As of June 10, 2025, Shell Midstream Partners LP (SHLX) reports a EV/EBITDA of 28.11.
EV/EBITDA evaluates a company's total value relative to its earnings before interest, taxes, depreciation, and amortization, useful for comparing firms with different capital structures.
Comparing Shell Midstream Partners LP's EV/EBITDA to Peers
To better understand Shell Midstream Partners LP's position, it's useful to compare its EV/EBITDA against industry peers. Below are selected comparisons:
| Company | EV/EBITDA |
|---|---|
| Shell Midstream Partners LP (SHLX) | 28.11 |
| Golar LNG Ltd (GLNG) | 81.22 |
| Phillips 66 Partners LP (PSXP) | 29.51 |
| BP Midstream Partners LP (BPMP) | 28.33 |
| Altus Midstream Co (ALTM) | 27.21 |
| Delek Logistics Partners LP (DKL) | 15.32 |
Compared to its competitors, Shell Midstream Partners LP's EV/EBITDA is among the highest compared to peers, suggesting the market values the company at a premium, possibly due to growth expectations.