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EnLink Midstream LLC (ENLC)
:ENLC
Holding ENLC?
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ENLC Stock Chart & Stats
Day’s Range― - ―
52-Week Range$11.53 - $16.40
Previous CloseN/A
Volume536.15K
Average Volume (3M)2.59M
Market Cap
$6.99B
Enterprise Value$12.37B
Total Cash (Recent Filing)$204.80M
Total Debt (Recent Filing)$3.30B
Price to Earnings (P/E)66.4
Beta0.80
Next Earnings
Feb 18, 2025EPS Estimate
0.18Last Dividend Ex-Date
Nov 01, 2024Dividend Yield3.46%
Share Statistics
EPS (TTM)0.23
Shares Outstanding457,073,100
10 Day Avg. Volume2,703,554
30 Day Avg. Volume2,587,396
Standard Deviation0.21
R-Squared0.36
Alpha0.02
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.05
Price to Cash Flow (P/CF)6.70
P/FCF Ratio8.90
Enterprise Value/Market Cap1.77
Enterprise Value/Revenue1.87
Enterprise Value/Gross Profit9.06
Enterprise Value/Ebitda8.85
Forecast
1Y Price Target
$15.25Price Target Upside-0.52% Downside
Rating ConsensusHold
Number of Analyst Covering6
EnLink Midstream News
PremiumCompany Announcements
EnLink Midstream Announces CEO Departure Amid ONEOK Merger
PremiumCompany Announcements
EnLink Midstream Restructures Financial Agreements and Obligations
PremiumCompany Announcements
ONEOK to Acquire EnLink Midstream in $4.3B DealBulls 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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Ownership Overview
0.49% Insiders
15.02% Mutual Funds
2.51% Other Institutional Investors
65.82% Public Companies and Individual Investors
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 $16.40 in the past 12 months.
What is EnLink Midstream LLC’s market cap?
EnLink Midstream LLC’s market cap is $6.99B.
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 28 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 Overvalued.
Does EnLink Midstream LLC pay dividends?
EnLink Midstream LLC pays a Quarterly dividend of $0.528 which represents an annual dividend yield of 3.46%. 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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EnLink Midstream Stock Smart Score
Unlock Smart Score
1
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3
4
5
6
7
8
9
10
Analyst Consensus
Hold
Average Price Target:
$15.25 (-0.52% Downside)
$15.25 (-0.52% Downside)
Blogger Sentiment
Bullish
ENLC Sentiment 70%
Sector Average 72%
Sector Average 72%
Hedge Fund Trend
Increased
By 1.5M Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $3.0B over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.7%
Last 30 Days ▼ 2.0%
Last 30 Days ▼ 2.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
32.99%
12-Months-Change
Fundamentals
Return on Equity
10.36%
Trailing 12-Months
Asset Growth
-6.62%
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
Q2 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call presented a generally positive outlook with strong adjusted EBITDA performance, strategic expansions, and proactive capital structure management. However, challenges remain in the CCS business development and certain regional segment profits.Read More>---
Technical Analysis
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