Enable Midstream Partners LP (Enable Midstream Partners LP) GF Value Rank : 0 (As of May. 05, 2024)

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What is Enable Midstream Partners LP GF Value Rank?

Enable Midstream Partners LP has the GF Value Rank of 0.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Enable Midstream Partners LP GF Value Rank Related Terms

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Enable Midstream Partners LP (Enable Midstream Partners LP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enable Midstream Partners LP (NYSE:ENBL) » Definitions » GF Value Rank

Comparable Companies

VNOM HEP FRO NS ETRN PAGP RTLR BPMP AM DCP TSX:ENB EPD TSX:TRP KMI WMB ET MPLX CQP OKE TSX:PPL

Traded in Other Exchanges

N/A

Address

499 West Sheridan Avenue, Suite 1500, Oklahoma City, OK, USA, 73102

Website

http://www.enablemidstream.com

Enable Midstream Partners LP is a US-based company which owns, operates and develops strategically located natural gas and crude oil infrastructure assets. The company's emerging production areas in the United States include several shale resource plays and local and regional end-user markets in the United States. The company's assets and operations are organized into two business segments, Gathering and Processing, which provides natural gas gathering, processing and fractionation services and crude oil gathering for its producer customers, and Transportation and Storage, which provides interstate and intrastate natural gas pipeline transportation and storage service to natural gas producers, utilities and industrial customers.

Executives

Sarah R. Stafford	director	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
Charles B Walworth	director	C/O OGE ENERGY CORP., PO BOX 321, OKLAHOMA CITY OK 73101
Luke R Corbett	director	P O BOX 321, OKLAHOMA CITY OK 73101
Monica Karuturi	director	1111 LOUISIANA STREET #4600, HOUSTON TX 77002
Robert G Gwin	director	1201 LAKE ROBBINS DR, THE WOODLANDS TX 77380
R A Walker	director	1201 LAKE ROBBINS DRIVE, THE WOODLANDS TX 77380
Kristie Colvin	director	1111 LOUISIANA, HOUSTON TX 77002
Sean Trauschke	director	P.O. BOX 321, OKLAHOMA CITY OK 73101
Thomas L Levescy	officer: Chief Accounting Officer	ONE LEADERSHIP SQUARE 211 NORTH ROBINSON AVENUE SUITE 950 OKLAHOMA CITY OK 73102
Tina Veronica Faraca	officer: Chief Commercial Officer	101 BIG TRAIL CIRCLE MISSOURI CITY TX 77459
Deanna Farmer	officer: Chief Admistrative Officer	ONE LEADERSHIP SQUARE 211 N. ROBINSON AVE., SUITE 950 OKLAHOMA CITY OK 73102
John Paul Laws	officer: Chief Financial Officer	ONE LEADERSHIP SQUARE SUITE 150 211 NORTH ROBINSON AVENUE OKLAHOMA CITY OK 73102
Mark C Schroeder	officer: General Counsel	ONE LEADERSHIP SQUARE 211 NORTH ROBINSON AVENUE, SUITE 950 OKLAHOMA CITY OK 73102
Rodney Sailor	director, officer: Chief Executive Officer	ONE WILLIAMS CENTER, TULSA OK 74172
Somerhalder John W Ii	director	76 SOUTH MAIN STREET, AKRON OH 44308