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Enable Midstream Partners, LP ENBL

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Price alert · ENBL

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7.05 +7.05 —

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Open
—
Prev close
0.00
Mkt cap
3.07B
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
9.38%
More statistics
Low
—
High
—
Forward P/E
6.24
Beta
2.34
Short ratio
4.04
Inst. own
11.84%
Dividend
0.66
Ex-div date
Nov 4, 2021
Earnings
Nov 1, 2021
50-d avg
8.06
200-d avg
7.99
1y target
7.88

2Y chart

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Key statistics

Market cap
3.07B
Enterprise value
7.46B
Trailing P/E
7.35
Forward P/E
6.24
PEG ratio
-0.27
Price / sales
0.90
Price / book
0.45
EPS (TTM)
0.959
Beta
2.34
Dividend yield
9.38%
Payout ratio
68.85%
Profit margin
13.55%
Revenue (TTM)
3.42B
Revenue growth
60.40%
Free cash flow
441.25M
Total cash
36.00M
Total debt
4.03B
Return on equity
6.51%
Shares outstanding
435.89M
Short % of float
4.00%
50-day average
8.06
200-day average
7.99

Analyst view

Consensus: hold

Hold
Price target (mean) 7.88 +11.8% upside
Target (low)
7.00
Target (mean)
7.88
Target (high)
8.50
Ratings (0m) 10 3 buy · 5 hold · 2 sell
  • Strong buy1
  • Buy2
  • Hold5
  • Sell2
  • Strong sell0

Next earnings

Nov 1, 2021

Expected Nov 1, 2021. Consensus EPS estimate 0.25.

Earnings history

Financials — quick view

All financials
ENBL Revenue — quarterly 956.00M
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021
ENBL Net income — quarterly 116.00M
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021
ENBL EPS — quarterly 0.24
2017-Q4 20172018-Q1 20182018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 2021

Earnings

ENBL recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Nov 1, 2021Sep 1, 20210.00———
Aug 4, 2021Jun 1, 20210.00———
May 3, 2021Mar 1, 20210.17———
Feb 24, 2021Dec 1, 20200.11———
Nov 4, 2020Sep 1, 20200.18———
Aug 5, 2020Jun 1, 20200.07———

Upgrades / downgrades

ENBL analyst upgrades and downgrades
DateFirmActionFromTo
May 13, 2021Wells Fargomain—Equal-Weight
Mar 2, 2021BarclaysupUnderweightEqual-Weight
Mar 1, 2021MizuhodownBuyNeutral
Sep 25, 2020Morgan Stanleyinit—Underweight
Apr 14, 2020Wells FargodownOverweightEqual-Weight
Mar 24, 2020BarclaysdownEqual-WeightUnderweight

About Enable Midstream Partners, LP

Enable Midstream Partners, LP owns, operates, and develops midstream energy infrastructure assets in the United States. The company operates in two segments, Gathering and Processing; and Transportation and Storage. The Gathering and Processing segment provides natural gas gathering and processing services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Anadarko and Williston basins for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to producer, power plant, local distribution company, and industrial end-user customers. The company's natural gas gathering and processing assets are located in Oklahoma, Texas, Arkansas, and Louisiana; crude oil gathering assets are located in Oklahoma and North Dakota; and natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Louisiana, from Louisiana to Illinois, in Oklahoma, and from Louisiana to Alabama. As of December 31, 2020, it had a portfolio of midstream energy infrastructure assets included approximately 14,000 miles of gathering pipelines; 15 processing plants with 2.6 billion cubic feet per day of processing capacity; approximately 7,800 miles of interstate pipelines; approximately 2,200 miles of intrastate pipelines; and 7 natural gas storage facilities with 84.5 billion cubic feet of storage capacity. The company was founded in 2013 and is based in Oklahoma City, Oklahoma. As of December 2, 2021, Enable Midstream Partners, LP operates as a subsidiary of Energy Transfer LP.

Sector
Energy
Industry
Oil & Gas Midstream
Country
United States

News

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Insider holders

ENBL insider holders
InsiderRelationLatest transactionDateShares held
FARACA TINA VERONICAOfficerStock Award(Grant)Mar 1, 202080,279
FARMER DEANNA JAffiliated PersonStock Award(Grant)Feb 28, 2021236,440
HARRIS ALAN NAffiliated PersonStock Award(Grant)Nov 2, 202085,616
IRANI RONNIE KAffiliated PersonStock Award(Grant)Nov 2, 202046,110
KIND PETER HAffiliated PersonStock Award(Grant)Nov 2, 202061,941
LAWS JOHN PAULChief Financial OfficerStock Award(Grant)Feb 28, 2021270,895

Institution ownership

ENBL institution ownership
Holder% heldSharesValueReported
Alps Advisors Inc.2.59%11,276,40491.56MSep 29, 2021
ClearBridge Investments, LLC1.52%6,613,17353.70MSep 29, 2021
Blackstone Inc1.07%4,654,14237.79MSep 29, 2021
Morgan Stanley0.84%3,670,13629.80MSep 29, 2021
Goldman Sachs Group, Inc.0.58%2,523,08220.49MSep 29, 2021
JP Morgan Chase & Company0.52%2,259,50118.35MSep 29, 2021

Fund ownership

ENBL fund ownership
Holder% heldSharesValueReported
Alps ETF Tr-Alerian MLP ETF2.67%11,656,99790.23MAug 30, 2021
ClearBridge MLP & Midstream Fd0.57%2,498,73719.34MAug 30, 2021
ClearBridge Energy Midstream Opportunity Fund Inc.0.46%1,999,07515.47MAug 30, 2021
ClearBridge MLP & Midstream Total Return Fd0.36%1,571,74112.17MAug 30, 2021
ETFis Ser Tr I-InfraCap MLP ETF0.23%1,017,8888.51MJul 30, 2021
Fiduciary/Claymore Energy Infrastructure Fund0.12%502,9203.89MAug 30, 2021
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