Enlink Midstream (NASDAQ: XTXI) is one of 36 public companies in the “Oil & Gas Refining and Marketing” industry, but how does it contrast to its competitors? We will compare Enlink Midstream to related businesses based on the strength of its profitability, dividends, risk, earnings, institutional ownership, analyst recommendations and valuation.
Institutional and Insider Ownership
48.1% of shares of all “Oil & Gas Refining and Marketing” companies are owned by institutional investors. 11.7% of shares of all “Oil & Gas Refining and Marketing” companies are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This table compares Enlink Midstream and its competitors’ net margins, return on equity and return on assets.
|Net Margins||Return on Equity||Return on Assets|
|Enlink Midstream Competitors||0.54%||4.75%||2.05%|
Valuation & Earnings
This table compares Enlink Midstream and its competitors top-line revenue, earnings per share (EPS) and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Enlink Midstream Competitors||$45.34 billion||$1.76 billion||270.27|
Enlink Midstream’s competitors have higher revenue and earnings than Enlink Midstream. Enlink Midstream is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
This is a breakdown of current recommendations and price targets for Enlink Midstream and its competitors, as provided by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Enlink Midstream Competitors||443||1931||2522||124||2.46|
As a group, “Oil & Gas Refining and Marketing” companies have a potential upside of 16.33%. Given Enlink Midstream’s competitors higher probable upside, analysts clearly believe Enlink Midstream has less favorable growth aspects than its competitors.
Enlink Midstream competitors beat Enlink Midstream on 8 of the 8 factors compared.
About Enlink Midstream
Enlink Midstream Partners, L.P. is engaged, through its subsidiaries, in the gathering, transmission, processing and marketing of natural gas and natural gas liquids (NGLs). The Company connects the wells of natural gas producers in the geographic areas of its gathering systems in order to gather for a fee or purchase the gas production, processes natural gas for the removal of NGLs, transports natural gas and NGLs and ultimately provides natural gas and NGLs to a variety of markets. In addition, it purchases natural gas and NGLs from producers not connected to its gathering systems for resale and markets natural gas and NGLs on behalf of producers for a fee. Its partnership interests consist of 19.7% limited partner interest in Crosstex Energy, L.P. (the Partnership), as of December 31, 2012, and 100% ownership interest in Crosstex Energy GP, LLC, the general partner of the Partnership, which owns a 2.0% general partner interest and all of the distribution rights in the Partnership.
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