EnLink Midstream (ENLC) Receives Daily Coverage Optimism Score of 0.19
Media coverage about EnLink Midstream (NYSE:ENLC) has trended somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. EnLink Midstream earned a news impact score of 0.19 on Accern’s scale. Accern also assigned headlines about the pipeline company an impact score of 48.6616387611981 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the news headlines that may have impacted Accern’s scoring:
- Brokerages Anticipate EnLink Midstream LLC (ENLC) Will Announce Quarterly Sales of $1.44 Billion (americanbankingnews.com)
- Zacks: Brokerages Expect EnLink Midstream LLC (ENLC) Will Announce Earnings of $0.17 Per Share (americanbankingnews.com)
- EnLink Midstream (ENLC) versus Its Competitors Financial Survey (americanbankingnews.com)
- What’s Happening With These Oil & Gas Pipelines Stocks? — EnLink Midstream, Shell Midstream Partners, Targa Resources, and Pembina Pipeline (bizjournals.com)
- Q4 2017 EPS Estimates for EnLink Midstream LLC Lifted by Analyst (ENLC) (americanbankingnews.com)
ENLC has been the subject of several research reports. UBS Group raised EnLink Midstream from a “neutral” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, October 24th. Zacks Investment Research raised EnLink Midstream from a “hold” rating to a “buy” rating and set a $19.00 target price for the company in a research note on Tuesday, October 17th. Goldman Sachs Group raised EnLink Midstream from a “sell” rating to a “neutral” rating in a research note on Friday, November 17th. ValuEngine cut EnLink Midstream from a “hold” rating to a “sell” rating in a research note on Friday, September 1st. Finally, BidaskClub raised EnLink Midstream from a “strong sell” rating to a “sell” rating in a research note on Tuesday, November 7th. Three analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $18.83.
EnLink Midstream (NYSE:ENLC) last announced its quarterly earnings data on Tuesday, October 31st. The pipeline company reported $0.03 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.11). EnLink Midstream had a return on equity of 0.15% and a net margin of 0.12%. The company had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.36 billion. The firm’s revenue was up 26.6% compared to the same quarter last year. research analysts predict that EnLink Midstream will post 0.3 earnings per share for the current fiscal year.
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About EnLink Midstream
EnLink Midstream, LLC is an integrated midstream company. The Company’s assets consist of equity interests in EnLink Midstream Partners, LP (the Partnership) and EnLink Oklahoma Gas Processing, LP (EnLink Oklahoma T.O.). The Partnership is engaged in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs), condensate and crude oil, as well as providing crude oil, condensate and brine services to producers.
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