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, July 27th. Investors 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 dividend on an annualized basis and a yield of 6.24%. The ex-dividend date is Friday, August 3rd. This is an increase from Shell Midstream Partners's previous quarterly dividend of $0.35. View Shell Midstream Partners' Dividend History.

Shell Midstream Partners LP (NYSE:SHLX) issued its quarterly earnings data on Thursday, August, 2nd. The pipeline company reported $0.35 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.34 by $0.01. The pipeline company earned $129.30 million during the quarter, compared to the consensus estimate of $120.71 million. Shell Midstream Partners had a negative return on equity of 295.18% and a net margin of 74.14%. The firm's quarterly revenue was up 29.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.18 EPS. View Shell Midstream Partners' Earnings History.

Shell Midstream Partners is scheduled to release their next quarterly earnings announcement on Friday, November, 2nd 2018. View Earnings Estimates for Shell Midstream Partners.

10 equities research analysts have issued 12 month target prices for Shell Midstream Partners' stock. Their forecasts range from $24.00 to $38.00. On average, they expect Shell Midstream Partners' stock price to reach $28.55 in the next year. This suggests a possible upside of 22.1% from the stock's current price. View Analyst Price Targets for Shell Midstream Partners.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shell Midstream Partners.

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), NuStar Energy (NS), Valero Energy Partners (VLP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), PBF Logistics (PBFX), Delek Logistics Partners (DKL) and TransMontaigne Partners (TLP).

Press coverage about SHLX stock has trended positive this week, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Shell Midstream Partners earned a news and rumor sentiment score of 0.43 on Accern's scale. They also assigned news stories about the pipeline company an impact score of 48.71 out of 100, indicating that recent media coverage is somewhat unlikely to have an effect on the company's share price in the near future. View Recent Headlines for Shell Midstream Partners.

Shell Midstream Partners' stock is owned by many different of institutional and retail 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.

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.

SHLX stock was purchased 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.

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 $23.38.

Shell Midstream Partners has a market capitalization of $5.06 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.

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]