EnLink Midstream, LLC

EnLink Midstream, LLC

ENLC
EnLink Midstream, LLCUS flagNew York Stock Exchange
14.12
USD
-0.03
- -
6.45BMarket Cap
EnLink Midstream, LLC
ENLC
(New York Stock Exchange)

Recent

price

14.12

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
TTM
FRC
66.44
34.07
38.36
42.71
37.8
48.07
21.25
27.06
23.73
31.85
40.8
13
7.99
14
19.91
14.9
14.65
Revenue per Share
0.52
0.34
-0.25
-0.13
-0.26
2.42
0.76
-2.16
-2.56
1.18
-0.07
-2.41
-0.86
0.05
0.76
0.45
0.29
Basic EPS, GAAP
-2.28
-0.48
0.78
0.93
-2.84
1.8
-2.06
0.34
0.02
-0.5
0.02
0.51
0.88
1.38
1.5
1.68
1.45
Free Cash Flow per Basic Share
2.7
0.09
0.07
0.38
0.48
0.5
0.54
0.99
1.03
1.03
1.03
1.01
0.47
0.38
0.46
0.51
0.53
Dividend per Share
-1.17
-0.92
-1.24
-1.73
-2.47
-3.58
16.92
13.92
10.47
10.67
9.18
4.6
3.08
2.71
- -
- -
- -
Book Value per Share
3.04
6.05
8.61
8.01
7.86
14.31
17.42
14.18
11.71
13.98
12.2
5.12
4.26
3.96
4.16
3.99
2.43
Tangible Book Value per Share
46
46
47
47
47
48
164
164
180
180
189
464
490
489
478
462
454
Basic Weighted Avg Shares
3,076
1,584
1,793
2,014
1,791
2,296
3,486
4,443
4,264
5,744
7,694
6,038
3,916
6,845
9,528
6,879
6,652
Sales/Revenue/Turnover
0.38
1.21
3.93
4.1
1.98
7.46
9.35
5.7
5.23
5.04
6.69
6.78
10.51
8.43
6.98
10.07
9.6
Operating Margin (%)
133
130
112
125
162
187
284
387
504
545
577
617
639
608
639
657
682
Depreciation Expense
24
16
-12
-6
-12
116
124
-355
-460
213
-13
-1,119
-422
22
361
206
131
Net Income, GAAP
- -
- -
- -
- -
- -
36
23.43
- -
- -
- -
- -
- -
- -
15.09
- -
15.21
12.01
Effective Tax Rate (%)
0.79
0.99
-0.65
-0.3
-0.7
5.03
3.56
-8
-10.79
3.7
-0.17
-18.54
-10.76
0.33
3.79
3
1.97
Profit Margin (%)
-20
-42
-13
-17
-16
-24
163
61
-114
-231
-244
-3
-237
22
107
-155
-1,008
Working Capital
1,254
845
738
798
1,036
1,200
2,022
3,066
3,295
3,542
4,031
4,764
4,244
4,364
4,724
4,471
4,150
LT Debt
738
816
901
829
950
1,154
7,075
5,432
5,271
5,561
4,984
3,811
3,213
2,987
2,913
2,635
1,802
Total Equity
- -
- -
- -
- -
- -
5.03
4.34
- -
- -
- -
- -
- -
- -
6.43
- -
7.85
7.91
Return on Invested Capital (%)
- -
- -
- -
- -
- -
6.12
0.7
- -
- -
- -
- -
- -
- -
1.11
- -
4.64
3.94
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
-14.04
-22.08
11.18
-0.72
-57.9
-23.13
1.58
54.5
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
ST Debt
131
458
721
LT Borrowings
4,470
4,236
4,150
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
449
452
459
Market Capitalization
6,060
6,131
6,529

