EnLink Midstream LLC (ENLC)

NYSE: ENLC · IEX Real-Time Price · USD
9.80
+0.16 (1.71%)
Aug 16, 2022 11:42 AM EDT - Market open
1.71%
Market Cap 4.69B
Revenue (ttm) 8.86B
Net Income (ttm) 177.20M
Shares Out 478.93M
EPS (ttm) 0.37
PE Ratio 26.47
Forward PE 19.96
Dividend $0.43 (4.39%)
Ex-Dividend Date Jul 28, 2022
Volume 475,189
Open 9.73
Previous Close 9.63
Day's Range 9.69 - 9.90
52-Week Range 4.79 - 11.85
Beta 2.64
Analysts Buy
Price Target 11.95 (+22.0%)
Earnings Date Aug 3, 2022

About ENLC

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services. Its midstream energy asset network includes approximately 12,100 miles of pipelines; 2... [Read more...]

Industry Oil, Gas & Consumable Fuels
Founded 2013
CEO Barry Davis
Employees 1,073
Stock Exchange NYSE
Ticker Symbol ENLC
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 14 analysts, the average rating for ENLC stock is "Buy." The 12-month stock price forecast is 11.95, which is an increase of 22.00% from the latest price.

Price Target
$11.95
(22.00% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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 Tender...

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 princi...

Has EnLink Midstream (ENLC) Outpaced Other Oils-Energy Stocks This Year?

Here is how EnLink Midstream (ENLC) and Central Puerto S.A. Sponsored ADR (CEPU) have performed compared to their sector so far this year.

Is the Options Market Predicting a Spike in EnLink Midstream (ENLC) Stock?

Investors need to pay close attention to EnLink Midstream (ENLC) stock based on the movements in the options market lately.

EnLink Midstream (ENLC) Q2 Earnings and Revenues Top Estimates

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 183.33% and 53.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

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 in...

Can EnLink Midstream (ENLC) Run Higher on Rising Earnings Estimates?

EnLink Midstream (ENLC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

EnLink Midstream (ENLC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

EnLink Midstream (ENLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

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 confer...

EnLink Midstream (ENLC) Loses 16.1% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

The heavy selling pressure might have exhausted for EnLink Midstream (ENLC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street anal...

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. Davis ...

Why Fast-paced Mover EnLink Midstream (ENLC) Is a Great Choice for Value Investors

EnLink Midstream (ENLC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still...

This High-Yield Dividend Stock Is Tapping Into a More Than $3 Trillion Opportunity

The company's recent moves could pay big dividends in the future.

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 infrastru...

Other symbols: HON

BKV CORPORATION AND ENLINK MIDSTREAM PARTNER ON CARBON SEQUESTRATION PROJECT IN THE BARNETT SHALE

-BKV and EnLink to develop carbon sequestration project in the Barnett -Sequestration planned to begin in 2023; expected to be one of the first permanent commercial sequestration projects to come online...

EnLink Midstream (ENLC) is a Great Momentum Stock: Should You Buy?

Does EnLink Midstream (ENLC) have what it takes to be a top stock pick for momentum investors? Let's find out.

Are Oils-Energy Stocks Lagging EnLink Midstream (ENLC) This Year?

Here is how EnLink Midstream (ENLC) and Falcon Minerals (FLMN) have performed compared to their sector so far this year.

EnLink Midstream Agrees to Acquire North Texas Gathering and Processing System

Significant operational synergies and redeployment of assets anticipated to result in leverage neutral transaction with attractive economics DALLAS , May 25, 2022 /PRNewswire/ -- EnLink Midstream, LLC (...

Other symbols: CEQP

Looking for a Fast-paced Momentum Stock at a Bargain? Consider EnLink Midstream (ENLC)

EnLink Midstream (ENLC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still...

Will EnLink Midstream (ENLC) Gain on Rising Earnings Estimates?

EnLink Midstream (ENLC) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

These High-Yield Stocks Are Teaming Up to Add More Fuel to Grow Their Dividends

A new project will pipe more income into their coffers in the future.

Other symbols: DVNMPLX

Despite Fast-paced Momentum, EnLink Midstream (ENLC) Is Still a Bargain Stock

EnLink Midstream (ENLC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks ...

EnLink Midstream (ENLC) Is Attractively Priced Despite Fast-paced Momentum

EnLink Midstream (ENLC) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still...

EnLink Midstream (ENLC) Surpasses Q1 Earnings and Revenue Estimates

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 40% and 29.53%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream Issues Fourth Annual Sustainability Report

Digital report includes environmental, social, and governance progress, including on emissions reduction targets DALLAS , May 3, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today is...