Enable Midstream Partners, LP Common Units representing limited partner interests (ENBL) Company Bio
Enable Midstream Partners LP owns, operates, and develops natural gas and crude oil infrastructure assets in the United States. It operates through two segments, Gathering and Processing, and Transportation and Storage. The company was founded in 2013 and is based in Oklahoma City, Oklahoma.
ENBL Price Forecast Based on DCF Valuation
DCF Fair Value Target:
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Enable Midstream Partners LP. To summarize, we found that Enable Midstream Partners LP ranked in the 85th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 981.67% on a DCF basis. The most interesting components of our discounted cash flow analysis for Enable Midstream Partners LP ended up being:
As a business, ENBL is generating more cash flow than 78.29% of positive cash flow stocks in the Energy.
35% of the company's capital comes from equity, which is greater than merely 13.17% of stocks in our cash flow based forecasting set.
Enable Midstream Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
Want more companies with a valuation profile/forecast similar to that of Enable Midstream Partners LP? See INT, SUN, ENB, SHLX, and GPRK.
OGE Energy Corp. (OGE) is basically the Oklahoma Gas & Electric ("OG&E") company with a sizeable stake in Enable Midstream Partners (ENBL). OGE contributed all of its interstate pipelines and field service business to the Enable partnership, which was formed in 2013 with two other companies. As a result, OGE...
Michael Fitzsimmons on Seeking Alpha | September 21, 2020
Moody's Investors Service, ("Moody's") placed Southeast Supply Header, LLC's (SESH) Baa3 senior unsecured rating on review for downgrade. Additionally, SESH has a capacity contract expiring on 5 September 2022 with Duke Energy Florida, LLC. (A3 stable), about 14% of total capacity, and will enter a notification period in September 2020. "We see a loss of roughly 500,000 dekatherms a day will drop revenue in half and SESH's ratio of cash flow to debt could fall into the mid-single digit range," stated Edna Marinelarena, Moody's analyst.
Enable Midstream Partners, LP (NYSE: ENBL) will release second quarter 2020 financial results before market hours Wednesday, Aug. 5, and will host a conference call at 10 a.m. EDT (9 a.m. CDT) that day to discuss the results.
In this article we will check out the progression of hedge fund sentiment towards Enable Midstream Partners LP (NYSE:ENBL) and determine whether it is a good investment right now. We at Insider Monkey like to examine what billionaires and hedge funds think of a company before spending days of research on it. Given their 2 […]