NYSE:ENLK

EnLink Midstream Partners (ENLK) Stock Price, News & Analysis

Notice: This company has been marked as potentially delisted and may not be actively trading.
Today's Range
$11.91
$12.66
50-Day Range
N/A
52-Week Range
$10.31
$19.45
Volume
26.10 million shs
Average Volume
2.91 million shs
Market Capitalization
$4.25 billion
P/E Ratio
401.67
Dividend Yield
12.95%
Price Target
N/A
ENLK stock logo

About EnLink Midstream Partners Stock (NYSE:ENLK)

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.

ENLK Stock News Headlines

Key Takeaways From EnLink Midstream Analyst Ratings
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
EnLink Midstream LLC ENLC
The Latest Analyst Ratings for EnLink Midstream
Stifel Nicolaus Remains a Buy on EnLink Midstream (ENLC)
The A.I. story nobody is telling you (Read ASAP)
There's been a lot of buzz surrounding A.I. over the past year... Most of it is just hype and speculation. But there's one recent A.I. development you NEED to hear about...
Expert Ratings for EnLink Midstream
See More Headlines
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Company Calendar

Last Earnings
5/01/2018
Today
4/23/2024

Industry, Sector and Symbol

Industry
Natural Gas Transmission
Sub-Industry
N/A
Fax
N/A
Employees
N/A
Year Founded
N/A

Profitability

Net Income
$148.90 million
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
$5.74 billion
Cash Flow
$2.05 per share
Book Value
$10.16 per share

Miscellaneous

Free Float
N/A
Market Cap
$4.25 billion
Optionable
Optionable
Beta
2.02
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Key Executives

  • Mr. Barry E. Davis (Age 57)
    Exec. Chairman
  • Mr. Michael J. Garberding (Age 50)
    Pres, CEO & Director
  • Mr. Benjamin D. Lamb (Age 39)
    Exec. VP & COO
  • Mr. Eric David Batchelder (Age 47)
    Exec. VP & CFO
  • Ms. Alaina K. Brooks (Age 44)
    Exec. VP, Chief Legal Officer, Chief Admin. Officer & Sec.

ENLK Stock Analysis - Frequently Asked Questions

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 EPS for the quarter, topping the consensus estimate of $0.05 by $0.01. The oil and gas producer earned $1.76 billion during the quarter, compared to analyst estimates of $1.65 billion. EnLink Midstream Partners had a trailing twelve-month return on equity of 8.27% and a net margin of 3.76%. The business's revenue for the quarter was up 33.3% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.03) EPS.

Is EnLink Midstream Partners a good dividend stock?

EnLink Midstream Partners (NYSE:ENLK) pays an annual dividend of $1.56 per share and currently has a dividend yield of 12.95%. ENLK has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 5,200.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, ENLK will have a dividend payout ratio of 472.73% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for ENLK.

What other stocks do shareholders of EnLink Midstream Partners own?
This page (NYSE:ENLK) was last updated on 4/23/2024 by MarketBeat.com Staff

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