|Bid||0.00 x 4000|
|Ask||0.00 x 800|
|Day's Range||12.72 - 13.31|
|52 Week Range||12.72 - 19.45|
|Beta (3Y Monthly)||2.98|
|PE Ratio (TTM)||39.26|
|Earnings Date||Feb 12, 2018 - Feb 16, 2018|
|Forward Dividend & Yield||1.56 (11.29%)|
|1y Target Est||17.79|
Q3 2018 EnLink Midstream Partners LP and EnLink Midstream LLC Earnings Call
DALLAS , Nov. 8, 2018 /PRNewswire/ -- The EnLink Midstream companies (EnLink), EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership or ENLK) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner ...
EnLink Midstream (ENLC) delivered earnings and revenue surprises of -66.67% and 4.59%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
On a per-share basis, the Dallas-based company said it had profit of 4 cents. The results missed Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was ...
Corp. posted higher revenue and profits in the latest period, becoming the latest domestic energy company to get an operational lift from stronger levels of production in the U.S. Devon on Tuesday reported a profit of $2.53 billion, or $5.14 a share, up from $193 million, or 37 cents a share, a year earlier. Excluding special items, Devon earned 65 cents a share.
DALLAS , Nov. 6, 2018 /PRNewswire/ -- The EnLink Midstream companies (EnLink), EnLink Midstream Partners, LP (NYSE: ENLK) (the Partnership or ENLK) and EnLink Midstream, LLC (NYSE: ENLC) (the General Partner ...
In the MLP space, Hi-Crush Partners (HCLP) fell a massive 18.5% last week. A significant fall in crude oil prices and analyst downgrades likely affected the stock. Hi-Crush Partners has fallen ~37% year-to-date. Concerns about frac sand demand growth falling short of the expected supply have severely affected the stock’s recent performance. U.S. Silica Holdings (SLCA) has fallen 58% year-to-date.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
On October 24, Baird cut its price target for EnLink Midstream (ENLC) to $16.00. Of the 14 Reuters-surveyed analysts covering EnLink Midstream, three rated the stock as a “buy,” ten rated it as a “hold,” and one analyst rated it as a “sell.” The mean price target for EnLink Midstream is $17.90, which implies a 32.0% upside potential from its current price of $13.54.
Last week, EnLink Midstream (ENLC) announced an agreement to acquire EnLink Midstream Partners (ENLK). The transaction, which is expected to close in the first quarter of 2019, would eliminate ENLC’s IDRs in ENLK.
EnLink Midstream (ENLC) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK, Oct. 26, 2018 -- In new independent research reports released early this morning, Market Source Research released its latest key findings for all current investors,.
Moody's Investors Service said that EnLink's proposed simplification transaction does not impact the existing ratings or stable outlook of EnLink Midstream Partners, LP (Ba1 stable) or GIP III Stetson I, L.P. (Ba3 stable). EnLink Midstream Partners, LP is a publicly traded master limited partnership engaged in midstream energy services, including the gathering, processing, fractionation, transportation and marketing of natural gas, natural gas liquids and crude oil in several US regions, including in the STACK, Cana and Arkoma Woodford Shales, Barnett Shale, Permian Basin and Louisiana. GIP III Stetson I, L.P. (GIP III Stetson I) along with GIP III Stetson II, L.P. (GIP III Stetson II, and collectively with GIP III Stetson I, GIP III Stetson) owns controlling interests in the EnLink companies, with GIP III Stetson I currently owning 100% interest in EnLink Midstream Manager, LLC and 23% limited partner equity interest in EnLink Midstream Partners, LP, and GIP III Stetson II currently owning 64% equity interest in EnLink Midstream, LLC. After simplification, GIP III Stetson will own roughly 41% of pro forma EnLink Midstream, LLC.
EnLink Midstream LLC (NYSE: ENLC ) announced Monday ahead of the market open an agreement for buying all outstanding common units of EnLink Midstream Partners LP (NYSE: ENLK ) in a bid to simplify its ...
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does EnLink Midstream (ENLC) have what it takes? Let's find out.
The median price target for ONEOK is $75, implying a potential upside of 11% from its current price of $67.8. On October 17, Jefferies cut its rating for Hi-Crush Partners (HCLP) to an “underperform.” The stock now has five “buy” recommendations, ten “hold” recommendations, and one “strong sell” recommendation.
The Dallas oil pipeline builder is the latest company to simplify its corporate structure through a merger announced Monday that will create a new $13 billion company. The deal is part of a growing trend of companies, particularly in the oil and gas business, that are shedding their “master limited partnerships.”
DALLAS, Oct. 22, 2018 /PRNewswire/ -- The EnLink Midstream companies, EnLink Midstream, LLC (ENLC) (the General Partner) and EnLink Midstream Partners, LP (ENLK) (the Master Limited Partnership), today announced that they entered into a merger agreement whereby ENLC will acquire all outstanding common units of ENLK not already owned by ENLC in a unit-for-unit exchange transaction to simplify its corporate structure. The transaction is expected to close in the first quarter of 2019, and upon closing, EnLink will continue to operate as ENLC, a leading midstream energy provider with diversified service offerings across key supply basins and demand regions in the United States.
ENLC continues declared distribution growth DALLAS , Oct. 18, 2018 /PRNewswire/ -- The EnLink Midstream companies, EnLink Midstream, LLC (NYSE: ENLC) (the General Partner) and EnLink Midstream Partners, ...