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ENLC
Stock ticker: NYSE
AS OF
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Capitalization
5.68B

ENLC Enlink Midstream LLC Forecast, Technical & Fundamental Analysis

a company which transmits and processes natural gas and crude oil

Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I.Advisor
a Summary for ENLC with price predictions
08:00 PM EDT Sep 24, 2023

ENLC's RSI Indicator recovers from overbought zone

The 10-day RSI Oscillator for ENLC moved out of overbought territory on September 06, 2023. This could be a sign that the stock is shifting from an upward trend to a downward trend. Traders may want to look at selling the stock or buying put options. Tickeron's A.I.dvisor looked at 41 instances where the indicator moved out of the overbought zone. In of the 41 cases the stock moved lower in the days that followed. This puts the odds of a move down at .

Price Prediction Chart

Technical Analysis (Indicators)

Bearish Trend Analysis

The Stochastic Oscillator may be shifting from an upward trend to a downward trend. In of 50 cases where ENLC's Stochastic Oscillator exited the overbought zone, the price fell further within the following month. The odds of a continued downward trend are .

The Moving Average Convergence Divergence Histogram (MACD) for ENLC turned negative on September 07, 2023. This could be a sign that the stock is set to turn lower in the coming weeks. Traders may want to sell the stock or buy put options. Tickeron's A.I.dvisor looked at 38 similar instances when the indicator turned negative. In of the 38 cases the stock turned lower in the days that followed. This puts the odds of success at .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where ENLC declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

Bullish Trend Analysis

The Momentum Indicator moved above the 0 level on September 25, 2023. You may want to consider a long position or call options on ENLC as a result. In of 74 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The 50-day moving average for ENLC moved above the 200-day moving average on August 21, 2023. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where ENLC advanced for three days, in of 321 cases, the price rose further within the following month. The odds of a continued upward trend are .

The Aroon Indicator entered an Uptrend today. In of 265 cases where ENLC Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .

Fundamental Analysis (Ratings)

Fear & Greed

The Tickeron Valuation Rating for company is (best 1 - 100 worst), which means the company is slightly undervalued. The valuation of the company is based on a proprietary formula which takes into account a set of fundamentals and gives us an estimate of the price per share for the company. We then compare this estimate with the current price per share. As a result, this company is rated as undervalued in the industry. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (4.890) is normal, around the industry mean (84.970). P/E Ratio (16.863) is within average values for comparable stocks, (20.119). ENLC's Projected Growth (PEG Ratio) (0.000) is slightly lower than the industry average of (2.497). Dividend Yield (0.040) settles around the average of (0.070) among similar stocks. P/S Ratio (0.736) is also within normal values, averaging (2.657).

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating strong sales and a profitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. ENLC’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is fair valued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. ENLC’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 69, placing this stock worse than average.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

A.I.Advisor
published Highlights

Notable companies

The most notable companies in this group are Enterprise Products Partners LP (NYSE:EPD), Energy Transfer LP (NYSE:ET), Cheniere Energy (ASE:LNG), Kinder Morgan (NYSE:KMI), Targa Resources Corp (NYSE:TRGP), Plains All American Pipeline LP (NASDAQ:PAA), Antero Midstream Corp (NYSE:AM), Euronav NV (NYSE:EURN), Plains GP Holdings LP (NASDAQ:PAGP), Scorpio Tankers (NYSE:STNG).

Industry description

Oil & Gas Pipelines industry includes companies that transport natural gas and crude oil through pipelines. These companies also collect and market the fuels. The pipeline segment could be considered as a midstream operation – functioning as a link between the upstream and downstream operations in the oil and gas industry. Some of the largest U.S. pipeline players include Enterprise Products Partners L.P, TC Energy Corporation and Energy Transfer, L.P.

Market Cap

The average market capitalization across the Oil & Gas Pipelines Industry is 8.42B. The market cap for tickers in the group ranges from 193.53K to 73.39B. ENB holds the highest valuation in this group at 73.39B. The lowest valued company is AGEEF at 193.53K.

High and low price notable news

The average weekly price growth across all stocks in the Oil & Gas Pipelines Industry was 0%. For the same Industry, the average monthly price growth was 5%, and the average quarterly price growth was 5%. IMPP experienced the highest price growth at 10%, while BANL experienced the biggest fall at -18%.

Volume

The average weekly volume growth across all stocks in the Oil & Gas Pipelines Industry was 139%. For the same stocks of the Industry, the average monthly volume growth was 183% and the average quarterly volume growth was 145%

Fundamental Analysis Ratings

The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows

Valuation Rating: 25
P/E Growth Rating: 74
Price Growth Rating: 51
SMR Rating: 63
Profit Risk Rating: 69
Seasonality Score: 9 (-100 ... +100)
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Technical Analysis# Of IndicatorsAvg. Odds
   
   
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A.I. Advisor
published Earnings

ENLC is expected to report earnings to rise 5.75% to 12 cents per share on November 08

Enlink Midstream LLC ENLC Stock Earnings Reports
Q3'23
Est.
$0.13
Q2'23
Beat
by $0.01
Q1'23
Missed
by $0.01
Q4'22
Beat
by $0.14
Q3'22
Beat
by $0.04
The last earnings report on August 01 showed earnings per share of 11 cents, beating the estimate of 10 cents. With 5.15M shares outstanding, the current market capitalization sits at 5.68B.
A.I.Advisor
published Dividends

ENLC paid dividends on August 11, 2023

Enlink Midstream LLC ENLC Stock Dividends
А dividend of $0.12 per share was paid with a record date of August 11, 2023, and an ex-dividend date of July 27, 2023. Read more...
A.I. Advisor
published General Information

General Information

a company which transmits and processes natural gas and crude oil

Industry OilGasPipelines

Profile
Fundamentals
Details
Industry
Oil And Gas Pipelines
Address
1722 Routh Street
Phone
+1 214 953-9500
Employees
1132
Web
https://www.enlink.com
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ENLC and

Correlation & Price change

A.I.dvisor indicates that over the last year, ENLC has been closely correlated with TRGP. These tickers have moved in lockstep 74% of the time. This A.I.-generated data suggests there is a high statistical probability that if ENLC jumps, then TRGP could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ENLC
1D Price
Change %
ENLC100%
+3.01%
TRGP - ENLC
74%
Closely correlated
+1.04%
PAGP - ENLC
73%
Closely correlated
-1.63%
PAA - ENLC
72%
Closely correlated
-0.76%
AM - ENLC
71%
Closely correlated
-0.08%
DTM - ENLC
71%
Closely correlated
+0.96%
More

Groups containing ENLC

Correlation & Price change

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To ENLC
1D Price
Change %
ENLC100%
+3.01%
ENLC
(undefined stocks)
83%
Closely correlated
+0.68%
oil
(undefined stocks)
77%
Closely correlated
+1.36%
Oil & Gas Pipelines
(undefined stocks)
76%
Closely correlated
+0.29%
crude oil
(undefined stocks)
75%
Closely correlated
+1.52%
gas
(undefined stocks)
72%
Closely correlated
+0.79%
More