Shares of EnLink Midstream LLC representing Limited Partner Interests (NYSE:ENLC) traded today at $7.44, eclipsing its 52-week high. This new high was reached on below average trading volume as 580,000 shares traded hands, while the average 30-day volume is approximately 2.8 million shares.
Potential upside of 130.0% exists for EnLink Midstream LLC representing Limited Partner Interests, based on a current level of $7.44 and analysts' average consensus price target of $17.11.
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 $2.34 and a high of $7.44 and is now at $7.44, which is 218% above that low price.
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