ENLC Stock Recent News

EnLink Midstream (ENLC) closed at $10.04 in the latest trading session, marking no change from the prior day.

EnLink Midstream (ENLC) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.

The gas-focused EnLink Midstream saw very strong results during 2021 and thankfully, these continued into 2022. They have increased their adjusted EBITDA guidance for 2022, which represents an increase of over 20% year-on-year.

Here is how EnLink Midstream (ENLC) and Liberty Oilfield Services (LBRT) have performed compared to their sector so far this year.

Here is how EnLink Midstream (ENLC) and Central Puerto S.A. Sponsored ADR (CEPU) have performed compared to their sector so far this year.

EnLink Midstream, LLC (NYSE:ENLC ) Q2 2022 Earnings Conference Call August 4, 2022 9:00 AM ET Company Participants Brian Brungardt - Director, Investor Relations Jesse Arenivas - Chief Executive Officer Ben Lamb - EVP and Chief Operating Officer Pablo Mercado - EVP and Chief Financial Officer Conference Call Participants Gabriel Moreen - Mizuho Michael Endsley - Tudor, Pickering & Holt Michael Cusimano - Pickering Energy Partners Operator Good day, and welcome to the EnLink Midstream Second Quarter 2022 Earnings Conference Call. All participants will be in listen-only mode.

EnLink Midstream (ENLC) delivered earnings and revenue surprises of 183.33% and 53.18%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

EnLink Midstream is a little-known midstream company with huge potential. The company delivered record adjusted EBITDA in the first quarter of 2022 due to rising volumes in many of its basins.

ENLC shares have gotten clobbered over the past few weeks. There is no fundamental justification for the selloff.

The heavy selling pressure might have exhausted for EnLink Midstream (ENLC) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.