S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13

Shell Midstream Partners Stock Forecast, Price & News

-0.12 (-1.05%)
(As of 12/3/2021 04:00 PM ET)
Today's Range
50-Day Range
52-Week Range
1.18 million shs
Average Volume
1.51 million shs
Market Capitalization
$4.45 billion
P/E Ratio
Dividend Yield
30 days | 90 days | 365 days | Advanced Chart
Receive SHLX News and Ratings via Email

Sign-up to receive the latest news and ratings for Shell Midstream Partners and its competitors with MarketBeat's FREE daily newsletter.

Shell Midstream Partners logo

About Shell Midstream Partners

Shell Midstream Partners LP owns, operates, develops, and acquires pipelines and other midstream assets. Its assets consist of entities which hold interest in crude oil and refined products pipelines and a crude tank storage and terminal system. The company was founded on March 19, 2014 and is headquartered in Houston, TX.


See More Headlines

Industry, Sector and Symbol

Pipelines, except natural gas
Year Founded

Sales & Book Value

Annual Sales
$481 million
Cash Flow
$1.41 per share
Book Value
$1.50 per share


Net Income
$543 million
Pretax Margin




Free Float
Market Cap
$4.45 billion

Company Calendar

Last Earnings
Dividend Payable
Fiscal Year End
Next Earnings (Estimated)


Overall MarketRank

1.99 out of 5 stars

Oils/Energy Sector

164th out of 349 stocks

Pipelines, Except Natural Gas Industry

11th out of 19 stocks

Analyst Opinion: 1.9Community Rank: 3.9Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Shell Midstream Partners (NYSE:SHLX) Frequently Asked Questions

Is Shell Midstream Partners a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last twelve months. There are currently 2 sell ratings, 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Shell Midstream Partners stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SHLX, but not buy additional shares or sell existing shares.
View analyst ratings for Shell Midstream Partners
or view top-rated stocks.

How has Shell Midstream Partners' stock been impacted by COVID-19 (Coronavirus)?

Shell Midstream Partners' stock was trading at $12.22 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, SHLX stock has decreased by 7.4% and is now trading at $11.32.
View which stocks have been most impacted by COVID-19

Are investors shorting Shell Midstream Partners?

Shell Midstream Partners saw a increase in short interest during the month of November. As of November 15th, there was short interest totaling 5,220,000 shares, an increase of 33.2% from the October 31st total of 3,920,000 shares. Based on an average trading volume of 1,310,000 shares, the short-interest ratio is presently 4.0 days. Approximately 4.3% of the company's stock are sold short.
View Shell Midstream Partners' Short Interest

When is Shell Midstream Partners' next earnings date?

Shell Midstream Partners is scheduled to release its next quarterly earnings announcement on Friday, February 18th 2022.
View our earnings forecast for Shell Midstream Partners

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners, L.P. (NYSE:SHLX) issued its quarterly earnings results on Thursday, October, 28th. The pipeline company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.07. The pipeline company had revenue of $128 million for the quarter, compared to analysts' expectations of $133.82 million. Shell Midstream Partners had a trailing twelve-month return on equity of 97.85% and a net margin of 106.61%. The business's revenue for the quarter was up 16.4% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.30 earnings per share.
View Shell Midstream Partners' earnings history

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

Shell Midstream Partners declared a quarterly dividend on Friday, October 22nd. Stockholders of record on Tuesday, November 2nd will be given a dividend of $0.30 per share on Friday, November 12th. This represents a $1.20 annualized dividend and a yield of 10.60%. The ex-dividend date is Monday, November 1st.
View Shell Midstream Partners' dividend history

Is Shell Midstream Partners a good dividend stock?

Shell Midstream Partners pays an annual dividend of $1.20 per share and currently has a dividend yield of 10.49%. SHLX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio of Shell Midstream Partners is 91.60%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Shell Midstream Partners will have a dividend payout ratio of 76.92% in the coming year. This indicates that Shell Midstream Partners may not be able to sustain their current dividend.
View Shell Midstream Partners' dividend history.

What price target have analysts set for SHLX?

5 brokerages have issued 12 month price objectives for Shell Midstream Partners' shares. Their forecasts range from $12.00 to $14.00. On average, they expect Shell Midstream Partners' share price to reach $13.30 in the next year. This suggests a possible upside of 17.5% from the stock's current price.
View analysts' price targets for Shell Midstream Partners
or view top-rated stocks among Wall Street analysts.

Who are Shell Midstream Partners' key executives?

Shell Midstream Partners' management team includes the following people:
  • Steven C. Ledbetter, President, Chief Executive Officer & Director
  • Shawn J. Carsten, Chief Financial Officer, Director & Vice President
  • Lori M. Muratta, Secretary, Vice President & General Counsel
  • Courtney Selinidis Mason, Investor Relations Officer

What other stocks do shareholders of Shell Midstream Partners own?

What is Shell Midstream Partners' stock symbol?

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

Who are Shell Midstream Partners' major shareholders?

Shell Midstream Partners' stock is owned by many different institutional and retail investors. Top institutional shareholders include Neuberger Berman Group LLC (1.63%), Chickasaw Capital Management LLC (1.18%), Goldman Sachs Group Inc. (1.02%), Morgan Stanley (0.84%), Tortoise Capital Advisors L.L.C. (0.67%) and Kayne Anderson Capital Advisors LP (0.47%). Company insiders that own Shell Midstream Partners stock include Lori M Muratta, Pipeline Co Lp Shell, Rob L Jones, Sean Guillory, Shawn J Carsten and Steven Ledbetter.
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 Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Neuberger Berman Group LLC, Arrowstreet Capital Limited Partnership, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Chickasaw Capital Management LLC, Spirit of America Management Corp NY, and Sumitomo Mitsui Trust Holdings Inc..
View insider buying and selling activity for Shell Midstream Partners
or view top insider-selling stocks.

Which major investors are buying Shell Midstream Partners stock?

SHLX stock was acquired by a variety of institutional investors in the last quarter, including Morgan Stanley, 683 Capital Management LLC, Brookfield Asset Management Inc., Goldman Sachs Group Inc., Cushing Asset Management LP, Citigroup Inc., Marshall Wace LLP, and Natixis. Company insiders that have bought Shell Midstream Partners stock in the last two years include Lori M Muratta, Pipeline Co Lp Shell, Rob L Jones, Sean Guillory, Shawn J Carsten, and Steven Ledbetter.
View insider buying and selling activity for Shell Midstream Partners
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Shell Midstream Partners' stock price today?

One share of SHLX stock can currently be purchased for approximately $11.32.

How much money does Shell Midstream Partners make?

Shell Midstream Partners has a market capitalization of $4.45 billion and generates $481 million in revenue each year. The pipeline company earns $543 million in net income (profit) each year or $1.31 on an earnings per share basis.

How many employees does Shell Midstream Partners have?

Shell Midstream Partners employs 2,020 workers across the globe.

What is Shell Midstream Partners' official website?

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

Where are Shell Midstream Partners' headquarters?

Shell Midstream Partners is headquartered at 150 N. DAIRY ASHFORD, HOUSTON TX, 77079.

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].

This page was last updated on 12/4/2021 by MarketBeat.com Staff


Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2021. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information

© 2021 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.