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EnLink Midstream LLC (ENLC)
NYSE:ENLC
EnLink Midstream (ENLC) Stock Price & Analysis
528 Followers
ENLC Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$9.13 - $14.14
Previous Close$12.69
Volume4.54M
Average Volume (3M)1.91M
Market Cap
$5.73B
Enterprise Value$10.28B
Total Cash (Recent Filing)$16.80M
Total Debt (Recent Filing)$4.57B
Price to Earnings (P/E)36.1
Beta1.00
Next Earnings
Jul 30, 2024EPS Estimate
$0.13Last Dividend Ex-Date
Apr 25, 2024Dividend Yield4.16%
Share Statistics
EPS (TTM)0.35
Shares Outstanding451,304,161
10 Day Avg. Volume2,101,407
30 Day Avg. Volume1,911,006
Standard Deviation0.22
R-Squared0.33
Alpha0.00965
Financial Highlights & Ratios
Price to Book (P/B)-7.36
Price to Sales (P/S)0.83
Price to Cash Flow (P/CF)4.80
P/FCF Ratio6.90
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.58
Enterprise Value/Gross Profit7.52
Enterprise Value/Ebitda8.74
Forecast
1Y Price Target
$14.43Price Target Upside13.71% 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 Expenditure And ProjectsENLC announced a high-return $70MM gas transportation project in LA with additional promising projects planned, showcasing strong growth prospects.
Financial PolicyThe company's favorable capital return strategy suggests potential benefits for investors from financial policies, including dividends and buybacks.
Growth StrategyENLC expressed confidence in attaining the midpoint of its 2024 guidance, signalling a positive outlook on the company's growth trajectory.
Bears Say
Financial PerformanceQ1 results were negatively impacted by $5MM of nonrecurring expenses.
Operational IssuesLighter G&P volumes were partly due to price-related producer shut-ins in Oklahoma and North Texas.
Strategy ConcernsAnnouncement 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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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
ENLC FAQ
What was EnLink Midstream LLC’s price range in the past 12 months?
EnLink Midstream LLC lowest stock price was $9.13 and its highest was $14.14 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 Jul 30, 2024 which is in 59 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 4.16%. 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?
EnLink Midstream LLC has 451,304,170 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 $0.135. 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 20M.
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EnLink Midstream Stock Smart Score
Neutral
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Analyst Consensus
Moderate Buy
Average Price Target:
$14.43 (13.71% Upside)
$14.43 (13.71% Upside)
Blogger Sentiment
Bullish
ENLC Sentiment 80%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 61.6K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0M over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.2%
Last 30 Days ▲ 1.5%
Last 30 Days ▲ 1.5%
Technicals
SMA
Positive
20 days / 200 days
Momentum
35.56%
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
▲(13.71% Upside)
Technical Analysis
Best Analysts Covering ENLC
1 Year
1 Year Success Rate
6/7 ratings generated profit
1 Year Average Return
+21.59%
reiterated a buy rating last month
Copying Selman Akyol's trades and holding each position for 1 Year would result in 85.71% of your transactions generating a profit, with an average return of +21.59% per trade.
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