Alan Marcum - EnLink Midstream Independent Director

ENLC Stock  USD 13.43  0.02  0.15%   

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
Phone214 953 9500
Webhttps://www.enlink.com

EnLink Midstream Management Efficiency

The company has return on total asset (ROA) of 0.0525 % which means that it generated a profit of $0.0525 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1262 %, meaning that it created $0.1262 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 4.6 B in liabilities with Debt to Equity (D/E) ratio of 1.49, which is about average as compared to similar companies. EnLink Midstream LLC has a current ratio of 1.04, suggesting that it is not liquid enough and may have problems paying out its 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 LLC 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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EnLink Midstream, LLC provides midstream energy services in the United States. The company was incorporated in 2013 and is based in Dallas, Texas. EnLink Midstream operates under Oil Gas Midstream classification in the United States and is traded on New York Stock Exchange. It employs 1073 people. EnLink Midstream LLC (ENLC) is traded on New York Stock Exchange in USA. It is located in 1722 Routh Street, Dallas, TX, United States, 75201 and employs 1,072 people. EnLink Midstream is listed under Utilities category by Fama And French industry classification.

Management Performance

EnLink Midstream LLC 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.
Robbie Leffel, Senior Vice President - Crude Oil Commercial
Rhonda Price, Senior LLC
Leldon Echols, Independent Director
Richard Schifter, Director
Lyndon Taylor, Director
James Crain, Independent Director
Kevin Lafferty, Director
Darryl Smette, Director
Christopher Ortega, Director
Deborah Adams, Independent Director
Tiffany Cepak, Independent Director
Jeffrey Ritenour, Director
Mary Ricciardello, Director
Thomas Mitchell, Director
Pablo Mercado, Chief Financial Officer, Executive Vice President of the Manager and the General Partner
Kyle Vann, Independent Director
Benjamin Daniel, Director
James Lee, Independent Director
Jan Rossbach, VP Officer
Benjamin Lamb, Senior Vice President-Finance and Corporate Development
Adam Forman, General VP
Jesse Arenivas, CEO LLC
Justin Griffin, Senior Development
William Brilliant, Director
William Woodburn, Director
John Richels, Chairman of the Board
Dilanka Seimon, Executive Officer
Alan Marcum, Independent Director
Matthew Harris, Director
CFA Brungardt, Director Relations
Tony Vaughn, Director
Cynthia Jaggi, Senior Vice President - Engineering and Operations Services
Barry Davis, CEO of Enlink Midstream Manager LLC and President of Enlink Midstream Manager LLC and Director of Enlink Midstream Manager LLC
Eric Batchelder, CFO, Executive Vice President
Michael LeBlanc, Senior Vice President - Liquids Business Unit Operations
Steve Hoppe, Executive Vice President Head of Gathering, Processing and Transportation Business
Jill McMillan, Director of Communications and Investor Relations for Enlink Midstream Manager LLC
David Hager, Director
Thomas Horton, Director
Alaina Brooks, Sr. VP of Enlink Midstream Manager Llc, General Counsel of Enlink Midstream Manager Llc and Secretary of Enlink Midstream Manager Llc
McMillan Hummel, Executive VP of Enlink Midstream Manager LLC and President of Natural Gas Liquids and Crude of Enlink Midstream Manager LLC
Sue Alberti, Director
Michael Burdett, Senior Texas
Michael Garberding, CFO of Enlink Midstream Manager LLC, Chief Accounting Officer of Enlink Midstream Manager LLC and Executive VP of Enlink Midstream Manager LLC
Jill McMillanMelott, Vice Affairs
Christopher Tennant, Senior Louisiana
Walter Pinto, LLC Manager
Kate Walsh, Vice President Investor Relations & Tax
Scott Telesz, Director
Rolf Gafvert, Director

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.

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.

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The ability to find closely correlated positions to EnLink Midstream could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace EnLink Midstream 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 EnLink Midstream - 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 EnLink Midstream LLC to buy it.
The correlation of EnLink Midstream 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 EnLink Midstream moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if EnLink Midstream LLC 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 EnLink Midstream 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.
Pair CorrelationCorrelation Matching
When determining whether EnLink Midstream LLC offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of EnLink Midstream's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Enlink Midstream Llc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Enlink Midstream Llc Stock:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in EnLink Midstream LLC. 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 Portfolio Analyzer module to portfolio analysis module that provides access to portfolio diagnostics and optimization engine.

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When running EnLink Midstream's price analysis, check to measure EnLink Midstream's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy EnLink Midstream is operating at the current time. Most of EnLink Midstream's value examination focuses on studying past and present price action to predict the probability of EnLink Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move EnLink Midstream's price. Additionally, you may evaluate how the addition of EnLink Midstream to your portfolios can decrease your overall portfolio volatility.
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Is EnLink Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of EnLink Midstream. If investors know EnLink will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about EnLink Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of EnLink Midstream LLC is measured differently than its book value, which is the value of EnLink that is recorded on the company's balance sheet. Investors also form their own opinion of EnLink Midstream's value that differs from its market value or its book value, called intrinsic value, which is EnLink Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because EnLink Midstream's market value can be influenced by many factors that don't directly affect EnLink Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between EnLink Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if EnLink Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, EnLink Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.