USD 15.47
↑ 0.14 (0.91%)
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| ENLC | 0.9 | 2.7 | 6.0 | 21.2 | 14.5 | 21.5 | 112.8 | 190.8 | -56.7 | 82.6 |
| S&P 500 | -1.4 | -1.8 | 0.9 | 5.9 | 10.5 | 30.3 | 25.3 | 88.0 | 187.4 | 33125.0 |
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| Attribute | Value |
|---|---|
| symbol | ENLC |
| name | EnLink Midstream, LLC |
| price | 15.47 |
| changes percentage | 0.9132 |
| change | 0.14 |
| day low | 15.25 |
| day high | 15.535 |
| year high | 15.67 |
| year low | 11.53 |
| market cap | 7070919310 |
| price avg 50 | 14.746 |
| price avg 200 | 13.5636 |
| exchange | NYSE |
| volume | 1172790 |
| avg volume | 2058539 |
| open | 15.25 |
| previous close | 15.33 |
| eps | 0.22 |
| pe | 70.32 |
| earnings announcement | 2025-02-18T05:00:00.000+0000 |
| shares outstanding | 457073000 |
| timestamp | 2024-11-15 20:50:04 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001592000 | |||
| revenue | 6879400000 | 9542100000 | -27.90 |
| gross profit | 808000000 | 1329900000 | -39.24 |
| gross profit ratio | 0.12 | 0.14 | -15.73 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 1330500000 | 650100000 | 104.66 |
| interest income | -5400000 | 500000 | -1180.00 |
| interest expense | 270800000 | 238100000 | 13.73 |
| ebitda | 1370300000 | 1319600000 | 3.84 |
| ebitdaratio | 0.2 | 0.07 | 169.98 |
| operating income | 692800000 | 64600000 | 972.45 |
| operating income ratio | 0.1 | 0.01 | 1387.54 |
| net income | 206200000 | 500700000 | -58.82 |
| net income ratio | 0.03 | 0.05 | -42.88 |
| eps | 0.45 | 1.05 | -57.14 |
Revenue Growth: revenue decreased to 6,879 million in 2023 from 9,542 million in 2022 representing a change of -27.9%. This indicates a sales shrinking, which is a negative sign for the company.
Gross Profit: Gross Profit decreased to 808 million in 2023 from 1,330 million in 2022 representing a change of -39.24%. This indicates a sales profitability decline, which is a negative sign for the company.
Net Income: Net income decreased to 206 million in 2023 from 501 million in 2022 representing a change of -58.82%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.45 in 2023 from 0.45 in 2022 representing a change of -57.14%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
Operating Expenses: Operating Expenses decreased to 1,330 million in 2023 from 650 million in 2022 representing a change of 104.66%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 1,370 million in 2023 from 1,320 million in 2022 representing a change of 3.84%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income increased to 693 million in 2023 from 65 million in 2022 representing a change of 972.45%. The increase in operating income indicates better operational performance and increased profitability.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001592000 | |||
| revenue | 1608400000 | 1551900000 | 3.64 |
| gross profit | 1608400000 | 171500000 | 837.84 |
| gross profit ratio | 1 | 0.11 | 804.90 |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 134000000 | 30200000 | 343.71 |
| interest income | 0 | 300000 | -100.00 |
| interest expense | 69200000 | 67000000 | 3.28 |
| ebitda | 305400000 | 303100000 | 0.76 |
| ebitdaratio | 0.19 | 0.2 | -3.04 |
| operating income | 119000000 | 141300000 | -15.78 |
| operating income ratio | 0.07 | 0.09 | -18.74 |
| net income | 14000000 | 38100000 | -63.25 |
| net income ratio | 0.01 | 0.02 | -64.55 |
| eps | 0.03 | 0.08 | -63.86 |
Revenue Growth: revenue increased to 1,608 million in 2024Q3 from 1,552 million in 2024Q2 representing a change of 3.64%. This indicates a sales growth, which is a positive sign for the company.
Gross Profit: Gross Profit increased to 1,608 million in 2024Q3 from 172 million in 2024Q2 representing a change of 837.84%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 134 million in 2024Q3 from 30 million in 2024Q2 representing a change of 343.71%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to 305 million in 2024Q3 from 303 million in 2024Q2 representing a change of 0.76%. The increase in EBITDA indicates improved operational efficiency and profitability.
