This company has been acquired
SHLX Stock Overview
Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream, and logistics assets in the United States.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 2/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
Shell Midstream Partners, L.P. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$15.82 |
| 52 Week High | US$16.08 |
| 52 Week Low | US$10.76 |
| Beta | 1.21 |
| 1 Month Change | 0.13% |
| 3 Month Change | 9.41% |
| 1 Year Change | 27.27% |
| 3 Year Change | -23.39% |
| 5 Year Change | -38.13% |
| Change since IPO | -52.35% |
Recent News & Updates
Recent updates
Shell Midstream Partners declares $0.30 dividend
Jul 21Shell Midstream Going Private Gives Investors A Low-Risk Opportunity
Jul 12Shell Midstream: Prime Assets, Subprime Valuation
Feb 02Shell Midstream Partners: Higher Distributions Would Do More Harm Than Good
Nov 22Shell Midstream Partners: Time To Buy With Dust Now Settling, Intrinsic Value 30%+ Higher
Sep 15Shell Midstream Cuts The Distribution
Aug 29Shell Midstream: Post Distribution Cut, Still A Wait And See
Jul 27Shell Midstream Partners: High Stakes For Their 13% Yield Heading Into Their Q2 Earnings
Jul 19Biden turns to emergency powers to counter Colonial Pipeline disruption
May 10Shell Midstream Partners: Distributions Looking Health But Management Still Won't Commit
Dec 22Shell Midstream Partners earnings hit by the pandemic, storms
Oct 30Shell Midstream Partners Q3 2020 Earnings Preview
Oct 29Shareholder Returns
| SHLX | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0% | 2.3% | 1.2% |
| 1Y | 27.3% | 16.0% | 24.7% |
Return vs Industry: SHLX underperformed the US Oil and Gas industry which returned 40.6% over the past year.
Return vs Market: SHLX exceeded the US Market which returned -24.8% over the past year.
Price Volatility
| SHLX volatility | |
|---|---|
| SHLX Average Weekly Movement | 2.9% |
| Oil and Gas Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.6% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: SHLX has not had significant price volatility in the past 3 months.
Volatility Over Time: SHLX's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2014 | n/a | Steve Ledbetter | www.shellmidstreampartners.com |
Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream, and logistics assets in the United States. It owns interests in crude oil and refined products pipelines and terminals to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets. The company stores and transports crude oil, refined, natural gas, and refinery gas products for various customers, including producers, refiners, marketers, and traders, as well as to other crude oil and refined products pipelines through its pipelines and storage tanks.
Shell Midstream Partners, L.P. Fundamentals Summary
| SHLX fundamental statistics | |
|---|---|
| Market cap | US$6.22b |
| Earnings (TTM) | US$489.00m |
| Revenue (TTM) | US$553.00m |
12.7x
P/E Ratio11.3x
P/S RatioIs SHLX overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| SHLX income statement (TTM) | |
|---|---|
| Revenue | US$553.00m |
| Cost of Revenue | US$215.00m |
| Gross Profit | US$338.00m |
| Other Expenses | -US$151.00m |
| Earnings | US$489.00m |
Last Reported Earnings
Jun 30, 2022
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.24 |
| Gross Margin | 61.12% |
| Net Profit Margin | 88.43% |
| Debt/Equity Ratio | -576.4% |
How did SHLX perform over the long term?
See historical performance and comparison