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How to buy Enable Midstream Partners stock | $5.91

Own Enable Midstream Partners stock in just a few minutes.

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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.

How to buy shares in Enable Midstream Partners

  1. Compare share trading platforms. If you're a beginner, look for a platform with low commissions, expert ratings and investment tools to track your portfolio. Narrow down top brands with our comparison table.
  2. Open and fund your brokerage account. Complete an application with your personal and financial details, like your ID and bank information. Fund your account with a bank transfer, credit card or debit card.
  3. Search for Enable Midstream Partners. Find the stock by name or ticker symbol: ENBL. Research its history to confirm it's a solid investment against your financial goals.
  4. Purchase now or later. Buy today with a market order or use a limit order to delay your purchase until Enable Midstream Partners reaches your desired price. To spread out your purchase, look into dollar-cost averaging, which smooths out buying at consistent intervals and amounts.
  5. Decide on how many to buy. At last close price of USD$5.91, weigh your budget against a diversified portfolio that can minimize risk through the market's ups and downs. You may be able to buy a fractional share of Enable Midstream Partners, depending on your broker.
  6. Check in on your investment. Congratulations, you own a part of Enable Midstream Partners. Optimize your portfolio by tracking how your stock — and even the business — performs with an eye on the long term. You may be eligible for dividends and shareholder voting rights on directors and management that can affect your stock.

Enable Midstream Partners share price

Use our graph to track the performance of ENBL stocks over time.

Enable Midstream Partners shares at a glance

Information last updated 2020-12-27.
Latest market closeUSD$5.91
52-week rangeUSD$1.4543 - USD$9.4082
50-day moving average USD$5.4288
200-day moving average USD$5.0243
Wall St. target priceUSD$5.89
PE ratio 7.4833
Dividend yield USD$0.66 (12.26%)
Earnings per share (TTM) USD$0.603

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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.

Is it a good time to buy Enable Midstream Partners stock?

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.

Enable Midstream Partners price performance over time

Historical closes compared with the close of $5.91 from 2020-12-11

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

Is Enable Midstream Partners under- or over-valued?

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 P/E ratio

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 PEG ratio

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

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.

Enable Midstream Partners financials

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%
Profit margin 0.4%
Book value $15.358
Market capitalisation USD$2.3 billion

TTM: trailing 12 months

Shorting Enable Midstream Partners shares

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)

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.

Enable Midstream Partners share dividends

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").

Enable Midstream Partners share price volatility

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 overview

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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