EnLink Midstream, LLC (ENLC)
Market Cap | 6.07B |
Revenue (ttm) | 6.78B |
Net Income (ttm) | 162.50M |
Shares Out | 451.30M |
EPS (ttm) | 0.35 |
PE Ratio | 38.43 |
Forward PE | 19.94 |
Dividend | $0.53 (3.94%) |
Ex-Dividend Date | Apr 25, 2024 |
Volume | 801,807 |
Open | 13.31 |
Previous Close | 13.28 |
Day's Range | 13.29 - 13.49 |
52-Week Range | 9.11 - 14.18 |
Beta | 2.33 |
Analysts | Buy |
Price Target | 15.17 (+12.79%) |
Earnings Date | Apr 30, 2024 |
About ENLC
EnLink Midstream, LLC provides midstream energy services in the United States. The company operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. It is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. In addition, the company's midstream energ... [Read more]
Financial Performance
In 2023, ENLC's revenue was $6.90 billion, a decrease of -27.69% compared to the previous year's $9.54 billion. Earnings were $206.20 million, a decrease of -42.93%.
Financial StatementsAnalyst Forecast
According to 7 analysts, the average rating for ENLC stock is "Buy." The 12-month stock price forecast is $15.17, which is an increase of 12.79% from the latest price.
News
EnLink Midstream Reports First Quarter 2024 Results
DALLAS , April 30, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the first quarter of 2024. Highlights Reported net income of $50.0 million and ...
EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 Earnings
DALLAS , April 11, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the first quarter of 2024 and announced it will host a webcast and conf...
Engineering Tomorrow Receives Support From Growing Number of Corporate Partners
NEW YORK--(BUSINESS WIRE)--Engineering Tomorrow, a public charity dedicated to inspiring high school students to pursue a path in engineering, today announced corporate donations from EnLink Midstream...
EnLink Midstream Files 2023 Annual Report
DALLAS , Feb. 21, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2023, with the S...
EnLink Midstream Exploring Additional Carbon Transportation Opportunities with ExxonMobil to Reduce Emissions in the Gulf Coast
DALLAS , Feb. 20, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that ExxonMobil and EnLink are exploring opportunities for EnLink to support ExxonMobil's carbon capt...
EnLink Midstream Reports Fourth Quarter and Full-Year 2023 Results, Provides 2024 Financial Guidance
DALLAS , Feb. 20, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the fourth quarter and full-year 2023 and provided 2024 financial guidance. High...
EnLink Midstream Expands Common Unit Repurchase Authorization, Increases Quarterly Distribution, and Updates Financial Policy
The company also schedules webcast and call to discuss quarterly and year-end earnings and 2024 guidance DALLAS , Jan. 16, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced to...
BKV and EnLink Midstream Commence First Carbon Capture and Sequestration Project in the Barnett Shale
DENVER , Nov. 13, 2023 /PRNewswire/ -- BKV Corporation (BKV) and EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today the initial injection of carbon dioxide (CO2) waste generated from EnLink's...
EnLink Midstream Reports Third Quarter 2023 Results
DALLAS , Oct. 31, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the third quarter of 2023. Highlights Reported net income of $65.8 million and net cas...
EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Third Quarter 2023 Earnings
DALLAS , Oct. 17, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2023 and announced it will host a webcast and confe...
EnLink Midstream Names Chief Commercial Officer
DALLAS , Aug. 11, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that it has named Dilanka Seimon as Executive Vice President and Chief Commercial Officer (CCO). Seim...
EnLink Midstream Issues Fifth Annual Sustainability Report
Digital report includes progress on emissions intensity reduction and overview of carbon transportation business DALLAS , Aug. 1, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today...
EnLink Midstream Reports Second Quarter 2023 Results
DALLAS , Aug. 1, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the second quarter of 2023. Highlights Reported net income of $89.9 million and net cas...
EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2023 Earnings
DALLAS , July 18, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the second quarter of 2023 and announced it will host a webcast and conf...
EnLink Midstream Reports First Quarter 2023 Results
DALLAS , May 2, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the first quarter of 2023. Highlights Reported net income of $94.2 million and net cash ...
EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2023 Earnings
DALLAS , April 18, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the first quarter of 2023 and announced it will host a webcast and conf...
EnLink Midstream Announces Pricing of Offering of $300.0 Million of Additional Senior Notes Due 2030
DALLAS , March 30, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the pricing of its offering of $300.0 million aggregate principal amount of its 6.500% senior notes ...
EnLink Midstream Announces Proposed Offering of Additional Senior Notes Due 2030
DALLAS , March 30, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced its intention, subject to market conditions, to commence an offering of $300.0 million aggregate pri...
EnLink Midstream Announces Changes to Its Board of Directors
DALLAS , March 15, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) today announced that Matthew C. Harris, a Founding Partner of Global Infrastructure Partners (GIP), will be appointed as Chai...
EnLink Midstream Files 2022 Annual Report
DALLAS , Feb. 15, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the filing of its Annual Report on Form 10-K for the fiscal year ending December 31, 2022, with the S...
Antero Midstream Announces Fourth Quarter 2022 Results and 2023 Capital Budget and Guidance
DENVER , Feb. 15, 2023 /PRNewswire/ -- Antero Midstream Corporation (NYSE: AM) ("Antero Midstream" or the "Company") today announced its fourth quarter 2022 financial and operational results and 2023 ...
EnLink Midstream Reports Record Financial Results, Provides 2023 Financial Guidance
DALLAS , Feb. 14, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the fourth quarter and full-year 2022 and provided 2023 financial guidance. High...
EnLink Midstream Declares Increased Quarterly Distribution, Schedules Quarterly and Year-End Earnings and 2023 Guidance Call
DALLAS , Jan. 18, 2023 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the fourth quarter of 2022, reflecting an increase of approximately 11% ...
EnLink Midstream Announces Executive Leadership Changes
Benjamin D. Lamb Named Executive Vice President and Chief Financial Officer Walter Pinto Appointed to Executive Vice President and Chief Operating Officer DALLAS , Nov. 28, 2022 /PRNewswire/ -- EnLink...
EnLink Midstream Reports Record Third Quarter 2022 Results
DALLAS , Nov. 1, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported record financial results for the third quarter of 2022. Highlights Reported net income of $116.6 million, net...