ONEOK Announces Closing of Medallion Midstream Acquisition
| ENLCDelisted Stock | USD 14.12 0.11 0.77% |
About 62% of EnLink Midstream's investor base is looking to short. The analysis of current outlook of investing in EnLink Midstream LLC suggests that many traders are alarmed regarding EnLink Midstream's prospects. The current market sentiment, together with EnLink Midstream's historical and current headlines, can help investors time the market. In addition, many technical investors use EnLink Midstream LLC stock news signals to limit their universe of possible portfolio assets.
EnLink |
PRNewswire -- ONEOK, Inc. today announced the successful completion of its acquisition of Medallion Midstream from Global...
Read at prnewswire.com
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EnLink Midstream Fundamental Analysis
We analyze EnLink Midstream's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of EnLink Midstream using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of EnLink Midstream based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Book Value Per Share
Book Value Per Share Comparative Analysis
EnLink Midstream is currently under evaluation in book value per share category among its peers. Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
EnLink Midstream LLC Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with EnLink Midstream stock to make a market-neutral strategy. Peer analysis of EnLink Midstream could also be used in its relative valuation, which is a method of valuing EnLink Midstream by comparing valuation metrics with similar companies.
Peers
EnLink Midstream Related Equities
| MPLX | MPLX LP | 0.89 | ||||
| AM | Antero Midstream | 0.58 | ||||
| WES | Western Midstream | 0.23 | ||||
| HESM | Hess Midstream | 0.05 | ||||
| PAGP | Plains GP | 0.16 | ||||
| PAA | Plains All | 0.17 |
Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.
Other Consideration for investing in EnLink Stock
If you are still planning to invest in EnLink Midstream LLC 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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