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Financial Snapshot

Revenue
TTM
$553.0M
Gross Margin
TTM
92.63%
Net Income
TTM
$537.0M
Current Assets
2022 Q2
Current Liabilities
2022 Q2
Current Ratio
2022 Q2
117.61%
Total Assets
2022 Q2
Total Liabilities
2022 Q2
Book Value
2022 Q2
-$441.0M
Cash
2022 Q2
P/E
TTM
11.59
Free Cash Flow
TTM
$616.0M

Stock Price

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Market Cap: $6.2218 Billion

About Shell Midstream Partners, L.P.

Shell Midstream Partners LP owns, operates, develops, and acquires pipelines and other midstream assets. The company is headquartered in Houston, Texas. The company went IPO on 2014-10-29. The company conducts its operations either through its wholly owned subsidiary Shell Midstream Operating LLC or through direct ownership. Its assets include interests in entities that own crude oil and refined products pipelines and terminals that serve as 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 centres; and 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. Its 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.

Industry: Pipe Lines (No Natural Gas) Peers: Kinetik Holdings Inc Antero Midstream Corp DCP Midstream, LP DT Midstream Inc Enterprise Products Partners L.P Hess Midstream LP Magellan Midstream Partners, L.P. New Fortress Energy Inc Plains All American Pipeline LP Western Midstream Partners LP

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