EnLink Midstream (ENLK & ENLC)

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dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

EnLink Midstream (ENLK & ENLC)

Post by dan_s »

I have posted the updated profile and my updated forecast/valuation model for ENLK to the EPG website.

ENLK has an annual yield over 11% based on today's unit price.

By the end of Q1 2019 all of the outstanding units of ENLK will be acquired by ENLC, effectively converting it to a C-Corp.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 34471
Joined: Fri Apr 23, 2010 8:22 am

Re: EnLink Midstream (ENLK & ENLC)

Post by dan_s »

On December 20:

EnLink Midstream (NYSE:ENLC) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating.

EnLink Midstream Partners (NYSE:ENLK) was upgraded by analysts at Jefferies Financial Group Inc from a "hold" rating to a "buy" rating. They now have a $15.00 price target on the stock, down previously from $18.00. 27.1% upside from the current price of $11.80.
Dan Steffens
Energy Prospectus Group
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