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

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$21.89 -0.09 (-0.41 %)
(As of 09/21/2018 04:00 PM ET)
Previous Close$21.98
Today's Range$21.80 - $22.01
52-Week Range$19.42 - $31.19
Volume604,800 shs
Average Volume923,698 shs
Market Capitalization$4.89 billion
P/E Ratio17.10
Dividend Yield6.68%
Beta1.22
Shell Midstream Partners logoShell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the United States. Its crude oil pipeline systems include a 350 miles of Zydeco pipeline system; a 130-miles of delta pipeline; a 174-mile offshore Gulf of Mexico corridor pipeline; and a 75-mile offshore pipeline. The company also has interests in Mars pipeline system that is approximately 163 miles that delivers production received from the Mississippi Canyon area and Green Canyon and Walker Ridge to salt dome caverns in Clovelly, Louisiana; and a 105-mile Odyssey pipeline system, which transports crude oil in the offshore eastern Gulf of Mexico to markets in Louisiana. In addition, it has interests in a 367-mile Gulf of Mexico offshore pipeline that transports crude oil to Texas and Louisiana; a 70-mile crude oil pipeline that provides transportation for various oil producers in the eastern Gulf of Mexico; and a 89-mile crude oil Endymion pipeline system that offers transportation for various oil producers in the eastern Gulf of Mexico. In addition, it holds interests in Mars pipeline system that is approximately 163 miles that delivers production received from the Mississippi Canyon area and Green Canyon and Walker Ridge to salt dome caverns in Clovelly, Louisiana. The company's refined products pipeline systems consist of 160-mile Bengal pipeline system connecting four refineries in southern Louisiana to long-haul transportation pipelines; approximately 5,500 miles of pipeline connecting refineries along the Gulf Coast to approximately 265 marketing terminals; and Explorer pipeline system, an 1,830-mile common carrier petroleum products pipeline system, which extends from the Gulf Coast to the Midwest. Shell Midstream Partners GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was founded in 2014 and is based in Houston, Texas. Shell Midstream Partners, L.P. operates as a subsidiary of Shell Pipeline Company LP.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SHLX
CUSIPN/A
Phone832-337-2034

Debt

Debt-to-Equity Ratio-6.59
Current Ratio3.66
Quick Ratio3.66

Price-To-Earnings

Trailing P/E Ratio17.10
Forward P/E Ratio16.10
P/E Growth5.38

Sales & Book Value

Annual Sales$470.10 million
Price / Sales10.42
Cash Flow$1.8151 per share
Price / Cash12.06
Book Value($3.01) per share
Price / Book-7.27

Profitability

EPS (Most Recent Fiscal Year)$1.28
Net Income$372.60 million
Net Margins74.14%
Return on Equity-295.18%
Return on Assets23.25%

Miscellaneous

EmployeesN/A
Outstanding Shares223,810,000
Market Cap$4.89 billion

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, July 27th. Stockholders of record on Monday, August 6th will be given a dividend of $0.365 per share on Tuesday, August 14th. This represents a $1.46 annualized dividend and a dividend yield of 6.67%. The ex-dividend date is Friday, August 3rd. This is a boost from Shell Midstream Partners's previous quarterly dividend of $0.35. View Shell Midstream Partners' Dividend History.

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) posted its quarterly earnings results on Thursday, August, 2nd. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.01. The pipeline company had revenue of $129.30 million for the quarter, compared to analyst estimates of $120.71 million. Shell Midstream Partners had a net margin of 74.14% and a negative return on equity of 295.18%. The business's revenue for the quarter was up 29.8% compared to the same quarter last year. During the same period in the previous 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 Friday, November, 2nd 2018. View Earnings Estimates for Shell Midstream Partners.

What price target have analysts set for SHLX?

11 equities research analysts have issued 12-month price objectives for Shell Midstream Partners' stock. Their predictions range from $22.00 to $38.00. On average, they anticipate Shell Midstream Partners' stock price to reach $27.5909 in the next year. This suggests a possible upside of 26.0% from the stock's current price. View Analyst Price Targets for Shell Midstream Partners.

What is the consensus analysts' recommendation for Shell Midstream Partners?

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 4 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shell Midstream Partners.

Who are some of Shell Midstream Partners' key competitors?

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 50)
  • Mr. Shawn J. Carsten, CFO, VP & Director of Shell Midstream Partners GP LLC (Age 51)
  • Mr. Alton G. Smith, VP of Operations at Shell Midstream Partners GP LLC (Age 57)
  • Ms. Lori M. Muratta, VP, Gen. Counsel & Sec. of Shell Midstream Partners GP LLC (Age 53)
  • Ms. Courtney Selinidis, Investor Relations Officer

Has Shell Midstream Partners been receiving favorable news coverage?

Media headlines about SHLX stock have been trending somewhat positive recently, Accern reports. Accern ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Shell Midstream Partners earned a media and rumor sentiment score of 0.18 on Accern's scale. They also gave news coverage about the pipeline company an impact score of 46.57 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future. View Recent Headlines for Shell Midstream Partners.

Who are Shell Midstream Partners' major shareholders?

Shell Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (7.90%), Alps Advisors Inc. (4.59%), Chickasaw Capital Management LLC (4.38%), Alps Advisors Inc. (3.69%), Kayne Anderson Capital Advisors LP (3.65%) and OppenheimerFunds Inc. (2.01%). Company insiders that own Shell Midstream Partners stock include Curtis R Frasier, Lori M Muratta, Margaret C Montana and Shawn J Carsten. View Institutional Ownership Trends for Shell Midstream Partners.

Which institutional investors are selling Shell Midstream Partners stock?

SHLX stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Alps Advisors Inc., OppenheimerFunds Inc., CIBC Private Wealth Group LLC, Bank of America Corp DE, Port Capital LLC, Sei Investments Co. and Miller Howard Investments Inc. NY. View Insider Buying and Selling for Shell Midstream Partners.

Which institutional investors are buying Shell Midstream Partners stock?

SHLX stock was bought by a variety of institutional investors in the last quarter, including Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Bank of Montreal Can, Tortoise Capital Advisors L.L.C., Eagle Global Advisors LLC, Kayne Anderson Capital Advisors LP, Alps Advisors Inc., Global X Management Co LLC and First Republic Investment Management Inc.. Company insiders that have bought Shell Midstream Partners stock in the last two years include Curtis R Frasier, Lori M Muratta, Margaret C Montana 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 $21.89.

How big of a company is Shell Midstream Partners?

Shell Midstream Partners has a market capitalization of $4.89 billion and generates $470.10 million in revenue each year. The pipeline company earns $372.60 million in net income (profit) each year or $1.28 on an earnings per share basis.

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:  177 (Vote Outperform)
Underperform Votes:  223 (Vote Underperform)
Total Votes:  400
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 9/21/2018 by MarketBeat.com Staff

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