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EnLink Midstream (ENLC) Looks Good: Stock Adds 8.8% in Session

EnLink Midstream, LLCENLC was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $15.30 -$16.60 in the past one-month time frame, showed a sharp increase yesterday to $17.35.

The move came after the company reported solid second-quarter 2018 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

EnLink Midstream currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

EnLink Midstream, LLC Price

EnLink Midstream, LLC Price | EnLink Midstream, LLC Quote

A better-ranked stock in the Oil and Gas - Refining and Marketing industry is Delek US Holdings, Inc. DK , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today's Zacks #1 (Strong Buy) Rank stocks here .

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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