EnLink Midstream, LLC (ENLC)
$
14.12
-0.03 (-0.21%)
Key metrics
Financial statements
Technology
Technology – consumer electronics
Largecap
With a market cap of 121,78 bil stock is ranked 1
Low risk
ISS score of this stock is ranked 1
Company description
Profile
EnLink Midstream, LLC provides midstream energy services across the United States, operating through various segments, including Permian, Louisiana, Oklahoma, North Texas, and Corporate. The company engages in multiple activities such as gathering, compressing, treating, processing, transporting, storing, and selling natural gas; as well as fractionating, transporting, storing, and selling natural gas liquids. Additionally, it stabilizes, trans-loads, and handles condensate crude oil, offering brine disposal services. EnLink's extensive midstream energy asset network encompasses approximately 12,100 miles of pipelines, 22 natural gas processing plants, and 7 fractionators that collectively manage around 320,000 barrels per day. Furthermore, it operates barge and rail terminals, product storage facilities, brine disposal wells, and a fleet dedicated to crude oil trucking. For the fiscal year 2023 the company reported an income before tax of $412,800,000.00 showcasing its pre-tax profitability. The gross profit stands at $1,366,200,000.00 highlighting the company’s profitability from core operations, while the net total of other income and expenses is -$280,000,000.00 reflecting non-core financial activities. The diluted EPS is $0.44 accounting for potential share dilution. The stock presents an affordable investment opportunity at $14.12 making it suitable for budget-conscious investors. With a high average trading volume of 5,046,744.00 the stock indicates strong liquidity in the market. EnLink has a mid-range market capitalization of $6,453,969,600.00 establishing itself as a steady performer within the energy sector. It is recognized as a key player in the Oil & Gas Midstream industry, contributing significantly to the overall market landscape. Furthermore, EnLink Midstream belongs to the Energy sector, where it drives innovation and growth, reinforcing its role in the evolving energy market and supporting sustainable practices while advancing operational efficiencies.
What is EnLink Midstream, LLC (ENLC)'s stock forecast?
Analysts predict EnLink Midstream, LLC stock to fluctuate between $11.70 (low) and $16.40 (high) in the next 365 days, reflecting market expectations and potential volatility.
What is EnLink Midstream, LLC's market capitalization?
As of 2025-01-30, EnLink Midstream, LLC's market cap is $6,453,969,600, based on 457,080,000 outstanding shares.
How does EnLink Midstream, LLC compare to competitors like Exxon Mobil Corporation?
Compared to Exxon Mobil Corporation, EnLink Midstream, LLC has a Lower Market-Cap, indicating a difference in performance.
Does EnLink Midstream, LLC pay dividends?
EnLink Midstream, LLC pays dividends. The current dividend yield is 3.60%, with a payout of $0.13 per share.
How can I buy EnLink Midstream, LLC (ENLC) stock?
To buy EnLink Midstream, LLC (ENLC) stock: Open a brokerage account (e.g., Robinhood, TD Ameritrade, E-Trade). Search for ENLC. Place an order (Market, Limit, etc.).
What is the best time to invest in EnLink Midstream, LLC?
The best time to invest depends on market trends and technical indicators, which show a Bearish trend based on economic conditions and company performance.
Has EnLink Midstream, LLC stock ever split?
EnLink Midstream, LLC's last stock split was 3:1 on 2006-12-18.
How did EnLink Midstream, LLC perform in the last earnings report?
Revenue: $6,879,400,000 | EPS: $0.45 | Growth: -57.14%.
Where can I find EnLink Midstream, LLC's investor relations reports?
Visit https://www.enlink.com/investor-relations for detailed financial reports.
Where can I find historical stock prices for EnLink Midstream, LLC?
You can explore historical data from here
What is the all-time high and low for EnLink Midstream, LLC stock?
All-time high: $35.57 (2015-05-04) | All-time low: $0.88 (2020-03-30).
What are the key trends affecting EnLink Midstream, LLC stock?
Key trends include market demand, economic conditions, interest rates, and industry competition, which influence the stock's performance.
