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Shell Midstream Partners LP (Shell Midstream Partners LP) Forward PE Ratio : 0.00 (As of May. 11, 2024)


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What is Shell Midstream Partners LP Forward PE Ratio?

Shell Midstream Partners LP's Forward PE Ratio for today is 0.00.

Shell Midstream Partners LP's PE Ratio without NRI for today is 0.00.

Shell Midstream Partners LP's PE Ratio for today is 0.00.


Shell Midstream Partners LP Forward PE Ratio Historical Data

The historical data trend for Shell Midstream Partners LP's Forward PE Ratio 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.

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Shell Midstream Partners LP Forward PE Ratio Chart

Shell Midstream Partners LP Annual Data
Trend 2015-12 2016-12 2017-12 2018-12 2019-12 2020-12 2021-12 2022-10
Forward PE Ratio
29.33 15.27 17.67 8.08 11.19 6.31 6.91 8.98

Shell Midstream Partners LP Quarterly Data
2015-12 2016-03 2016-06 2016-09 2016-12 2017-03 2017-06 2017-09 2017-12 2018-03 2018-06 2018-09 2018-12 2019-03 2019-06 2019-09 2019-12 2020-03 2020-06 2020-09 2020-12 2021-03 2021-06 2021-09 2021-12 2022-03
Forward PE Ratio 29.33 16.86 19.88 15.87 15.27 16.50 19.92 15.31 17.67 13.32 14.97 10.10 8.08 10.68 11.60 10.74 11.19 6.25 9.32 5.35 6.31 8.68 9.43 7.05 6.91 8.64

Competitive Comparison of Shell Midstream Partners LP's Forward PE Ratio

For the Oil & Gas Midstream subindustry, Shell Midstream Partners LP's Forward PE Ratio, along with its competitors' market caps and Forward PE Ratio 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's Forward PE Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Shell Midstream Partners LP's Forward PE Ratio falls into.



Shell Midstream Partners LP Forward PE Ratio Calculation

It's a measure of the price-to-earnings ratio (PE Ratio) using forecasted earnings for the calculation. While the earnings used are just an estimate and are not as reliable as current earnings data, there is still benefit in estimated P/E analysis. The forecasted earnings used in the formula can either be for the next 12 months or for the next full-year fiscal period.


Shell Midstream Partners LP  (NYSE:SHLX) Forward PE Ratio Explanation

The Forward PE Ratio of a company is often used to compare current earnings to estimated future earnings, as well as gaining a clearer picture of what earnings will look like without charges and other accounting adjustments. If earnings are expected to grow in the future, the Forward PE Ratio will be lower than the current PE Ratio. This measure is also used to compare one company to another with a forward-looking focus.

Trailing PE Ratio relies on what is already done. It uses the current share price and divides by the total EPS (Basic) over the past 12 months. PE Ratio can be affected by Non Operating Income such as the sale of part of businesses. This may increase for the current year or quarter dramatically. But it cannot be repeated over and over. Therefore PE Ratio without NRI is a more accurate indication of valuation than PE Ratio .


Shell Midstream Partners LP Forward PE Ratio Related Terms

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Shell Midstream Partners LP (Shell Midstream Partners LP) Business Description

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
Sean Guillory officer: Vice President, Commercial 150 N. DAIRY ASHFORD, HOUSTON TX 77079
Shawn J. Carsten officer: Chief Financial Officer ONE SHELL PLAZA, 910 LOUISIANA STREET, HOUSTON TX 77002
Steven Ledbetter officer: Vice President - Commercial 2828 N. HARWOOD ST., SUITE 1300, DALLAS TX 75201
Cynthia V. Hablinski director 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
Shell Pipeline Co Lp 10 percent owner TWO SHELL PLAZA, 777 WALKER STREET, HOUSTON TX 77002
Lori M Muratta officer: See Remarks 910 LOUISIANA STREET, HOUSTON TX 77002
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
Rob L. Jones director 555 EAST AIRTEX DRIVE, HOUSTON TX 77073
Nick Arzymanow officer: Controller 150 N. DAIRY ASHFORD, HOUSTON TX 77079

Shell Midstream Partners LP (Shell Midstream Partners LP) Headlines