|Bid||0.00 x 3100|
|Ask||0.00 x 800|
|Day's range||6.70 - 7.04|
|52-week range||1.61 - 7.19|
|Beta (5Y monthly)||2.63|
|PE ratio (TTM)||57.23|
|Earnings date||04 May 2021 - 10 May 2021|
|Forward dividend & yield||0.66 (9.87%)|
|Ex-dividend date||19 Feb 2021|
|1y target est||6.71|
At this time, I would like to welcome everyone to the Enable Midstream fourth-quarter 2020 earnings conference call and webcast. Presenting on this morning's call are Rod Sailor, our president and CEO; and John Laws, our chief financial officer.
Enable Midstream Partners, LP (NYSE: ENBL) today announced financial and operating results for fourth quarter and year-end 2020.
Energy Transfer (NYSE: ET) has agreed to acquire Enable Midstream Partners (NYSE: ENBL) in an all-equity transaction valued at $7.2 billion. The deal will enhance the master limited partnership's (MLP) midstream infrastructure footprint throughout the mid-continent and Gulf Coast regions. Energy Transfer is offering 0.8595 of its units for each unit of Enable Midstream, implying an at-the-market transaction with no deal premium.