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How to buy Enable Midstream Partners (ENBL) stocks in Canada

Learn how to easily invest in Enable Midstream Partners stocks.

Enable Midstream Partners is an oil & gas midstream business based in the US. Enable Midstream Partners stocks (ENBL.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $9.66 – the same closing value as a week prior. Enable Midstream Partners employs 1,706 staff and has a trailing 12-month revenue of around $3.4 billion.

How to buy shares in Enable Midstream Partners

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – ENBL – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

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.

How has Coronavirus impacted Enable Midstream Partners's stock price?

Since the stock market crash in March caused by coronavirus, Enable Midstream Partners's stock price has had significant negative movement.

Its last market close was $7.05, which is 10.42% down on its pre-crash value of $7.87 and 337.89% up on the lowest point reached during the March crash when the stocks fell as low as $1.61.

If you had bought $1,000 worth of Enable Midstream Partners stocks at the start of February 2020, those stocks would have been worth $195.05 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $759.71.

Enable Midstream Partners stock price (NYSE:ENBL)

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

Enable Midstream Partners shares at a glance

Information last updated 2022-01-09.
Latest market close$7.05
52-week range$4.82 - $9.51
50-day moving average $8.06
200-day moving average $7.99
Wall St. target price$7.88
PE ratio 7.3514
Dividend yield $0.661 (9.38%)
Earnings per share (TTM) $0.96

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Enable Midstream Partners price performance over time

Historical closes compared with the close of $7.05 from 2021-12-02

1 week (2022-01-05) N/A
1 month (2021-12-12) N/A
3 months (2021-10-13) -17.54%
6 months (2021-07-16) -15.37%
1 year (2021-01-15) 16.14%
2 years (2020-01-16) -34.36%
3 years (2019-01-16) 14.84
5 years (2017-01-13) 15.91

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 $1 billion.

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 $3.4 billion
Operating margin TTM 17.59%
Gross profit TTM $1.5 billion
Return on assets TTM 3.19%
Return on equity TTM 6.51%
Profit margin 13.55%
Book value $15.71
Market capitalisation $3.1 billion

TTM: trailing 12 months

Enable Midstream Partners share dividends

70%

Dividend payout ratio: 70.32% of net profits

Recently Enable Midstream Partners has paid out, on average, around 70.32% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.38% 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 9.38% return on their shares, in the form of dividend payments. In Enable Midstream Partners's case, that would currently equate to about $0.661 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 16 November 2021. The latest dividend was paid out to all shareholders who bought their shares by 4 November 2021 (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 $4.8196 up to $9.5112. A popular way to gauge a stock's volatility is its "beta".

ENBL.US volatility(beta: 2.34)Avg. volatility(beta: 1.00)LowHigh

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 2.3392. 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 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.

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Enable Midstream Partners in the news

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Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

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