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Shell Midstream Partners LP

SHLX.N

Latest Trade

11.50USD

Change

-0.06(-0.52%)

Volume

50,174

Today's Range

11.35

 - 

11.64

52 Week Range

5.72

 - 

22.70

As of on the New York Stock Exchange ∙ Minimum 15 minute delay

Pricing

Previous Close
11.56
Open
11.54
Volume
50,174
3M AVG Volume
25.83
Today's High
11.64
Today's Low
11.35
52 Week High
22.70
52 Week Low
5.72
Shares Out (MIL)
393.29
Market Cap (MIL)
4,373.38
Forward P/E
8.05
Dividend (Yield %)
16.55

Next Event

Q3 2020 Shell Midstream Partners LP Earnings Release

Latest Developments

More

Shell Midstream Partners Reports Qtrly Earnings Per Share $0.32

Shell Midstream Partners L.P. Declares Distribution Of $0.46 Per Limited Partner Unit

Shell Midstream Partners, L.P. Q1 2020 Unaudited Results

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About Shell Midstream Partners LP

Shell Midstream Partners, L.P is a limited partnership. The Company owns, operates, develops and acquires pipelines and other midstream assets. It operates through its wholly owned subsidiary, Shell Midstream Operating, LLC. Its assets include interests in entities that own crude oil and refined products pipelines and terminals that serve as infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined products from those markets to demand centers. It’s assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast. Its assets and pipelines include Bengal product system, Colonial product system, Auger crude oil system, Na Kika crude oil system and Poseidon crude oil system.

Industry

Oil Well Services & Equipment

Contact Info

150 N Dairy Ashford Rd

HOUSTON, TX

77079-1115

United States

+1.713.2412973

http://www.shellmidstreampartners.com/

Executive Leadership

Paul R. A. Goodfellow

Chairman of the Board of the General Partner

Kevin M. Nichols

President, Chief Executive Officer, Director of the General Partner

Shawn J. Carsten

Chief Financial Officer, Vice President, Director of the General Partner

Jesse C.H. Stanley

Vice President - Operations of the General Partner

Lori M. Muratta

Vice President, General Counsel, Secretary of the General Partner

Key Stats

2.91 mean rating - 11 analysts
Sell
Hold
Buy
Revenue (MM, USD)

2017

0.4K

2018

0.5K

2019

0.5K

2020(E)

0.5K
EPS (USD)

2017

1.280

2018

1.480

2019

1.670

2020(E)

1.376
Price To Earnings (TTM)
7.59
Price To Sales (TTM)
8.89
Price To Book (MRQ)
6.67
Price To Cash Flow (TTM)
9.31
Total Debt To Equity (MRQ)
--
LT Debt To Equity (MRQ)
--
Return on Investment (TTM)
27.10
Return on Equity (TTM)
26.06

Latest News

Latest News

Shell Midstream cuts costs as demand destruction hits U.S. pipeline flows

Shell Midstream Partners said on Friday it would cut staffing and trim projects to save $10 million this year and up to $40 million next year as volumes on some pipelines fall.

Shell Midstream offers Mars Sour crude storage as offshore producers keep pumping

Shell Midstream Partners <SHLX.N> said on Thursday it is offering storage in its Mars Sour crude cavern on the U.S. Gulf Coast, as offshore producers are not cutting output like onshore shale drillers despite the oil price downturn caused by the coronavirus pandemic.

UPDATE 1-Shell to decide on Gulf of Mexico Mars crude oil line expansion by June

Shell Midstream Partners LP expects to take final investment decisions on expanding its Mars crude oil pipeline system in the Gulf of Mexico in the first half of the year, Chief Executive Kevin Nichols said on Thursday.

Shell midstream partners considering expanding Mars crude pipeline system - conference call

Shell Midstream Partners LP is considering expanding its Mars crude oil pipeline system as it nears capacity, executives said on a Thursday earnings call.

Shell Midstream's Zydeco volumes volatile with third shipper contract expiration -CEO

Shell Midstream Partners LP's Zydeco pipeline volumes fell 11 percent in the first quarter after two shipper contracts expired and will remain volatile following a third expiration in the second quarter, CEO Kevin Nichols said on Friday.

