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Enable Midstream Partners, LP is an oil & gas midstream business based in the US. Enable Midstream Partners shares (ENBL) are listed on the NYSE and all prices are listed in US Dollars. Enable Midstream Partners employs 1,735 staff and has a trailing 12-month revenue of around USD$2.5 billion.
|Latest market close||USD$5.91|
|52-week range||USD$1.4543 - USD$9.4082|
|50-day moving average||USD$5.4288|
|200-day moving average||USD$5.0243|
|Wall St. target price||USD$5.89|
|Dividend yield||USD$0.66 (12.26%)|
|Earnings per share (TTM)||USD$0.603|
The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-01-07)||6.29%|
|1 month (2020-12-17)||4.79%|
|3 months (2020-10-16)||27.92%|
|6 months (2020-07-16)||32.81%|
|1 year (2020-01-16)||-44.97%|
|2 years (2019-01-16)||-60.18%|
|3 years (2018-01-16)||15.5|
|5 years (2016-01-15)||7.03|
Valuing Enable Midstream Partners stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Enable Midstream Partners's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Enable Midstream Partners's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 7x. In other words, Enable Midstream Partners shares trade at around 7x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Enable Midstream Partners's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 3.69. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Enable Midstream Partners's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Enable Midstream Partners's EBITDA (earnings before interest, taxes, depreciation and amortisation) is USD$946 million.
The EBITDA is a measure of a Enable Midstream Partners's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$2.5 billion|
|Operating margin TTM||20.96%|
|Gross profit TTM||USD$1.7 billion|
|Return on assets TTM||2.7%|
|Return on equity TTM||0.08%|
|Market capitalisation||USD$2.3 billion|
TTM: trailing 12 months
There are currently 2.6 million Enable Midstream Partners shares held short by investors – that's known as Enable Midstream Partners's "short interest". This figure is 19.7% down from 3.3 million last month.
There are a few different ways that this level of interest in shorting Enable Midstream Partners shares can be evaluated.
Enable Midstream Partners's "short interest ratio" (SIR) is the quantity of Enable Midstream Partners shares currently shorted divided by the average quantity of Enable Midstream Partners shares traded daily (recently around 1.7 million). Enable Midstream Partners's SIR currently stands at 1.53. In other words for every 100,000 Enable Midstream Partners shares traded daily on the market, roughly 1530 shares are currently held short.
However Enable Midstream Partners's short interest can also be evaluated against the total number of Enable Midstream Partners shares, or, against the total number of tradable Enable Midstream Partners shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Enable Midstream Partners's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Enable Midstream Partners shares in existence, roughly 10 shares are currently held short) or 0.0297% of the tradable shares (for every 100,000 tradable Enable Midstream Partners shares, roughly 30 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Enable Midstream Partners.
Find out more about how you can short Enable Midstream Partners stock.
Dividend payout ratio: 127.88% of net profits
Recently Enable Midstream Partners has paid out, on average, around 127.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.26% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Enable Midstream Partners shareholders could enjoy a 12.26% return on their shares, in the form of dividend payments. In Enable Midstream Partners's case, that would currently equate to about $0.66 per share.
Enable Midstream Partners's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Enable Midstream Partners's most recent dividend payout was on 24 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 16 November 2020 (the "ex-dividend date").
Over the last 12 months, Enable Midstream Partners's shares have ranged in value from as little as $1.4543 up to $9.4082. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Enable Midstream Partners's is 2.6567. This would suggest that Enable Midstream Partners's shares are significantly more volatile than the average for this exchange and represent a higher risk.
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, processing, and fractionation services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Bakken Shale formation of the Williston Basin for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to natural gas producers, utilities, and industrial 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 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, 2018, its portfolio of midstream energy infrastructure assets included approximately 13,900 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 2,300 miles of intrastate pipelines; and 8 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. Enable Midstream Partners, LP operates as a subsidiary of Centerpoint Energy Resources Corp.
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