Working Capital

FRC

in mil. unless spec.
Mar'24
Jun'24
Sep'24
Total Current Assets
712
814
728
Cash, Cash Equivalents & STI
17
6
10
Accounts Receivable, Net
58
60
58
Inventories
40
73
101
Total Current Liabilities
913
1,255
1,736
Payables & Accruals
658
705
595
ST Debt
131
458
721
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
42.4%
-11.65%
-9.53%
Free Cash Flow
174.43%
1,063.9%
8.4%
Net Income, GAAP
907.99%
1,936.38%
-42.93%
Sales/Revenue/Turnover
17.34%
5.91%
-27.8%
Total Cash Common Dividend
46.71%
19.03%
6.68%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
2,259
2,596
2,643
2,030
9,528
2023
1,756
1,519
1,768
1,837
6,879
2024
1,677
1,552
1,587
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.07
0.18
0.17
0.34
0.76
2023
0.12
0.12
0.06
0.14
0.45
2024
0.03
0.08
0.03
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
0.12
0.11
0.12
0.11
0.46
2023
0.13
0.13
0.13
0.13
0.51
2024
0.14
0.13
0.13
- -
- -
Business
EnLink Midstream, LLC (NYSE: ENLC) operates as an integrated midstream energy infrastructure company, providing gathering, processing, transportation, fractionation, storage, and logistics services for natural gas, crude oil, natural gas liquids, and carbon dioxide across key U.S. production basins including the Permian Basin, Oklahoma, North Texas, and the Louisiana Gulf Coast; its infrastructure encompasses pipelines, processing plants, fractionators, barge and rail terminals, product storage facilities, and brine disposal wells, supplemented by CO2 transportation for carbon capture and sequestration projects. Headquartered in Dallas, Texas, and formed in 2014 through the combination of Devon Energy's midstream assets with Crosstex Energy, the company serves producers, refiners, and downstream energy customers via fee-based contracts in premier basins and demand centers. In 2024-2025, ONEOK acquired control of EnLink by purchasing Global Infrastructure Partners' stake for $3.3 billion in October 2024 and the remaining publicly held common units in a $4.3 billion all-stock transaction completed on January 31, 2025, resulting in EnLink's merger into a wholly-owned subsidiary of ONEOK, delisting from the NYSE, and integration into ONEOK's expanded natural gas transmission network.

Company News

APIChat
  • Tortoise Capital Announces Tortoise MLP Index, Tortoise North American Pipeline Index, and Tortoise Decarbonization Infrastructure Index Constituent Changes Due to Corporate Action

  • EnLink Unitholders Approve ONEOK Acquisition of Remaining Public Units

  • Leading Independent Proxy Advisory Firms ISS and Glass Lewis Recommend EnLink Unitholders Vote "FOR" Pending ONEOK Acquisition

  • 3 Oil Stocks to Buy Right Away on Trump 2.0's Inaugural Speech

  • Definitive Proxy Statement Filed in Connection with ONEOK's Pending Acquisition of the Remaining Publicly Held Common Units of EnLink Midstream

  • ENLC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EnLink Midstream, LLC Is Fair to Shareholders

  • ONEOK Finishes The Job In Picking Up EnLink Midstream

  • SHAREHOLDER ALERT: The M&A Class Action Firm Investigates the Merger of EnLink Midstream, LLC - ENLC

  • Shareholder Alert: Ademi LLP Investigates Whether EnLink Midstream, LLC Is Obtaining a Fair Price for its Public Unitholders

  • ENLC Stock Alert: Halper Sadeh LLC Is Investigating Whether the Sale of EnLink Midstream, LLC Is Fair to Shareholders

  • ONEOK Announces Agreement to Acquire Remaining Publicly Held Common Units in EnLink Midstream in a Tax-Free Transaction

  • ONEOK Foundation Donates $100,000 to Wildfire Disaster Relief Program

  • ONEOK to Participate in BofA Securities Global Energy Conference

  • EnLink Midstream (ENLC) Q3 Earnings and Revenues Lag Estimates

  • EnLink Midstream Reports Third Quarter 2024 Results

  • ONEOK Announces Closing of Medallion Midstream Acquisition

  • EnLink Midstream (ENLC) Earnings Expected to Grow: Should You Buy?

  • ONEOK Announces Higher Third Quarter 2024 Earnings; Increases 2024 Financial Guidance

  • EnLink Midstream Schedules Third Quarter 2024 Earnings Release Date

  • ONEOK Declares Quarterly Dividend