Enlink Midstream Llc Stock Today

ENLC Stock  USD 15.75  0.08  0.51%   

Performance

14 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 28

 
High
 
Low
Below Average
EnLink Midstream is trading at 15.75 as of the 24th of November 2024, a 0.51 percent increase since the beginning of the trading day. The stock's open price was 15.67. 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. Note, on March 8, 2022, Representative Mark E Green of US Congress acquired $500,001 - $1,000,000 worth of EnLink Midstream LLC's common stock.
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 457.07 M outstanding shares of which 11.57 M shares are currently shorted by private and institutional investors with about 7.87 trading days to cover. More on EnLink Midstream LLC

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EnLink Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentJesse Arenivas
Thematic IdeaUtilities (View all Themes)
Business ConcentrationOil & 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
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover1.310.826
Way Up
Pretty Stable
Gross Profit Margin0.0960.1175
Significantly Down
Very volatile
Net Debt2.5 B4.6 B
Way Down
Slightly volatile
Total Current Liabilities640.4 M993.6 M
Way Down
Slightly volatile
Non Current Liabilities Total2.7 B4.7 B
Way Down
Slightly volatile
Total Assets5.5 B8.3 B
Way Down
Slightly volatile
Total Current Assets593.9 M838.3 M
Way Down
Slightly volatile
Debt Levels
EnLink Midstream can leverage 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.
Liquidity
EnLink Midstream LLC 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. Note, when we think about EnLink Midstream's use of debt, we should always consider it together with its cash and equity.

Free Cash Flow

815.85 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 1,072 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 7.2 B. EnLink Midstream LLC conducts business under Oil, Gas & Consumable Fuels sector and is part of Energy industry. The entity has 457.07 M outstanding shares of which 11.57 M shares are currently shorted by private and institutional investors with about 7.87 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 Allocation
EnLink Midstream holds a total of 457.07 Million outstanding shares. EnLink Midstream LLC retains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. On March 8, 2022, Representative Mark E Green of US Congress acquired $500,001 - $1,000,000 worth of EnLink Midstream LLC's common stock.
Check EnLink Ownership Details

EnLink Stock Institutional Holders

InstituionRecorded OnShares
Arrowstreet Capital Limited Partnership2024-06-30
4.4 M
Brookfield Corp2024-09-30
3.6 M
Swank Energy Income Advisors, Lp2024-09-30
3.3 M
Blackstone Inc2024-09-30
3.2 M
Blackrock Inc2024-06-30
3.2 M
Balyasny Asset Management Llc2024-09-30
3.2 M
Hennessy Advisors, Inc.2024-09-30
2.8 M
Eagle Global Advisors, Llc2024-09-30
2.8 M
Miller Howard Investments Inc2024-09-30
2.3 M
Alps Advisors Inc2024-09-30
46.9 M
Amvescap Plc.2024-06-30
24.2 M
View EnLink Midstream Diagnostics

EnLink Midstream Historical Income Statement

At present, EnLink Midstream's Interest Expense is projected to increase significantly based on the last few years of reporting. The current year's Operating Income is expected to grow to about 727.4 M, whereas Total Revenue is forecasted to decline to about 4.1 B. View More Fundamentals

EnLink Stock Against Markets

EnLink Midstream Corporate Directors

Leldon EcholsIndependent DirectorProfile
William BrilliantDirectorProfile
James CrainIndependent DirectorProfile
Matthew HarrisDirectorProfile
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 closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis.
You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
Is Oil & Gas Storage & Transportation space 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
(0.49)
Dividend Share
0.53
Earnings Share
0.22
Revenue Per Share
14.633
Quarterly Revenue Growth
(0.09)
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.