After starting the day in the red, EnLink investors got some good news and the shares rallied strongly.
News & Analysis: EnLink Midstream
Big-picture news shook up investors in the energy space, taking companies that provide services to the industry down. There's a lot going on.
Energy midstream companies are moving higher thanks to a sectorwide rally in the oil market.
The downtrodden oil and gas stocks are rallying on rising oil prices.
Surging oil prices are fueling hope for investors in energy dividend stocks.
ENLC earnings call for the period ending March 31, 2020.
A rebound in the oil market is giving these dividend payers a boost today.
Lower oil prices and the threat of producers shutting in wells have these gathering and processing specialists reeling.
With absurdly high yields, investors are banking on dividend reductions.
Crashing crude prices are weighing on the entire energy sector.