NYSE:SHLX Shell Midstream Partners Stock Forecast, Price & 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 $9.62 -0.12 (-1.23 %) (As of 09/22/2020 12:00 AM ET) Add Compare Share Today's Range$9.42Now: $9.62▼$9.9550-Day Range$9.62MA: $10.80▼$12.2352-Week Range$5.70Now: $9.62▼$22.70Volume1.03 million shsAverage Volume1.34 million shsMarket Capitalization$3.78 billionP/E Ratio6.41Dividend Yield18.89%Beta1.72 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 3.0 Analyst's Opinion Consensus RatingShell Midstream Partners has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 2 buy ratings, 4 hold ratings, and 2 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $14.25, Shell Midstream Partners has a forecasted upside of 48.1% from its current price of $9.62.Amount of Analyst CoverageShell Midstream Partners has only been the subject of 2 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 318 “underperform” votes. (Add your “underperform” vote.)Community SentimentShell Midstream Partners has received 58.46% “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 2.5 Dividend Strength Dividend LeadershipShell Midstream Partners is a leading dividend payer. It pays a dividend yield of 18.89%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthShell Midstream Partners has been increasing its dividend for 5 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 110.84% 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 28.78% of the stock of Shell Midstream Partners is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Shell Midstream Partners are expected to grow by 30.71% in the coming year, from $1.27 to $1.66 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shell Midstream Partners is 6.41, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 18.40.Price to Earnings Ratio vs. SectorThe P/E ratio of Shell Midstream Partners is 6.41, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 15.91. Previous Next Analyst Opinion: 3.0Community Rank: 2.1Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.02 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 Ratio4.00 Current Ratio5.40 Quick Ratio5.40Price-To-Earnings Trailing P/E Ratio6.41 Forward P/E Ratio7.57 P/E GrowthN/A Sales & Book Value Annual Sales$503 million Price / Sales7.52 Cash Flow$2.08 per share Price / Cash Flow4.62 Book Value($3.21) per share Price / Book-3.00Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$528 million Net Margins102.85% Return on Equity-126.50% Return on Assets23.98%Miscellaneous EmployeesN/A Outstanding Shares393,289,000Market Cap$3.78 billion Next Earnings Date10/29/2020 (Estimated) OptionableOptionable $9.62 -0.12 (-1.23 %) (As of 09/22/2020 12:00 AM 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? Shell Midstream Partners' stock was trading at $12.22 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, SHLX shares have decreased by 21.3% and is now trading at $9.62. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Shell Midstream Partners? 8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 2 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) posted 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 analysts' expectations of $141.97 million. Shell Midstream Partners had a net margin of 102.85% and a negative return on equity of 126.50%. The company's quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the company earned $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 announced a quarterly dividend on Friday, July 24th. Investors of record on Tuesday, August 4th will be given a dividend of $0.46 per share on Friday, August 14th. This represents a $1.84 dividend on an annualized basis and a yield of 19.13%. 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? 8 Wall Street analysts have issued twelve-month target prices for Shell Midstream Partners' stock. Their forecasts range from $13.00 to $17.00. On average, they expect Shell Midstream Partners' share price to reach $14.25 in the next year. This suggests a possible upside of 48.1% from the stock's current price. View analysts' price targets for Shell Midstream Partners. 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), Holly Energy Partners (HEP), NuStar Energy (NS), Plains GP (PAGP), BP Midstream Partners (BPMP), Delek Logistics Partners (DKL), Noble Midstream Partners (NBLX), 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), EnLink Midstream (ENLC), DHT (DHT), Golar LNG Partners (GMLP), OrganiGram (OGI), Washington Prime Group (WPG), New Residential Investment (NRZ), Gran Tierra Energy (GTE) and Pennsylvania R.E.I.T. (PEI). 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 a number of institutional and retail investors. Top institutional investors include Alps Advisors Inc. (3.83%), Chickasaw Capital Management LLC (2.44%), Neuberger Berman Group LLC (2.13%), Kayne Anderson Capital Advisors LP (1.23%), Goldman Sachs Group Inc. (1.03%) and UBS Group AG (0.52%). 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 Kayne Anderson Capital Advisors LP, Alps Advisors Inc., Neuberger Berman Group LLC, FMR LLC, FMR LLC, Goldman Sachs Group Inc., Tiedemann Advisors LLC, and UBS Group AG. 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, Blackstone Group Inc, Marshall Wace North America L.P., Barclays PLC, State of Wisconsin Investment Board, NN Investment Partners Holdings N.V., NN Investment Partners Holdings N.V., and Cincinnati Insurance Co.. 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 $9.62. How big of a company is Shell Midstream Partners? Shell Midstream Partners has a market capitalization of $3.78 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 9/23/2020 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. 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