EnLink Midstream, LLC (ENLC) Analysts See $0.17 EPS

January 23, 2018 - By Richard Conner

 EnLink Midstream, LLC (ENLC) Analysts See $0.17 EPS

Analysts expect EnLink Midstream, LLC (NYSE:ENLC) to report $0.17 EPS on February, 13.They anticipate $0.19 EPS change or 950.00 % from last quarter’s $-0.02 EPS. ENLC’s profit would be $30.70M giving it 28.31 P/E if the $0.17 EPS is correct. After having $0.03 EPS previously, EnLink Midstream, LLC’s analysts see 466.67 % EPS growth. The stock increased 2.67% or $0.5 during the last trading session, reaching $19.25. About 285,029 shares traded. EnLink Midstream, LLC (NYSE:ENLC) has risen 22.63% since January 23, 2017 and is uptrending. It has outperformed by 5.93% the S&P500.

EnLink Midstream, LLC (NYSE:ENLC) Ratings Coverage

Among 17 analysts covering EnLink Midstream LLC (NYSE:ENLC), 3 have Buy rating, 1 Sell and 13 Hold. Therefore 18% are positive. EnLink Midstream LLC had 58 analyst reports since August 6, 2015 according to SRatingsIntel. RBC Capital Markets maintained the shares of ENLC in report on Friday, September 2 with “Sector Perform” rating. The firm has “Neutral” rating given on Monday, December 21 by Bank of America. RBC Capital Markets maintained EnLink Midstream, LLC (NYSE:ENLC) rating on Monday, April 24. RBC Capital Markets has “Hold” rating and $21 target. The rating was downgraded by Jefferies to “Hold” on Wednesday, June 8. The company was downgraded on Friday, January 15 by Wells Fargo. Piper Jaffray reinitiated the shares of ENLC in report on Friday, April 1 with “Neutral” rating. The stock has “Hold” rating by RBC Capital Markets on Sunday, July 30. Barclays Capital maintained it with “Equal-Weight” rating and $17 target in Wednesday, August 17 report. As per Tuesday, September 13, the company rating was downgraded by Credit Suisse. Goldman Sachs reinitiated the stock with “Neutral” rating in Friday, November 17 report.

EnLink Midstream, LLC gathering, transmission, processing, fractionation, storage, stabilization, brine, and marketing services to producers of natural gas, natural gas liquids, crude oil, and condensate in the United States. The company has market cap of $3.48 billion. The Company’s midstream energy asset network includes approximately 11,000 miles of pipelines; 20 natural gas processing plants; 7 fractionators; barge and rail terminals; product storage facilities; brine disposal wells; and a crude oil trucking fleet. It has a 550 P/E ratio. The firm was founded in 2013 and is headquartered in Dallas, Texas.

More recent EnLink Midstream, LLC (NYSE:ENLC) news were published by: Prnewswire.com which released: “EnLink Midstream Announces Executive Leadership Changes” on January 03, 2018. Also Prnewswire.com published the news titled: “EnLink Midstream Declares Quarterly Distributions, Increase at EnLink …” on January 18, 2018. Prnewswire.com‘s news article titled: “EnLink Midstream to Participate in Investor Conferences” with publication date: January 04, 2018 was also an interesting one.

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