Alan Marcum - EnLink Midstream Independent Director
Director
Mr. R. Alan Marcum is Independent Director of the company. He was elected to the position of Executive Vice President Administration of Devon Energy Corporation in 2008, and was with Devon since 1995. Prior to joining Devon, Mr. Marcum was employed by KPMG Peat Marwick as a Senior Auditor. He earned a bachelors degree from East Central University, majoring in accounting and finance. Mr. Marcum is a certified public accountant and a member of the Oklahoma Society of Certified Public Accountants. Mr. Marcum was selected to serve as a director due to his affiliation with Devon, his knowledge of the energy business, and his financial and business expertise. since 2018.
| Age | 50 |
| Tenure | 6 years |
| Phone | 214-953-9500 |
| Web | http://enlk.enlink.com/investor |
EnLink Midstream Management Efficiency
The company has return on total asset (ROA) of 3.1 % which means that it generated a profit of $3.1 on every $100 spent on assets. This is normal as compared to the sector avarege. Similarly, it shows a return on stockholder's equity (ROE) of 6.49 %, meaning that it created $6.49 on every $100 dollars invested by stockholders. EnLink Midstream's management efficiency ratios could be used to measure how well EnLink Midstream manages its routine affairs as well as how well it operates its assets and liabilities.The company currently holds 4.24 B in liabilities with Debt to Equity (D/E) ratio of 90.5, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. EnLink Midstream Partners has a current ratio of 0.83, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist EnLink Midstream until it has trouble settling it off, either with new capital or with free cash flow. So, EnLink Midstream's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like EnLink Midstream Partners sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for EnLink to invest in growth at high rates of return. When we think about EnLink Midstream's use of debt, we should always consider it together with cash and equity.
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Management Performance
EnLink Midstream Partners Leadership Team
Elected by the shareholders, the EnLink Midstream's board of directors comprises two types of representatives: EnLink Midstream inside directors who are chosen from within the company, and outside directors, selected externally and held independent of EnLink. The board's role is to monitor EnLink Midstream's management team and ensure that shareholders' interests are well served. EnLink Midstream's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, EnLink Midstream's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Scott Griffiths, Director of Crosstex Energy GP, LLC | ||
| Leldon Echols, Independent Director of Crosstex Energy GP, LLC | ||
| William Brilliant, Director | ||
| William Woodburn, Director | ||
| Lyndon Taylor, Director | ||
| John Richels, Director of Crosstex Energy GP, LLC | ||
| Kevin Lafferty, Director | ||
| Darryl Smette, Director of Crosstex Energy GP, LLC | ||
| Christopher Ortega, Director | ||
| Alan Marcum, Independent Director | ||
| Matthew Harris, Director | ||
| Tony Vaughn, Director | ||
| Jeffrey Ritenour, Director | ||
| Cynthia Jaggi, Senior Vice President - Engineering and Operations Services of Crosstex Energy GP, LLC | ||
| Mary Ricciardello, Director of Crosstex Energy GP, LLC | ||
| Thomas Mitchell, Director of Crosstex Energy GP, LLC | ||
| Barry Davis, CEO of Enlink Midstream GP LLC and President of Enlink Midstream GP LLC and Director of Enlink Midstream GP LLC | ||
| Eric Batchelder, CFO, Executive Vice President of EnLink Midstream GP, LLC | ||
| Michael LeBlanc, Senior Vice President - Liquids Business Unit Operations of Crosstex Energy GP, LLC | ||
| Steve Hoppe, Executive Vice President and Presidentident - Gas Gathering, Processing and Transmission of Crosstex Energy GP, LLC | ||
| Kyle Vann, Independent Director of Crosstex Energy GP, LLC | ||
| Jill McMillan, VP of Communications and Investor Relations for Crosstex Energy Gp Llc | ||
| David Hager, Director of Crosstex Energy GP, LLC | ||
| Alaina Brooks, Senior Vice President General Counsel, Secretary | ||
| McMillan Hummel, Executive VP of Enlink Midstream GP LLC and President of Natural Gas Liquids and Crude - Enlink Midstream GP LLC | ||
| Sue Alberti, Director | ||
| Michael Garberding, CFO of Enlink Midstream GP LLC and Executive VP of Enlink Midstream GP LLC | ||
| Kate Walsh, IR Contact Officer | ||
| James Golemon, Senior Vice President - Engineering and Operations of Crosstex Energy GP, LLC | ||
| Benjamin Lamb, Senior Vice President - Finance and Corporate Development of the General Partner |
EnLink Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is EnLink Midstream a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 6.49 | |||
| Return On Asset | 3.1 | |||
| Profit Margin | 3.20 % | |||
| Operating Margin | 14.10 % | |||
| Current Valuation | 10.75 B | |||
| Shares Outstanding | 353.1 M | |||
| Shares Owned By Insiders | 52.27 % | |||
| Shares Owned By Institutions | 48.26 % | |||
| Number Of Shares Shorted | 5.36 M | |||
| Price To Book | 1.75 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards EnLink Midstream in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, EnLink Midstream's short interest history, or implied volatility extrapolated from EnLink Midstream options trading.
Pair Trading with EnLink Midstream
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if EnLink Midstream position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in EnLink Midstream will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Hess could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Hess when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Hess - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Hess Corporation to buy it.
The correlation of Hess is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Hess moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Hess moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Hess can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Other Consideration for investing in EnLink Stock
If you are still planning to invest in EnLink Midstream Partners check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the EnLink Midstream's history and understand the potential risks before investing.
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