Fullratio Posted - 3 days ago

$ENLC net income has shrunk by 58% YoY and by 21% QoQ: https://fullratio.com/stocks/nyse-enlc/enlink-midstream-llc

davooo Posted - 3 days ago

$ENLC From OilPrice: According StanChart and their model, the fastest rate of stock draws in the first half of 2024 should happen in May and June, essentially meaning that we are now entering a key period for oil fundamentals that will determine whether the market will tighten further or disappoint. StanChart says the key metric to watch is global oil demand, which they have predicted will hit an all-time high of 103.1 mb/d in May and rise further to 103.8 mb/d in June. The analysts have forecast y/y demand growth at 1.62 mb/d in May and 1.74 mb/d in June. 🎊

davooo Posted - 3 days ago

$ENLC From OilPrice: The oil and gas outlook appears more bullish on a global scale. According to commodity analysts at Standard Chartered, oil supply and demand balances show a significant tightening in the current year, a sharp contrast to large surplus conditions of early 2023. StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves. StanChart’s model shows a cumulative global stock draw of 189 million barrels (mb) in H1-2024 compared to a build of 218 mb recorded over last year’s corresponding period which overhung the market and flattened forward price curves.💪

DonCorleone77 Posted - 04/30/24

$ENLC EnLink Midstream reports Q1 EPS 3c, consensus 13c Reports Q1 revenue $1.65B, consensus $2.11B. "EnLink delivered a solid quarter due to the resilience of our assets and diversified nature of our business," EnLink CEO Jesse Arenivas said. "We continue to find additional opportunities for our Louisiana segment, which is outperforming. Last quarter, we announced a three-phase Louisiana growth strategy that positions EnLink to benefit from the shifting dynamics of today's natural gas demand market. We've made great progress on Phase 1, renewing the vast majority of our existing contracts at higher rates and longer tenor. I'm pleased to announce that we've also executed on Phase 2 of this strategy with our new 'Henry Hub to the River' project, which will add approximately 210 million cubic feet per day (MMcf/d) of expanded capacity and is the exact type of quick-to-market, debottlenecking project that we believe leverages our existing footprint to drive high returns for EnLink."

epsguid Posted - 04/30/24

$ENLC reported earnings of $0.03, consensus was $0.14 via @eWhispers #epsmiss http://eps.sh/d/enlc

Stock_Titan Posted - 04/30/24

$ENLC EnLink Midstream Reports First Quarter 2024 Results https://www.stocktitan.net/news/ENLC/en-link-midstream-reports-first-quarter-2024-lu9ia53rdn84.html

Jacobt79 Posted - 04/29/24

$ENLC still holding will keep collecting my dividends till this hits 25

Infinity08 Posted - 04/29/24

$ENLC .

davooo Posted - 04/26/24

$ENLC From OilPrice; Oil prices are set to post a gain this week as a combination of inventory declines, a slowdown in U.S. manufacturing, and escalating tensions in the Middle East boost bullish sentiment. Investor sentiment and behavior, particularly from hedge funds and other money managers, significantly influenced the oil market trends. Over the past week, there was a notable shift in positions, as evidenced by movements in futures and options contracts. Fund managers increased their net long positions in Brent crude, indicating a bullish outlook on potential supply disruptions due to Middle Eastern tensions. However, the sentiment was not uniformly bullish across all petroleum markets. 👋

davooo Posted - 04/25/24

$ENLC From OilPrice: Positive notes for the bulls coming from StanChart, as they forecast that global oil demand will pick up strongly in May and June, exceeding 103 mb/d for the first time in May (at 103.15 mb/d), increasing further in June to 103.82 mb/d. The commodity experts have predicted global inventory draws of 1.53 mb/d in May and 1.69 mb/d in June, tightening physical spreads significantly. StanChart also says that OPEC is unlikely to increase output in the near-term thanks to the stall in the oil price rally despite having room for at least 1 mb/d of extra OPEC output in Q3 without increasing inventories. 😞

