Enlink Midstream Llc Stock Today
| ENLC Stock | USD 13.43 0.02 0.15% |
Performance14 of 100
| Odds Of DistressLess than 28
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EnLink Midstream is trading at 13.43 as of the 17th of April 2024, a -0.15 percent decrease since the beginning of the trading day. The stock's open price was 13.45. EnLink Midstream has about a 28 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat good performance during the last 90 days. Equity ratings for EnLink Midstream LLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of April 2022 and ending today, the 17th of April 2024. Click here to learn more.
Business Domain Energy | IPO Date 13th of January 2004 |
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. The company has 453.18 M outstanding shares of which 11.6 M shares are currently shorted by private and institutional investors with about 5.96 trading days to cover. More on EnLink Midstream LLC
Moving together with EnLink Stock
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| 0.9 | VNOM | Viper Energy Ut Financial Report 6th of May 2024 | PairCorr |
Moving against EnLink Stock
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| 0.56 | CQP | Cheniere Energy Partners Financial Report 7th of May 2024 | PairCorr |
| 0.5 | FLNG | FLEX LNG Financial Report 21st of May 2024 | PairCorr |
Follow Valuation Options Odds of Bankruptcy
Financial Report 7th of May 2024
EnLink Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. EnLink Midstream's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding EnLink Midstream or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| CEO | Barry Davis | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Idea | Utilities (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Oil & Gas Storage & Transportation, Oil & Gas Midstream, Energy, NYSE Composite, Utilities, Energy, Oil, Gas & Consumable Fuels, Oil & Gas Midstream, Energy (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation Analysts covering EnLink Midstream report their recommendations after researching EnLink Midstream's financial statements, talking to executives and customers, or listening in on EnLink Midstream's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering EnLink Midstream LLC. The EnLink consensus assessment is calculated by taking the average forecast from all of the analysts covering EnLink Midstream. | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financial Strength Based on the analysis of EnLink Midstream's profitability, liquidity, and operating efficiency, EnLink Midstream LLC is performing exceptionally good at this time. It has a great risk to report excellent financial results in May. Financial strength of EnLink Midstream LLC is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
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EnLink Midstream's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to EnLink Midstream's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit. EnLink Midstream's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of EnLink Midstream's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest. Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand EnLink Midstream's financial leverage. It provides some insight into what part of EnLink Midstream's total assets is financed by creditors.
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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 Oil & Gas Storage & Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 6.09 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate EnLink Midstream's market, we take the total number of its shares issued and multiply it by EnLink Midstream's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. EnLink Midstream LLC conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 453.18 M outstanding shares of which 11.6 M shares are currently shorted by private and institutional investors with about 5.96 trading days to cover.
EnLink Midstream LLC currently holds about 18.1 M in cash with 1.22 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check EnLink Midstream Probability Of Bankruptcy
Ownership AllocationEnLink Midstream holds a total of 453.18 Million outstanding shares. The majority of EnLink Midstream LLC outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to obtain positions in EnLink Midstream LLC to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in EnLink Midstream. Please pay attention to any change in the institutional holdings of EnLink Midstream LLC as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check EnLink Ownership Details
EnLink Stock Price Odds Analysis
What are EnLink Midstream's target price odds to finish over the current price? Based on a normal probability distribution, the odds of EnLink Midstream jumping above the current price in 90 days from now is about 12.36%. The EnLink Midstream LLC probability density function shows the probability of EnLink Midstream stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days EnLink Midstream has a beta of 0.7473 suggesting as returns on the market go up, EnLink Midstream average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding EnLink Midstream LLC will be expected to be much smaller as well. Additionally, enLink Midstream LLC has an alpha of 0.1037, implying that it can generate a 0.1 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of EnLink Midstream to move above the current price in 90 days from now is about 12.36 (This EnLink Midstream LLC probability density function shows the probability of EnLink Stock to fall within a particular range of prices over 90 days) .
EnLink Stock Institutional Holders
Institutional Holdings refers to the ownership stake in EnLink Midstream that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of EnLink Midstream's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing EnLink Midstream's value.| Instituion | Recorded On | Shares | |
| Blackrock Inc | 2023-12-31 | 2.9 M | |
| Jennison Associates Llc | 2023-12-31 | 2.7 M | |
| Infrastructure Capital Advisors, Llc | 2023-12-31 | 2.5 M | |
| Aventail Capital Group, Lp | 2023-12-31 | 2.5 M | |
| Fractal Investments Llc | 2023-12-31 | 2.2 M | |
| Allianz Asset Management Ag | 2023-12-31 | 2.1 M | |
| Miller Howard Investments Inc | 2023-12-31 | 2.1 M | |
| Hennessy Advisors, Inc. | 2023-12-31 | 1.9 M | |
| Kayne Anderson Capital Advisors Lp | 2023-12-31 | 1.9 M | |
| Alps Advisors Inc | 2023-12-31 | 41.5 M | |
| Goldman Sachs Group Inc | 2023-12-31 | 31.9 M |
EnLink Midstream Historical Income Statement
EnLink Midstream LLC Income Statement is one of the three primary financial statements used for reporting EnLink's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of EnLink Midstream LLC revenue and expense. EnLink Midstream Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At present, EnLink Midstream's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Gross Profit is expected to grow to about 1.4 B, whereas Total Revenue is forecasted to decline to about 4.1 B. View More FundamentalsEnLink Stock Against Markets
Picking the right benchmark for EnLink Midstream stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in EnLink Midstream stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for EnLink Midstream is critical whether you are bullish or bearish towards EnLink Midstream LLC at a given time. Please also check how EnLink Midstream's historical prices are related to one of the top price index indicators.
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Our tools can tell you how much better you can do entering a position in EnLink Midstream without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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EnLink Midstream Corporate Directors
EnLink Midstream corporate directors refer to members of an EnLink Midstream board of directors. The board of directors generally takes responsibility for the EnLink Midstream's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of EnLink Midstream's board members must vote for the resolution. The EnLink Midstream board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| Leldon Echols | Independent Director | Profile | |
| Lyndon Taylor | Director | Profile | |
| James Crain | Independent Director | Profile | |
| Kevin Lafferty | Director | Profile |
How to buy EnLink Stock?
Before investing in EnLink Midstream, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in EnLink Midstream. To buy EnLink Midstream stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of EnLink Midstream. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase EnLink Midstream stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located EnLink Midstream LLC stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased EnLink Midstream LLC stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as EnLink Midstream LLC, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy EnLink Stock please use our How to Invest in EnLink Midstream guide.
Already Invested in EnLink Midstream LLC?
The danger of trading EnLink Midstream LLC is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of EnLink Midstream is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than EnLink Midstream. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile EnLink Midstream LLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
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 Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for EnLink Stock analysis
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.
Quarterly Earnings Growth (0.58) | Dividend Share 0.508 | Earnings Share 0.44 | Revenue Per Share 14.9 | Quarterly Revenue Growth (0.1) |
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.