EnLink Midstream, LLC (ENLC)

NYSE: ENLC · IEX Real-Time Price · USD
13.59
+0.11 (0.82%)
Apr 19, 2024, 4:00 PM EDT - Market closed
0.82%
Market Cap 6.16B
Revenue (ttm) 6.90B
Net Income (ttm) 206.20M
Shares Out 453.18M
EPS (ttm) 0.44
PE Ratio 30.89
Forward PE 22.57
Dividend $0.53 (3.90%)
Ex-Dividend Date Apr 25, 2024
Volume 1,671,448
Open 13.34
Previous Close 13.48
Day's Range 13.22 - 13.73
52-Week Range 8.46 - 14.18
Beta 2.36
Analysts Buy
Price Target 14.67 (+7.95%)
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]

Sector Energy
Founded 2013
Employees 1,072
Stock Exchange NYSE
Ticker Symbol ENLC
Full Company Profile

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 Statements

Analyst Forecast

According to 10 analysts, the average rating for ENLC stock is "Buy." The 12-month stock price forecast is $14.67, which is an increase of 7.95% from the latest price.

Price Target
$14.67
(7.95% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

8 days ago - PRNewsWire

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...

9 days ago - Business Wire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

2 months ago - PRNewsWire

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...

3 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

6 months ago - PRNewsWire

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...

9 months 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...

9 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...

9 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...

9 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 ...

1 year 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...

1 year 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 ...

1 year 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...

1 year 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...

1 year 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...

1 year 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
1 year 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...

1 year 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% ...

1 year 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...

1 year 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...

1 year 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