Name: EnLink Midstream LLC (ENLC) Stock
Brand: EnLink Midstream LLC
Rating: 4 (3 reviews)

Question 1

Can you describe the business of EnLink Midstream LLC?

Accepted Answer

EnLink Midstream LLC engages in transmission, processing and marketing of natural gas and crude oil. The company is headquartered in Dallas, Texas and currently employs 1,072 full-time employees. The company went IPO on 2014-03-10. The Company’s segments include Permian, which includes its natural gas gathering, processing, and transmission activities and its crude oil operations in the Midland and Delaware Basins in West Texas and Eastern New Mexico; Louisiana, which includes its natural gas and NGL transmission pipelines, natural gas processing plants, natural gas and NGL storage facilities, and fractionation facilities located in Louisiana; Oklahoma, which includes its natural gas gathering, processing, and transmission activities, and its crude oil operations in the Cana-Woodford, Arkoma-Woodford, northern Oklahoma Woodford, STACK, and adjacent areas, and North Texas, which includes natural gas gathering, processing, and transmission activities in North Texas.

Question 2

What is the current price of ENLC stock?

Accepted Answer

The current stock price of ENLC is 14.12 USD. The price decreased by -0.21% in the last trading session.

Question 3

What is the ChartMill technical and fundamental rating of ENLC stock?

Accepted Answer

ENLC has a ChartMill Technical rating of 1 out of 10 and a ChartMill Fundamental rating of 3 out of 10.

Show Percentage Diff	MRQ (2024-9-30)	2023 (2023-12-31)	2022 (2022-12-31)	2021 (2021-12-31)	2020 (2020-12-31)
ASSETS
Current Assets
Cash Equivalents	10.40M	28.70M	23.00M	26.00M	40.00M
Marketable Securities	N/A	N/A	N/A	N/A	N/A
Receivables	550.20M	667.30M	725.00M	788.00M	528.00M
Inventories	101.20M	46.40M	147.00M	49.00M	N/A
Other Current Assets	66.20M	95.90M	88.00M	56.00M	84.00M
Total Current Assets	728.00M	838.30M	983.00M	920.00M	651.00M

Non-Current Assets
PPE Net	6.17B	6.48B	6.63B	6.45B	6.71B
Investments And Advances	156.50M	150.50M	90.00M	28.00M	42.00M
Goodwill	N/A	N/A	N/A	N/A	0.00
Intangibles	698.00M	793.60M	921.00M	1.05B	1.13B
Other Non-Current Assets	133.10M	63.60M	31.00M	37.00M	21.00M
Total Non-Current Assets	7.16B	7.49B	7.67B	7.56B	7.90B

TOTAL ASSETS	7.88B	8.33B	8.65B	8.48B	8.55B

LIABILITIES
Current Liabilities
Short Term Debt	0.00	0.00	0.00	0.00	0.00
Current Portion Of LT Debt.	681.30M	97.90M	N/A	0.00	350.00M
Accrued Expenses	558.30M	662.20M	672.00M	681.00M	411.00M
Accounts Payable	76.90M	126.50M	127.00M	140.00M	61.00M
Other Current Liabilities	419.80M	107.00M	77.00M	78.00M	67.00M
Total Current Liabilities	1.74B	993.60M	875.00M	899.00M	888.00M

Non-Current Liabilities
Long Term Debt	4.15B	4.47B	4.72B	4.36B	4.24B
Deferred Taxes/Income	103.80M	104.20M	43.00M	138.00M	109.00M
Other Non-Current Liabilities	91.70M	124.70M	97.00M	96.00M	97.00M
Total Non-Current Liabilities	5.20B	6.33B	6.47B	6.26B	6.17B

TOTAL LIABILITIES	6.94B	7.33B	7.34B	7.16B	7.06B

SHAREHOLDERS' EQUITY
Minority Interest	856.00M	1.63B	1.61B	1.66B	1.72B
Common Shares	946.90M	1.00B	1.31B	1.33B	1.51B
Other Shareholders' Equity	-1.10M	700.00K	0.00	-1.00M	-15.00M
Shares Outstanding	458.62M	451.61M	469.00M	484.00M	489.00M
Tangible Book Value per Share	0.54	0.46	0.82	0.57	0.75
Total Shareholders' Equity	945.80M	1.00B	1.31B	1.32B	1.49B

TOTAL LIABILITIES AND EQUITY	7.88B	8.33B	8.65B	8.48B	8.55B

Statistics
Debt/Equity	4.39	4.47	3.62	3.30	2.84
Current Ratio	0.42	0.84	1.12	1.02	0.73
Return On Assets (ROA)	1.27%	2.48%	4.18%	0.26%	-4.93%
Return On Equity (ROE)	10.58%	20.60%	27.66%	1.69%	-28.21%
Return On Invested Capital (ROIC)	8.97%	8.24%	7.41%	4.67%	4.31%
Return On Invested Capital Ex Cash (ROICexc)	8.99%	8.28%	7.43%	4.69%	4.33%
Return On Invested Capital Ex Cash + Goodwill (ROICexgc)	10.14%	9.28%	8.44%	5.44%	5.08%

EnLink Midstream LLC (ENLC) Stock Price, Forecast & Analysis

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