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

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

Shell Midstream Partners declared a quarterly dividend on Friday, January 25th. Investors 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 annualized dividend and a yield of 7.70%. 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.

Shell Midstream Partners LP (NYSE:SHLX) released its earnings results on Thursday, February, 21st. The pipeline company reported $0.45 EPS for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.04. The pipeline company earned $142.30 million during 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 revenue was up 12.2% compared to the same quarter last year. During the same period in the previous year, the company earned $0.35 earnings per share. View Shell Midstream Partners' Earnings History.

Shell Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, May 2nd 2019. View Earnings Estimates for Shell Midstream Partners.

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.

9 analysts have issued 12 month price objectives for Shell Midstream Partners' stock. Their predictions range from $22.00 to $36.00. On average, they expect Shell Midstream Partners' stock price to reach $25.2222 in the next year. This suggests a possible upside of 21.3% from the stock's current price. View Analyst Price Targets 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.

Media stories about SHLX stock have been trending somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Shell Midstream Partners earned a news impact score of 1.1 on InfoTrie's scale. They also gave headlines about the pipeline company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an impact on the stock's share price in the near future.

Some companies that are related to Shell Midstream Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Phillips 66 Partners (PSXP), Buckeye Partners (BPL), Plains GP (PAGP), Enbridge Energy Partners (EEP), Holly Energy Partners (HEP), Valero Energy Partners (VLP), NuStar Energy (NS), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

Based on aggregate information from My MarketBeat watchlists, some companies that other Shell Midstream Partners investors own include Energy Transfer LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Royal Dutch Shell (RDS.A), Hawkins (HWKN), Chatham Lodging Trust (CLDT), Plains All American Pipeline (PAA), Buckeye Partners (BPL), Energy Transfer Equity LP Unit (ETE) and Kinder Morgan (KMI).

Shell Midstream Partners' stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Chickasaw Capital Management LLC (2.66%), Miller Howard Investments Inc. NY (0.51%), Spirit of America Management Corp NY (0.30%), Duff & Phelps Investment Management Co. (0.19%), Chicago Partners Investment Group LLC (0.04%) and Conning Inc. (0.04%). 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.

SHLX stock was sold by a variety of institutional investors in the last quarter, including Duff & Phelps Investment Management Co., Spirit of America Management Corp NY, Virtu Financial LLC, Oppenheimer Asset Management Inc. and BNP Paribas Arbitrage SA. View Insider Buying and Selling for Shell Midstream Partners.

SHLX stock was purchased by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Miller Howard Investments Inc. NY, First National Trust Co, A. D. Beadell Investment Counsel Inc., Avalon Advisors LLC, 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.

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.

One share of SHLX stock can currently be purchased for approximately $20.79.

Shell Midstream Partners has a market capitalization of $4.65 billion and generates $524.70 million in revenue each year.

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

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]