Shell Midstream Partners LP Company Profile (NYSE:SHLX)

About Shell Midstream Partners LP (NYSE:SHLX)

Shell Midstream Partners LP logoShell Midstream Partners, L.P. is a master limited partnership company, which owns, operates, develops and acquires pipelines and other midstream assets. The Company conducts its operations through its subsidiary, Shell Midstream Operating, LLC. Its assets consist of interests in entities that own crude oil and refined products pipelines serving as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and to deliver refined products from those markets to demand centers. As of December 31, 2016, it owned interests in seven crude oil pipeline systems, three refined products systems, one natural gas gathering pipeline system and a crude tank storage and terminal system. Its pipeline and terminal systems include Zydeco crude oil system, Auger crude oil system, Mars crude oil system, Bengal product system, Poseidon crude oil system, Odyssey crude oil system, Proteus crude oil system and Endymion crude oil system.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $5.46 billion
  • Outstanding Shares: 177,317,000
Average Prices:
  • 50 Day Moving Avg: $32.10
  • 200 Day Moving Avg: $30.62
  • 52 Week Range: $25.42 - $35.17
P/E:
  • Trailing P/E Ratio: 24.20
  • Foreward P/E Ratio: 18.12
  • P/E Growth: 1.56
Sales & Book Value:
  • Annual Revenue: $284.8 million
  • Price / Sales: 19.18
  • Book Value: $0.66 per share
  • Price / Book: 46.68
Dividend:
  • Annual Dividend: $1.11
  • Dividend Yield: 3.7%
Profitability:
  • EBIDTA: $171.5 million
  • Net Margins: 77.39%
  • Return on Equity: 56.13%
  • Return on Assets: 30.49%
Debt:
  • Debt-to-Equity Ratio: 0.86%
  • Current Ratio: 7.16%
  • Quick Ratio: 7.16%
Misc:
  • Average Volume: 293,884 shs.
  • Beta: 1.25
  • Short Ratio: 7.85
 

Frequently Asked Questions for Shell Midstream Partners LP (NYSE:SHLX)

What is Shell Midstream Partners LP's stock symbol?

Shell Midstream Partners LP trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHLX."

How often does Shell Midstream Partners LP pay dividends? What is the dividend yield for Shell Midstream Partners LP?

Shell Midstream Partners LP announced a quarterly dividend on Thursday, April 20th. Stockholders of record on Monday, May 1st will be paid a dividend of $0.291 per share on Friday, May 12th. This represents a $1.16 dividend on an annualized basis and a dividend yield of 3.78%. The ex-dividend date is Thursday, April 27th. This is a positive change from Shell Midstream Partners LP's previous quarterly dividend of $0.28. View Shell Midstream Partners LP's Dividend History.

How were Shell Midstream Partners LP's earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) issued its quarterly earnings data on Friday, May, 5th. The company reported $0.33 earnings per share for the quarter, missing analysts' consensus estimates of $0.35 by $0.02. The company earned $70.20 million during the quarter, compared to the consensus estimate of $77.82 million. Shell Midstream Partners LP had a return on equity of 56.13% and a net margin of 77.39%. The business's revenue was down 7.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.36 EPS. View Shell Midstream Partners LP's Earnings History.

When will Shell Midstream Partners LP make its next earnings announcement?

Shell Midstream Partners LP is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Shell Midstream Partners LP.

Where is Shell Midstream Partners LP's stock going? Where will Shell Midstream Partners LP's stock price be in 2017?

7 equities research analysts have issued 12 month price targets for Shell Midstream Partners LP's stock. Their forecasts range from $29.00 to $47.00. On average, they expect Shell Midstream Partners LP's share price to reach $37.86 in the next twelve months. View Analyst Ratings for Shell Midstream Partners LP.

Who are some of Shell Midstream Partners LP's key competitors?

Who owns Shell Midstream Partners LP stock?

Shell Midstream Partners LP's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (4.78%), Kayne Anderson Capital Advisors LP (2.54%), Goldman Sachs Group Inc. (2.36%), OppenheimerFunds Inc. (2.01%), Center Coast Capital Advisors LP (1.72%) and American Century Companies Inc. (1.33%). Company insiders that own Shell Midstream Partners LP stock include Lori M Muratta, Margaret C Montana and Rob L Jones. View Institutional Ownership Trends for Shell Midstream Partners LP.

Who sold Shell Midstream Partners LP stock? Who is selling Shell Midstream Partners LP stock?

Shell Midstream Partners LP's stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Atlantic Trust Group LLC, American Century Companies Inc., Sei Investments Co., Goldman Sachs Group Inc., Credit Suisse AG, TPH Asset Management LLC and Westwood Holdings Group Inc.. View Insider Buying and Selling for Shell Midstream Partners LP.

