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EnLink Midstream LLC (ENLC)

NYSE: ENLC · IEX Real-Time Price · USD
8.38 0.08 (0.96%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap4.09B
Revenue (ttm)4.65B
Net Income (ttm)-173.10M
Shares Out490.06M
EPS (ttm)-0.34
PE Ration/a
Forward PE36.50
Dividend$0.38 (4.47%)
Ex-Dividend DateOct 29, 2021
Volume1,887,173
Open8.36
Previous Close8.30
Day's Range8.22 - 8.41
52-Week Range2.34 - 8.64
Beta3.20
AnalystsHold
Price Target7.00 (-16.5%)
Est. Earnings DateNov 3, 2021

About ENLC

EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, North Texas, Oklahoma, Louisiana, 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 gathering, transporting, stabilizing, storing, trans-loading, and selling crude oil and condensate, as well as providing brine disposal services. Its midstream energy asset network include...

IndustryOil, Gas & Consumable Fuels
Founded2013
CEOBarry Davis
Employees1,069
Stock ExchangeNYSE
Ticker SymbolENLC
Full Company Profile

Financial Performance

In 2020, ENLC's revenue was $3.89 billion, a decrease of -35.67% compared to the previous year's $6.05 billion. Losses were -$421.50 million, -62.34% less than in 2019.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for ENLC stock is "Hold." The 12-month stock price forecast is 7.00, which is a decrease of -16.47% from the latest price.

Price Target
$7.00
(-16.47% downside)
Analyst Consensus: Hold

News

EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Third Quarter 2021 Earnings

DALLAS, Oct. 19, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2021 and further announced that it will host a webcast...

3 days ago - PRNewsWire

7 Oil Stocks to Buy if You Believe a $100 per Barrel Price Target

With Bank of America anticipating a sharp cold snap this winter, the potential rise in oil stocks offers a tempting opportunity for contrarian investors. The post 7 Oil Stocks to Buy if You Believe a $1...

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3 weeks ago - InvestorPlace

EnLink Midstream (ENLC) Soars 6%: Is Further Upside Left in the Stock?

EnLink Midstream (ENLC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might help the stock continue moving higher in the near term.

1 month ago - Zacks Investment Research

Midstream Buybacks Gain Traction on Free Cash Flow Recovery

The favorable macro environment has helped midstream energy operators like MPLX, PAA, and MMP to generate significant "excess cash", which they have been using to increase stockholder returns through bu...

Other symbols:MMPMPLXPAARTLRWMB
1 month ago - Zacks Investment Research

EnLink Midstream Donates Propane to Louisianans Impacted by Hurricane Ida

DALLAS, Sept. 14, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that it donated 50,000 gallons of propane to support residents of Southeast Louisiana experiencing exte...

1 month ago - PRNewsWire

EnLink Midstream to Present at Virtual Investor Conferences

DALLAS, Aug. 17, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that it will participate in virtual investor conferences. On Wednesday, August 18, and Thursday, August ...

2 months ago - PRNewsWire

EnLink Midstream (ENLC) Reports Q2 Loss, Tops Revenue Estimates

EnLink Midstream (ENLC) delivered earnings and revenue surprises of -500.00% and 10.86%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

EnLink Midstream Reports Second Quarter 2021, Expects 2021 Adjusted EBITDA in the Upper End of June Guidance

DALLAS, Aug. 3, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the second quarter of 2021. Highlights Reported net income of $9.4 million, net cash provi...

2 months ago - PRNewsWire

Earnings Preview: EnLink Midstream (ENLC) Q2 Earnings Expected to Decline

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.

2 months ago - Zacks Investment Research

EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss Second Quarter 2021 Earnings

DALLAS, July 19, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the second quarter of 2021 and further announced that it will host a webcas...

3 months ago - PRNewsWire

Things Are Looking Up for These High-Yield Dividend Stocks

Improving market conditions could be a boon for these big-time dividend stocks.

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3 months ago - The Motley Fool

Monday's Analyst Upgrades and Downgrades: Chipotle, CRISPR, Hess Midstream, iMedia, Kinder Morgan, Wendy's and More

Monday's futures were relatively flat, with the Nasdaq looking the best out of the group with about a 0.2% gain.

4 months ago - 24/7 Wall Street

EnLink Midstream (ENLC) Stock Jumps 13%: Will It Continue to Soar?

EnLink Midstream (ENLC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

4 months ago - Zacks Investment Research

Why EnLink Midstream's Shares Popped 14.1% on Thursday

A boost to guidance was what investors wanted to hear today.

4 months ago - The Motley Fool

EnLink Midstream Increases 2021 Guidance, Forms Carbon Solutions Group, Announces Participation in June Conferences

DALLAS, June 3, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced an increase to its financial guidance for full-year 2021 following continued commodity price strength and...

4 months ago - PRNewsWire

3 Penny Stocks For The Oil Breakout

Oil has broken the resistance at $66 per barrel. The sellers kept a top on the market since March.

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4 months ago - Benzinga

3 High-Yield Stocks at Rock-Bottom Prices

These companies offer high yields thanks in part to their bottom-of-the-barrel valuations.

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4 months ago - The Motley Fool

EnLink Midstream to Present at the 2021 Energy Infrastructure Council Investor Conference

DALLAS, May 18, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) announced today that it will host investor meetings at the Energy Infrastructure Council (EIC) Investor Conference on Wed...

5 months ago - PRNewsWire

EnLink Midstream (ENLC) Reports Q1 Loss, Tops Revenue Estimates

EnLink Midstream (ENLC) delivered earnings and revenue surprises of -50.00% and 27.36%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

5 months ago - Zacks Investment Research

EnLink Midstream Announces Path to Achieve Net Zero Emissions by 2050, Identifies Potential Emissions Milestones Alon...

DALLAS, May 4, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced its intention to reach net zero greenhouse gas emissions by 2050, positioning the company among industry l...

5 months ago - PRNewsWire

EnLink Midstream Reports First Quarter 2021 Results and Reaffirms 2021 Guidance

DALLAS, May 4, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) reported financial results for the first quarter of 2021 and reaffirmed 2021 financial guidance. Highlights Reported net i...

5 months ago - PRNewsWire

EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2021 Earnings

DALLAS, April 19, 2021 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the first quarter of 2021 and further announced that it will host a webcas...

6 months ago - PRNewsWire

7 Risky Stocks Ready to Roll on Reopening

If you have strong convictions about a return to normal, you may want to check out these risky stocks that could benefit the most. The post 7 Risky Stocks Ready to Roll on Reopening appeared first on In...

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6 months ago - InvestorPlace

Is EnLink (ENLC) a Worthy Stock for Value Investors Now?

Let's see if EnLink (ENLC) stock is a good choice for value-oriented investors right now from multiple angles.

7 months ago - Zacks Investment Research

7 Short-Term Stocks to Consider Amid the Volatility

With the market potentially on the edge of a significant correction, you may want to allocate some of your funds toward short-term stocks that can go against the grain. The post 7 Short-Term Stocks to C...

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7 months ago - InvestorPlace