Analyzing Enable Midstream Partners, (ENBL) and The Competition
Enable Midstream Partners, (NYSE: ENBL) is one of 53 publicly-traded companies in the “Oil & Gas Transportation Services” industry, but how does it contrast to its competitors? We will compare Enable Midstream Partners, to similar companies based on the strength of its earnings, profitability, institutional ownership, analyst recommendations, dividends, valuation and risk.
Earnings & Valuation
This table compares Enable Midstream Partners, and its competitors gross revenue, earnings per share and valuation.
|Gross Revenue||EBITDA||Price/Earnings Ratio|
|Enable Midstream Partners,||$2.53 billion||$846.00 million||18.34|
|Enable Midstream Partners, Competitors||$5.66 billion||$1.31 billion||38.61|
Insider & Institutional Ownership
18.0% of Enable Midstream Partners, shares are owned by institutional investors. Comparatively, 57.2% of shares of all “Oil & Gas Transportation Services” companies are owned by institutional investors. 9.2% of shares of all “Oil & Gas Transportation Services” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
This is a breakdown of recent ratings for Enable Midstream Partners, and its competitors, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Enable Midstream Partners,||1||3||3||0||2.29|
|Enable Midstream Partners, Competitors||270||1735||2327||84||2.50|
Enable Midstream Partners, currently has a consensus price target of $17.05, indicating a potential upside of 8.12%. As a group, “Oil & Gas Transportation Services” companies have a potential upside of 17.55%. Given Enable Midstream Partners,’s competitors stronger consensus rating and higher possible upside, analysts clearly believe Enable Midstream Partners, has less favorable growth aspects than its competitors.
Enable Midstream Partners, pays an annual dividend of $1.27 per share and has a dividend yield of 8.1%. Enable Midstream Partners, pays out 147.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Oil & Gas Transportation Services” companies pay a dividend yield of 6.4% and pay out 172.0% of their earnings in the form of a dividend. Enable Midstream Partners, has increased its dividend for 2 consecutive years. Enable Midstream Partners, is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.
This table compares Enable Midstream Partners, and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Enable Midstream Partners,||15.20%||5.19%||3.43%|
|Enable Midstream Partners, Competitors||17.34%||14.24%||5.50%|
Volatility & Risk
Enable Midstream Partners, has a beta of 1.98, suggesting that its share price is 98% more volatile than the S&P 500. Comparatively, Enable Midstream Partners,’s competitors have a beta of 1.39, suggesting that their average share price is 39% more volatile than the S&P 500.
Enable Midstream Partners, competitors beat Enable Midstream Partners, on 12 of the 15 factors compared.
About Enable Midstream Partners,
Enable Midstream Partners LP owns, operates and develops midstream energy infrastructure assets strategically located to serve its customers. The Company operates in two business segments: Gathering and Processing, and Transportation and Storage. Its gathering and processing segment primarily provides natural gas and crude oil gathering and natural gas processing services to its producer customers. Its transportation and storage segment provides interstate and intrastate natural gas pipeline transportation and storage services primarily to its producer, power plant, Local distribution company (LDC) and industrial end user customers. As of December 31, 2016, the Company owned and operated natural gas and crude oil gathering and natural gas processing assets in five states. As of December 31, 2016, the Company owned and operated interstate and intrastate transportation and storage systems across nine states.
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