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. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 1/6 |
| Past Performance | 2/6 |
| Financial Health | 2/6 |
| Dividends | 3/6 |
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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 19Shareholder Returns
| SHLX | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | 0% | 3.3% | 5.3% |
| 1Y | 27.3% | -5.9% | 11.9% |
Return vs Industry: SHLX exceeded the US Oil and Gas industry which returned 13.9% over the past year.
Return vs Market: SHLX underperformed the US Market which returned 29.6% over the past year.
Price Volatility
| SHLX volatility | |
|---|---|
| SHLX Average Weekly Movement | 2.9% |
| Oil and Gas Industry Average Movement | 8.1% |
| Market Average Movement | 8.1% |
| 10% most volatile stocks in US Market | 16.9% |
| 10% least volatile stocks in US Market | 4.1% |
Stable Share Price: SHLX has not had significant price volatility in the past 3 months compared to the US market.
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 comparisonDividends
7.6%
Current Dividend Yield97%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/19 14:15 |
| End of Day Share Price | 2022/10/18 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shell Midstream Partners, L.P. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Zarahn | Barclays |
| Derek Walker | BofA Global Research |
| Ryan Levine | Citigroup Inc |