SHLX Shell Midstream Partners LP

Price (delayed)

$14.08

Market cap

$5.54B

P/E Ratio

11.09

Dividend/share

$1.2

EPS

$1.27

Enterprise value

$7.85B

Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets. The Partnership's assets include interests in entities that own (a) ...

Highlights
The revenue has increased by 11% year-on-year
Shell Midstream Partners's debt has decreased by 6% QoQ and by 6% YoY
SHLX's quick ratio has dropped by 82% year-on-year but it is up by 11% since the previous quarter
SHLX's P/E is 15% below its 5-year quarterly average of 13.0 but 12% above its last 4 quarters average of 9.9
SHLX's EPS is down by 3.8% YoY
SHLX's gross margin is down by 2.7% since the previous quarter

Key stats

What are the main financial stats of SHLX
Market
Shares outstanding
393.29M
Market cap
$5.54B
Enterprise value
$7.85B
Valuations
Price to earnings (P/E)
11.09
Price to book (P/B)
N/A
Price to sales (P/S)
10.03
EV/EBIT
12.35
EV/EBITDA
11.22
EV/Sales
14.23
Earnings
Revenue
$552M
EBIT
$636M
EBITDA
$700M
Free cash flow
$591M
Per share
EPS
$1.27
Free cash flow per share
$1.5
Book value per share
-$1.18
Revenue per share
$1.4
TBVPS
$5.59
Balance sheet
Total assets
$2.2B
Total liabilities
$2.66B
Debt
$2.57B
Equity
-$465M
Working capital
$17M
Liquidity
Debt to equity
-5.52
Current ratio
1.05
Quick ratio
1
Net debt/EBITDA
3.31
Margins
EBITDA margin
126.8%
Gross margin
62.1%
Net margin
99.8%
Operating margin
40.4%
Efficiency
Return on assets
24%
Return on equity
N/A
Return on invested capital
14.5%
Return on capital employed
34.2%
Return on sales
115.2%
Dividend
Dividend yield
8.52%
DPS
$1.2
Payout ratio
94.5%

SHLX stock price

How has the Shell Midstream Partners stock price performed over time
Intraday
2.4%
1 week
3.15%
1 month
0.79%
1 year
-6.01%
YTD
22.22%
QTD
-0.98%

Financial performance

How have Shell Midstream Partners's revenue and profit performed over time
Revenue
$552M
Gross profit
$343M
Operating income
$223M
Net income
$551M
Gross margin
62.1%
Net margin
99.8%
The operating income has grown by 19% year-on-year but it has declined by 3.9% since the previous quarter
Shell Midstream Partners's net margin has decreased by 12% YoY
The revenue has increased by 11% year-on-year
SHLX's gross profit is up by 10% year-on-year but it is down by 3.4% since the previous quarter

Growth

What is Shell Midstream Partners's growth rate over time

Valuation

What is Shell Midstream Partners stock price valuation
P/E
11.09
P/B
N/A
P/S
10.03
EV/EBIT
12.35
EV/EBITDA
11.22
EV/Sales
14.23
SHLX's P/E is 15% below its 5-year quarterly average of 13.0 but 12% above its last 4 quarters average of 9.9
SHLX's EPS is down by 3.8% YoY
The equity has grown by 6% from the previous quarter and by 5% YoY
SHLX's price to sales (P/S) is 36% more than its 5-year quarterly average of 7.4 and 7% more than its last 4 quarters average of 9.4
The revenue has increased by 11% year-on-year

Efficiency

How efficient is Shell Midstream Partners business performance
SHLX's ROS is down by 13% YoY
Shell Midstream Partners's ROIC has increased by 3.6% YoY and by 2.1% from the previous quarter

Dividends

What is SHLX's dividend history
DPS
$1.2
Dividend yield
8.52%
Payout ratio
94.5%
Recent dividends

Financial health

How did Shell Midstream Partners financials performed over time
SHLX's total assets is 17% smaller than its total liabilities
Shell Midstream Partners's current ratio has shrunk by 82% YoY but it has increased by 11% QoQ
SHLX's quick ratio has dropped by 82% year-on-year but it is up by 11% since the previous quarter
Shell Midstream Partners's debt has decreased by 6% QoQ and by 6% YoY
The equity has grown by 6% from the previous quarter and by 5% YoY

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.