Working with TipRanks
Follow Us
Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
EnLink Midstream LLC (ENLC)
NYSE:ENLC
Holding ENLC?
Track your performance easily
ENLC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$11.53 - $15.67
Previous Close$15.21
Volume3.54M
Average Volume (3M)2.21M
Market Cap
$7.08B
Enterprise Value$11.74B
Total Cash (Recent Filing)$5.80M
Total Debt (Recent Filing)$4.66B
Price to Earnings (P/E)68.7
Beta0.81
Next Earnings
Feb 18, 2025EPS Estimate
$0.19Last Dividend Ex-Date
Nov 01, 2024Dividend Yield3.37%
Share Statistics
EPS (TTM)0.23
Shares Outstanding461,449,461
10 Day Avg. Volume2,306,513
30 Day Avg. Volume2,211,073
Standard Deviation0.22
R-Squared0.33
Alpha0.02
Financial Highlights & Ratios
Price to Book (P/B)1521.00
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)11.00
P/FCF Ratio18.80
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.73
Enterprise Value/Gross Profit8.59
Enterprise Value/Ebitda8.37
Forecast
1Y Price Target
$15.40Price Target Upside1.25% Upside
Rating ConsensusHold
Number of Analyst Covering7
EnLink Midstream News
PremiumCompany Announcements
EnLink Midstream’s Q3 2024 Financial Performance UnveiledPremiumCompany Announcements
EnLink Midstream Reports Strong Q3 2024 ResultsBulls Say, Bears Say
Bulls Say
Financial PerformanceEnLink reported adjusted EBITDA of $345.0 million, which beat estimates, highlighting a strong financial performance.
Growth ProspectsENLC announced a 200mmcf/d long-term contract with downstream customers in its Louisiana segment, contributing to future growth.
Strategic DevelopmentsOKE completed the acquisition of Global Infrastructure Partners' 43% interest in ENLC for $3.3bn, representing a ~13% premium to ENLC's unit closing price before the acquisition announcement.
Bears Say
Financial PerformanceENLC reported adjusted EBITDA significantly below consensus estimates, driven by new lower rates in North Texas and weaker unit margins, leading to a negative market reaction.
Investor UncertaintyNo earnings call will be held due to a pending potential acquisition, which may create uncertainty among investors regarding future company performance and strategy.
Market PerformanceAnalyst downgrades ENLC to Market Perform from Outperform, suggesting the stock's current valuation lacks compelling risk/reward opportunities compared to other midstream investments.
---
Ownership Overview
0.52% Insiders
14.95% Mutual Funds
6.35% Other Institutional Investors
62.22% 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.
---
ENLC FAQ
What was EnLink Midstream LLC’s price range in the past 12 months?
EnLink Midstream LLC lowest stock price was $11.53 and its highest was $15.67 in the past 12 months.
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 Feb 18, 2025 which is in 101 days.
How were EnLink Midstream LLC’s earnings last quarter?
EnLink Midstream LLC released its earnings results on Nov 06, 2024. The company reported -$0.03 earnings per share for the quarter, missing the consensus estimate of $0.141 by -$0.171.
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 3.37%. See more information on EnLink Midstream LLC dividends here
What is EnLink Midstream LLC’s EPS estimate?
EnLink Midstream LLC’s EPS estimate is $0.19.
How many shares outstanding does EnLink Midstream LLC have?
EnLink Midstream LLC has 457,073,100 shares outstanding.
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 $0.141. Following the earnings report the stock price went down -0.129%.
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 23M.
---
EnLink Midstream Stock Smart Score
Unlock Smart Score
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$15.40 (1.25% Upside)
$15.40 (1.25% Upside)
Blogger Sentiment
Bullish
ENLC Sentiment 75%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Increased
By 163.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0B over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 1.4%
Last 30 Days ▲ 12.1%
Last 30 Days ▲ 12.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
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.
---
ENLC Company Deck
---
ENLC Earnings Call
Q2 2024
0:00 / 0:00
---
ENLC Stock 12 Month Forecast
Average Price Target
$15.40
▲(1.25% Upside)
Technical Analysis
---