Operating Income: Operating income decreased to 119 million in 2024Q3 from 141 million in 2024Q2 representing a change of -15.78%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to 14 million in 2024Q3 from 38 million in 2024Q2 representing a change of -63.25%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.03 in 2024Q3 from 0.03 in 2024Q2 representing a change of -63.86%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001592000 | |||
| total assets | 8328600000 | 8651000000 | -3.73 |
| total liabilities | 5693500000 | 5738300000 | -0.78 |
| total equity | 4269000000 | 4519000000 | -5.53 |
| cash and cash equivalents | 28700000 | 22600000 | 26.99 |
| short term investments | 3300000 | 0 | NaN |
| long term investments | 150500000 | 90200000 | 66.85 |
| total current assets | 838300000 | 982800000 | -14.70 |
| total non current assets | 7490300000 | 7668200000 | -2.32 |
| total current liabilities | 993600000 | 875400000 | 13.50 |
| total non current liabilities | 4699900000 | 4862900000 | -3.35 |
| common stock | 1000500000 | 1306400000 | -23.42 |
| retained earnings | 0 | 570500000 | -100.00 |
| total debt | 4597100000 | 4749700000 | -3.21 |
Total Assets: Total Assets decreased to 8,329 million in 2023 from 8,651 million in 2022 representing a change of -3.73%. Suggesting a decrease in asset holdings.
Total Equity: Total Equity decreased to 4,269 million in 2023 from 4,519 million in 2022 representing a change of -5.53%. This indicates a decrease in shareholders' equity.
Total Current Assets: Total Current Assets decreased to 838 million in 2023 from 983 million in 2022 representing a change of -14.7%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 994 million in 2023 from 875 million in 2022 representing a change of 13.5%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 1,000 in 2023 from 1,306 in 2022 representing a change of -23.42%. This indicates a decrease in ownership interest.
Retained Earnings: Retained Earnings decreased to 0 million in 2023 from 570 million in 2022 representing a change of -100.0%. This indicates an accumulated losses.
Total Liabilities: Total Liabilities decreased to 5,694 million in 2023 from 5,738 million in 2022 representing a change of -0.78%. This indicates a decrease in overall liabilities.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 29 million in 2023 from 23 million in 2022 representing a change of 26.99%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 3 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates an increase in short-term investment holdings.
Total Debt: Total Debt decreased to 4,597 million in 2023 from 4,750 million in 2022 representing a change of -3.21%. This indicates a reduction in overall debt burden.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001592000 | |||
| total assets | 7883800000 | 8937200000 | -11.79 |
| total liabilities | 6082000000 | 6478900000 | -6.13 |
| total equity | 2657800000 | 2458300000 | 8.12 |
| cash and cash equivalents | 10400000 | 5800000 | 79.31 |
| short term investments | 0 | 42200000 | -100.00 |
| long term investments | 156500000 | 174100000 | -10.11 |
| total current assets | 728000000 | 814200000 | -10.59 |
| total non current assets | 7155800000 | 8123000000 | -11.91 |
| total current liabilities | 1736300000 | 1254700000 | 38.38 |
| total non current liabilities | 4345700000 | 5224200000 | -16.82 |
| common stock | 0 | 914200000 | -100.00 |
| retained earnings | 0 | 0 | NaN |
| total debt | 4831500000 | 4694000000 | 2.93 |
Total Assets: Total Assets decreased to 7,884 million in 2024Q3 from 8,937 million in 2024Q2 representing a change of -11.79%. Suggesting a decrease in asset holdings.
Short Term Investments: Short Term Investments decreased to 0 million in 2024Q3 from 42 million in 2024Q2 representing a change of -100.0%. This indicates a decrease in short-term investment holdings.
Total Current Assets: Total Current Assets decreased to 728 million in 2024Q3 from 814 million in 2024Q2 representing a change of -10.59%. This indicates a worsen liquidity position.
