK)
Analysts' Ratings History for EnLink Midstream Partners LP (NYSE:ENLK)
(Data available from 10/23/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|10/10/2017||Seaport Global Securities||Initiated Coverage||Neutral||$18.00||N/A|
|9/3/2017||Jefferies Group LLC||Reiterated Rating||Hold||$17.00 -> $16.00||Low|
|6/16/2017||Stifel Nicolaus||Upgrade||Hold -> Buy||$18.00||High|
|6/15/2017||Morgan Stanley||Downgrade||Overweight -> Equal||$20.00 -> $19.00||High|
|3/10/2017||Janney Montgomery Scott||Initiated Coverage||Neutral||$20.00||Low|
|1/12/2017||Raymond James Financial, Inc.||Upgrade||Market Perform -> Outperform||N/A|
|12/8/2016||FBR & Co||Reiterated Rating||Buy||N/A|
|9/13/2016||Credit Suisse Group||Downgrade||Outperform -> Neutral||$21.00||N/A|
|9/5/2016||Royal Bank Of Canada||Reiterated Rating||Outperform||$16.00 -> $21.00||N/A|
|8/31/2016||Wunderlich||Boost Price Target||Buy||$18.00 -> $20.00||N/A|
|8/17/2016||Barclays PLC||Boost Price Target||Equal Weight||$15.00 -> $18.00||N/A|
|6/10/2016||Mitsubishi UFJ Financial Group||Downgrade||Neutral -> Underweight||N/A|
|5/12/2016||Goldman Sachs Group, Inc. (The)||Lower Price Target||Neutral||$12.00 -> $9.00||N/A|
|4/6/2016||Drexel Hamilton||Initiated Coverage||Hold||$14.00||N/A|
|4/1/2016||Piper Jaffray Companies||Initiated Coverage||Overweight||N/A|
|3/30/2016||J P Morgan Chase & Co||Boost Price Target||Neutral||$12.00 -> $12.50||N/A|
|2/17/2016||Bank of America Corporation||Reiterated Rating||Buy -> Neutral||$21.00 -> $11.00||N/A|
|12/8/2015||Mitsubishi UFJ Financial Group Inc||Reiterated Rating||Neutral||N/A|
Earnings History for EnLink Midstream Partners LP (NYSE:ENLK)Earnings History by Quarter for EnLink Midstream Partners LP (NYSE ENLK)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|2/14/2017||Q4 2016||$0.04||($0.18)||$1.13 billion||$3.35 billion||View||N/A|
|11/1/2016||Q3||$0.02||($0.03)||$1.08 billion||$1.10 billion||View||N/A|
|5/3/2016||Q1||$0.08||($1.74)||$1.06 billion||$889.70 billion||View||N/A|
|2/16/2016||Q415||($0.04)||($2.17)||$1.21 billion||$1.07 billion||View||Listen|
|11/4/2015||Q3||$0.12||$0.17||$1.30 billion||$1.17 billion||View||N/A|
|8/5/2015||Q2||$0.08||$0.12||$1.08 billion||$1.27 billion||View||N/A|
|5/6/2015||Q1 2015||$0.11||$0.03||$1.12 billion||$936.30 million||View||N/A|
|2/18/2015||Q414||$0.17||$0.21||$905.43 million||$995.20 million||View||N/A|
|11/5/2014||Q314||$0.22||$0.18||$960.00 million||$644.10 million||View||N/A|
|8/5/2014||Q2 2014||$0.17||$0.17||$767.94 million||$924.00 million||View||N/A|
|5/6/2014||Q1 2014||($0.09)||$0.03||$478.77 million||$722.50 million||View||N/A|
|2/27/2014||Q413||($0.06)||($0.38)||$492.58 million||$574.60 million||View||N/A|
|11/8/2013||Q313||($0.27)||($0.95)||$466.00 million||$468.36 million||View||N/A|
|8/8/2013||Q2 2013||($0.16)||($0.23)||$435.03 million||$454.60 million||View||Listen|
|5/9/2013||Q1 2013||($0.21)||($0.15)||$479.52 million||$445.69 million||View||Listen|
|3/1/2013||Q4 2012||($0.29)||($0.51)||$445.12 million||$525.98 million||View||Listen|
|11/9/2012||Q312||($0.15)||($0.09)||$515.85 million||$406.00 million||View||N/A|
Earnings Estimates for EnLink Midstream Partners LP (NYSE:ENLK)
Current Year EPS Consensus Estimate: $0.05 EPS
Next Year EPS Consensus Estimate: $0.26 EPS
Current Dividend Information for EnLink Midstream Partners LP (NYSE:ENLK)
|Dividend Growth:||0.00% (3 Year Average)|
|Payout Ratio:||-649.97% (Trailing 12 Months of Earnings) |
3,120.00% (Based on This Year's Estimates)
600.00% (Based on Next Year's Estimates)
|Track Record:||2 Years of Consecutive Dividend Growth|
Dividend History by Quarter for EnLink Midstream Partners LP (NYSE ENLK)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for EnLink Midstream Partners LP (NYSE:ENLK)
Insider Ownership Percentage: 0.17%Insider Trades by Quarter for EnLink Midstream Partners LP (NYSE:ENLK)
Institutional Ownership Percentage: 40.57%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|12/1/2016||Susan J Mcaden||VP||Sell||5,700||$17.46||$99,522.00|| |
|6/8/2015||Stan Golemon||SVP||Sell||19,793||$23.40||$463,156.20|| |
|4/29/2015||Energy Corp/De Devon||Major Shareholder||Sell||3,420,000||$24.94||$85,294,800.00|| |
|3/30/2015||Gas Pipeline L.L Southwestern||Major Shareholder||Sell||22,800,000||$24.94||$568,632,000.00|| |
|1/23/2015||Barry E Davis||CEO||Sell||14,008||$29.59||$414,496.72|| |
|3/12/2013||Stan Golemon||VP||Sell||11,400||$17.50||$199,500.00|| |
Headline Trends for EnLink Midstream Partners LP (NYSE:ENLK)
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EnLink Midstream Partners LP (ENLK) Chart for Monday, October, 23, 2017