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EnLink Midstream LLC (ENLC)
NYSE:ENLC
EnLink Midstream (ENLC) Stock Price & Analysis
526 Followers
ENLC Stock Chart & Stats
Day’s Range$13.31 - $13.71
52-Week Range― - ―
Previous Close$13.31
Volume1.04M
Average Volume (3M)N/A
Market Cap
$6.11B
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
Jul 30, 2024EPS Estimate
$0.13Last Dividend Ex-Date
Apr 25, 2024Dividend Yield3.87%
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
$14.43Price Target Upside6.57% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering7
EnLink Midstream News
PremiumCompany Announcements
EnLink Midstream Announces New Investor Presentation Release
Bulls Say, Bears Say
Bulls Say
Capital Return StrategyThe company has a favorable capital return strategy, suggesting that investors could benefit from the company's financial policies.
Growth StrategyENLC announced a high-return $70MM gas transportation project in LA with more projects on the drawing board, indicating strong growth prospects.
Strategic PartnershipsENLC maintains a firm agreement with XOM to ship 3.2mtpa over 25 years, with the opportunity to expand, indicating a secured revenue stream.
Bears Say
Financial PerformanceInvestor hesitancy around ENLC's legacy basins in sub-$2/mmbtu gas environment.
Project DevelopmentAnnouncement of a 'reprioritization' of CCS projects with XOM likely contributed to underperformance as it throws question on most visible CCS project.
Strategy And OutlookENLC's original outlook of ~$300mn annual EBITDA by 2030 may require adjustments due to changes in capital expenditure and project reprioritization.
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Ownership Overview
53.00% Insiders
15.06% Mutual Funds
21.06% Other Institutional Investors
10.89% 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 Jul 30, 2024 which is in 81 days.
How were EnLink Midstream LLC’s earnings last quarter?
EnLink Midstream LLC released its earnings results on Apr 30, 2024. The company reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.135 by -$0.105.
Is EnLink Midstream LLC overvalued?
According to Wall Street analysts EnLink Midstream LLC’s price is currently Undervalued.
Does EnLink Midstream LLC pay dividends?
EnLink Midstream LLC pays a Quarterly dividend of $0.13 which represents an annual dividend yield of 3.87%. 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 $0.03 in its last earnings report, missing expectations of $0.135. Following the earnings report the stock price went down -6.195%.
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:
$14.43 (6.57% Upside)
$14.43 (6.57% Upside)
Blogger Sentiment
Bullish
ENLC Sentiment 80%
Sector Average 72%
Sector Average 72%
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
Positive
Last 7 Days ▼ 0.3%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
58.58%
12-Months-Change
Fundamentals
Return on Equity
15.23%
Trailing 12-Months
Asset Growth
4.16%
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
Q1 2024
0:00 / 0:00
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ENLC Stock 12 Month Forecast
Average Price Target
$14.43
▲(6.57% Upside)
Technical Analysis
Best Analysts Covering ENLC
1 Year
1 Year Success Rate
7/7 ratings generated profit
1 Year Average Return
+23.77%
reiterated a buy rating 8 days ago
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