Shell Midstream Partners (SHLX) Stock Price, News & Analysis

Company Overview

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 GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was incorporated in 2014 and is headquartered in Houston, Texas. Shell Midstream Partners, L.P. is a subsidiary of Shell Pipeline Company LP.

Key Stats

• Today's Range: $15.82 to $15.82
• 50-Day Range: $15.80 to $15.85
• 52-Week Range: $10.76 to $16.08
• Volume: N/A
• Average Volume: 1.88 million shs
• Market Capitalization: $6.22 billion
• P/E Ratio: 13.07
• Dividend Yield: 7.59%
• Price Target: N/A
• Consensus Rating: N/A

SHLX Stock Analysis - Frequently Asked Questions

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners, L.P. (NYSE:SHLX) posted its earnings results on Thursday, October, 28th. The pipeline company reported $0.29 earnings per share for the quarter, missing analysts' consensus estimates of $0.36 by $0.07. The business's revenue for the quarter was up 16.4% on a year-over-year basis.

What other stocks do shareholders of Shell Midstream Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Shell Midstream Partners investors own include Energy Transfer (ET), Enterprise Products Partners (EPD), EnLink Midstream (ENLC), Golar LNG Partners (GMLP), DHT (DHT), Organigram (OGI) and Washington Prime Group (WPG).

Company Calendar

• Last Earnings: 10/28/2021
• Today: 10/07/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Oils/Energy
• Industry: Pipelines, except natural gas
• Sub-Industry: N/A
• Current Symbol: NYSE:SHLX
• CUSIP: N/A
• CIK: 1610466
• Web: www.shellmidstreampartners.com
• Phone: (832) 337-2034
• Fax: N/A
• Employees: 2,020
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $1.21
• Trailing P/E Ratio: 13.07
• Forward P/E Ratio: 10.41
• P/E Growth: N/A
• Net Income: $556 million
• Net Margins: 97.11%
• Pretax Margin: 98.73%
• Return on Equity: 98.64%
• Return on Assets: 25.75%

Debt

• Debt-to-Equity Ratio: 3.74
• Current Ratio: 1.18
• Quick Ratio: 1.18

Sales & Book Value

• Annual Sales: $556 million
• Price / Sales: 11.19
• Cash Flow: $1.70 per share
• Price / Cash Flow: 9.32
• Book Value: $1.44 per share
• Price / Book: 10.99

Miscellaneous

• Outstanding Shares: 393,289,000
• Free Float: N/A
• Market Cap: $6.22 billion
• Optionable: Optionable
• Beta: 1.24