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How to buy Shell Midstream Partners L-P stock | $12.35

Learn how to easily invest in Shell Midstream Partners L-P stock.

Shell Midstream Partners L.P is an oil & gas midstream business based in the US. Shell Midstream Partners L-P shares (SHLX) are listed on the NYSE and all prices are listed in US Dollars.

How to buy shares in Shell Midstream Partners L-P

  1. Compare share trading platforms.Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. Research the stock. Find the stock by name or ticker symbol – SHLX – and research it before deciding if it's a good investment for you.
  5. Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Shell Midstream Partners L-P stock price (NYSE: SHLX)

Use our graph to track the performance of SHLX stocks over time.

Shell Midstream Partners L-P shares at a glance

Information last updated 2021-10-17.
Latest market close$12.35
52-week range$7.32 - $15.75
50-day moving average $11.77
200-day moving average $13.66
Wall St. target price$14.45
PE ratio 9.4575
Dividend yield $1.68 (14.07%)
Earnings per share (TTM) $1.24

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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.

Is it a good time to buy Shell Midstream Partners L-P stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Shell Midstream Partners L-P price performance over time

Historical closes compared with the close of $12.35 from 2021-10-22

1 week (2021-10-15) 5.74%
1 month (2021-09-23) 2.83%
3 months (2021-07-23) -4.63%
6 months (2021-04-23) -20.83%
1 year (2020-10-23) 29.32%
2 years (2019-10-23) -40.19%
3 years (2018-10-23) 21.2
5 years (2016-10-21) 28.5

Is Shell Midstream Partners L-P under- or over-valued?

Valuing Shell Midstream Partners L-P stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Shell Midstream Partners L-P's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Shell Midstream Partners L-P's P/E ratio

Shell Midstream Partners L-P's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 9x. In other words, Shell Midstream Partners L-P shares trade at around 9x recent earnings.

That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.

Shell Midstream Partners L-P's PEG ratio

Shell Midstream Partners L-P's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.46. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Shell Midstream Partners L-P's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Shell Midstream Partners L-P's EBITDA

Shell Midstream Partners L-P's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $266 million.

The EBITDA is a measure of a Shell Midstream Partners L-P's overall financial performance and is widely used to measure a its profitability.

Shell Midstream Partners L-P financials

Revenue TTM $527 million
Operating margin TTM 41.18%
Gross profit TTM $295 million
Return on assets TTM 5.72%
Return on equity TTM 0%
Profit margin 101.33%
Book value $1.50
Market capitalisation $4.6 billion

TTM: trailing 12 months

Shorting Shell Midstream Partners L-P shares

There are currently 4.1 million Shell Midstream Partners L-P shares held short by investors – that's known as Shell Midstream Partners L-P's "short interest". This figure is 10.4% down from 4.6 million last month.

There are a few different ways that this level of interest in shorting Shell Midstream Partners L-P shares can be evaluated.

Shell Midstream Partners L-P's "short interest ratio" (SIR)

Shell Midstream Partners L-P's "short interest ratio" (SIR) is the quantity of Shell Midstream Partners L-P shares currently shorted divided by the average quantity of Shell Midstream Partners L-P shares traded daily (recently around 1.3 million). Shell Midstream Partners L-P's SIR currently stands at 3.26. In other words for every 100,000 Shell Midstream Partners L-P shares traded daily on the market, roughly 3260 shares are currently held short.

However Shell Midstream Partners L-P's short interest can also be evaluated against the total number of Shell Midstream Partners L-P shares, or, against the total number of tradable Shell Midstream Partners L-P shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Shell Midstream Partners L-P's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Shell Midstream Partners L-P shares in existence, roughly 10 shares are currently held short) or 0.0335% of the tradable shares (for every 100,000 tradable Shell Midstream Partners L-P shares, roughly 34 shares are currently held short).

Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Shell Midstream Partners L-P.

Find out more about how you can short Shell Midstream Partners L-P stock.

Shell Midstream Partners L-P share dividends

1%

Dividend payout ratio: 1.27% of net profits

Recently Shell Midstream Partners L-P has paid out, on average, around 1.27% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 10.27% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Shell Midstream Partners L-P shareholders could enjoy a 10.27% return on their shares, in the form of dividend payments. In Shell Midstream Partners L-P's case, that would currently equate to about $1.68 per share.

While Shell Midstream Partners L-P's payout ratio might seem low, this can signify that Shell Midstream Partners L-P is investing more in its future growth.

Shell Midstream Partners L-P's most recent dividend payout was on 12 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 1 August 2021 (the "ex-dividend date").

Shell Midstream Partners L-P share price volatility

Over the last 12 months, Shell Midstream Partners L-P's shares have ranged in value from as little as $7.3219 up to $15.7513. A popular way to gauge a stock's volatility is its "beta".

SHLX.US volatility(beta: 1.7)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Shell Midstream Partners L-P's is 1.7021. This would suggest that Shell Midstream Partners L-P's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).

Shell Midstream Partners L-P overview

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.

Frequently asked questions

What percentage of Shell Midstream Partners L-P is owned by insiders or institutions?
Currently 68.542% of Shell Midstream Partners L-P shares are held by insiders and 19.15% by institutions.
When does the fiscal year end for Shell Midstream Partners L-P?
Shell Midstream Partners L-P's fiscal year ends in December.
Where is Shell Midstream Partners L-P based?
Shell Midstream Partners L-P's address is: 150 North Dairy Ashford, Houston, TX, United States, 77079
What is Shell Midstream Partners L-P's ISIN number?
Shell Midstream Partners L-P's international securities identification number is: US8226341019
What is Shell Midstream Partners L-P's CUSIP number?
Shell Midstream Partners L-P's Committee on Uniform Securities Identification Procedures number is: 822634101

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