EnLink Midstream, LLC (ENLC)

NYSE: ENLC · IEX Real-Time Price · USD
12.49
+0.17 (1.38%)
At close: Sep 27, 2023, 4:00 PM
12.47
-0.02 (-0.16%)
After-hours: Sep 27, 2023, 7:27 PM EDT
1.38%
Market Cap 5.76B
Revenue (ttm) 8.01B
Net Income (ttm) 353.30M
Shares Out 461.50M
EPS (ttm) 0.74
PE Ratio 16.88
Forward PE 19.74
Dividend $0.50 (4.00%)
Ex-Dividend Date Jul 27, 2023
Volume 1,040,454
Open 12.45
Previous Close 12.32
Day's Range 12.36 - 12.63
52-Week Range 8.42 - 13.58
Beta 2.45
Analysts Buy
Price Target 13.88 (+11.13%)
Earnings Date Oct 31, 2023

About ENLC

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through five segments: Permian, Louisiana, Oklahoma, North Texas, and Corporate. The company 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. Its midstream energy asset network i... [Read more]

Sector Energy
Founded 2013
Employees 1,132
Stock Exchange NYSE
Ticker Symbol ENLC
Full Company Profile

Financial Performance

In 2022, ENLC's revenue was $9.54 billion, an increase of 42.72% compared to the previous year's $6.69 billion. Earnings were $361.30 million, an increase of 1512.95%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for ENLC stock is "Buy." The 12-month stock price forecast is $13.88, which is an increase of 11.13% from the latest price.

Price Target
$13.88
(11.13% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 weeks ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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 ...

5 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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 ...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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 ...

Other symbols: AM
8 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

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% ...

9 months ago - PRNewsWire

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...

10 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

EnLink Midstream Declares Quarterly Distribution and Schedules Call and Webcast to Discuss Third Quarter 2022 Earnings

DALLAS , Oct. 18, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2022 and announced it will host a webcast and confe...

1 year ago - PRNewsWire

EnLink Midstream Signs Transportation Service Agreement with ExxonMobil

DALLAS , Oct. 12, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that it has entered into a transportation service agreement (TSA) with a subsidiary of ExxonMobil Cor...

Other symbols: XOM
1 year ago - PRNewsWire

EnLink Midstream Announces Early Tender Results and Increase of its Previously Announced Cash Tender Offers

DALLAS , Aug. 29, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the early tender results of the previously announced cash tender offers by EnLink's subsidiary, EnLin...

1 year ago - PRNewsWire

EnLink Midstream Announces Pricing of Upsized Offering of $700 Million of Senior Notes Due 2030

DALLAS , Aug. 16, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced the pricing of its upsized offering of $700.0 million aggregate principal amount of 6.500% senior not...

1 year ago - PRNewsWire

EnLink Midstream Announces Cash Tender Offers for ENLK's Senior Notes due 2024, 2025, and 2026

DALLAS , Aug. 16, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that its subsidiary, EnLink Midstream Partners, LP (ENLK), has commenced cash tender offers (the Tend...

1 year ago - PRNewsWire

EnLink Midstream Announces Proposed Offering of Senior Notes

DALLAS , Aug. 16, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced its intention, subject to market conditions, to commence an offering of $500.0 million aggregate prin...

1 year ago - PRNewsWire

EnLink Midstream Reports Second Quarter 2022 Results and Increases 2022 Guidance

DALLAS , Aug. 3, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the second quarter of 2022 and raised full-year 2022 guidance. Highlights Reported net ...

1 year ago - PRNewsWire

EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2022 Earnings

DALLAS , July 18, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the second quarter of 2022 and announced it will host a webcast and conf...

1 year ago - PRNewsWire

EnLink Midstream Announces Retirement of Chairman and CEO Barry Davis, Names Jesse Arenivas as New CEO

Leldon Echols to become Chairman of the EnLink Board of Directors DALLAS , June 14, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that Chairman and CEO Barry E. Davi...

1 year ago - PRNewsWire

HONEYWELL AND ENLINK MIDSTREAM WILL COLLABORATE TO DELIVER CARBON CAPTURE SOLUTION

Carbon capture solution targets industrial-scale carbon dioxide (CO2) emitters along the Louisiana Gulf Coast Proven Honeywell carbon capture technology complements EnLink's extensive pipeline infrast...

Other symbols: HON
1 year ago - PRNewsWire