EnLink Midstream LLC representing Limited Partner Interests (NYSE:ENLC) traded today at a new 52-week high of $6.74. Approximately 1.2 million shares have changed hands today, as compared to an average 30-day volume of 2.5 million shares.
Potential upside of 180.5% exists for EnLink Midstream LLC representing Limited Partner Interests, based on a current level of $6.71 and analysts’ average consensus price target of $18.83.
EnLink Midstream LLC is an integrated midstream company. The company’s operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. It generates maximum revenue from the Louisiana segment. The Louisiana segment includes natural gas pipelines, natural gas processing plants, storage facilities, fractionation facilities, and NGL assets.
In the past 52 weeks, shares of EnLink Midstream LLC representing Limited Partner Interests have traded between a low of $2.13 and a high of $6.74 and is now at $6.71, which is 215% above that low price.
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