Shell Midstream sees $15 million impact on first quarter income after Zydeco contracts expire

Shell Midstream Partners LP expects to see a $15 million impact to its net income in the first quarter after two of four contracts on its Zydeco pipeline in Texas and Louisiana expired at the end of last year, executives said on Thursday.

Shell's Zydeco pipeline volumes less predictable after contracts expire

Shell Midstream Partners LP will run its Zydeco pipeline on spot shipments for non-contracted crude shippers after two of the system's four contracts expired in the fourth quarter and another is set to expire in the second quarter, Chief Executive Kevin Nichols said on Thursday...

Zydeco Pipeline ran at record volume in 2nd quarter -Shell Midstream

Shell Midstream Partners' Zydeco Pipeline had record volume in the second quarter after it returned to normal from a 49-day shutdown, helping to lift earnings by about 60 percent compared with the first quarter, the company said on Thursday.

Shell offloads stake in Amberjack pipeline to MLP for $1.22 billion

Royal Dutch Shell <RDSa.L> will sell its stake in Amberjack Pipeline Co to its master limited partnership Shell Midstream Partners LP <SHLX.N> for $1.22 billion, the U.S. pipeline operator said on Thursday.

Shell Midstream to buy Shell stake in Amberjack pipeline for $1.22 bln

Pipeline operator Shell Midstream Partners LP said on Thursday it would buy parent Royal Dutch Shell's stake in the Amberjack Pipeline Co for $1.22 billion.

BRIEF-Shell Midstream Partners LP Posts Qtrly Revenue $99.6 Million

* SHELL MIDSTREAM PARTNERS, L.P. 1ST QUARTER 2018 UNAUDITED RESULTS

BRIEF-Shell Midstream Partners Declares 4.5 Pct Increase In Quarterly Distribution

* SHELL MIDSTREAM PARTNERS, L.P. DECLARES 4.5% INCREASE IN QUARTERLY DISTRIBUTION

BRIEF-Shell Midstream Partners Reports Q4 Revenue $126.8 Mln

* SHELL MIDSTREAM PARTNERS 4TH QUARTER 2017 UNAUDITED RESULTS

BRIEF-Shell Midstream Partners Announces Sale Of $980 Mln Of Common Units

* SHELL MIDSTREAM PARTNERS LP ANNOUNCES SALE OF $980 MILLION OF COMMON UNITS

BRIEF-Shell Midstream Partners Reports Public Offering And Concurrent Private Placement Of Common Units

* SHELL MIDSTREAM PARTNERS, L.P. ANNOUNCES PUBLIC OFFERING AND CONCURRENT PRIVATE PLACEMENT OF COMMON UNITS

BRIEF-Shell Midstream Partners Estimates Q4 Net Income Attributable To Partnership To Be Within $78.9 Mln To $91.7 Mln

* SHELL MIDSTREAM PARTNERS LP - ESTIMATED NET INCOME ATTRIBUTABLE TO PARTNERSHIP TO BE WITHIN $78.9 MILLION TO $91.7 MILLION FOR QUARTER ENDED DECEMBER 31, 2017 Source text - http://bit.ly/2E86IQy Further company coverage:

BRIEF-Shell Midstream Partners Declares 4.7 Pct Increase In Quarterly Distribution

* SHELL MIDSTREAM PARTNERS, L.P. DECLARES 4.7 PCT INCREASE IN QUARTERLY DISTRIBUTION

BRIEF-Shell Midstream Partners Says CEO John Hollowell To Retire

* SHELL MIDSTREAM PARTNERS L.P. NAMES KEVIN NICHOLS AS NEXT CEO

BRIEF-Shell Midstream Partners & STCW Entered Into A Five-Year Revolving Credit Facility With A Borrowing Capacity Of $1 Bln

* SHELL MIDSTREAM PARTNERS LP - ON DEC 1, CO & STCW ENTERED INTO A FIVE-YEAR REVOLVING CREDIT FACILITY WITH A BORROWING CAPACITY OF $1.0 BILLION

Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.

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