$0.17 EPS Expected for EnLink Midstream, LLC (ENLC)

April 17, 2018 - By Tina Thibodeau

EnLink Midstream, LLC (NYSE:ENLC) Logo

Analysts expect EnLink Midstream, LLC (NYSE:ENLC) to report $0.17 EPS on May, 1.They anticipate $0.22 EPS change or 440.00 % from last quarter’s $-0.05 EPS. ENLC’s profit would be $30.75 million giving it 21.91 P/E if the $0.17 EPS is correct. After having $-0.01 EPS previously, EnLink Midstream, LLC’s analysts see -1,800.00 % EPS growth. The stock increased 4.93% or $0.7 during the last trading session, reaching $14.9. About 541,504 shares traded or 39.50% up from the average. EnLink Midstream, LLC (NYSE:ENLC) has declined 21.83% since April 17, 2017 and is downtrending. It has underperformed by 33.38% the S&P500.

EnLink Midstream, LLC (NYSE:ENLC) Ratings Coverage

Among 13 analysts covering EnLink Midstream LLC (NYSE:ENLC), 2 have Buy rating, 2 Sell and 9 Hold. Therefore 15% are positive. EnLink Midstream LLC had 20 analyst reports since October 24, 2017 according to SRatingsIntel. The firm has “Neutral” rating by Bank of America given on Thursday, February 22. The stock of EnLink Midstream, LLC (NYSE:ENLC) earned “Neutral” rating by Bank of America on Tuesday, March 27. Robert W. Baird maintained the stock with “Hold” rating in Monday, February 12 report. RBC Capital Markets maintained EnLink Midstream, LLC (NYSE:ENLC) on Tuesday, January 16 with “Hold” rating. The firm has “Hold” rating by Seaport Global given on Monday, April 9. Seaport Global maintained the stock with “Hold” rating in Friday, February 9 report. The firm has “Hold” rating given on Friday, January 12 by Jefferies. The firm has “Neutral” rating given on Friday, November 17 by Goldman Sachs. The firm earned “Hold” rating on Thursday, November 2 by RBC Capital Markets. On Wednesday, April 4 the stock rating was downgraded by JP Morgan to “Underweight”.

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 $2.70 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 12.9 P/E ratio. The firm was founded in 2013 and is headquartered in Dallas, Texas.

EnLink Midstream, LLC (NYSE:ENLC) Ratings Chart

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