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SHLX

Shell Midstream Partners L.P. - Unit

$15.8

Earnings Summary

Revenue
$149Mn
Net Profits
$136Mn
Net Profit Margins
91.28%
PE Ratio
13.07

Highlights

Revenue:

Shell Midstream Partners L.P. - Unit’s revenue jumped 0.68% since last year same period to $149Mn in the Q2 2022. On a quarterly growth basis, Shell Midstream Partners L.P. - Unit has generated 10.37% jump in its revenue since last 3-months.

Net Profits:

Shell Midstream Partners L.P. - Unit’s net profit fell -16.05% since last year same period to $136Mn in the Q2 2022. On a quarterly growth basis, Shell Midstream Partners L.P. - Unit has generated -13.92% fall in its net profits since last 3-months.

Net Profit Margins:

Shell Midstream Partners L.P. - Unit’s net profit margin fell -16.61% since last year same period to 91.28% in the Q2 2022. On a quarterly growth basis, Shell Midstream Partners L.P. - Unit has generated -22.01% fall in its net profit margins since last 3-months.

PE Ratio:

Shell Midstream Partners L.P. - Unit’s price-to-earnings ratio after this Q2 2022 earnings stands at 13.07.

Earnings per share (EPS) Estimates

Earnings per share (EPS) estimates of the Shell Midstream Partners L.P. - Unit post its latest quarter earnings

EPS Estimate Current Quarter
0.39
EPS Estimate Current Year
0.39

Highlights

EPS Estimate Current Quarter:

Shell Midstream Partners L.P. - Unit’s earning per share (EPS) estimates for the current quarter stand at 0.39 - a 2.63% jump from last quarter’s estimates.

EPS Estimate Current Year:

Shell Midstream Partners L.P. - Unit’s earning per share (EPS) estimates for the current year stand at 0.39.

Key Ratios

Key ratios of the Shell Midstream Partners L.P. - Unit post its Q2 2022 earnings

Earning Per Share (EPS)
0.33
Return on Assets (ROA)
0.06
Return on Equity (ROE)
0
Dividend Per Share (DPS)
1.2

Highlights

Earning Per Share (EPS):

Shell Midstream Partners L.P. - Unit’s earning per share (EPS) fell -8.33% since last year same period to 0.33 in the Q2 2022. This indicates that the Shell Midstream Partners L.P. - Unit has generated -8.33% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on Assets (ROA):

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Shell Midstream Partners L.P. - Unit’s return on assets (ROA) stands at 0.06.

Earning Per Share (EPS):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Shell Midstream Partners L.P. - Unit’s return on equity (ROE) stands at 0.

Dividend Per Share (DPS):

Shell Midstream Partners L.P. - Unit declared 1.2 dividend per share during the earnings announcement for Q2 2022.

Earnings Calendar

Earnings DateEstimated EPSReported EPSSurprise %
2022-04-29
0.38
0.36
-5.26%
2022-07-28
0.38
0.33
-13.16%

Company Information

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) crude oil and refined products pipelines and terminals that serve as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined products from those markets to major demand centers and (b) storage tanks and financing receivables that are secured by pipelines, storage tanks, docks, truck and rail racks and other infrastructure used to stage and transport intermediate and finished products. The Partnership's assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.

Organisation
Shell Midstream Partners L.P. - Unit
Headquarters
Houston, Texas, US
Employees
2.02K
Industry
Industrial Services
CEO
John Hollowell