Total Current Liabilities: Total Current Liabilities increased to 1,736 million in 2024Q3 from 1,255 million in 2024Q2 representing a change of 38.38%. This indicates a higher short-term debt burden.
Common Stock: Common Stock decreased to 0 in 2024Q3 from 914 in 2024Q2 representing a change of -100.0%. This indicates a decrease in ownership interest.
Total Debt: Total Debt increased to 4,832 million in 2024Q3 from 4,694 million in 2024Q2 representing a change of 2.93%. This indicates an increase in overall debt burden.
Total Liabilities: Total Liabilities decreased to 6,082 million in 2024Q3 from 6,479 million in 2024Q2 representing a change of -6.13%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 2,658 million in 2024Q3 from 2,458 million in 2024Q2 representing a change of 8.12%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 10 million in 2024Q3 from 6 million in 2024Q2 representing a change of 79.31%. This indicates an increase in available liquid assets.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0001592000 | |||
| net change in cash | 6100000 | -3600000 | 269.44 |
| operating cash flow | 1222700000 | 1049300000 | 16.53 |
| free cash flow | 777000000 | 716800000 | 8.40 |
| capital expenditure | -445700000 | -332500000 | -34.05 |
| depreciation and amortization | 657100000 | 639400000 | 2.77 |
| deferred income tax | 62100000 | -95300000 | 165.16 |
| stock based compensation | 19200000 | 30400000 | -36.84 |
| accounts payables | -71000000 | -39000000 | -82.05 |
| inventory | 97000000 | -115000000 | 184.35 |
| acquisitions net | 0 | -456200000 | 100.00 |
| investments in property plant and equipment | -445700000 | -332500000 | -34.05 |
| net cash used for investing activites | -440500000 | -773000000 | 43.01 |
| debt repayment | -158000000 | 362200000 | -143.62 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -247900000 | -240700000 | -2.99 |
| dividends paid | -236200000 | -221400000 | -6.68 |
| net cash used provided by financing activities | -776100000 | -279900000 | -177.28 |
| cash at end of period | 28700000 | 22600000 | 26.99 |
| accounts receivables | 58200000 | 102400000 | -43.16 |
| cash at beginning of period | 22600000 | 26200000 | -13.74 |
Net Change in Cash: Net Change in Cash increased to 6 million in 2023 from -4 million in 2022 representing a change of 269.44%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 1,223 million in 2023 from 1,049 million in 2022 representing a change of 16.53%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 777 million in 2023 from 717 million in 2022 representing a change of 8.4%. This indicates an increase in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure decreased to -446 million in 2023 from -332 million in 2022 representing a change of -34.05%. This indicates a possible improved efficiency or a shift in the company's strategic priorities.
Stock-Based Compensation: Stock-Based Compensation decreased to 19 million in 2023 from 30 million in 2022 representing a change of -36.84%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
Accounts Receivables: Accounts Receivables decreased to 58 million in 2023 from 102 million in 2022 representing a change of -43.16%. This suggests that the company has been able to collect payments from its customers more efficiently and timely.
Deferred Income Tax: Deferred Income Tax increased to 62 million in 2023 from -95 million in 2022 representing a change of 165.16%. This indicates that the company's tax liability for future periods has increased.
Accounts Payables: The absolute value of Accounts Payables increased to 71 million in 2023 from 39 million in 2022 representing a change of -82.05%. This indicates that the company has increased its outstanding obligations to its suppliers.