Who bought Shell Midstream Partners LP stock? Who is buying Shell Midstream Partners LP stock?

Shell Midstream Partners LP's stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, OppenheimerFunds Inc., Chickasaw Capital Management LLC, ING Groep NV, Geneva Advisors LLC, Spirit of America Management Corp NY, Kayne Anderson Capital Advisors LP and Eagle Global Advisors LLC. Company insiders that have bought Shell Midstream Partners LP stock in the last two years include Lori M Muratta, Margaret C Montana and Rob L Jones. View Insider Buying and Selling for Shell Midstream Partners LP.

How do I buy Shell Midstream Partners LP stock?

Shares of Shell Midstream Partners LP can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Shell Midstream Partners LP stock cost?

One share of Shell Midstream Partners LP stock can currently be purchased for approximately $30.81.

Analyst Ratings

Consensus Ratings for Shell Midstream Partners LP (NYSE:SHLX) (?)
Ratings Breakdown: 2 Hold Ratings, 5 Buy Ratings
Consensus Rating:Buy (Score: 2.71)
Consensus Price Target: $37.86 (22.87% upside)

Analysts' Ratings History for Shell Midstream Partners LP (NYSE:SHLX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
2/28/2017MizuhoReiterated RatingBuy$36.00N/AView Rating Details
2/1/2017JPMorgan Chase & Co.Initiated CoverageOverweight$38.00N/AView Rating Details
11/9/2016Royal Bank of CanadaLower Price TargetOutperform$47.00 -> $41.00N/AView Rating Details
11/9/2016Barclays PLCReiterated RatingOverweight -> Equal Weight$39.00 -> $29.00N/AView Rating Details
11/8/2016UBS Group AGReiterated RatingBuy$49.00 -> $47.00N/AView Rating Details
8/18/2016Stifel NicolausInitiated CoverageBuy$35.00N/AView Rating Details
6/16/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$39.00N/AView Rating Details
11/30/2015Evercore ISIReiterated RatingBuy$45.00N/AView Rating Details
7/14/2015Bank of America CorpInitiated CoverageNeutral$50.00N/AView Rating Details
6/8/2015Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Shell Midstream Partners LP (NYSE:SHLX)
Earnings by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
Earnings History by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
5/5/2017Q1 2017$0.35$0.33$77.82 million$70.20 millionViewN/AView Earnings Details
2/23/2017Q416$0.36$0.34$73.06 million$75.60 millionViewN/AView Earnings Details
11/3/2016Q316$0.37$0.28$78.62 million$67.90 millionViewN/AView Earnings Details
8/4/2016Q216$0.39$0.35$78.15 million$71.10 millionViewN/AView Earnings Details
2/24/2016Q415$0.35$0.38$68.96 million$84.60 millionViewListenView Earnings Details
11/11/2015Q315$0.29$0.37$62.57 million$72.40 millionViewListenView Earnings Details
8/12/2015Q2$0.21$0.22$56.51 million$57.60 millionViewListenView Earnings Details
5/13/2015Q115$0.16$0.17$52.00 million$51.70 millionViewListenView Earnings Details
2/24/2015Q414$0.14$0.10$52.00 million$55.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Shell Midstream Partners LP (NYSE:SHLX)
Current Year EPS Consensus Estimate: $1.53 EPS
Next Year EPS Consensus Estimate: $1.70 EPS

Dividends

Current Dividend Information for Shell Midstream Partners LP (NYSE:SHLX)
Most Recent Dividend:5/12/2017
Annual Dividend:$1.11
Dividend Yield:3.60%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:83.46% (Trailing 12 Months of Earnings)
72.55% (Based on This Year's Estimates)
65.29% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Shell Midstream Partners LP (NYSE:SHLX)

