Enlink Midstream dividend calculator – EnLink Midstream Announces 11.1% Increase in Quarterly Dividend to $0.125 Per Share
January 30, 2023
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Enlink Midstream dividend calculator – ENLINK ($NYSE:ENLC): EnLink Midstream, formerly Crosstex Energy, is a midstream energy company that provides transportation services and natural gas gathering, processing, and marketing services. The company operates in two segments, gathering and processing and transportation and storage. The gathering and processing segment provides natural gas gathering, treating, processing, and compression services. The transportation and storage segment provides natural gas transportation and storage services. EnLink Midstream recently announced an 11.1% increase in its quarterly dividend to $0.125 per share. The dividend is payable on February 13 to shareholders of record as of January 30, and an ex-dividend date of January 27. This increase marks the sixth consecutive year that EnLink Midstream has increased its dividend.
With the dividend yield standing at 3.9%, investors can enjoy a steady income stream while also benefiting from potential capital appreciation when the stock price rises. The company has a strong balance sheet with a cash flow position that is expected to remain positive going forward. EnLink Midstream’s financial flexibility allows it to undertake accretive projects that will increase long-term value for shareholders. The company is well-positioned to benefit from the increasing demand for energy infrastructure that is expected to result from the growing production of natural gas in the U.S. The company’s dividend yield of 3.9% is attractive for investors looking for income, and its long-term growth prospects are positive given its strong balance sheet and financial flexibility. As such, investors may consider adding EnLink Midstream to their portfolios.
Dividends – Enlink Midstream dividend calculator
This is the third consecutive year that EnLink has issued a dividend per share, with the previous three years’ dividends per share being 0.43, 0.38 and 0.47 USD respectively. This makes EnLink Midstream a very attractive option for investors looking for dividend stocks. It has operations across the United States, including processing and transportation, storage and marketing of natural gas, crude oil, condensate, NGLs and other hydrocarbons. It also provides gathering, transmission and other midstream services to producers and customers in the Appalachian Basin and Mid-Continent regions.
Given its strong financial performance over the past three years, EnLink Midstream’s dividend yield makes it an attractive option for investors looking for high-yielding dividend stocks. With a low payout ratio and a strong balance sheet, it is well-positioned to provide consistent returns to its shareholders over the long term.
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Enlink Midstream. More…
| Total Revenues | Net Income | Net Margin |
| 9.74k | 256.1 | 2.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Enlink Midstream. More…
| Operations | Investing | Financing |
| 937.7 | -231.4 | -639.3 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Enlink Midstream. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 8.68k | 5.77k | 2.72 |
Key Ratios Snapshot
Some of the financial key ratios for Enlink Midstream are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 12.1% | 18.4% | 5.6% |
| FCF Margin | ROE | ROA |
| 7.1% | 32.1% | 4.8% |
Market Price
The news was well-received by investors as ENLINK MIDSTREAM‘s stock opened at $12.9 and closed at $13.0 on Thursday, up by 1.3% from its previous closing price of $12.8. ENLINK MIDSTREAM is an integrated midstream energy company that operates in the natural gas and crude oil markets. The company operates in the US and Canada and provides services such as gathering, processing, transportation, storage and marketing of natural gas, natural gas liquids and crude oil. ENLINK MIDSTREAM also provides fee-based services to producers and other customers who transport their products through its pipelines.
It is a sign of confidence in the future of ENLINK MIDSTREAM’s business and ability to generate cash flow for its shareholders. The company has a long-term strategy of increasing dividend payments and will continue to review dividend increases on a regular basis going forward. Live Quote…
VI Analysis – Enlink Midstream Intrinsic Value Calculator
ENLINK MIDSTREAM is a company whose fundamentals reflect its long term potential. To simplify the evaluation of the company, the VI app can be used to access key performance metrics. The intrinsic value of ENLINK MIDSTREAM share has been estimated at $9.5, as calculated by the VI Line. Currently, the stock is being traded at $13.0, which is overvalued by 37%. This means that investors who are interested in the company should do their own analysis to determine if the current price is justified, and if the stock is worth purchasing at this time. As the market is ever-changing, investors should take into account any changes in their analysis that could affect their decision. Additionally, investors should be aware of any potential risks associated with investing in ENLINK MIDSTREAM. Overall, the company’s fundamentals reflect its long term potential, and the VI app makes it easier to assess the company’s performance. Investors should be aware that the current price of the stock is significantly higher than its intrinsic value, and should consider this when making their decision. More…
VI Peers
The company has a large network of pipelines and facilities that span across the United States. EnLink Midstream LLC is a publicly traded company that is headquartered in Dallas, Texas. The company was founded in 2014 and it is a subsidiary of Devon Energy Corporation. EnLink Midstream LLC operates through two business segments: EnLink Gathering & Processing and EnLink Transportation. The company has a workforce of over 2,000 employees. EnLink Midstream LLC’s main competitors are Fluxys Belgium SA, Hess Midstream LP, and Kinetik Holdings Inc. These companies are all similar to EnLink Midstream LLC in that they are involved in the transportation and processing of crude oil and natural gas.
– Fluxys Belgium SA ($LTS:0Q7U)
Fluxys Belgium SA is a leading provider of gas transportation and storage services in Belgium. The company has a market capitalization of 2.23 billion and a return on equity of 14.4%. Fluxys Belgium SA is the largest provider of natural gas storage services in Belgium and one of the largest providers of gas transportation services in the country. The company operates a network of gas pipelines and storage facilities that span over 2,000 kilometers.
– Hess Midstream LP ($NYSE:HESM)
Hess Midstream LP is a midstream energy company that owns, operates, develops and acquires pipelines and other midstream assets. The company has a market cap of 1.2B as of 2022 and a Return on Equity of 208.88%. The company’s assets are located in the Bakken Shale in North Dakota and the Permian Basin in Texas. Hess Midstream LP is engaged in the transportation, storage and processing of crude oil and natural gas. The company’s pipelines transport crude oil and natural gas from production areas to refining centers and end-use markets.
Summary
EnLink Midstream is a midstream energy company that provides infrastructure solutions for the energy industry. The company recently announced an increase in its quarterly dividend payment to $0.125 per share, representing an 11.1% increase. In addition, EnLink Midstream has a steady cash flow due to its long-term contracts with oil and gas producers, offering investors reliable income streams.
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