Dividends Paid: Dividends Paid decreased to -236 million in 2023 from -221 million in 2022 representing a change of -6.68%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0001592000 | |||
| operating cash flow | 260100000 | 162600000 | 59.96 |
| free cash flow | 260100000 | 62200000 | 318.17 |
| capital expenditure | 0 | -100400000 | 100.00 |
| depreciation and amortization | 186100000 | 162600000 | 14.45 |
| deferred income tax | 6200000 | 9800000 | -36.73 |
| stock based compensation | 5700000 | 5200000 | 9.62 |
| accounts receivables | 93200000 | -102200000 | 191.19 |
| accounts payables | 0 | 69500000 | -100.00 |
| inventory | 0 | -47300000 | 100.00 |
| acquisitions net | -5300000 | 800000 | -762.50 |
| investments in property plant and equipment | 0 | -100400000 | 100.00 |
| net cash used for investing activites | -5300000 | -107800000 | 95.08 |
| debt repayment | 185600000 | 88500000 | 109.72 |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | -50000000 | 100.00 |
| dividends paid | -61400000 | -60100000 | -2.16 |
| net cash used provided by financing activities | -164500000 | -65800000 | -150.00 |
| net change in cash | 254800000 | -11000000 | 2416.36 |
| cash at end of period | 254800000 | 5800000 | 4293.10 |
| cash at beginning of period | 0 | 16800000 | -100.00 |
Net Change in Cash: Net Change in Cash increased to 255 million in 2024Q3 from -11 million in 2024Q2 representing a change of 2416.36%. Indicating an increased ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow increased to 260 million in 2024Q3 from 163 million in 2024Q2 representing a change of 59.96%. This indicates that the company generated more cash from its core business operations.
Free Cash Flow: Free Cash Flow increased to 260 million in 2024Q3 from 62 million in 2024Q2 representing a change of 318.17%. This indicates an increase in cash generated after accounting for capital expenditures.
Accounts Payables: The absolute value of Accounts Payables decreased to 0 million in 2024Q3 from 70 million in 2024Q2 representing a change of -100.0%. This indicates that the company has reduced its outstanding obligations to its suppliers.
Capital Expenditure: Capital Expenditure increased to 0 million in 2024Q3 from -100 million in 2024Q2 representing a change of 100.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 6 million in 2024Q3 from 5 million in 2024Q2 representing a change of 9.62%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Accounts Receivables: Accounts Receivables increased to 93 in 2024Q3 from -102 million in 2024Q2 representing a change of 191.19%. This suggests that the company is less capable of collecting payments from its customers.
Dividends Paid: Dividends Paid decreased to -61 million in 2024Q3 from -60 million in 2024Q2 representing a change of -2.16%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q2 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 14.9 | 19.94 | -25.28 |
| net income per share | 0.45 | 1.05 | -57.32 |
| operating cash flow per share | 2.65 | 2.19 | 20.77 |
| free cash flow per share | 1.68 | 1.5 | 12.34 |
| cash per share | 0.07 | 0.05 | 46.75 |
| book value per share | 5.71 | 6.09 | -6.24 |
| tangible book value per share | 3.99 | 4.16 | -4.17 |
| shareholders equity per share | 5.71 | 6.09 | -6.24 |
| interest debt per share | 10.48 | 10.37 | 1.09 |
| market cap | 5614272000 | 5885550000 | -4.61 |
| enterprise value | 10182672000 | 10612650000 | -4.05 |
| pe ratio | 27.23 | 11.75 | 131.63 |
| price to sales ratio | 0.82 | 0.62 | 32.31 |
| pocfratio | 4.59 | 5.61 | -18.14 |
| pfcf ratio | 7.23 | 8.21 | -12.00 |
| pb ratio | 2.13 | 2.02 | 5.44 |
| ptb ratio | 2.13 | 2.02 | 5.44 |
| ev to sales | 1.48 | 1.11 | 33.09 |
| enterprise value over ebitda | 7.43 | 8.04 | -7.60 |
| ev to operating cash flow | 8.33 | 10.11 | -17.66 |
| ev to free cash flow | 13.11 | 14.81 | -11.49 |
