Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX): Price and Financial Metrics
Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX)
Today's Latest Price: $10.17 USD
Updated Dec 2 4:00pm
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POWR Components:
Trade Grade Buy & Hold Grade Peer Grade Industry Rank
Industry Rank:
Ranked of 56 in MLPs - Oil & Gas
See all "A" rated Strong Buy stocks
SHLX Stock Summary
- Shell Midstream Partners LP's capital turnover -- a measure of revenue relative to shareholder's equity -- is better than only 5.35% of US listed stocks.
- For SHLX, its debt to operating expenses ratio is greater than that reported by 96.71% of US equities we're observing.
- Equity multiplier, or assets relative to shareholders' equity, comes in at -3.65 for Shell Midstream Partners LP; that's greater than it is for only 3.76% of US stocks.
- If you're looking for stocks that are quantitatively similar to Shell Midstream Partners LP, a group of peers worth examining would be CLI, PSXP, RIG, DHT, and ELS.
- SHLX's SEC filings can be seen here. And to visit Shell Midstream Partners LP's official web site, go to www.shellmidstreampartners.com.
SHLX Stock Price Chart Interactive Chart >
SHLX Price/Volume Stats
| Current price | $10.17 | 52-week high | $22.70 |
| Prev. close | $10.28 | 52-week low | $5.70 |
| Day low | $10.16 | Volume | 1,470,272 |
| Day high | $10.56 | Avg. volume | 1,349,520 |
| 50-day MA | $9.44 | Dividend yield | 17.9% |
| 200-day MA | $11.48 | Market Cap | 4.00B |
Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX) Company Bio
Shell Midstream Partners LP operates, develops, and acquires pipelines and other midstream assets in the United States. The company owns interests in two crude oil pipeline systems and two refined products pipeline systems. The company was founded in 2014 and is based in Houston, Texas.
SHLX Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $10.17 | $113.25 | 1004% |
The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for Shell Midstream Partners LP. To summarize, we found that Shell Midstream Partners LP ranked in the 85th percentile in terms of potential gain offered. Specifically, our DCF analysis implies the stock is trading below its fair value by an estimated 1009.17%. In terms of the factors that were most noteworthy in this DCF analysis for SHLX, they are:
- Shell Midstream Partners LP's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 5% of tickers in our DCF set.
- Shell Midstream Partners LP's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 0% of US stocks with positive free cash flow.
- The company's cost of debt, derived from its interest coverage, tax rate, and market capitalization, is greater than just 11.84% of stocks in its sector (Energy).
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | 982% |
| 1% | 993% |
| 2% | 1004% |
| 3% | 1015% |
| 4% | 1025% |
| 5% | 1036% |
Want more companies with a valuation profile/forecast similar to that of Shell Midstream Partners LP? See ENBL, HP, SUN, NCSM, and VET.
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