ENLC Stock Overview
EnLink Midstream, LLC provides midstream energy services in the United States.
EnLink Midstream Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||US$10.81|
|52 Week High||US$11.85|
|52 Week Low||US$4.79|
|1 Month Change||15.49%|
|3 Month Change||6.19%|
|1 Year Change||121.52%|
|3 Year Change||37.36%|
|5 Year Change||-35.85%|
|Change since IPO||-70.46%|
Recent News & Updates
EnLink Midstream prices upsized $700M senior notes due 2030 offering
EnLink Midstream, LLC (NYSE:ENLC) has priced its upsized offering of $700M (from $650M) of 6.500% senior notes due September 2030 at 100% of their face value. Offering is expected to close on August 31, 2022. Net proceeds together with existing corporate liquidity will be used to fund the repurchase of up to $500M of $502.3M of outstanding 4.40% senior notes due 2024, $717.2M outstanding 4.15% senior notes due 2025 and $491M outstanding 4.85% senior notes due 2026 and for general corporate purposes.
|ENLC||US Oil and Gas||US Market|
Return vs Industry: ENLC exceeded the US Oil and Gas industry which returned 64.7% over the past year.
Return vs Market: ENLC exceeded the US Market which returned -9% over the past year.
|ENLC Average Weekly Movement||7.3%|
|Oil and Gas Industry Average Movement||8.9%|
|Market Average Movement||7.6%|
|10% most volatile stocks in US Market||17.1%|
|10% least volatile stocks in US Market||3.1%|
Stable Share Price: ENLC is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ENLC's weekly volatility (7%) has been stable over the past year.
About the Company
EnLink Midstream, LLC provides midstream energy services in the United States. It operates through Permian, Louisiana, Oklahoma, North Texas, and Corporate segments. The company is involved in gathering, compressing, treating, processing, transporting, storing, and selling natural gas; fractionating, transporting, storing, and selling natural gas liquids; and stabilizing, trans-loading , and condensate crude oil , as well as providing brine disposal services.
EnLink Midstream Fundamentals Summary
|ENLC fundamental statistics|
Is ENLC overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|ENLC income statement (TTM)|
|Cost of Revenue||US$7.10b|
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
|Earnings per share (EPS)||0.37|
|Net Profit Margin||1.98%|
How did ENLC perform over the long term?See historical performance and comparison
4.2%Current Dividend Yield
Is ENLC undervalued compared to its fair value, analyst forecasts and its price relative to the market?
Valuation Score 2/6
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Below Fair Value
Significantly Below Fair Value
Key Valuation Metric
Which metric is best to use when looking at relative valuation for ENLC?
Other financial metrics that can be useful for relative valuation.
|What is ENLC's n/a Ratio?|
Price to Earnings Ratio vs Peers
How does ENLC's PE Ratio compare to its peers?
|ENLC PE Ratio vs Peers|
|Company||PE||Estimated Growth||Market Cap|
DTM DT Midstream
SHLX Shell Midstream Partners
AM Antero Midstream
HESM Hess Midstream
ENLC EnLink Midstream
Price-To-Earnings vs Peers: ENLC is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the peer average (16.7x).
Price to Earnings Ratio vs Industry
How does ENLC's PE Ratio compare vs other companies in the US Oil and Gas Industry?
Price-To-Earnings vs Industry: ENLC is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the US Oil and Gas industry average (9.8x)
Price to Earnings Ratio vs Fair Ratio
What is ENLC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.
|Current PE Ratio||29.3x|
|Fair PE Ratio||17.4x|
Price-To-Earnings vs Fair Ratio: ENLC is expensive based on its Price-To-Earnings Ratio (29.3x) compared to the estimated Fair Price-To-Earnings Ratio (17.4x).
Share Price vs Fair Value
What is the Fair Price of ENLC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.
Below Fair Value: ENLC ($10.81) is trading below our estimate of fair value ($16.06)
Significantly Below Fair Value: ENLC is trading below fair value by more than 20%.
Analyst Price Targets
What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?
Analyst Forecast: Target price is less than 20% higher than the current share price.
Discover undervalued companies
How is EnLink Midstream forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
Future Growth Score2/6
Future Growth Score 2/6
Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ENLC's forecast earnings growth (8.9% per year) is above the savings rate (1.9%).
Earnings vs Market: ENLC's earnings (8.9% per year) are forecast to grow slower than the US market (14.4% per year).
High Growth Earnings: ENLC's earnings are forecast to grow, but not significantly.
Revenue vs Market: ENLC's revenue (5.9% per year) is forecast to grow slower than the US market (7.8% per year).
High Growth Revenue: ENLC's revenue (5.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ENLC's Return on Equity is forecast to be high in 3 years time (31.1%)
Discover growth companies
How has EnLink Midstream performed over the past 5 years?
Past Performance Score3/6
Past Performance Score 3/6
Growing Profit Margin
Earnings vs Industry
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ENLC has high quality earnings.
Growing Profit Margin: ENLC became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ENLC has become profitable over the past 5 years, growing earnings by -20.2% per year.
Accelerating Growth: ENLC has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ENLC has become profitable in the last year, making it difficult to compare its past year earnings growth to the Oil and Gas industry (184.6%).
Return on Equity
High ROE: ENLC's Return on Equity (10.7%) is considered low.
Discover strong past performing companies
How is EnLink Midstream's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ENLC's short term assets ($1.3B) exceed its short term liabilities ($1.2B).
Long Term Liabilities: ENLC's short term assets ($1.3B) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: ENLC's net debt to equity ratio (148%) is considered high.
Reducing Debt: ENLC's debt to equity ratio has increased from 72% to 148.7% over the past 5 years.
Debt Coverage: ENLC's debt is well covered by operating cash flow (21.7%).
Interest Coverage: ENLC's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Discover healthy companies
What is EnLink Midstream current dividend yield, its reliability and sustainability?
Dividend Score 3/6
Cash Flow Coverage
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: ENLC's dividend (4.16%) is higher than the bottom 25% of dividend payers in the US market (1.48%).
High Dividend: ENLC's dividend (4.16%) is in the top 25% of dividend payers in the US market (3.99%)
Stability and Growth of Payments
Stable Dividend: ENLC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: ENLC has only been paying a dividend for 8 years, and since then payments have fallen.
Earnings Payout to Shareholders
Earnings Coverage: With its high payout ratio (118.4%), ENLC's dividend payments are not well covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonably low cash payout ratio (38.3%), ENLC's dividend payments are well covered by cash flows.
Discover strong dividend paying companies
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Jesse Arenivas (48 yo)
Mr. Jesse Arenivas was President of CO2 for Kinder Morgan Energy Partners, L.P. and was also President of Energy Transition Ventures - Kinder Morgan GP Inc for Kinder Morgan Energy Partners, L.P until 2022...
Experienced Management: ENLC's management team is considered experienced (3.7 years average tenure).
Experienced Board: ENLC's board of directors are not considered experienced ( 2.1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: ENLC insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
EnLink Midstream, LLC's employee growth, exchange listings and data sources
- Name: EnLink Midstream, LLC
- Ticker: ENLC
- Exchange: NYSE
- Founded: 2013
- Industry: Oil and Gas Storage and Transportation
- Sector: Energy
- Implied Market Cap: US$5.790b
- Market Cap: US$5.177b
- Shares outstanding: 541.23m
- Website: https://www.enlink.com
Number of Employees
- EnLink Midstream, LLC
- 1722 Routh Street
- Suite 1300
- United States
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2022/08/18 00:00|
|End of Day Share Price||2022/08/18 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.