EnLink Midstream LLC
Latest EnLink Midstream LLC News and Updates
An Overview of Genesis Energy’s Offshore Pipeline Segment
Until recently, Genesis Energy’s Offshore Pipeline segment owned interest in ~1200 miles of offshore pipelines spread across five pipeline systems.
Options Traders Should Watch Midstream Stock Returns
EnLink Midstream rose 63.2% in the past year ending on February 6. It has the highest implied volatility of all the midstream companies that make up AMLP.
Which Midstream Stocks Led in Short Interest?
As of August 29, 2016, EnLink Midstream (ENLC) had the highest short interest-to-equity float ratio among midstream stocks at 10.1%.
Why Williams Companies’ Valuation Has Been on the Rise
Williams Companies’ forward EV-EBITDA multiple, which is based on the current fiscal quarter’s EBITDA estimates, is 13.1x.
What Wall Street Analysts Recommend for EnLink Midstream
A total of 63.0% of analysts surveyed by Reuters have rated EnLink Midstream Partners (ENLK) as a “buy” as of June 28.
Traders Are Most Bearish about These Midstream Stocks
On December 12, 2016, EnLink Midstream (ENLC) had a short-interest-to-equity float ratio of 9.5%, the highest among all the midstream companies that are part of the Alerian MLP ETF (AMLP).
Bearish Midstream Stocks: Do You Own Them?
In the past three months, EnLink Midstream has risen 8.9%, while its short-interest-to-equity-float ratio has risen 30.9%.
Last Week’s MLP Ratings Updates
CVR Refining (CVRR), a downstream MLP involved in crude oil refining and refined products marketing, saw ratings updates and target price revisions from Barclays and UBS last week.
Kinder Morgan Cuts Dividends by 75%
Kinder Morgan (KMI), the midstream energy giant, announced a ~75% quarterly dividend cut in its annual outlook release for 2016 on Tuesday.
Five High-Dividend Stocks You Should Watch
Let’s take a look at five stocks that are trading with high dividend yields and the risks involved with each.
Downstream MLPs among Top MLP Gainers Last Week
US downstream MLPs, including Calumet Specialty Products Partners (CLMT), Alon USA Partners (ALDW), and CVR Refining (CVRR), were among the top five MLP gainers last week.
Where Does DCP Midstream Stand Compared to Its Peers?
DCP Midstream Partners (DPM) has an enterprise value of $2.7 billion.
These MLPs Rose More Than 9% in Week Ended January 5
CVR Partners (UAN) was the top MLP gainer last week, which ended on January 5, 2018. It rose 23.2%.
What Do Analysts Recommend for Kinder Morgan?
Currently, ~52.6% of analysts rate Kinder Morgan a “buy,” ~42.1% rate it a “hold,” and ~5.3% rate it a “sell.”
Energy Transfer Partners, Sunoco Logistics Announced Stake Sale
Energy Transfer Partners and Sunoco Logistics Partners both surged by 8.4% in the two trading sessions following their 2Q16 earnings announcements.
This Segment Will Drive EnLink Midstream’s 4Q16 Results
ENLK expects central Oklahoma region to become its largest operating region by the end of 2017.
The 10 MLPs Most Correlated with Crude Oil
In this series, we’ll look at the ten MLPs most correlated with crude oil amid crude oil price volatility.
Expected Increases in Oil, Gas Production: A Positive for MLPs
US drilling activity in February 2017 US drilling activity stayed strong in major shale plays in February 2017, driven by the slight recovery in commodity prices and the decline in drilling costs with the usage of efficient drilling methods. According to recent Baker Hughes (BKI) rig data, the US rig count rose for the seventh […]
Is EnLink Midstream Partners a ‘Buy’ before Its 3Q17 Earnings?
For EnLink Midstream Partners, 56.3% of the analysts rate it as a “hold,” 37.5% rate it as a “buy,” and 6.3% rate it as a “sell” as of October 24, 2017.