| earnings yield | 0.04 | 0.09 | -56.83 |
| free cash flow yield | 0.14 | 0.12 | 13.64 |
| debt to equity | 1.73 | 1.62 | 6.92 |
| debt to assets | 0.55 | 0.55 | 0.47 |
| net debt to ebitda | 3.33 | 3.58 | -6.93 |
| current ratio | 0.84 | 1.12 | -24.85 |
| interest coverage | 2.56 | 0.27 | 842.94 |
| income quality | 3.49 | 2.1 | 66.70 |
| dividend yield | 0.04 | 0.04 | 11.84 |
| payout ratio | 1.15 | 0.44 | 159.05 |
| sales general and administrative to revenue | 0.02 | 0.01 | 27.96 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.1 | 0.11 | -10.52 |
| capex to operating cash flow | 0.36 | 0.32 | 15.04 |
| capex to revenue | 0.06 | 0.03 | 85.93 |
| capex to depreciation | 0.68 | 0.52 | 30.43 |
| stock based compensation to revenue | 0.0 | 0.0 | -12.40 |
| graham number | 7.57 | 11.97 | -36.74 |
| roic | 0.08 | 0.01 | 681.16 |
| return on tangible assets | 0.03 | 0.06 | -57.75 |
| graham net net | -11.13 | -10.65 | -4.44 |
| working capital | -155300000 | 107400000 | -244.60 |
| tangible asset value | 1841500000 | 1991500000 | -7.53 |
| net current asset value | -4855200000 | -4755500000 | -2.10 |
| invested capital | 7045300000 | 7584600000 | -7.11 |
| average receivables | 696250000 | 756700000 | -7.99 |
| average payables | 126700000 | 133250000 | -4.92 |
| average inventory | 96750000 | 98250000 | -1.53 |
| days sales outstanding | 35.4 | 27.74 | 27.63 |
| days payables outstanding | 7.6 | 5.64 | 34.83 |
| days of inventory on hand | 2.79 | 6.54 | -57.33 |
| receivables turnover | 10.31 | 13.16 | -21.65 |
| payables turnover | 48.0 | 64.71 | -25.83 |
| inventory turnover | 130.85 | 55.83 | 134.38 |
| roe | 0.08 | 0.17 | -54.48 |
| capex per share | 0.97 | 0.69 | 38.92 |
ROE:
Debt-to-Equity Ratio:
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 27.23 on 2023-12-31 from 11.75 on 2022-12-31, representing a change of 131.63%. Indicating an increase in the relative valuation of the company's stock.
Current Ratio: Current Ratio decreased to 0.84 on 2023-12-31 from 1.12 on 2022-12-31, representing a change of -24.85%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| ENLC | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 3.51 | 3.44 | 2.01 |
| net income per share | 0.03 | 0.08 | -63.83 |
| operating cash flow per share | 0.57 | 0.36 | 57.45 |
| free cash flow per share | 0.57 | 0.14 | 311.60 |
| cash per share | 0.02 | 0.11 | -78.67 |
| book value per share | 3.93 | 5.45 | -27.86 |
| tangible book value per share | 2.41 | 3.83 | -37.14 |
| shareholders equity per share | 3.93 | 2.03 | 93.19 |
| interest debt per share | 10.69 | 10.47 | 2.10 |
| market cap | 6654286000 | 6256404000 | 6.36 |
| enterprise value | 11475386000 | 10944604000 | 4.85 |
| pe ratio | 118.83 | 41.05 | 189.45 |
| price to sales ratio | 4.14 | 4.03 | 2.62 |
| pocfratio | 25.58 | 38.48 | -33.51 |
| pfcf ratio | 25.58 | 100.59 | -74.57 |
| pb ratio | 3.69 | 6.82 | -45.81 |
| ptb ratio | 3.69 | 6.82 | -45.81 |
| ev to sales | 7.13 | 7.05 | 1.17 |
| enterprise value over ebitda | 37.57 | 36.11 | 4.06 |
| ev to operating cash flow | 44.12 | 67.31 | -34.45 |
| ev to free cash flow | 44.12 | 175.96 | -74.93 |
| earnings yield | 0.0 | 0.01 | -65.45 |
| free cash flow yield | 0.04 | 0.01 | 293.16 |
| debt to equity | 2.68 | 5.07 | -47.15 |
| debt to assets | 0.61 | 0.52 | 17.60 |
| net debt to ebitda | 15.79 | 15.47 | 2.06 |
| current ratio | 0.42 | 0.65 | -35.39 |
| interest coverage | 1.72 | 2.11 | -18.46 |
| income quality | -3.84 | 4.27 | -190.02 |
| dividend yield | 0.01 | 0.01 | -3.95 |
| payout ratio | 4.39 | 1.58 | 178.03 |
| sales general and administrative to revenue | 0.02 | 0.02 | -4.15 |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.09 | 0.08 | 8.41 |
| capex to operating cash flow | 0 | 0.62 | -100.00 |
| capex to revenue | 0 | 0.06 | -100.00 |
| capex to depreciation | 0 | 0.62 | -100.00 |
| stock based compensation to revenue | 0.0 | 0.0 | 5.76 |
