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Shell Midstream Partners LP (Shell Midstream Partners LP) Scaled Net Operating Assets : 0.82 (As of Jun. 2022)


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What is Shell Midstream Partners LP Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Shell Midstream Partners LP's operating assets for the quarter that ended in Jun. 2022 was $1,906.0 Mil. Shell Midstream Partners LP's operating liabilities for the quarter that ended in Jun. 2022 was $105.0 Mil. Shell Midstream Partners LP's Total Assets for the quarter that ended in Mar. 2022 was $2,197.0 Mil. Therefore, Shell Midstream Partners LP's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2022 was 0.82.


Shell Midstream Partners LP Scaled Net Operating Assets Historical Data

The historical data trend for Shell Midstream Partners LP's Scaled Net Operating Assets 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 Scaled Net Operating Assets Chart

Shell Midstream Partners LP Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.21 0.88 0.96 0.80

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
Scaled Net Operating Assets Get a 7-Day Free Trial 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 0.82 0.81 0.80 0.80 0.82

Competitive Comparison of Shell Midstream Partners LP's Scaled Net Operating Assets

For the Oil & Gas Midstream subindustry, Shell Midstream Partners LP's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Shell Midstream Partners LP's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Shell Midstream Partners LP's Scaled Net Operating Assets falls into.



Shell Midstream Partners LP Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Shell Midstream Partners LP's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2021 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2021 )
=(Operating Assets (A: Dec. 2021 )-Operating Liabilities (A: Dec. 2021 ))/Total Assets (A: Dec. 2020 )
=(1957-92)/2347
=0.79

where

Operating Assets(A: Dec. 2021 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2318 - 361
=1957

Operating Liabilities(A: Dec. 2021 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2811 - 2319 - 400
=92

Shell Midstream Partners LP's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2022 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Jun. 2022 )
=(Operating Assets (Q: Jun. 2022 )-Operating Liabilities (Q: Jun. 2022 ))/Total Assets (Q: Mar. 2022 )
=(1906-105)/2197
=0.82

where

Operating Assets(Q: Jun. 2022 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=2231 - 325
=1906

Operating Liabilities(Q: Jun. 2022 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=2672 - 2317 - 250
=105

* 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 Scaled Net Operating Assets 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