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Compare · ENBL vs ETRN

ENBL vs ETRN

Side-by-side comparison of Enable Midstream Partners, LP (ENBL) and Equitrans Midstream Corporation (ETRN): market cap, price performance, sector, and recent activity on the wire.

Summary

  • ENBL operates in Public Utilities, while ETRN operates in Utilities - the two are in different parts of the market.
  • ETRN is the larger of the two at $3.53B, about 1.1x ENBL ($3.30B).
  • ETRN has more recent analyst coverage (24 ratings vs 0 for ENBL).
MetricENBLETRN
Company
Enable Midstream Partners, LP
Equitrans Midstream Corporation
Price
$7.05+1.44%
$12.51+1.30%
Market cap
$3.30B
$3.53B
1M return
-
-
1Y return
-
-
Industry
Natural Gas Distribution
Natural Gas Distribution
Exchange
NYSE
NYSE
IPO
2014
2018
News (4w)
0
0
Recent ratings
0
24
ENBL

Enable Midstream Partners, LP

Enable Midstream Partners, LP owns, operates, and develops midstream energy infrastructure assets in the United States. The company operates in two segments, Gathering and Processing; and Transportation and Storage. The Gathering and Processing segment provides natural gas gathering and processing services in the Anadarko, Arkoma, and Ark-La-Tex basins, as well as crude oil gathering services in the Anadarko and Williston basins for its producer customers. The Transportation and Storage segment offers interstate and intrastate natural gas pipeline transportation and storage services to producer, power plant, local distribution company, and industrial end-user customers. The company's natural gas gathering and processing assets are located in Oklahoma, Texas, Arkansas, and Louisiana; crude oil gathering assets are located in Oklahoma and North Dakota; and natural gas transportation and storage assets extend from western Oklahoma and the Texas Panhandle to Louisiana, from Louisiana to Illinois, in Oklahoma, and from Louisiana to Alabama. As of December 31, 2020, it had a portfolio of midstream energy infrastructure assets included approximately 14,000 miles of gathering pipelines; 15 processing plants with 2.6 billion cubic feet per day of processing capacity; approximately 7,800 miles of interstate pipelines; approximately 2,200 miles of intrastate pipelines; and 7 natural gas storage facilities with 84.5 billion cubic feet of storage capacity. The company was founded in 2013 and is based in Oklahoma City, Oklahoma. Enable Midstream Partners, LP is a subsidiary of CenterPoint Energy, Inc.

ETRN

Equitrans Midstream Corporation

Equitrans Midstream Corporation owns, operates, acquires, and develops natural gas gathering, transmission and storage, and water services assets in the Appalachian Basin. It operates through three segments: Gathering System, Transmission and Storage System, and Water Service System. The Gathering System segment include 1,130 miles of high-pressure gathering lines with compression of approximately 485,000 horsepower and multiple interconnect points; and approximately 910 miles of Federal Energy Regulatory Commission (FERC) low-pressure gathering lines. The Transmission and Storage System segment comprises 950 miles of FERC regulated interstate pipeline that connects to seven interstate pipelines and local distribution companies. The Water Service System segment include two independent systems comprised approximately 200 miles of pipeline that deliver fresh water from the Monongahela River, the Ohio River, local reservoirs, and various regional waterways. Equitrans Midstream Corporation was incorporated in 2018 and is headquartered in Canonsburg, Pennsylvania.