| graham number | 1.64 | 1.97 | -16.41 |
| roic | 0.02 | 0.02 | -7.28 |
| return on tangible assets | 0.0 | 0.0 | -58.03 |
| graham net net | -13.24 | -13.1 | -1.09 |
| working capital | -1008300000 | -440500000 | -128.90 |
| tangible asset value | 1103800000 | 1728400000 | -36.14 |
| net current asset value | -5354000000 | -5664700000 | 5.48 |
| invested capital | 5857900000 | 6602800000 | -11.28 |
| average receivables | 321600000 | 592100000 | -45.68 |
| average payables | 81900000 | 99950000 | -18.06 |
| average inventory | 36650000 | 56850000 | -35.53 |
| days sales outstanding | 0 | 37.3 | -100.00 |
| days payables outstanding | 0 | 5.67 | -100.00 |
| days of inventory on hand | 0 | 4.78 | -100.00 |
| receivables turnover | 0 | 2.41 | -100.00 |
| payables turnover | 0 | 15.88 | -100.00 |
| inventory turnover | 0 | 18.83 | -100.00 |
| roe | 0.01 | 0.04 | -81.28 |
| capex per share | 0 | 0.22 | -100.00 |
ROE: Return on Equity (ROE) decreased to 0.01 on 2024-09-30 Q3 from 0.04 on 2024-06-30 Q2, representing a change of -81.28%. Suggesting that the company has not been generating high returns for its shareholders.
Current Ratio: Current Ratio decreased to 0.42 on 2024-09-30 Q3 from 0.65 on 2024-06-30 Q2, representing a change of -35.39%. The current ratio has been declining, suggesting a decrease in the company's short-term liquidity. Also, it's below 1, indicating potential liquidity issues.
Debt-to-Equity Ratio: Debt-to-Equity Ratio decreased to 2.68 on 2024-09-30 Q3 from 5.07 on 2024-06-30 Q2, representing a change of -47.15%. The debt-to-equity ratio has been decreasing, indicating that the company has been relying less on debt financing. However, a ratio of 2.0 or higher is usually considered risky.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 118.83 on 2024-09-30 Q3 from 41.05 on 2024-06-30 Q2, representing a change of 189.45%. Indicating an increase in the relative valuation of the company's stock.
Negative Sentiment: Discounted Cash Flow value is 13.73 which is lower than current price 15.47, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Positive
Publish Date: 2024-11-12 16:15:00
TULSA, Okla. , Nov. 12, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) will participate in the BofA Securities Global Energy Conference on Nov. 13, 2024, in Houston.
Sentiment: Positive
Publish Date: 2024-11-06 20:05:40
EnLink Midstream (ENLC) came out with quarterly earnings of $0.06 per share, missing the Zacks Consensus Estimate of $0.13 per share. This compares to earnings of $0.10 per share a year ago.
Sentiment: Neutral
Publish Date: 2024-11-06 17:03:00
DALLAS , Nov. 6, 2024 /PRNewswire/ --Â EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today reported financial results for the third quarter of 2024. Highlights Reported net income of $43.1 million and net cash provided by operating activities of $260.1 million for the third quarter of 2024.
Sentiment: Neutral
Publish Date: 2024-10-31 11:00:00
Completes Acquisition of the Largest Privately Held Crude Oil Gathering and Transportation System in the Permian's Midland Basin TULSA, Okla. , Oct. 31, 2024 /PRNewswire/ --Â ONEOK, Inc. (NYSE: OKE) today announced the successful completion of its acquisition of Medallion Midstream (Medallion) from Global Infrastructure Partners, for a total cash consideration of approximately $2.6 billion.
Sentiment: Positive
Publish Date: 2024-10-30 11:06:45
EnLink Midstream (ENLC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Sentiment: Neutral
Publish Date: 2024-10-29 16:15:00
Increases Financial Guidance for the Second Time in 2024 TULSA, Okla. , Oct. 29, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) today announced higher third quarter 2024 results and provided 2024 financial guidance on a consolidated basis that includes contributions from EnLink Midstream (EnLink) and the pending Medallion Midstream (Medallion) acquisition.
