NYSE:SHLX - Shell Midstream Partners Stock Price, News, & Analysis

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$21.07 -0.15 (-0.71 %)
(As of 05/19/2019 04:00 PM ET)
Previous Close$21.07
Today's Range$21.07 - $21.4322
52-Week Range$15.86 - $25.08
Volume515,674 shs
Average Volume564,250 shs
Market Capitalization$4.72 billion
P/E Ratio11.90
Dividend Yield7.88%
Beta1.28
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.

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Industry, Sector and Symbol

Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
CUSIPN/A
Phone832-337-2034

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$524.70 million
Cash Flow$2.3595 per share
Book Value($1.13) per share

Profitability

Net Income$464.10 million

Miscellaneous

EmployeesN/A
Market Cap$4.72 billion
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. Shareholders 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 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) issued its earnings results on Thursday, May, 2nd. The pipeline company reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 95.68% and a negative return on equity of 190.89%. During the same quarter last year, the firm posted $0.18 earnings per share. View Shell Midstream Partners' Earnings History.

When is Shell Midstream Partners' next earnings date?

Shell Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Shell Midstream Partners.

What price target have analysts set for SHLX?

9 brokerages have issued twelve-month price objectives for Shell Midstream Partners' shares. Their forecasts range from $22.00 to $36.00. On average, they anticipate Shell Midstream Partners' stock price to reach $25.2222 in the next year. 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?

Headlines about SHLX stock have trended somewhat positive recently, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Shell Midstream Partners earned a news impact score of 1.9 on InfoTrie's scale. They also assigned news headlines about the pipeline company a news buzz of 4.0 out of 10, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the next several days.

Who are some of Shell Midstream Partners' key competitors?

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 many different of retail and institutional 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?

The official website for Shell Midstream Partners is http://www.shellmidstreampartners.com.

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)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  197 (Thanks for Voting!)
Underperform Votes:  259 (Thanks for Voting!)
Total Votes:  456
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.
This page was last updated on 5/19/2019 by MarketBeat.com Staff

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