Wall Street brokerages expect EnLink Midstream Partners, LP (NYSE:ENLK) to announce $0.01 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for EnLink Midstream Partners,’s earnings, with the highest EPS estimate coming in at $0.08 and the lowest estimate coming in at ($0.06). EnLink Midstream Partners, reported earnings of ($0.03) per share during the same quarter last year, which would indicate a positive year over year growth rate of 133.3%. The firm is expected to announce its next quarterly earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that EnLink Midstream Partners, will report full-year earnings of $0.08 per share for the current year, with EPS estimates ranging from ($0.05) to $0.24. For the next year, analysts expect that the firm will report earnings of $0.30 per share, with EPS estimates ranging from $0.03 to $0.80. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that cover EnLink Midstream Partners,.

A number of equities research analysts have recently issued reports on ENLK shares. Zacks Investment Research raised shares of EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Tuesday, July 18th. BidaskClub raised shares of EnLink Midstream Partners, from a “sell” rating to a “hold” rating in a research report on Wednesday, July 19th. ValuEngine downgraded shares of EnLink Midstream Partners, from a “hold” rating to a “sell” rating in a research report on Thursday, June 8th. Jefferies Group LLC reissued a “hold” rating and set a $16.00 price objective (down previously from $17.00) on shares of EnLink Midstream Partners, in a research report on Sunday, September 3rd. Finally, Morgan Stanley downgraded shares of EnLink Midstream Partners, from an “overweight” rating to an “equal” rating and cut their price objective for the company from $20.00 to $19.00 in a research report on Thursday, June 15th. One research analyst has rated the stock with a sell rating, six have given a hold rating and three have given a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $18.17.

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Several hedge funds have recently modified their holdings of the company. OppenheimerFunds Inc. boosted its holdings in EnLink Midstream Partners, by 1.1% in the 1st quarter. OppenheimerFunds Inc. now owns 12,147,428 shares of the oil and gas producer’s stock worth $222,298,000 after buying an additional 134,690 shares during the period. Alps Advisors Inc. boosted its holdings in EnLink Midstream Partners, by 5.9% in the 2nd quarter. Alps Advisors Inc. now owns 11,839,995 shares of the oil and gas producer’s stock worth $200,806,000 after buying an additional 661,122 shares during the period. Morgan Stanley boosted its holdings in EnLink Midstream Partners, by 4.3% in the 1st quarter. Morgan Stanley now owns 6,071,147 shares of the oil and gas producer’s stock worth $111,102,000 after buying an additional 251,281 shares during the period. Chickasaw Capital Management LLC boosted its holdings in EnLink Midstream Partners, by 1.7% in the 2nd quarter. Chickasaw Capital Management LLC now owns 5,848,293 shares of the oil and gas producer’s stock worth $99,187,000 after buying an additional 95,528 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in EnLink Midstream Partners, by 812.9% in the 2nd quarter. Principal Financial Group Inc. now owns 3,766,053 shares of the oil and gas producer’s stock worth $63,872,000 after buying an additional 3,353,523 shares during the period. 41.67% of the stock is owned by hedge funds and other institutional investors.

Shares of EnLink Midstream Partners, (ENLK) traded down 1.03% during trading on Wednesday, reaching $16.29. The company’s stock had a trading volume of 724,964 shares. EnLink Midstream Partners, has a one year low of $14.43 and a one year high of $19.59. The company’s market capitalization is $5.66 billion. The firm’s 50-day moving average price is $15.82 and its 200-day moving average price is $17.06.

About EnLink Midstream Partners,

EnLink Midstream Partners, LP is a midstream company. The Company’s business activities are conducted through its subsidiary, EnLink Midstream Operating, LP (the Operating Partnership) and the subsidiaries of the Operating Partnership. The Company operates through five segments: Texas, Oklahoma, Louisiana, Crude and Condensate, and Corporate.

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