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EnLink Midstream LLC (EnLink Midstream LLC) GF Value Rank : 3 (As of May. 08, 2024)


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What is EnLink Midstream LLC GF Value Rank?

EnLink Midstream LLC has the GF Value Rank of 3.

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.


Competitive Comparison of EnLink Midstream LLC's GF Value Rank

For the Oil & Gas Midstream subindustry, EnLink Midstream LLC's GF Value Rank, along with its competitors' market caps and GF Value Rank 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 GF Value Rank Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EnLink Midstream LLC's GF Value Rank distribution charts can be found below:

* The bar in red indicates where EnLink Midstream LLC's GF Value Rank falls into.



EnLink Midstream LLC GF Value Rank Related Terms

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EnLink Midstream LLC (EnLink Midstream LLC) Business Description

Traded in Other Exchanges
Address
1722 Routh Street, Suite 1300, Dallas, TX, USA, 75201
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