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EnLink Midstream LLC (ENLC)
NYSE:ENLC
EnLink Midstream (ENLC) Stock Price & Analysis
524 Followers
ENLC Stock Chart & Stats
Day’s Range$13.63 - $13.91
52-Week Range― - ―
Previous Close$13.78
Volume892.46K
Average Volume (3M)N/A
Market Cap
$6.17B
Enterprise ValueN/A
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)N/A
BetaN/A
Next Earnings
Apr 30, 2024EPS Estimate
$0.13Last Dividend Ex-Date
Apr 25, 2024Dividend Yield3.68%
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. VolumeN/A
30 Day Avg. VolumeN/A
Standard DeviationN/A
R-SquaredN/A
AlphaN/A
Financial Highlights & Ratios
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
Price to Cash Flow (P/CF)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$12.56Price Target Upside-9.58% Downside
Rating ConsensusModerate Buy
Number of Analyst Covering6
EnLink Midstream News
Bulls Say, Bears Say
Bulls Say
Capital AllocationExcess cash flow not utilized in CCS initiatives will be directed to the buyback program, further enhancing shareholder value.
Expansion And PartnershipsENLC expanded its relationship with XOM to cover the entire US Gulf Coast, significantly broadening its potential market.
Financial PerformanceENLC offers a compelling return proposition with an estimated 19% EPS growth plus an attractive dividend yield.
Bears Say
Financial PerformanceENLC's preliminary 2024 EBITDA guidance fell short of Consensus.
Market DynamicsThe reset of contract rates in Oklahoma and North Texas essentially resets five years of inflation-related rate expansion, exacerbating concerns about these legacy basins in a softer near-term natural gas macro.
Strategy And OperationsAnnouncement of a 'reprioritization' of CCS projects with XOM likely contributed to underperformance as it throws question on most visible CCS project.
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Ownership Overview
52.78% Insiders
15.03% Mutual Funds
19.91% Other Institutional Investors
12.29% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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ENLC FAQ
What was EnLink Midstream LLC’s price range in the past 12 months?
Currently, no data Available
What is EnLink Midstream LLC’s market cap?
Currently, no data Available
When is EnLink Midstream LLC’s upcoming earnings report date?
EnLink Midstream LLC’s upcoming earnings report date is Apr 30, 2024 which is tomorrow.
How were EnLink Midstream LLC’s earnings last quarter?
EnLink Midstream LLC released its earnings results on Feb 20, 2024. The company reported $0.14 earnings per share for the quarter, missing the consensus estimate of $0.153 by -$0.013.
Is EnLink Midstream LLC overvalued?
According to Wall Street analysts EnLink Midstream LLC’s price is currently Overvalued.
Does EnLink Midstream LLC pay dividends?
EnLink Midstream LLC pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 3.68%. See more information on EnLink Midstream LLC dividends here
What is EnLink Midstream LLC’s EPS estimate?
EnLink Midstream LLC’s EPS estimate is $0.13.
How many shares outstanding does EnLink Midstream LLC have?
Currently, no data Available
What happened to EnLink Midstream LLC’s price movement after its last earnings report?
EnLink Midstream LLC reported an EPS of $0.14 in its last earnings report, missing expectations of $0.153. Following the earnings report the stock price went down -2.183%.
Which hedge fund is a major shareholder of EnLink Midstream LLC?
Among the largest hedge funds holding EnLink Midstream LLC’s share is Blackstone Inc.. It holds EnLink Midstream LLC’s shares valued at 18M.
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EnLink Midstream Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$12.56 (-9.58% Downside)
$12.56 (-9.58% Downside)
Blogger Sentiment
Bullish
ENLC Sentiment 80%
Sector Average 71%
Sector Average 71%
Hedge Fund Trend
Decreased
By 56.8K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.6M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 6.5%
Last 30 Days ▼ 6.5%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
49.67%
12-Months-Change
Fundamentals
Return on Equity
17.87%
Trailing 12-Months
Asset Growth
-2.97%
Trailing 12-Months
Company Description
EnLink Midstream LLC
EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. It operates through the following segments: Permian, North Texas, Oklahoma, Louisiana and Corporate. The Permian segment includes natural gas gathering, processing, and transmission activities and crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico and crude operations in South Texas. The North Texas segment includes natural gas gathering, processing, and transmission activities in North Texas. The Oklahoma segment includes natural gas gathering, processing, and transmission activities, and crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and CNOW shale areas. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets located in Louisiana and crude oil operations in ORV. The Corporate segment includes investments in the Cedar Cove JV in Oklahoma, ownership interest in GCF in South Texas, derivative activity and general corporate assets and expenses. The company was founded in October 2013 and is headquartered in Dallas, TX.
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ENLC Company Deck
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ENLC Earnings Call
Q4 2024
0:00 / 0:00
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ENLC Stock 12 Months Forecast
Average Price Target
$12.56
▼(-9.58% Downside)
Technical Analysis
Best Analysts Covering ENLC
1 Year
1 Year Success Rate
6/6 ratings generated profit
1 Year Average Return
+30.52%
reiterated a buy rating 2 months ago
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