NYSE:SHLX - Shell Midstream Partners Stock Price, Price Target & More

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$22.14 -0.06 (-0.27 %)
(As of 06/20/2018 01:15 AM ET)
Previous Close$22.20
Today's Range$22.00 - $22.44
52-Week Range$19.42 - $31.19
Volume1.14 million shs
Average Volume1.02 million shs
Market Capitalization$4.94 billion
P/E Ratio17.30
Dividend Yield6.31%
Beta1.24
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

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

Debt

Debt-to-Equity Ratio2.18
Current Ratio3.26
Quick Ratio3.26

Price-To-Earnings

Trailing P/E Ratio17.30
Forward P/E Ratio17.16
P/E Growth3.18

Sales & Book Value

Annual Sales$470.10 million
Price / Sales10.54
Cash Flow$1.8177 per share
Price / Cash12.18
Book Value($3.01) per share
Price / Book-7.36

Profitability

EPS (Most Recent Fiscal Year)$1.28
Net Income$372.60 million
Net Margins70.78%
Return on Equity-300.60%
Return on Assets23.22%

Miscellaneous

EmployeesN/A
Outstanding Shares223,810,000

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, April 27th. Stockholders of record on Monday, May 7th will be given a dividend of $0.348 per share on Tuesday, May 15th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 6.29%. The ex-dividend date of this dividend is Friday, May 4th. This is an increase from Shell Midstream Partners's previous quarterly dividend of $0.33. View Shell Midstream Partners' Dividend History.

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) issued its quarterly earnings results on Thursday, May, 3rd. The pipeline company reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $0.16 by $0.02. The pipeline company earned $99.60 million during the quarter, compared to analyst estimates of $101.76 million. Shell Midstream Partners had a negative return on equity of 300.60% and a net margin of 70.78%. The firm's revenue was up 41.9% on a year-over-year basis. During the same period in the prior year, the business posted $0.33 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 Wednesday, August, 1st 2018. View Earnings Estimates for Shell Midstream Partners.

What price target have analysts set for SHLX?

9 analysts have issued 1 year target prices for Shell Midstream Partners' stock. Their predictions range from $26.00 to $38.00. On average, they anticipate Shell Midstream Partners' stock price to reach $29.50 in the next twelve months. 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. 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)
  • Mr. Kevin M. Nichols, VP of Commercial at Shell Midstream Partners GP LLC (Age 50)
  • Mr. Ernest J. Stutzman, Treasurer

Has Shell Midstream Partners been receiving favorable news coverage?

Media stories about SHLX stock have been trending somewhat negative recently, Accern reports. The research firm ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. Shell Midstream Partners earned a news impact score of -0.06 on Accern's scale. They also assigned news headlines about the pipeline company an impact score of 46.77 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.

Who are Shell Midstream Partners' major shareholders?

Shell Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (7.36%), Tortoise Capital Advisors L.L.C. (7.36%), Alps Advisors Inc. (4.36%), Kayne Anderson Capital Advisors LP (3.32%), OppenheimerFunds Inc. (2.67%) and UBS Group AG (1.58%). Company insiders that own Shell Midstream Partners stock include Lori M Muratta, 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 Tortoise Capital Advisors L.L.C., Tortoise Capital Advisors L.L.C., Westwood Holdings Group Inc., BlackRock Inc., Freestone Capital Holdings LLC, Highland Capital Management LP, Duff & Phelps Investment Management Co. and SG Americas Securities LLC. View Insider Buying and Selling for Shell Midstream Partners.

Which major investors are buying Shell Midstream Partners stock?

SHLX stock was bought by a variety of institutional investors in the last quarter, including Kayne Anderson Capital Advisors LP, OppenheimerFunds Inc., Brookfield Asset Management Inc., Alps Advisors Inc., Summit Trail Advisors LLC, Atlantic Trust Group LLC, First Eagle Investment Management LLC and UBS Group AG. Company insiders that have bought Shell Midstream Partners stock in the last two years include 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 $22.14.

How big of a company is Shell Midstream Partners?

Shell Midstream Partners has a market capitalization of $4.94 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 (SHLX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  139 (Vote Outperform)
Underperform Votes:  182 (Vote Underperform)
Total Votes:  321
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 6/20/2018 by MarketBeat.com Staff

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