Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the United States. It owns interests in crude oil and refined products pipelines and terminals to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets. The company stores and transports crude oil, refined, natural gas, and refinery gas products for various customers, including producers, refiners, marketers, and traders, as well as to other crude oil and refined products pipelines through its pipelines and storage tanks. Shell Midstream Partners GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was founded in 2014 and is headquartered in Houston, Texas.
Industry, Sector and Symbol
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Phone832-337-2034
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$524.70 million
Profitability
Miscellaneous
EmployeesN/A
Next Earnings Date8/1/2019 (Estimated)
OptionableOptionable
Shell Midstream Partners (NYSE:SHLX) Frequently Asked Questions
What is Shell Midstream Partners' stock symbol?
Shell Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHLX."
How often does Shell Midstream Partners pay dividends? What is the dividend yield for Shell Midstream Partners?
Shell Midstream Partners announced a quarterly dividend on Friday, April 26th. Investors of record on Monday, May 6th will be paid a dividend of $0.415 per share on Wednesday, May 15th. This represents a $1.66 dividend on an annualized basis and a yield of 7.88%. The ex-dividend date of this dividend is Friday, May 3rd. This is a positive change from Shell Midstream Partners's previous quarterly dividend of $0.40. View Shell Midstream Partners' Dividend History.
How were Shell Midstream Partners' earnings last quarter?
Shell Midstream Partners LP (NYSE:SHLX) released its quarterly earnings data on Thursday, May, 2nd. The pipeline company reported $0.47 EPS for the quarter, topping analysts' consensus estimates of $0.45 by $0.02. The pipeline company earned $131 million during the quarter, compared to the consensus estimate of $127.60 million. Shell Midstream Partners had a negative return on equity of 190.89% and a net margin of 95.68%. During the same period in the previous year, the business earned $0.18 earnings per share. View Shell Midstream Partners' Earnings History.
When is Shell Midstream Partners' next earnings date?
What price target have analysts set for SHLX?
9 brokers have issued 1 year price objectives for Shell Midstream Partners' stock. Their predictions range from $22.00 to $36.00. On average, they expect Shell Midstream Partners' stock price to reach $25.2222 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for Shell Midstream Partners.
What is the consensus analysts' recommendation for Shell Midstream Partners?
9 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 1 sell rating, 7 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shell Midstream Partners.
Has Shell Midstream Partners been receiving favorable news coverage?
Press coverage about SHLX stock has been trending positive recently, according to InfoTrie Sentiment Analysis. InfoTrie ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Shell Midstream Partners earned a media sentiment score of 2.3 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 9.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Who are some of Shell Midstream Partners' key competitors?
Some companies that are related to Shell Midstream Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Buckeye Partners (BPL), Phillips 66 Partners (PSXP), Plains GP (PAGP), Enbridge Energy Partners (EEP), Valero Energy Partners (VLP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).
What other stocks do shareholders of Shell Midstream Partners own?
Who are Shell Midstream Partners' key executives?
Shell Midstream Partners' management team includes the folowing people:
- Mr. Kevin M. Nichols, Pres, CEO & Director of Shell Midstream Partners GP LLC (Age 51)
- Mr. Shawn J. Carsten, CFO, VP & Director of Shell Midstream Partners GP LLC (Age 52)
- Mr. Alton G. Smith, VP of Operations at Shell Midstream Partners GP LLC (Age 58)
- Ms. Lori M. Muratta, VP, Gen. Counsel & Sec. of Shell Midstream Partners GP LLC (Age 54)
- Mr. Steven C. Ledbetter, VP of Commercial - Shell Midstream Partners GP LLC (Age 43)
Who are Shell Midstream Partners' major shareholders?
Shell Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (10.60%), Alps Advisors Inc. (5.24%), Goldman Sachs Group Inc. (4.99%), Kayne Anderson Capital Advisors LP (4.34%), Chickasaw Capital Management LLC (2.66%) and OppenheimerFunds Inc. (2.57%). Company insiders that own Shell Midstream Partners stock include Curtis R Frasier, Margaret C Montana and Shawn J Carsten. View Institutional Ownership Trends for Shell Midstream Partners.
Which major investors are selling Shell Midstream Partners stock?
SHLX stock was sold by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Morgan Stanley, Citigroup Inc., Alps Advisors Inc., JPMorgan Chase & Co., Skandinaviska Enskilda Banken AB publ , Westwood Holdings Group Inc. and CIBC Private Wealth Group LLC. View Insider Buying and Selling for Shell Midstream Partners.
Which major investors are buying Shell Midstream Partners stock?
SHLX stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Tortoise Capital Advisors L.L.C., Neuberger Berman Group LLC, Kayne Anderson Capital Advisors LP, Goldman Sachs Group Inc., Hsbc Holdings PLC, Northeast Financial Consultants Inc and Natixis. Company insiders that have bought Shell Midstream Partners stock in the last two years include Curtis R Frasier and Shawn J Carsten. View Insider Buying and Selling for Shell Midstream Partners.
How do I buy shares of Shell Midstream Partners?
Shares of SHLX can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Shell Midstream Partners' stock price today?
One share of SHLX stock can currently be purchased for approximately $21.07.
How big of a company is Shell Midstream Partners?
Shell Midstream Partners has a market capitalization of $4.72 billion and generates $524.70 million in revenue each year.
What is Shell Midstream Partners' official website?
How can I contact Shell Midstream Partners?
Shell Midstream Partners' mailing address is 150 N. DAIRY ASHFORD, HOUSTON TX, 77079. The pipeline company can be reached via phone at 832-337-2034 or via email at [email protected]
MarketBeat Community Rating for Shell Midstream Partners (NYSE SHLX)
MarketBeat's community ratings are surveys of what our community members think about Shell Midstream Partners and other stocks. Vote "Outperform" if you believe SHLX will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SHLX will underperform the S&P 500 over the long term. You may vote once every thirty days.