Dividend History by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/20/2017quarterly$0.293.62%4/27/20175/1/20175/12/2017
1/19/2017Quarterly$0.283.64%1/27/20171/31/20172/14/2017
10/19/2016quarterly$0.263.71%10/27/201610/31/201611/14/2016
7/21/2016quarterly$0.253.04%7/28/20168/1/20168/12/2016
4/20/2016quarterly$0.242.62%4/28/20165/2/20165/12/2016
1/21/2016quarterly$0.222.48%1/28/20162/1/20162/11/2016
10/22/2015quarterly$0.212.46%10/29/201511/2/201511/12/2015
7/22/2015quarterly$0.191.85%7/30/20158/3/20158/13/2015
4/23/2015quarterly$0.181.79%5/1/20155/5/20155/14/2015
1/22/2015special$0.101/29/20152/2/20152/12/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Shell Midstream Partners LP (NYSE:SHLX)
Institutional Ownership Percentage: 81.00%
Insider Trades by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
Institutional Ownership by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
Insider Trades by Quarter for Shell Midstream Partners LP (NYSE:SHLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/11/2016Lori M MurattaInsiderBuy960$25.99$24,950.40View SEC Filing  
11/11/2016Margaret C MontanaDirectorBuy4,000$25.95$103,800.00View SEC Filing  
12/11/2015Margaret C MontanaDirectorBuy3,000$33.15$99,450.00View SEC Filing  
12/10/2015Rob L JonesDirectorBuy5,000$33.93$169,650.00View SEC Filing  
11/3/2014Lori M MurattaInsiderBuy2,000$34.00$68,000.00View SEC Filing  
10/31/2014Michele F JoyInsiderBuy1,490$33.67$50,168.30View SEC Filing  
10/30/2014James J BenderDirectorBuy25,000$33.95$848,750.00View SEC Filing  
10/30/2014Margaret C MontanaInsiderBuy6,000$33.72$202,320.00View SEC Filing  
10/29/2014Kevin M NicholsVPBuy8,500$31.85$270,725.00View SEC Filing  
10/29/2014Rob L JonesDirectorBuy10,000$33.18$331,800.00View SEC Filing  
10/29/2014Susan M WardInsiderBuy25,000$23.00$575,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Shell Midstream Partners LP (NYSE:SHLX)
Latest Headlines for Shell Midstream Partners LP (NYSE:SHLX)
Source:
DateHeadline
bizjournals.com logoDeal of the Week: Shell’s MLP acquires pipelines in $630M drop-down deal
www.bizjournals.com - May 12 at 1:24 AM
finance.yahoo.com logoEdited Transcript of SHLX earnings conference call or presentation 5-May-17 2:00pm GMT
finance.yahoo.com - May 11 at 1:07 AM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Downgraded by Zacks Investment Research
www.americanbankingnews.com - May 9 at 1:26 PM
nasdaq.com logoShell Midstream to Buy Oil Pipelines Worth $630M from Shell
www.nasdaq.com - May 8 at 11:28 AM
globenewswire.com logoShell Midstream Partners, LP Agrees to Acquire Additional Assets from Shell - GlobeNewswire (press release)
globenewswire.com - May 7 at 8:27 AM
globenewswire.com logoShell Midstream Partners, L.P. 1st Quarter 2017 Unaudited Results - GlobeNewswire (press release)
globenewswire.com - May 7 at 8:27 AM
streetinsider.com logoShell Midstream Partners (SHLX) to Acquire Additional Assets from Shell for $630M
www.streetinsider.com - May 6 at 7:35 PM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Posts Earnings Results, Misses Expectations By $0.02 EPS
www.americanbankingnews.com - May 5 at 9:38 PM
seekingalpha.com logoShell Midstream Partners' (SHLX) CEO John Hollowell On Q1 2017 Results - Earnings Call Transcript
seekingalpha.com - May 5 at 8:09 PM
finance.yahoo.com logoShell Midstream Partners, L.P. Agrees to Acquire Additional Assets from Shell
finance.yahoo.com - May 5 at 8:09 PM
finance.yahoo.com logoShell Midstream Partners, L.P. 1st Quarter 2017 Unaudited Results
finance.yahoo.com - May 5 at 8:09 PM
finance.yahoo.com logoShell Midstream misses 1Q profit forecasts
finance.yahoo.com - May 5 at 8:09 PM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bearish Manner : SHLX-US : May 5, 2017
finance.yahoo.com - May 5 at 8:09 PM
americanbankingnews.com logoShell Midstream Partners (SHLX) Given Daily News Sentiment Rating of 0.27
www.americanbankingnews.com - May 4 at 2:14 PM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 3 at 11:31 AM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Set to Announce Quarterly Earnings on Friday
www.americanbankingnews.com - May 3 at 11:20 AM
americanbankingnews.com logoShell Midstream Partners (SHLX) Earns Media Impact Score of -0.09
www.americanbankingnews.com - May 1 at 4:42 PM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 1 at 2:26 PM
americanbankingnews.com logoZacks Investment Research Lowers Shell Midstream Partners LP (SHLX) to Sell
www.americanbankingnews.com - April 30 at 2:32 PM
