EnLink Midstream, LLC (ENLC)
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]
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 StatementsAnalyst 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.
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...

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...

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...

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...

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...

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...

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...

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...

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 ...

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...

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...

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...