EnLink Midstream LLC (EnLink Midstream LLC) 5-Year Yield-on-Cost % : 1.43 (As of Apr. 27, 2024)

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What is EnLink Midstream LLC 5-Year Yield-on-Cost %?

EnLink Midstream LLC's yield on cost for the quarter that ended in Dec. 2023 was 1.43.

The historical rank and industry rank for EnLink Midstream LLC's 5-Year Yield-on-Cost % or its related term are showing as below:

ENLC' s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.45 Med: 2.13 Max: 43.67
Current: 1.43

During the past 13 years, EnLink Midstream LLC's highest Yield on Cost was 43.67. The lowest was 0.45. And the median was 2.13.

ENLC's 5-Year Yield-on-Cost % is ranked worse than
84.76% of 492 companies
in the Oil & Gas industry
Industry Median: 4.72 vs ENLC: 1.43

Competitive Comparison of EnLink Midstream LLC's 5-Year Yield-on-Cost %

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

EnLink Midstream LLC's 5-Year Yield-on-Cost % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EnLink Midstream LLC's 5-Year Yield-on-Cost % distribution charts can be found below:

* The bar in red indicates where EnLink Midstream LLC's 5-Year Yield-on-Cost % falls into.

EnLink Midstream LLC 5-Year Yield-on-Cost % Calculation

Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.

Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.

Therefore, Yield-on-Cost of EnLink Midstream LLC is calculated as

Yield-on-Cost

Dividend Yield %

Dividend Growth Rate)^5

EnLink Midstream LLC (NYSE:ENLC) 5-Year Yield-on-Cost % Explanation

Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.

EnLink Midstream LLC 5-Year Yield-on-Cost % Related Terms

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EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EnLink Midstream LLC (NYSE:ENLC) » Definitions » 5-Year Yield-on-Cost %

Comparable Companies

DTM AM ETRN FRO STNG PAGP VNOM NS HESM INSW TSX:ENB EPD ET WMB OKE MPLX TSX:TRP KMI LNG TRGP

Traded in Other Exchanges

0E41:Germany

Address

1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201

Website

https://www.enlink.com

EnLink Midstream LLC is an integrated midstream company. The company's operating segment includes Permian; North Texas; Oklahoma; Louisiana and Corporate. The company 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.

Executives

Adam S Forman	officer: EVP and General Counsel	1001 LOUISIANA STREET, SUITE 1000, HOUSTON TX 77002
Dilanka Seimon	officer: EVP and CCO	1722 ROUTH STREET, DALLAS TX 75201
Alaina K Brooks	officer: SVP, General Counsel	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Jan Philipp Rossbach	officer: VP & Chief Accounting Officer	1722 ROUTH STREET, SUITE 1300, DALLAS TX 75201
Benjamin D Lamb	officer: SVP-Finance & Corporate Dev.	2501 CEDAR SPRINGS, SUITE 100, DALLAS TX 75201
Walter Pinto	officer: EVP and COO	1722 ROUTH STREET, DALLAS TX 75201
Kyle D Vann	director	11 HEPPLEWHITE WAY, THE WOODLANDS TX 77382
Jesse Arenivas	director, officer: Chief Executive Officer	1001 LOUISIANA, SUITE 1000, HOUSTON TX 77002
Benjamin M Daniel	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Tiffany Thom Cepak	director	C/O PATTERSON-UTI ENERGY, INC., 10713 WEST SAM HOUSTON PARKWAY NORTH, SU, HOUSTON TX 77064
Goldman Sachs Group Inc	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Wsip Egypt Holdings, Lp	10 percent owner	200 WEST STREET, NEW YORK NY 10282
Richard P Schifter	director	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Scott E Telesz	director	39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Pablo G. Mercado,	officer: EVP and CFO	920 MEMORIAL CITY WAY, SUITE 800, HOUSTON TX 77024