Shell Midstream Partners, L.P. SHLX
At closeOct 18, 2022, 4:00 PM EDT
- Revenue (ttm)
- 553.00M
- Profit margin
- 97.11%
- EPS (ttm)
- 1.21
- Shares out
- 393.29M
- P/E ratio
- 13.07
- Forward P/E
- 10.27
- Dividend
- 1.20 (7.59%)
- Ex-dividend date
- Jul 31, 2022
- Volume
- 1.72M
- Avg volume
- 1.63M
- Open
- 15.84
- Previous close
- 15.82
- Day's range
- 15.83 – 15.85
- 52-week range
- 10.76 – 16.08
- Beta
- 1.21
- Analysts
- Hold
- Price target
- 14.95 (-5.5%)
- Earnings date
- Nov 4, 2022
Key statistics
- Enterprise value
- 7.41B
- PEG ratio
- 0.90
- Price / sales
- 11.25
- Price / book
- 10.10
- Dividend yield
- 7.59%
- Payout ratio
- 99.17%
- Revenue growth
- 0.70%
- Free cash flow
- 129.88M
- Total cash
- 325.00M
- Total debt
- 2.57B
- Return on equity
- 0.00%
- Short % of float
- 10.61%
- 50-day average
- 15.82
- 200-day average
- 14.55
Analyst view
Consensus: hold
- Target (low)
- 13.00
- Target (mean)
- 14.95
- Target (high)
- 16.00
- Strong buy2
- Buy4
- Hold3
- Sell0
- Strong sell0
Next earnings
Nov 4, 2022
Expected Nov 4, 2022. Consensus EPS estimate 0.37.
Financials — quick view
Earnings
| Report date | Quarter ending | EPS estimate | EPS reported | Surprise | Surprise % |
|---|---|---|---|---|---|
| Nov 4, 2022 | Sep 1, 2022 | 0.00 | — | — | — |
| Jul 28, 2022 | Jun 1, 2022 | 0.00 | — | — | — |
| Apr 28, 2022 | Mar 1, 2022 | 0.36 | — | — | — |
| Feb 24, 2022 | Dec 1, 2021 | 0.34 | — | — | — |
| Oct 29, 2021 | Sep 1, 2021 | 0.36 | — | — | — |
| Jul 30, 2021 | Jun 1, 2021 | 0.36 | — | — | — |
Upgrades / downgrades
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Aug 1, 2022 | Mizuho | main | — | Neutral |
| Feb 25, 2022 | Credit Suisse | main | — | Neutral |
| Jan 20, 2022 | Barclays | down | Overweight | Equal-Weight |
| Jan 18, 2022 | B of A Securities | main | — | Underperform |
| Oct 19, 2021 | Barclays | up | Equal-Weight | Overweight |
| Oct 15, 2021 | Credit Suisse | up | Underperform | Neutral |
About Shell Midstream Partners, L.P.
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.
- Sector
- Energy
- Industry
- Oil & Gas Midstream
- Country
- United States
- Website
- shellmidstreampartners.com
News
Earnings Scheduled For July 28, 2022
Earnings Scheduled For April 28, 2022
Benzinga's Top Ratings Upgrades, Downgrades For January 20, 2022
5 Value Stocks To Watch In The Energy Sector
Benzinga's Top Ratings Upgrades, Downgrades For October 15, 2021
Earnings Scheduled For July 30, 2021
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A Look Into Energy Sector Value Stocks
Your note
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Insider holders
| Insider | Relation | Latest transaction | Date | Shares held |
|---|---|---|---|---|
| CARSTEN SHAWN J. | Chief Financial Officer | Purchase | Aug 8, 2021 | 18,700 |
| GUILLORY SEAN | Officer | Purchase | Aug 15, 2021 | 1,399 |
| LEDBETTER STEVEN W | Chief Executive Officer | Purchase | Aug 8, 2021 | 4,000 |
Institution ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps Advisors Inc. | 9.23% | 36,306,606 | 574.37M | Jun 29, 2022 |
| Morgan Stanley | 2.49% | 9,783,075 | 154.77M | Jun 29, 2022 |
| JP Morgan Chase & Company | 1.94% | 7,640,165 | 120.87M | Jun 29, 2022 |
| Goldman Sachs Group Inc | 1.76% | 6,910,632 | 109.33M | Jun 29, 2022 |
| Mirae Asset Global Investments Co., Ltd. | 1.45% | 5,702,757 | 90.22M | Jun 29, 2022 |
| Chickasaw Capital Management, LLC | 0.93% | 3,673,580 | 58.12M | Sep 29, 2022 |
Fund ownership
| Holder | % held | Shares | Value | Reported |
|---|---|---|---|---|
| Alps ETF Tr-Alerian MLP ETF | 4.80% | 18,877,164 | 298.64M | May 30, 2022 |
| Global X Fds-Global X MLP ETF | 0.99% | 3,889,961 | 61.54M | Sep 29, 2022 |
| Goldman Sachs Tr-Goldman Sachs MLP Energy Infrastructure Fund | 0.43% | 1,681,965 | 26.61M | May 30, 2022 |
| Invesco Steelpath MLP Income Fund | 0.33% | 1,300,000 | 20.57M | May 30, 2022 |
| MainGate MLP Fund | 0.31% | 1,225,000 | 19.38M | Sep 29, 2022 |
| Global X Fds-Global X SuperDividend U.S. ETF | 0.27% | 1,063,653 | 16.83M | Sep 29, 2022 |