These Midstream Stocks Have the Highest Short Interest
On March 13, EnLink Midstream had a short-interest-to-equity float ratio of 10.1%—the highest among the midstream stocks in the Alerian MLP ETF (AMLP).
Should You Include Kinder Morgan in Your Portfolio?
We’ll look at what Wall Street analysts recommend for Kinder Morgan (KMI). At a broader level, ~52.6% of analysts rate Kinder Morgan a “buy,” ~42.1% rate it a “hold,” and ~5.3% rate it a “sell.”
These Midstream Stocks Lead in Short Interest
On March 6, EnLink Midstream Partners had a short-interest-to-equity float ratio of 10.1%—the highest among the midstream companies in AMLP.
ENLK, BPL, and CEQP: The Top MLP Gainers Last Week
EnLink Midstream Partners (ENLK) rose 7.7% last week. The stock has gained substantially since its strong second-quarter results.
These Midstream Players Have Created Maximum Wealth for Investors
In this series, we’ll look at the historical outliers in midstream energy, which have generated massive wealth amid turbulent times.
ETE, PAGP, WGP, and ENLC: Analyzing MLPs’ General Partners
In this series, we’ll perform a comparative analysis of four MLPs’ general partners: Energy Transfer Equity, Plains GP Holdings, Western Gas Equity Partners, and EnLink Midstream LLC.
Midstream Stocks Approach 52-Week Lows: Time to Buy?
Several midstream stocks hit their respective 52-week lows in the last five days. Crude oil prices took a hit yesterday amid concerns over trade talks.
Midstream Stocks Outperformed the Energy Space Last Week
Last week (ended July 5), midstream stock EnLink Midstream LLC (ENLC) outperformed the energy space. Here’s a summary of midstream stocks’ performance.
MLP and Midstream Rating Updates Last Week
On February 19, TD Securities raised its target price for Enbridge (ENB) from 56 Canadian dollars to 57 Canadian dollars.
OKE, VNOM, and NGL: Top MLP and Midstream Gains Last Week
Hi-Crush Partners (HCLP), Viper Energy Partners (VNOM), and Dorchester Minerals (DMLP) were among the top MLP gainers last week.
Which High-Yield MLPs Do Analysts Recommend?
Around 40% of the analysts rated Suburban Propane Partners as a “buy.” The stock offers an upside potential of 21% from the current price.
7 MLPs Offering a Yield above 10%
NGL Energy Partners is trading at a yield of ~14.1%. NGL Energy Partners’ distributions have been flat for the last ten quarters.
OKE, HCLP, SUN: Key Midstream and MLP Rating Updates Last Week
Of the 18 analysts covering ONEOK, five have rated the stock as a “strong buy,” four have rated it as a “buy,” and the remaining nine have rated it as a “hold.”
MLP Rating Update for the Week Ending August 3
Hi-Crush Partners (HCLP) saw a rating downgrade and target price revision last week. Credit Suisse raised its target price to $17 from $15.
Can Crestwood Equity Partners Gain Upward Momentum from Here?
Crestwood Equity Partners (CEQP) was trading 4.0% above its 50-day SMA (simple moving average) and 22.0% above its 200-day SMA on July 13.
Top MLP Losses in the Week Ending June 22
Alliance Resource Partners (ARLP), an MLP involved in coal mining and production, was the top MLP loss in the week ending June 22.
EQT Midstream Partners Posted 20.0% Earnings Growth in 2017
EQT Midstream Partners posted a strong 18.0% YoY (year-over-year) rise in its EBITDA during the most recent quarter.
Last Week’s Biggest MLP Losers: SMLP and More
Summit Midstream Partners (SMLP), a midstream MLP mainly involved in crude oil gathering and processing and crude oil gathering, was the biggest MLP loser last week.
Behind Hi-Crush Partners’ High Correlation with Crude Oil
Hi-Crush Partners has low direct commodity price exposure. The one-year correlation between Hi-Crush Partners and crude oil was 0.47 as of February 6.
