Shell Midstream Partners, L.P.

NYSE:SHLX Stock Report

Market Cap: US$6.2b

This company has been acquired

The company may no longer be operating, as it has been acquired. Find out why through their latest events.

Shell Midstream Partners Future Growth

Future criteria checks 1/6

Shell Midstream Partners's revenue is forecast to decline at 1.9% per annum while its annual earnings are expected to grow at 13.7% per year. EPS is expected to grow by 6.6% per annum.

Key information

13.7%

Earnings growth rate

6.63%

EPS growth rate

Oil and Gas earnings growth12.8%
Revenue growth rate-1.9%
Future return on equityn/a
Analyst coverage

Low

Last updatedn/a

Recent future growth updates

Recent updates

Shell Midstream Partners declares $0.30 dividend

Jul 21

Shell Midstream Going Private Gives Investors A Low-Risk Opportunity

Jul 12

Shell Midstream: Prime Assets, Subprime Valuation

Feb 02

Shell Midstream Partners: Higher Distributions Would Do More Harm Than Good

Nov 22

Shell Midstream Partners: Time To Buy With Dust Now Settling, Intrinsic Value 30%+ Higher

Sep 15

Shell Midstream Cuts The Distribution

Aug 29

Shell Midstream: Post Distribution Cut, Still A Wait And See

Jul 27

Shell Midstream Partners: High Stakes For Their 13% Yield Heading Into Their Q2 Earnings

Jul 19

Earnings and Revenue Growth Forecasts

NYSE:SHLX - Analysts future estimates and past financials data (USD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20235476497607232
12/31/20225796036817071
6/30/2022553489588602N/A
3/31/2022552503591603N/A
12/31/2021556508601612N/A
9/30/2021545533619636N/A
6/30/2021527541625647N/A
3/31/2021499520633654N/A
12/31/2020481452623650N/A
9/30/2020477421618642N/A
6/30/2020492403645668N/A
3/31/2020493359574609N/A
12/31/2019503381559597N/A
9/30/2019520397555597N/A
6/30/2019548404529577N/A
3/31/2019556398498548N/A
12/31/2018525330458507N/A
9/30/2018509294401454N/A
6/30/2018478237368425N/A
3/31/2018461209369425N/A
12/31/2017470231374432N/A
9/30/2017535225468527N/A
6/30/2017495219430482N/A
3/31/2017470226421473N/A
12/31/2016453220383429N/A
9/30/2016346215274307N/A
6/30/2016360219282313N/A
3/31/2016353191N/A283N/A
12/31/2015486162N/A396N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: SHLX's forecast earnings growth (13.7% per year) is above the savings rate (2%).

Earnings vs Market: SHLX's earnings (13.7% per year) are forecast to grow slower than the US market (15.3% per year).

High Growth Earnings: SHLX's earnings are forecast to grow, but not significantly.

Revenue vs Market: SHLX's revenue is expected to decline over the next 3 years (-1.9% per year).

High Growth Revenue: SHLX's revenue is forecast to decline over the next 3 years (-1.9% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if SHLX's Return on Equity is forecast to be high in 3 years time

Discover growth companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2022/10/19 21:24
End of Day Share Price 2022/10/18 00:00
Earnings2022/06/30
Annual Earnings2021/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

AnalystInstitution
Brian ZarahnBarclays
Derek WalkerBofA Global Research
Ryan LevineCitigroup Inc