Avocado_smash Posted - 04/22/24

Ex Dividend 04/24 and 04/25 $REPX $KALU $LKFN $PSEC $ENLC

davooo Posted - 04/20/24

$ENLC From OilPrice: “During the quarter, we continued to benefit from our favorable exposure to the international markets, with remarkable year-on-year growth of 29% in the Middle East & Asia, in addition to growth of 18% in Europe & Africa,” Le Peuch added. Following an “exciting start to the year”, SLB expects growth momentum to continue, the executive noted. “The oil and gas industry continues to benefit from strong market fundamentals driven by a growing demand outlook. This is resulting in a significant baseload of activity, particularly in the international and offshore markets, closely aligned with the strengths of our business,” Le Peuch said. 🙏

davooo Posted - 04/19/24

$ENLC The total number of active drilling rigs for oil and gas in the United States rose this week, according to new data that Baker Hughes published on Friday, for an increase of 2. The total rig count fell by 2 to 619 this week, compared to 753 rigs this same time last year. The number of oil rigs rose by 5 this week. Oil rigs now stand at 511--down by 80 compared to this time last year. The number of gas rigs fell by 3 this week to 106, a loss of 53 active gas rigs from this time last year. Miscellaneous rigs stayed the same at 2. 🤔

davooo Posted - 04/17/24

$ENLC From OilPrice: Despite the IEA’s continued efforts to draw attention to the dire state of the energy industry and the need to make an imminent shift away from fossil fuels in favour of green alternatives, governments and private companies have continued to fund oil, gas and coal projects. Some are doing this because they view fossil fuels as necessary for energy security and others are doing it for the high revenues that oil and gas bring to the table. 🐶

DonCorleone77 Posted - 04/16/24

$ENLC Citi ups EnLink Midstream target, opens 'positive catalyst watch' Citi raised the firm's price target on EnLink Midstream to $16 from $13 and keeps a Buy rating on the shares. The anlayst also opened a "30-day positive catalyst watch" on the shares. The firm modestly increased its Oklahoma outlook to show modest growth in 2025-2026 and reflect what could be a stronger natural gas market. Second, the analyst now expects EnLink to take a lighter capex approach to carbon capture, transportation, and sequestration. The company is currently re-evaluating the Pecan Island project and could shift its focus to more economic projects available, the analyst tells investors in a research note. Citi expects any excess cash flow not spent on CCS to be deployed to the buyback program this year. It sees a positive CCS commercial update and the Pecan Island project with the Q1 report on May 1.

davooo Posted - 04/14/24

$ENLC Analysts like to stress the fact that high inflation kills oil demand. What they rarely mention these days is that this demand destruction is always limited—because oil is an essential commodity for any relatively industrialized economy on the planet. In other words, the interest rate cut disappointment that drove benchmarks lower earlier this week is not going to hold for very long because oil demand has repeatedly proven more resilient than many have expected—and hoped. By Irina Slav for Oilprice.comm 💐

davooo Posted - 04/13/24

$ENLC From OilPrice: The U.S. expects to hit more record highs The U.S. expects to hit more record highs for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050, which will produce a massive amount of greenhouse gas emissions. This strategy appears to be at odds with Biden’s ambitious climate pledges and could put Paris Agreement targets at risk on a global level. for crude production in 2024 and 2025, according to the U.S. Energy Information Administration (EIA). By the end of the year, U.S. oil production is expected to increase by 290,000 bpd to 13.21 million bpd. The government expects to continue to produce near-record levels of oil and gas up to 2050.🐣

davooo Posted - 04/12/24

$ENLC From OilPrice: "THIS SUCKS" The total number of active drilling rigs for oil and gas in the United States fell again this week, according to new data that Baker Hughes published on Friday, falling by 3. U.S. drillers saw a total loss of rigs this year of 5. The total rig count fell by 3 to 617 this week, compared to 751 rigs this same time last year. 🤔

Stock_Titan Posted - 04/11/24

$ENLC EnLink Midstream Declares Quarterly Distribution and Schedules Call to Discuss First Quarter 2024 Earnings https://www.stocktitan.net/news/ENLC/en-link-midstream-declares-quarterly-distribution-and-schedules-call-7yziwvb5e5vi.html

