With a price/earnings ratio of 247.35, Enable Midstream Partners LP P/E ratio is greater than that of about 96.68% of stocks in our set with positive earnings.
Of note is the ratio of Enable Midstream Partners LP's sales and general administrative expense to its total operating expenses; only 7.22% of US stocks have a lower such ratio.
Enable Midstream Partners LP's shareholder yield -- a measure of how much capital is returned to stockholders via dividends and buybacks -- is 22.11%, greater than the shareholder yield of 91.13% of stocks in our set.
Stocks with similar financial metrics, market capitalization, and price volatility to Enable Midstream Partners LP are KRG, DEA, HTA, HPP, and OMP.
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:
We started the process of determining a valid price forecast for Enable Midstream Partners LP with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Enable Midstream Partners LP ranked in the 86th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 823.5% 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 77.85% of positive cash flow stocks in the Energy.
37% of the company's capital comes from equity, which is greater than just 11.36% 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 merely 0% of US stocks with positive free cash flow.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Energy that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as ENBL, try TGP, SUN, CELP, CNQ, and PAA.
Enable Midstream Partners, LP (NYSE: ENBL) will release fourth quarter and year-end 2020 financial results before market hours Wednesday, Feb. 24, and will host a conference call at 10 a.m. EST (9 a.m. CST) that day to discuss the results.
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OKLAHOMA CITY--(BUSINESS WIRE)--Enable Midstream Partners, LP (NYSE: ENBL) today announced financial and operating results for third quarter 2020. Net loss attributable to limited partners was $164 million for third quarter 2020, a decrease of $296 million compared to $132 million of net income for third quarter 2019. Net loss attributable to common units was $173 million for third quarter 2020, a decrease of $296 million compared to $123 million of net income for third quarter 2019. Enable’s n