News
accessnewswire.com
2 months ago
OVERLAND PARK, KS / ACCESS Newswire / January 30, 2025 / Tortoise Capital today announced that EnLink Midstream, LLC (NYSE:ENLC) will be removed from the Tortoise MLP Index ® (TMLP), the Tortoise North American Pipeline IndexSM (TNAP), and the Tortoise Decarbonization Infrastructure IndexSM (DCRBN) as a result of its announced acquisition by ONEOK Inc. As a result, ENLC will be removed from the indices at market open on Jan. 31, 2025. ENLC will be removed from the Tortoise MLP Index ® (TMLP) with a special rebalance.
prnewswire.com
2 months ago
Transaction Expected to Close on Jan. 31, 2025 TULSA, Okla. , Jan. 30, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that EnLink unitholders approved ONEOK's previously announced acquisition of the remaining publicly held common units of EnLink.
prnewswire.com
2 months ago
TULSA, Okla. , Jan. 22, 2025 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced that the two leading independent proxy advisory firms, Institutional Shareholder Services Inc. (ISS) and Glass Lewis & Co. (Glass Lewis), have recommended that EnLink unitholders vote in favor of ONEOK's pending acquisition of the remaining publicly held common units of EnLink at the upcoming Special Meeting of EnLink Unitholders (the "Special Meeting").
zacks.com
2 months ago
Buy oil-related stocks like BTY, CNX and ENLC for steady returns as the focus shifts to the incoming Trump administration's energy policies.
prnewswire.com
3 months ago
Special Meeting of EnLink Unitholders Set for Jan. 30, 2025 EnLink's Board of Directors Recommends Unitholders Vote "FOR" All Proposals at the Special Meeting ONEOK Will Vote its EnLink Units "FOR" All Proposals TULSA, Okla. , Dec. 31, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") and EnLink Midstream, LLC (NYSE: ENLC) ("EnLink") today announced the filing of EnLink's definitive proxy materials with the U.S. Securities and Exchange Commission (the "SEC") in connection with ONEOK's pending acquisition of the remaining publicly held common units of EnLink.
businesswire.com
3 months ago
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EnLink Midstream, LLC (NYSE: ENLC) to ONEOK, Inc. for 0.1412 shares of ONEOK common stock for each common unit of EnLink is fair to EnLink shareholders. Halper Sadeh encourages EnLink shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investiga.
seekingalpha.com
4 months ago
ONEOK's stock dropped 5% after announcing a $4.3 billion all-stock acquisition of the remaining 57% of EnLink Midstream, a move anticipated by the market. Despite recent gains, ONEOK still warrants a marginal 'buy' rating due to expected synergies and significant cash flows from recent acquisitions. ONEOK's valuation is mid-tier compared to peers, but its low net leverage ratio and focus on dividends and buybacks make it a quality prospect.
prnewswire.com
4 months ago
NEW YORK , Nov. 25, 2024 /PRNewswire/ -- Monteverde & Associates PC (the "M&A Class Action Firm"), has recovered millions of dollars for shareholders and is recognized as a Top 50 Firm by ISS Securities Class Action Services Report. We are headquartered at the Empire State Building in New York City and are investigating EnLink Midstream, LLC (NYSE: ENLC ), relating to the proposed merger with ONEOK.
businesswire.com
4 months ago
MILWAUKEE--(BUSINESS WIRE)--Ademi LLP is investigating EnLink (NYSE: ENLC) for possible breaches of fiduciary duty and other violations of law in its transaction with ONEOK. Click here to learn how to join our investigation and obtain additional information or contact us at [email protected] or toll-free: 866-264-3995. There is no cost or obligation to you. In the transaction, the unitholders of EnLink will receive only 0.1412 shares of ONEOK common stock for each outstanding common unit of E.
businesswire.com
4 months ago
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the sale of EnLink Midstream, LLC (NYSE: ENLC) to ONEOK, Inc. for 0.1412 shares of ONEOK common stock for each common unit of EnLink is fair to EnLink shareholders. Halper Sadeh encourages EnLink shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or [email protected] or [email protected]. The investiga.
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