NYSE:SHLXShell Midstream Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shell Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $11.82 +0.07 (+0.60 %) (As of 07/31/2020 04:00 PM ET) Add Compare Share Today's Range$11.42Now: $11.82▼$11.9350-Day Range$10.91MA: $12.30▼$14.7252-Week Range$5.70Now: $11.82▼$22.70Volume1.21 million shsAverage Volume1.07 million shsMarket Capitalization$4.65 billionP/E Ratio7.58Dividend Yield15.57%Beta1.82 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingShell Midstream Partners has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.00, Shell Midstream Partners has a potential upside of 35.4% from its current price of $11.82.Amount of Analyst CoverageShell Midstream Partners has only been the subject of 3 research reports in the past 90 days. Previous Next 2.1 Community Rank Outperform VotesShell Midstream Partners has received 226 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShell Midstream Partners has received 314 “underperform” votes. (Add your “underperform” vote.)Community SentimentShell Midstream Partners has received 58.15% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipShell Midstream Partners is a leading dividend payer. It pays a dividend yield of 15.57%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthShell Midstream Partners has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Shell Midstream Partners is 110.18%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Shell Midstream Partners will have a dividend payout ratio of 134.31% in the coming year. This indicates that Shell Midstream Partners may not be able to sustain their current dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shell Midstream Partners insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 29.43% of the stock of Shell Midstream Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shell Midstream Partners are expected to grow by 10.48% in the coming year, from $1.24 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shell Midstream Partners is 7.58, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Shell Midstream Partners is 7.58, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.67. Previous Next Analyst Opinion: 2.9Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.72 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:SHLX Previous Symbol CUSIPN/A CIK1610466 Webwww.shellmidstreampartners.com Phone832-337-2034Debt Debt-to-Equity RatioN/A Current Ratio8.77 Quick Ratio8.77Price-To-Earnings Trailing P/E Ratio7.58 Forward P/E Ratio9.53 P/E GrowthN/A Sales & Book Value Annual Sales$503 million Price / Sales9.24 Cash Flow$2.11 per share Price / Cash Flow5.59 Book Value($3.21) per share Price / Book-3.68Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$528 million Net Margins97.36% Return on Equity-63.01% Return on Assets23.91%Miscellaneous EmployeesN/A Outstanding Shares393,290,000Market Cap$4.65 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $11.82 +0.07 (+0.60 %) (As of 07/31/2020 04:00 PM ET) 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 SHLX and its competitors with MarketBeat's FREE daily newsletter. Shell Midstream Partners (NYSE:SHLX) Frequently Asked Questions 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 Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, SHLX stock has decreased by 3.3% and is now trading at $11.82. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shell Midstream Partners. When is Shell Midstream Partners' next earnings date? Shell Midstream Partners is scheduled to release its next quarterly earnings announcement on Thursday, October 29th 2020. View our earnings forecast for Shell Midstream Partners. How were Shell Midstream Partners' earnings last quarter? Shell Midstream Partners LP (NYSE:SHLX) issued its earnings results on Friday, July, 31st. The pipeline company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.33 by $0.01. The pipeline company earned $120 million during the quarter, compared to the consensus estimate of $141.97 million. Shell Midstream Partners had a net margin of 97.36% and a negative return on equity of 63.01%. The firm's quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.36 EPS. 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, July 24th. Stockholders of record on Tuesday, August 4th will be paid a dividend of $0.46 per share on Friday, August 14th. This represents a $1.84 annualized dividend and a yield of 15.57%. The ex-dividend date of this dividend is Monday, August 3rd. View Shell Midstream Partners' dividend history. What price target have analysts set for SHLX? 9 equities research analysts have issued 1-year price targets for Shell Midstream Partners' stock. Their forecasts range from $13.00 to $22.00. On average, they expect Shell Midstream Partners' share price to reach $16.00 in the next twelve months. This suggests a possible upside of 35.4% from the stock's current price. View analysts' price targets for Shell Midstream Partners. Has Shell Midstream Partners been receiving favorable news coverage? Headlines about SHLX stock have trended negative on Monday, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand blog and news 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 -2.2 on InfoTrie's scale. They also assigned press coverage about the pipeline company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news about Shell Midstream Partners. Are investors shorting Shell Midstream Partners? Shell Midstream Partners saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 3,790,000 shares, a decrease of 6.9% from the June 15th total of 4,070,000 shares. Based on an average trading volume of 1,580,000 shares, the short-interest ratio is presently 2.4 days. Approximately 3.1% of the shares of the company are sold short. View Shell Midstream Partners' Current Options Chain. Who are some of Shell Midstream Partners' key competitors? Some companies that are related to Shell Midstream Partners include Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), NuStar Energy (NS), Plains GP (PAGP), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all competitors. What other stocks do shareholders of Shell Midstream Partners own? Based on aggregate information from My MarketBeat watchlists, some companies that other Shell Midstream Partners investors own include Energy Transfer LP Unit (ET), Enterprise Products Partners (EPD), AT&T (T), Plains All American Pipeline (PAA), Royal Dutch Shell (RDS.A), Exxon Mobil (XOM), Kinder Morgan (KMI), Verizon Communications (VZ), Chatham Lodging Trust (CLDT) and IBM (IBM). Who are Shell Midstream Partners' key executives? Shell Midstream Partners' management team includes the following 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) 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 retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (2.44%), UBS Group AG (0.52%), Miller Howard Investments Inc. NY (0.27%), Northeast Financial Consultants Inc (0.17%), Spirit of America Management Corp NY (0.11%) and NN Investment Partners Holdings N.V. (0.06%). Company insiders that own Shell Midstream Partners stock include Lori M Muratta, Pipeline Co Lp Shell, Rob L Jones 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 UBS Group AG, Northeast Financial Consultants Inc, Miller Howard Investments Inc. NY, Spirit of America Management Corp NY, First Trust Advisors LP, Envestnet Asset Management Inc., and Lindbrook Capital LLC. View insider buying and selling activity 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 Chickasaw Capital Management LLC, NN Investment Partners Holdings N.V., Sumitomo Mitsui Trust Holdings Inc., Vident Investment Advisory LLC, Vident Investment Advisory LLC, Fort Washington Investment Advisors Inc. OH, Raymond James Financial Services Advisors Inc., and Signaturefd LLC. 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, and Shawn J Carsten. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Shell Midstream Partners' stock price today? One share of SHLX stock can currently be purchased for approximately $11.82. How big of a company is Shell Midstream Partners? Shell Midstream Partners has a market capitalization of $4.65 billion and generates $503 million in revenue each year. The pipeline company earns $528 million in net income (profit) each year or $1.67 on an earnings per share basis. What is Shell Midstream Partners' official website? The official website for Shell Midstream Partners is 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] This page was last updated on 8/3/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. 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