nasdaq.com logoFirst Week of SHLX May 19th Options Trading
www.nasdaq.com - April 28 at 9:09 PM
americanbankingnews.com logoShell Midstream Partners (SHLX) Receiving Somewhat Positive Media Coverage, Analysis Finds
www.americanbankingnews.com - April 28 at 1:01 AM
finance.yahoo.com logoShell Midstream Partners LP : SHLX-US: Dividend Analysis : May 01st, 2017 (record date) : By the numbers : April 27, 2017
finance.yahoo.com - April 27 at 8:14 PM
investorplace.com logoEx-Dividend Reminders Include Phillips 66 Partners LP (PSXP ... - Investorplace.com
investorplace.com - April 26 at 4:18 PM
nasdaq.com logoShell Midstream Partners, L.P. (SHLX) Ex-Dividend Date Scheduled for April 27, 2017 - Nasdaq
www.nasdaq.com - April 26 at 4:18 PM
finance.yahoo.com logoShell Midstream Partners LP – Value Analysis (NYSE:SHLX) : April 25, 2017
finance.yahoo.com - April 25 at 6:50 PM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bearish Manner : SHLX-US : April 24, 2017
finance.yahoo.com - April 24 at 11:35 AM
americanbankingnews.com logoShell Midstream Partners (SHLX) Given Daily Media Impact Rating of 0.00
www.americanbankingnews.com - April 23 at 4:47 PM
americanbankingnews.com logoShell Midstream Partners LP (SHLX) Announces Dividend of $0.29
www.americanbankingnews.com - April 21 at 4:25 PM
reuters.com logoBRIEF-Shell Midstream declares 5.1 pct increase in qtrly distribution
www.reuters.com - April 20 at 7:55 PM
finance.yahoo.com logoShell Midstream Partners, L.P. Declares 5.1% Increase in Quarterly Distribution
finance.yahoo.com - April 20 at 7:55 PM
americanbankingnews.com logoShell Midstream Partners (SHLX) Receives Coverage Optimism Rating of 0.09
www.americanbankingnews.com - April 16 at 11:03 AM
nasdaq.com logoAdvance Notice of First-Quarter Financial Results for Shell Midstream Partners, L.P. - Nasdaq
www.nasdaq.com - April 14 at 12:37 PM
finance.yahoo.com logoAdvance Notice of First-Quarter Financial Results for Shell Midstream Partners, L.P.
finance.yahoo.com - April 14 at 12:37 PM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bearish Manner : SHLX-US : April 14, 2017
finance.yahoo.com - April 14 at 12:37 PM
americanbankingnews.com logoShell Midstream Partners (SHLX) Given Coverage Optimism Score of 0.35
www.americanbankingnews.com - April 13 at 4:17 PM
finance.yahoo.com logoShell Midstream Partners, L.P. Tax Packages Now Available
finance.yahoo.com - March 9 at 7:46 PM
biz.yahoo.com logoSHELL MIDSTREAM PARTNERS, L.P. Files SEC form 8-K, Entry into a Material Definitive Agreement
biz.yahoo.com - February 28 at 12:00 PM
globenewswire.com logoShell Midstream Partners, LP 4th Quarter 2016 Unaudited Results - GlobeNewswire (press release)
globenewswire.com - February 24 at 6:43 AM
finance.yahoo.com logoEdited Transcript of SHLX earnings conference call or presentation 23-Feb-17 4:00pm GMT
finance.yahoo.com - February 24 at 6:43 AM
reuters.com logoBRIEF-Shell Midstream Partners Qtrly net income per lP unit 34 cents
www.reuters.com - February 23 at 7:59 PM
streetinsider.com logoShell Midstream Partners (SHLX) Misses Q4 EPS by 2c
www.streetinsider.com - February 23 at 7:59 PM
seekingalpha.com logoShell Midstream Partners' (SHLX) CEO John Hollowell on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 23 at 7:59 PM
biz.yahoo.com logoQ4 2016 Shell Midstream Partners LP Earnings Release - Before Market Open
us.rd.yahoo.com - February 23 at 7:59 PM
us.rd.yahoo.com logoShell Midstream Partners, L.P. 4th Quarter 2016 Unaudited Results
us.rd.yahoo.com - February 23 at 7:59 PM
finance.yahoo.com logoShell Midstream Partners, L.P. 2016 Form 10-K Available on Website
finance.yahoo.com - February 23 at 7:59 PM
finance.yahoo.com logoWhy Shell Midstream Partners (SHLX) Might Surprise This Earnings Season
finance.yahoo.com - February 22 at 9:53 AM
finance.yahoo.com logoCoverage initiated on Shell Midstream Partners by JP Morgan
finance.yahoo.com - February 2 at 1:17 AM
nasdaq.com logoShell Midstream Partners, L.P. (SHLX) Ex-Dividend Date Scheduled for January 27, 2017 - Nasdaq
www.nasdaq.com - January 27 at 3:15 AM
seekingalpha.com logoShell Midstream: Price Remains Compelling Versus Peers - Seeking Alpha
seekingalpha.com - January 23 at 8:39 AM
streetinsider.com logoShell Midstream Partners (SHLX) Raises Quarterly Dividend 5% to $0.277; 3.6% Yield
www.streetinsider.com - January 20 at 6:46 AM

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Shell Midstream Partners LP (SHLX) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff