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. Shareholders 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 dividend on an annualized basis and a dividend yield of 7.68%. 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) issued its quarterly earnings data on Thursday, February, 21st. The pipeline company reported $0.45 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.49 by $0.04. The pipeline company had revenue of $142.30 million for 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 quarterly revenue was up 12.2% on a year-over-year basis. During the same period last year, the business earned $0.35 EPS. 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 1 year price targets for Shell Midstream Partners' shares. Their forecasts range from $22.00 to $36.00. On average, they anticipate Shell Midstream Partners' share price to reach $25.2222 in the next year. This suggests a possible upside of 21.1% 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.

News articles about SHLX stock have trended neutral recently, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Shell Midstream Partners earned a media sentiment score of 0.4 on InfoTrie's scale. They also gave news articles about the pipeline company a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company'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 number of of retail and institutional investors. Top institutional investors include Chickasaw Capital Management LLC (2.66%), Miller Howard Investments Inc. NY (0.51%), Spirit of America Management Corp NY (0.30%), Chicago Partners Investment Group LLC (0.04%), Conning Inc. (0.04%) and Virtu Financial LLC (0.01%). 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 Spirit of America Management Corp NY and Virtu Financial LLC. 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, 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 $20.83.

Shell Midstream Partners has a market capitalization of $4.66 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]