NYSE:SHLXShell Midstream Partners Stock Price, Forecast & 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 $13.42 -0.07 (-0.52 %) (As of 06/2/2020 04:00 PM ET) Add Compare Share Today's Range$13.31Now: $13.42▼$13.7250-Day Range$10.51MA: $12.81▼$15.2552-Week Range$5.70Now: $13.42▼$22.70Volume579,600 shsAverage Volume1.49 million shsMarket Capitalization$5.28 billionP/E Ratio8.60Dividend Yield13.71%Beta1.81 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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™ 3.9 Analyst's Opinion Consensus RatingShell Midstream Partners has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.89, Shell Midstream Partners has a potential upside of 25.8% from its current price of $13.42.Amount of Analyst CoverageShell Midstream Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesShell Midstream Partners has received 225 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShell Midstream Partners has received 312 “underperform” votes. (Add your “underperform” vote.)Community SentimentShell Midstream Partners has received 58.10% “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 1.7 Dividend Strength Dividend LeadershipShell Midstream Partners is a leading dividend payer. It pays a dividend yield of 13.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthShell Midstream Partners has only been increasing its dividend for 4 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 134.31 % in the coming year. This indicates that Shell Midstream Partners may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shell Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,807,209,683.00 in company stock and sold $0.00 in company stock.Percentage Held by InstitutionsOnly 29.49% of the stock of Shell Midstream Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shell Midstream Partners are expected to grow by 10.48% in the coming year, from $1.24 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shell Midstream Partners is 8.60, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 15.72.Price to Earnings Ratio vs. SectorThe P/E ratio of Shell Midstream Partners is 8.60, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 9.76. Previous Next Analyst Opinion: 3.9Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.52 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 RatioN/A Current Ratio8.77 Quick Ratio8.77Price-To-Earnings Trailing P/E Ratio8.60 Forward P/E Ratio10.82 P/E GrowthN/A Sales & Book Value Annual Sales$503 million Price / Sales10.49 Cash Flow$2.10 per share Price / Cash Flow6.38 Book Value($3.21) per share Price / Book-4.18Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$528 million Net Margins97.36% Return on Equity-63.01% Return on Assets23.91%Miscellaneous EmployeesN/A Outstanding Shares393,289,000Market Cap$5.28 billion Next Earnings Date8/6/2020 (Estimated) OptionableOptionable SHLX Rates by TradingView 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 (Coronavirus)? Shell Midstream Partners' stock was trading at $12.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, SHLX shares have increased by 9.8% and is now trading at $13.42. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 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, August 6th 2020. View our earnings forecast for Shell Midstream Partners. How were Shell Midstream Partners' earnings last quarter? Shell Midstream Partners LP (NYSE:SHLX) announced its earnings results on Thursday, May, 7th. The pipeline company reported $0.36 earnings per share for the quarter, missing the consensus estimate of $0.48 by $0.12. The pipeline company earned $121 million during the quarter, compared to analysts' expectations of $125.29 million. Shell Midstream Partners had a net margin of 97.36% and a negative return on equity of 63.01%. The company's quarterly revenue was down 7.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.47 earnings per share. 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 declared a quarterly dividend on Friday, April 24th. Stockholders of record on Tuesday, May 5th will be given a dividend of $0.46 per share on Friday, May 15th. This represents a $1.84 annualized dividend and a yield of 13.71%. The ex-dividend date is Monday, May 4th. View Shell Midstream Partners' dividend history. What price target have analysts set for SHLX? 9 analysts have issued 12-month target prices for Shell Midstream Partners' shares. Their forecasts range from $13.00 to $22.00. On average, they expect Shell Midstream Partners' stock price to reach $16.89 in the next twelve months. This suggests a possible upside of 25.8% from the stock's current price. View analysts' price targets for Shell Midstream Partners. Has Shell Midstream Partners been receiving favorable news coverage? News coverage about SHLX stock has been trending very negative recently, InfoTrie Sentiment reports. The research group ranks the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shell Midstream Partners earned a news sentiment score of -3.5 on InfoTrie's scale. They also gave media stories about the pipeline company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news aboutShell Midstream Partners. Are investors shorting Shell Midstream Partners? Shell Midstream Partners saw a increase in short interest in April. As of April 30th, there was short interest totaling 3,170,000 shares, an increase of 5.3% from the April 15th total of 3,010,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is presently 2.0 days. Currently, 4.4% of the company's stock are sold short. View Shell Midstream Partners' Current Options Chain. Who are some of Shell Midstream Partners' key competitors? Some companies that are related to Shell Midstream Partners include Mplx (MPLX), Phillips 66 Partners (PSXP), Magellan Midstream Partners (MMP), Plains All American Pipeline (PAA), NuStar Energy (NS), Plains GP (PAGP), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), 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), AT&T (T), Plains All American Pipeline (PAA), Royal Dutch Shell (RDS.A), Exxon Mobil (XOM), Kinder Morgan (KMI), Verizon Communications (VZ), Chatham Lodging Trust (CLDT) and IBM (IBM). 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 variety of institutional and retail investors. Top institutional investors include Tortoise Capital Advisors L.L.C. (7.83%), Alps Advisors Inc. (6.87%), Kayne Anderson Capital Advisors LP (3.17%), Chickasaw Capital Management LLC (2.84%), Invesco Ltd. (1.94%) and JPMorgan Chase & Co. (1.43%). Company insiders that own Shell Midstream Partners stock include Curtis R Frasier, 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 Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, UBS Group AG, Bleichroeder LP, Northwestern Mutual Investment Management Company LLC, Morgan Stanley, Morgan Stanley, and Clearbridge Investments LLC. View insider buying and selling activity 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 Wells Fargo & Company MN, Chickasaw Capital Management LLC, Alps Advisors Inc., Harvest Fund Advisors LLC, JPMorgan Chase & Co., Eagle Global Advisors LLC, Citigroup Inc., and Tiedemann Advisors LLC. Company insiders that have bought Shell Midstream Partners stock in the last two years include Curtis R Frasier, 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 $13.42. How big of a company is Shell Midstream Partners? Shell Midstream Partners has a market capitalization of $5.28 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 6/2/2020 by MarketBeat.com Staff
