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

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$20.83 +0.07 (+0.34 %)
(As of 04/24/2019 04:05 AM ET)
Previous Close$20.76
Today's Range$20.68 - $20.97
52-Week Range$15.86 - $25.08
Volume838,900 shs
Average Volume785,061 shs
Market Capitalization$4.66 billion
P/E Ratio13.80
Dividend Yield7.71%
Beta1.31
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$2.4081 per share
Book Value($1.15) per share

Profitability

Net Income$464.10 million

Miscellaneous

EmployeesN/A
Market Cap$4.66 billion
Next Earnings Date5/2/2019 (Confirmed)
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 declared a quarterly dividend on Friday, January 25th. Shareholders of record on Monday, February 4th will be paid a dividend of $0.40 per share on Thursday, February 14th. This represents a $1.60 dividend on an annualized basis and a dividend yield of 7.68%. The ex-dividend date of this dividend is Friday, February 1st. This is an increase from Shell Midstream Partners's previous quarterly dividend of $0.38. View Shell Midstream Partners' Dividend History.

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) issued its quarterly earnings data on Thursday, February, 21st. The pipeline company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.04. The pipeline company had revenue of $142.30 million for the quarter, compared to analyst estimates of $146.32 million. Shell Midstream Partners had a net margin of 88.45% and a negative return on equity of 411.89%. Shell Midstream Partners's quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the business earned $0.35 EPS. 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, May 2nd 2019. View Earnings Estimates for Shell Midstream Partners.

How can I listen to Shell Midstream Partners' earnings call?

Shell Midstream Partners will be holding an earnings conference call on Friday, May 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link.

What price target have analysts set for SHLX?

9 analysts have issued 1 year price targets for Shell Midstream Partners' shares. Their forecasts range from $22.00 to $36.00. On average, they anticipate Shell Midstream Partners' share price to reach $25.2222 in the next year. This suggests a possible upside of 21.1% 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?

News articles about SHLX stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Shell Midstream Partners earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future.

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 a number of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (2.66%), Miller Howard Investments Inc. NY (0.51%), Spirit of America Management Corp NY (0.30%), Chicago Partners Investment Group LLC (0.04%), Conning Inc. (0.04%) and Virtu Financial LLC (0.01%). 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 Spirit of America Management Corp NY and Virtu Financial LLC. View Insider Buying and Selling for Shell Midstream Partners.

Which major investors are buying Shell Midstream Partners stock?

SHLX stock was purchased by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Miller Howard Investments Inc. NY, Conning Inc. and Chicago Partners Investment Group LLC. 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 $20.83.

How big of a company is Shell Midstream Partners?

Shell Midstream Partners has a market capitalization of $4.66 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:  196 (Vote Outperform)
Underperform Votes:  257 (Vote Underperform)
Total Votes:  453
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 4/24/2019 by MarketBeat.com Staff

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