How USAC Deal Could Boost ETP’s Market Performance
Energy Transfer Partners (ETP) had a strong start to the year with a rise of ~6.5% in 2018 YTD (year-to-date).
MLP Rating Updates Last Week
EnLink Midstream LLC (ENLC), the GP (general partner) of EnLink Midstream Partners (ENLK), was raised by UBS to a “buy.”
A Sneak Peek into EnLink Midstream Partners’ 3Q17 Volumes
EnLink Midstream Partners has high exposure to the Barnett Shale due to Devon Energy’s strong focus in the region. Devon Energy is its sponsor.
What Are Buckeye Partners’ Current Expansion Plans?
BPL recently announced its plans to enter the prolific Permian Basin, where it plans to build a 600-mile haul pipeline.
How Market Reacted to Energy Transfer Partners’ Secondary Offering
Energy Transfer Partners (ETP) announced a public offering of 54 million common units on August 14. ETE, which owns the IDRs (incentive distribution rights) in ETP, is expected to benefit from the equity offering.
Which Segment Drove Williams Partners’ 2Q17 Performance?
Williams Partners’ (WPZ) Atlantic Gulf segment was its top performing segment in 2Q17, with adjusted EBITDA growth of 25.5%.
MLPs Approach Their 52-Week Lows amid Crude Oil Price Weakness
MLPs have seen a series of major sell-offs due to significant weakness in crude oil prices. The Alerian MLP ETF (AMLP) has fallen 7.5% since the beginning of June 2017.
What Does Crestwood Equity Partners’s Current Valuation Indicate?
Crestwood Equity Partners (CEQP) stock fell 2.3% following its 4Q16 earnings announcement.
Why Western Gas’s Capital Spending Could Recover in 2017
Western Gas Partners’ (WES) growth capital spending started to decline at the beginning of the rout in energy prices.
A Look at the Midstream Energy Value Chain
Liquids pipelines and terminaling MLPs, as the name suggests, are involved in crude oil, refined product, and NGLs (natural gas liquids) transportation and storage.
Getting Familiar with MLP Contracts
In this article, we’ll look at types of MLP contracts for midstream MLPs. Midstream MLPs generally have fixed-fee contracts.
How EnLink Benefits from Devon’s Strong STACK Production Growth
EnLink Midstream Partners’ (ENLK) sponsor, Devon Energy (DVN), increased its production in the STACK region by 31.0% YoY in 3Q16 compared to 3Q15.
Top Five Midstream Stocks with High Short Interest
On October 10, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%, the highest among all midstream companies that are part of AMLP.
Which Midstream Stocks Are Investors Most Bearish On?
On October 3, 2016, EnLink Midstream (ENLC) had a short interest-to-equity float ratio of 10.7%—the highest among all of the midstream stocks.
Why EnLink Midstream Is Focusing on the Delaware and Stack Region
EnLink Midstream Partners (ENLK) is focusing on expansion in the Delaware and Stack region based on its sponsor, Devon Energy’s (DVN), spending in the region.
Kinder Morgan Reported a Loss of $0.29 per Share in 4Q15
Kinder Morgan (KMI) reported its 4Q15 earnings on January 20, 2016. Its 4Q15 actual earnings per share fell to -$0.29 from $0.08 in 4Q14.
Why Kinder Morgan Underperformed the Alerian MLP ETF
Kinder Morgan (KMI) has lost 66.3% of its market value during the past year.
Energy Prices and Weather Could Hurt Kinder Morgan’s 4Q15 Results
Kinder Morgan’s 4Q15 EPS estimate is one of the lowest in comparison to estimates for the last 12 quarters.
Which Segments Drove Williams Partners’ 2Q15 Performance?
The Atlantic Gulf is Williams Partners’ (WPZ) largest business segment in terms of adjusted EBITDA. In 2Q15, it accounted for 39% of the company’s total EBITDA.
March 2015 Midstream Movers: ONEOK and Enbridge Energy Partners
ONEOK (OKE) was the top midstream gainer in March, with a return of ~9%. But it’s lost ~23% in the last six months.
