Enlink Midstream Intrinsic Value Calculator – EnLink Midstream’s Business Lags, But Its Stock Price Remains Steady

🌧️Trending News

ENLINK ($NYSE:ENLC): EnLink Midstream, LLC is a midstream energy company that operates across the United States and Canada. It specializes in gathering, processing, transportation, storage, marketing and distribution of oil and natural gas. Despite the business of EnLink Midstream lagging behind in recent months, its stock price remains steady. The shares of EnLink Midstream are not following the market, even though the business is lagging behind. This could be due to the diversification of their services across many different sectors, providing investors with some degree of confidence despite the current market conditions. Their services range from the gathering and transportation of oil and natural gas to storage and marketing and distribution.

Additionally, they operate through several subsidiary companies which provide services from crude oil and natural gas gathering to saltwater disposal and storage. This has allowed them to create a wide customer base and a steady stream of revenue which could be helping to keep their stock price stable amid the market volatility. With their broad scope of operations, they have been able to gain more market share while still being able to compete with larger players in the industry. Overall, EnLink Midstream has remained resilient despite the current market conditions. This could be due to their diversification and ability to create a wide customer base that is not just dependent on one sector of the energy industry. Additionally, their broad scope of services has allowed them to remain flexible and competitive in the market while still providing investors with a sense of stability in terms of their stock price.

Stock Price

Despite the business of EnLink Midstream lagging in the first quarter of the year, its stock price has remained steady. On Tuesday, ENLINK MIDSTREAM stock opened at $12.2 and closed at $12.2, up by 1.0% from prior closing price of 12.1. This indicates that investors are confident in the future of EnLink Midstream despite its current slump in business.

Analysts point to the company’s strong growth prospects and its geographically diversified asset base, which allows for a measure of stability even in difficult times. For now, it seems that investors are content to stick with EnLink Midstream, with its stock price remaining steady despite the business environment. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Enlink Midstream. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Enlink Midstream. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Enlink Midstream. More…

Key Ratios Snapshot

Some of the financial key ratios for Enlink Midstream are shown below. More…

Analysis – Enlink Midstream Intrinsic Value Calculator

GoodWhale recently conducted an analysis of ENLINK MIDSTREAM‘s wellbeing and we are pleased to report a fair value of $9.0 for the company’s share. This was determined by our proprietary Valuation Line algorithm. Currently, ENLINK MIDSTREAM stock is trading at $12.2, representing an overvaluation of 35.7%. This could present an opportunity for investors looking to capitalize on a potentially undervalued stock. More…

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, LLC is a midstream energy company that transports, gathers, stores and processes natural gas, crude oil and other hydrocarbon products. Despite its recent underperformance in comparison to the market, its shares are still performing well. Analysts suggest that investors view EnLink as a good long-term buy due to its strong infrastructure for asset optimization and its attractive dividend yield. Its efficient operating costs and strategic investments should result in solid financial statements in the near future.

Furthermore, its high quality assets should continue to provide stable cash flows and capital appreciation growth. Finally, EnLink has a diverse range of assets in the midstream space with a focus on crude oil and natural gas liquids which should help it stay competitive in the long run.