SHLX Shell Midstream Partners LP

Price (delayed)

$11.85

Market cap

$4.66B

P/E Ratio

8.65

Dividend/share

$1.68

EPS

$1.37

Enterprise value

$7.03B

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
SHLX's P/E is 42% below its 5-year quarterly average of 15.0 and 2.8% below its last 4 quarters average of 8.9
SHLX's quick ratio is up by 7% year-on-year
The equity has contracted by 16% YoY but it has grown by 4.3% from the previous quarter
SHLX's EPS is down by 9% YoY but it is up by 3.8% from the previous quarter
SHLX's gross margin is down by 2.2% year-on-year

Key stats

What are the main financial stats of SHLX
Market
Shares outstanding
393.29M
Market cap
$4.66B
Enterprise value
$7.03B
Valuations
Price to earnings (P/E)
8.65
Price to book (P/B)
N/A
Price to sales (P/S)
8.84
EV/EBIT
10.41
EV/EBITDA
9.51
EV/Sales
13.33
Earnings
Revenue
$527M
EBIT
$675M
EBITDA
$739M
Free cash flow
$625M
Per share
EPS
$1.37
Free cash flow per share
$1.59
Book value per share
-$1.19
Revenue per share
$1.34
TBVPS
$5.92
Balance sheet
Total assets
$2.33B
Total liabilities
$2.79B
Debt
$2.72B
Equity
-$469M
Working capital
$352M
Liquidity
Debt to equity
-5.8
Current ratio
5.82
Quick ratio
5.71
Net debt/EBITDA
3.2
Margins
EBITDA margin
140.2%
Gross margin
63.4%
Net margin
111.8%
Operating margin
40.2%
Efficiency
Return on assets
25.1%
Return on equity
N/A
Return on invested capital
14.5%
Return on capital employed
29.9%
Return on sales
128.1%
Dividend
Dividend yield
14.18%
DPS
$1.68
Payout ratio
122.6%

SHLX stock price

How has the Shell Midstream Partners stock price performed over time
Intraday
3.49%
1 week
0.77%
1 month
-3.34%
1 year
18.86%
YTD
17.56%
QTD
-19.77%

Financial performance

How have Shell Midstream Partners's revenue and profit performed over time
Revenue
$527M
Gross profit
$334M
Operating income
$212M
Net income
$589M
Gross margin
63.4%
Net margin
111.8%
The operating income has grown by 13% since the previous quarter and by 13% year-on-year
SHLX's operating margin is up by 7% since the previous quarter and by 5% year-on-year
SHLX's gross profit is up by 7% since the previous quarter and by 4.7% year-on-year
The revenue has increased by 7% year-on-year and by 6% 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
8.65
P/B
N/A
P/S
8.84
EV/EBIT
10.41
EV/EBITDA
9.51
EV/Sales
13.33
SHLX's P/E is 42% below its 5-year quarterly average of 15.0 and 2.8% below its last 4 quarters average of 8.9
SHLX's EPS is down by 9% YoY but it is up by 3.8% from the previous quarter
The equity has contracted by 16% YoY but it has grown by 4.3% from the previous quarter
SHLX's price to sales (P/S) is 18% more than its 5-year quarterly average of 7.5 but 3.9% less than its last 4 quarters average of 9.2
The revenue has increased by 7% year-on-year and by 6% since the previous quarter

Efficiency

How efficient is Shell Midstream Partners business performance
The ROA has increased by 27% YoY and by 4.6% from the previous quarter
SHLX's ROS is down by 5% YoY and by 2.7% from the previous quarter
Shell Midstream Partners's ROIC has increased by 3.6% from the previous quarter but it has decreased by 2% YoY

Dividends

What is SHLX's dividend history
DPS
$1.68
Dividend yield
14.18%
Payout ratio
122.6%
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 increased by 8% YoY
SHLX's quick ratio is up by 7% year-on-year
The equity has contracted by 16% YoY but it has grown by 4.3% from the previous quarter
SHLX's debt to equity is up by 14% year-on-year but it is down by 4.5% since the previous quarter

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