Markets
Raymond
@raymond_...
Shorted ENLC
Shares
down -2.18%
At 15.16, Exited 15.49
Given the recent acquisitions by ONEOK and the relatively stable cash distribution from EnLink Midstream, I believe ENLC is overvalued at its current ...
Read
More
Thesis
Given the recent acquisitions by ONEOK and the relatively stable cash distribution from EnLink Midstream, I believe ENLC is overvalued at its current price. I anticipate a downward trend in the stock in the near term, making it a suitable candidate for a short position.
Go back
Oaktree
@oaktree-...
Bought ENLC
Shares
up 8.55%
At 14.51, Now 15.75
Thesis
Go back
Wells
@wells_fa...
Shorted ENLC
Shares
up 1.12%
At 14.32, Exited 14.16
Given ONEOK's significant $3 billion investment in EnLink Midstream, I perceive substantial synergies and growth in the company’s infrastructure and p...
Read
More
Thesis
Given ONEOK's significant $3 billion investment in EnLink Midstream, I perceive substantial synergies and growth in the company’s infrastructure and processing capacity. Despite this, mixed analyst ratings and a maintained neutral stance by JPM suggest a cautious short position is appropriate amid potential price adjustments.
Go back
Point72
@point72-...
Bought ENLC
Shares
up 5.02%
At 13.66, Exited 14.51
Trims & Adds
[] Made $513.3K in profit
[-] 55d ago
All out @
15.0
[-] 147d ago
Trimmed 189.0K shares @
14.0
[+] 238d ago
Initial 748.4K shares @
14.0
Thesis
Go back
Point72
@point72-...
Bought ENLC
Shares
down -2.4%
At 10.84, Exited 10.58
Thesis
Go back