Stock_Titan Posted - 04/10/24

$ENLC Engineering Tomorrow Receives Support From Growing Number of Corporate Partners https://www.stocktitan.net/news/ENLC/engineering-tomorrow-receives-support-from-growing-number-of-qyizx4z360e6.html

davooo Posted - 04/08/24

$ENLC From OilPrice: Another interesting development: even the bears now recognize the energy sector’s momentum. To wit, Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral, noting that energy companies have lagged the performance of oil, and the sector remains favorably valued. With a PE ratio of 13.4, the U.S. energy sector is the cheapest of the 11 market sectors. However, the most important catalyst working in favor of the energy sector is robust market fundamentals. Commodity analysts at Standard Chartered have reported that fundamentals in the oil markets remain strong and can support Brent prices in the $90s. According to StanChart, there’s ample room for OPEC to increase output in Q3 without either causing inventories to rise or prices to weaken. 😴

fsantos9897 Posted - 1 month ago

$ENLC love it been a bit of a wait but i knew it would pull through

Jacobt79 Posted - 1 month ago

$ENLC one of my best Covid buys I’m up 160%

ac81 Posted - 1 month ago

$ENLC new 52-Week high great stock 👍

davooo Posted - 1 month ago

$ENLC Now focus is on the OPEC+ meeting today, where members are expected to stay the course of limited oil production until the end of June, at least. This means persistently tight supply that will likely push prices higher still, especially as neither Ukraine has any intention to stop droning Russian refineries nor Israel has any intention of changing course in what increasingly seems like a war on all anti-Israel groups in the Middle East. Even so, some analysts still expect lower prices—because of Chinese demand. “Brent oil futures should track closer to $75 to $80 a barrel in coming months given our view that China’s oil demand growth will disappoint,” Commonwealth Bank of Australia analyst Vivek Dhar told Bloomberg earlier today. This is an interesting expectation given the latest manufacturing figures out of Beijing that showed a pickup in activity—for the first time in six months. 🤔

davooo Posted - 03/31/24

$ENLC Upstream Expansion Fuels Optimism in the Oil & Gas Sector With oil prices steadily rising, upstream operations stand to benefit greatly. Companies in this sector are preparing to capitalize on the current market conditions by increasing investments in exploration and production activities. The projected increase in upstream oil and gas spending in 2024 reflects the growing confidence about the industry's future trajectory. This increased confidence is not purely speculative but instead based on a practical assessment of the world's rising energy demand.🍨

davooo Posted - 03/28/24

$ENLC Bullish on Energy Commodity analysts at Standard Chartered have noted that energy markets kicked off the new year with an overly pessimistic view of oil demand, and sees an oil price rally unfolding in the coming months. StanChart estimates that January oil demand clocked in at 100.24 million barrels per day (mb/d), good for a 2.67 mb/d year-over-year increase and 0.25 mb/d higher than StanChart’s latest forecast. StanChart has now revised its earlier 2024 demand growth forecast to 1.69 mb/d from 1.64 mb/d previously. The analysts have also predicted a sustained period of inventory draws in H1-2024, with the cumulative draw coming in at 185 mb compared with a H1-2023 build of 230 mb. StanChart has predicted that global demand will hit a new all-time high of 103.01 mb/d in May, with June setting a new record at 103.62 mb/d while August demand is expected to be even higher at 104.31 mb/d. StanChart says tightening oil markets will continue to power the oil price rally!💕💕

davooo Posted - 03/28/24

$ENLC The AI boom and Big Tech might be hogging all the media limelight right now, but the smart money is quietly piling into energy stocks. Indeed, the energy sector is the most crowded of all 11 U.S. market sectors, with the sector’s favorite benchmark, Energy Select Sector SPDR Fund (NYSEARCA:XLE) up 10.7% in the year-to-date compared to a 7.9% return by the Technology Select Sector SPDR Fund (NYSEARCA:XLK) and 9.4% gain by the S&P 500. But not everybody is bothered by the energy sector’s huge momentum. Morgan Stanley remains pessimistic about the U.S. stock market overall; however, MS has upgraded energy stocks to overweight from neutral, noting that energy companies have lagged the performance of oil, and the sector is favorably valued. “Taking the Fed’s recent messaging into account and assuming it is less concerned about inflation or looser financial conditions, commodity-oriented cyclicals and energy in particular could be due for a catch-up," they have said. 💕

Bjaccarini Posted - 03/28/24

$ENLC can anyone confirm if a second tender will take place ?

Avocado_smash Posted - 03/23/24

$FE $AEP $OGS $WEC $ENLC Energy Infrastructure High Yield https://www.buymeacoffee.com/avocadosmash/posts