EnLink Stock Today

Stocks . USA . 
Stock . EnLink Midstream LLC
ENLC Stock  USD 10.06  0.34  3.27%   

Market Performance

0 of 100

Odds Of Distress

Less than 46

EnLink Midstream is trading at 10.06 as of the 24th of March 2023, a -3.27 percent down since the beginning of the trading day. The stock's open price was 10.4. EnLink Midstream has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over 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 22nd of February 2023 and ending today, the 24th of March 2023. Click here to learn more.
CUSIP
22765Y104
Fiscal Year End
December
Business Domain
Energy
IPO Date
13th of January 2004
Category
Energy
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 470.64 M outstanding shares of which 12.39 M shares are currently shorted by private and institutional investors with about 4.68 trading days to cover. More on EnLink Midstream LLC

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EnLink Midstream 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.
Older SymbolXTXI
CEOBarry Davis
Thematic IdeaUtilities (view all)
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Fama & French Classification
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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.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of EnLink Midstream LLC based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of EnLink Midstream LLC financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
StrongDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares Diluted56.4 M54.8 M
Fairly Up
Up
Slightly volatile
Weighted Average Shares402.1 M473.6 M
Fairly Down
Up
Slightly volatile
Return on Average Assets0.04530.042
Significantly Up
Down
Pretty Stable
Net Cash Flow from Operations945.5 M1 B
Moderately Down
Up
Slightly volatile
Current Liabilities870.6 M875.4 M
Slightly Down
Up
Slightly volatile
Total Liabilities5.5 B5.7 B
Sufficiently Down
Up
Slightly volatile
Gross Margin0.220.206
Notably Up
Down
Very volatile
Total Debt4.6 B4.7 B
Fairly Down
Up
Slightly volatile
Asset Turnover0.961.097
Fairly Down
Up
Very volatile
Current Assets901.4 M982.8 M
Significantly Down
Up
Slightly volatile
Total Assets9.3 B8.7 B
Significantly Up
Up
Slightly volatile
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of EnLink Midstream's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong HoldUndervalued
Financial Strength
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.
By using current balance sheet information, investors can analyze the liability, assets, and equity on EnLink Midstream's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how EnLink Midstream deploys its capital and how much of that capital is borrowed.
Liquidity
EnLink Midstream cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 4.72 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.

Operating Cash Flow

945.47 Million
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 1,132 people. EnLink Midstream LLC was previously known as ENLINK MIDSTREAM LLC and was traded on New York Stock Exchange under the symbol XTXI. 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 4.99 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 470.64 M outstanding shares of which 12.39 M shares are currently shorted by private and institutional investors with about 4.68 trading days to cover. EnLink Midstream LLC currently holds about 18.1 M in cash with 1.05 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.04.
Check EnLink Midstream Probability Of Bankruptcy
Ownership
EnLink Midstream LLC retains a total of 470.64 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 about to change at the company. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation

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 99.0%. 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 the stock has a beta coefficient of 1.3462 suggesting as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, EnLink Midstream will likely underperform. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. EnLink Midstream LLC is significantly underperforming NYSE Composite.
  Odds Below 10.06HorizonTargetOdds Above 10.06
1.25%90 days
 10.06 
98.74%
Based on a normal probability distribution, the odds of EnLink Midstream to move above the current price in 90 days from now is about 99.0 (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 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.
EnLink Midstream Earning Before Interest and Taxes EBIT is projected to increase significantly based on the last few years of reporting. The past year's Earning Before Interest and Taxes EBIT was at 511.4 Million. The current year Net Income is expected to grow to about 389.8 M, whereas Cost of Revenue is forecasted to decline to about 6.2 B. View More Fundamentals
Consolidated Income  Earning Before Interest and Taxes EBIT  Net Income  

EnLink 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.
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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.

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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.

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, 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. 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 Shape 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.
Check out Investing Opportunities. For information on how to trade EnLink Stock refer to our How to Trade EnLink Stock guide. You can also try My Watchlist Analysis module to analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like.

Complementary Tools for analysis

When running EnLink Midstream LLC 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 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
1.956
Dividend Share
0.463
Earnings Share
0.74
Revenue Per Share
19.912
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.
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Z Score
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M Score
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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 EnLink Midstream value 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.
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