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HDSN, ENLC and DNOW made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on November 7, 2022.
ENLC, HDSN, RDN, DNOW and MTG have been added to the Zacks Rank #1 (Strong Buy) List on November 7, 2022.
Does EnLink Midstream (ENLC) have what it takes to be a top stock pick for momentum investors? Let's find out.
EnLink Midstream, LLC (NYSE:ENLC ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Representatives Jesse Arenivas - Chief Executive Officer Ben Lamb - Executive Vice President, Chief Operating Officer Pablo Mercado - Executive Vice President, Chief Financial Officer Brian Brungardt - Investor Relations Director Conference Call Participants Gabriel Moreen - Mizuho Securities Michael Cusimano - Pickering Jeremy Tonet - JP Morgan Operator Good morning, and welcome to the EnLink Midstream, Third Quarter 2022 Earnings Call. All participants will be in listen-only mode.
EnLink Midstream (ENLC) delivered earnings and revenue surprises of 63.64% and 29.40%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, EnLink Midstream (ENLC) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
DALLAS , Oct. 18, 2022 /PRNewswire/ -- EnLink Midstream, LLC (NYSE: ENLC) (EnLink) today announced a quarterly distribution for the third quarter of 2022 and announced it will host a webcast and conference call on Wednesday, November 2, at 8 a.m. Central time to discuss its third quarter 2022 earnings.
EnLink will likely produce a record year of EBITDA in the $1270MM range (at the midpoint of the guidance), a 21% growth over 2021 numbers and a new record. Commodity prices soared driving record volumes across EnLink's Permian Basin systems in 1H of 2022.
EnLink Midstream (ENLC) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
EnLink Midstream (ENLC) closed at $10.04 in the latest trading session, marking no change from the prior day.