Sentiment: Neutral
Publish Date: 2024-10-22 17:03:00
DALLAS , Oct. 22, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced that it will issue its third quarter earnings press release and post an investor presentation on its website at Investors.EnLink.com after market close on Wednesday, November 6, 2024.  The company will not hold a conference call.
Sentiment: Positive
Publish Date: 2024-10-16 16:15:00
TULSA, Okla. , Oct. 16, 2024 /PRNewswire/ -- The board of directors of ONEOK, Inc. (NYSE: OKE) today declared a quarterly dividend of 99 cents per share, unchanged from the previous quarter, resulting in an annualized dividend of $3.96 per share.
Sentiment: Positive
Publish Date: 2024-10-15 17:04:00
Changes reflect new ONEOK controlling interest DALLAS , Oct. 15, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced changes to the Board of Directors (Board) of EnLink Midstream Manager, LLC, the managing member of ENLC (EnLink Manager), following the October 15, 2024, closing of the transaction in which ONEOK, Inc. (NYSE: OKE) (ONEOK) acquired Global Infrastructure Partner's (GIP) entire 43% equity interest in ENLC and all of GIP's interest in EnLink Manager. As a result of acquiring EnLink Manager, ONEOK appointed three directors to the Board who collectively have the majority voting power.
Sentiment: Neutral
Publish Date: 2024-10-14 17:03:00
DALLAS , Oct. 14, 2024 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2024. EnLink's Board of Directors declared a cash distribution of $0.1325 per common unit for the third quarter of 2024, which is unchanged from the second quarter 2024 distribution.
Sentiment: Positive
Publish Date: 2024-10-04 07:37:50
Many midstream energy companies pay stable, well-supported distributions or dividends with yields well over 5%. The relative quality of twenty-nine midstream energy companies was evaluated by means of a quality matrix with factors including valuation, profitability, growth, leverage, yield, and yield coverage. Based on this review, I recommend those investors who are interested in midstream energy first consider the five highest quality midstreams: HESM, WES, EPD, ET, and KNTK.
Sentiment: Positive
Publish Date: 2024-10-03 01:30:52
On September 30, 2024, ALPS Advisors Inc., a prominent asset management firm, made a significant addition to its investment portfolio by acquiring 2,773,743 shares of EnLink Midstream LLC (ENLC, Financial). This transaction increased the firm's total holdings in ENLC to 46,191,145 shares, marking a substantial investment move.
Sentiment: Positive
Publish Date: 2024-09-17 17:05:00
DALLAS , Sept. 17, 2024 /PRNewswire/ --Â EnLink Midstream, LLC (NYSE: ENLC) ("ENLC") today announced that its subsidiary, EnLink Midstream Partners, LP ("ENLK"), gave the required notice pursuant to the Eleventh Amended and Restated Agreement of Limited Partnership of ENLK to optionally redeem all of ENLK's 6.000% Series C Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the "Series C Preferred Units") on September 17, 2024 (the "Redemption Date").
Sentiment: Positive
Publish Date: 2024-08-28 21:29:00
Establishes fully integrated Permian Basin platform at scale Expands and extends footprint in Mid-Continent, North Texas and Louisiana Delivers immediate accretion to EPS and FCF supporting capital allocation strategy Provides significant synergies through complementary asset positions Maintains ONEOK's strong investment-grade credit ratings ONEOK intends to pursue a tax-free acquisition of the EnLink publicly held interests following the closing of this transaction TULSA, Okla. , Aug. 28, 2024 /PRNewswire/ -- ONEOK, Inc. (NYSE: OKE) ("ONEOK") today announced that it has executed a definitive agreement with Global Infrastructure Partners ("GIP") under which ONEOK will acquire GIP's entire interest in EnLink Midstream, LLC (NYSE: ENLC) ("EnLink"), consisting of 43% of EnLink's outstanding common units for $14.90 per unit and 100% of the interests in the managing member for $300 million, for total cash consideration of approximately $3.3 billion.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
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Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
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