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EnLink Midstream LLC (ENLC)
NYSE:ENLC
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EnLink Midstream (ENLC) Stock Price & Analysis

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ENLC Stock Chart & Stats


Bulls Say, Bears Say

Bulls Say
EarningsEnLink Midstream LLC is expected to have stronger-than-expected Q3 earnings, leading to an increase in 2025 EBITDA estimates.
Financial PerformanceLower operational expenses are expected to contribute positively to EnLink Midstream LLC's financial performance.
Growth ProspectsENLC announced a 200mmcf/d long-term contract with downstream customers in its Louisiana segment, contributing to future growth.
Bears Say
Financial PerformanceThe current return on invested capital (ROIC) estimate for the year is 0%, which might not be appealing to investors.
Investor UncertaintyThere will be no earnings call due to the pending potential acquisition by OKE, which may create uncertainty among investors.
Market ReactionENLC reported 2Q24 adj EBITDA of $306mn, which was approximately 6% below consensus estimates, leading to a negative market reaction.
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Financials

Annual

Ownership Overview

0.49%15.02%2.51%65.82%
2.51% Other Institutional Investors
65.82% 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 Available
There 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?
EnLink Midstream LLC lowest stock price was $11.54 and its highest was $16.40 in the past 12 months.
    What is EnLink Midstream LLC’s market cap?
    EnLink Midstream LLC’s market cap is $6.72B.
      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 22 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. Get more investment ideas with TipRanks Premium
            Does EnLink Midstream LLC pay dividends?
            EnLink Midstream LLC pays a Quarterly dividend of $0.528 which represents an annual dividend yield of 3.6%. See more information on EnLink Midstream LLC dividends here
              What is EnLink Midstream LLC’s EPS estimate?
              EnLink Midstream LLC’s EPS estimate is 0.18.
                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?
                    Currently, no hedge funds are holding shares in ENLC
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                    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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