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Shell Midstream Partners LP (NYSE:SHLX) Enterprise Value

: $8,463.8 Mil (As of Today)
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Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Shell Midstream Partners LP's Enterprise Value is $8,463.8 Mil. Shell Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $632.0 Mil. Therefore, Shell Midstream Partners LP's EV-to-EBIT ratio for today is 13.39.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, Shell Midstream Partners LP's Enterprise Value is $8,463.8 Mil. Shell Midstream Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 was $682.0 Mil. Therefore, Shell Midstream Partners LP's EV-to-EBITDA ratio for today is 12.41.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, Shell Midstream Partners LP's Enterprise Value is $8,463.8 Mil. Shell Midstream Partners LP's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 was $553.0 Mil. Therefore, Shell Midstream Partners LP's EV-to-Revenue ratio for today is 15.31.


Shell Midstream Partners LP Enterprise Value Historical Data

The historical data trend for Shell Midstream Partners LP's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Shell Midstream Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Enterprise Value
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7,353.56 5,605.75 7,170.79 6,387.36 6,889.70

Shell Midstream Partners LP Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Enterprise Value Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,175.89 6,982.02 6,889.70 7,910.58 7,777.59

Competitive Comparison

For the Oil & Gas Midstream subindustry, Shell Midstream Partners LP's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Shell Midstream Partners LP Enterprise Value Distribution

For the Oil & Gas industry and Energy sector, Shell Midstream Partners LP's Enterprise Value distribution charts can be found below:

* The bar in red indicates where Shell Midstream Partners LP's Enterprise Value falls in comparison to its industry or sector. The grey bar indicates the Enterprise Value's extreme value range as defined by GuruFocus.



Shell Midstream Partners LP Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

Shell Midstream Partners LP's Enterprise Value for the fiscal year that ended in Dec. 2021 is calculated as

Shell Midstream Partners LP's Enterprise Value for the quarter that ended in Jun. 2022 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shell Midstream Partners LP  (NYSE:SHLX) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

Shell Midstream Partners LP's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=8463.840/632
=13.39

Shell Midstream Partners LP's current Enterprise Value is $8,463.8 Mil.
Shell Midstream Partners LP's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $632.0 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

Shell Midstream Partners LP's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=8463.840/682
=12.41

Shell Midstream Partners LP's current Enterprise Value is $8,463.8 Mil.
Shell Midstream Partners LP's EBITDA for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $682.0 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

Shell Midstream Partners LP's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=8463.840/553
=15.31

Shell Midstream Partners LP's current Enterprise Value is $8,463.8 Mil.
Shell Midstream Partners LP's Revenue for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $553.0 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Shell Midstream Partners LP Enterprise Value Related Terms

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Shell Midstream Partners LP (NYSE:SHLX) Business Description

Shell Midstream Partners LP logo
Traded in Other Exchanges
N/A
Address
150 North Dairy Ashford Road, A0482-A, Houston, TX, USA, 77079
Shell Midstream Partners LP is a US-based limited partnership that is formed to own, operate, develop and acquire pipelines and other midstream assets. The company holds an interest in several entities which own crude oil, refined products and natural gas pipelines, and crude tank storage and terminal system. It provides a transportation and storage facility to deliver refined products from Gulf Coast markets to demand centers. The company earns revenue through the long-term transportation agreements by charging fees for the transportation of crude oil and refined products through its pipelines.
Executives
Sopc Holdings West Llc 10 percent owner 150 N. DAIRY ASHFORD RD., HOUSTON TX 77079
Fierro A Carlos director 910 LOUISIANA STREET, HOUSTON TX 77002
Gregory T. Mouras officer: Vice President, Operations P.O. BOX 61933, NEW ORLEANS LA 70161
Cynthia V. Hablinski director 150 N. DAIRY ASHFORD, HOUSTON TX 77079
Sean Guillory officer: Vice President, Commercial 150 N. DAIRY ASHFORD, HOUSTON TX 77079
David A. Connolly director 1000 MAIN STREET, LEVEL 12, HOUSTON TX 77002
Stanley Jesse C. H. officer: Vice President, Operations 150 N. DAIRY ASHFORD, HOUSTON TX 77079
Anne C. Anderson director 150 N. DAIRY ASHFORD, HOUSTON TX 77079
James J Bender director 1601 UTICA AVENUE SOUTH, SUITE 900, ST. LOUIS PARK MN 55416
Nick Arzymanow officer: Controller 150 N. DAIRY ASHFORD, HOUSTON TX 77079
Brenda Stout director 150 N. DAIRY ASHFORD ROAD, HOUSTON TX 77079
Curtis R Frasier director 910 LOUISIANA STREET, HOUSTON TX 77002
Steven Ledbetter officer: Vice President - Commercial 150 N. DAIRY ASHFORD ROAD, HOUSTON TX 77079
Marcel Teunissen director 150 N. DAIRY ASHFORD ROAD, HOUSTON TX 77079
Elaine Mccown officer: Controller ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002