Shell Midstream Partners, L.P. Company Profile (NYSE:SHLX)

About Shell Midstream Partners, L.P. (NYSE:SHLX)

Shell Midstream Partners, L.P. logoShell Midstream Partners, L.P. is a master limited partnership company, which owns, operates, develops and acquires pipelines and other midstream assets. The Company conducts its operations through its subsidiary, Shell Midstream Operating, LLC. Its assets consist of interests in entities that own crude oil and refined products pipelines serving as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and to deliver refined products from those markets to demand centers. As of December 31, 2016, it owned interests in seven crude oil pipeline systems, three refined products systems, one natural gas gathering pipeline system and a crude tank storage and terminal system. Its pipeline and terminal systems include Zydeco crude oil system, Auger crude oil system, Mars crude oil system, Bengal product system, Poseidon crude oil system, Odyssey crude oil system, Proteus crude oil system and Endymion crude oil system.

Industry, Sector and Symbol: Capitalization:
  • Market Cap: $5.14463 billion
  • Outstanding Shares: 177,412,000
Average Prices:
  • 50 Day Moving Avg: $27.16
  • 200 Day Moving Avg: $29.95
  • 52 Week Range: $25.42 - $34.17
P/E:
  • Trailing P/E Ratio: 22.34
  • Foreward P/E Ratio: 17.44
  • P/E Growth: 1.45
Sales & Book Value:
  • Annual Revenue: $283.5 million
  • Price / Sales: 17.24
  • Book Value: ($1.54) per share
  • Price / Book: -17.89
Dividend:
  • Annual Dividend: $1.22
  • Dividend Yield: 4.4%
Profitability:
  • EBIDTA: $160.6 million
  • Net Margins: 87.22%
  • Return on Equity: 258.67%
  • Return on Assets: 28.64%
Debt:
  • Debt-to-Equity Ratio: -5.01%
  • Current Ratio: 3.30%
  • Quick Ratio: 3.30%
Misc:
  • Average Volume: 399,558 shs.
  • Beta: 1.17
  • Short Ratio: 4.95
 

Frequently Asked Questions for Shell Midstream Partners, L.P. (NYSE:SHLX)

What is Shell Midstream Partners, L.P.'s stock symbol?

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

How often does Shell Midstream Partners, L.P. pay dividends? What is the dividend yield for Shell Midstream Partners, L.P.?

Shell Midstream Partners, L.P. declared a quarterly dividend on Thursday, July 20th. Investors of record on Monday, July 31st will be given a dividend of $0.3041 per share on Monday, August 14th. This represents a $1.22 annualized dividend and a dividend yield of 4.42%. The ex-dividend date of this dividend is Thursday, July 27th. View Shell Midstream Partners, L.P.'s Dividend History.

How were Shell Midstream Partners, L.P.'s earnings last quarter?

Shell Midstream Partners, L.P. (NYSE:SHLX) issued its quarterly earnings data on Thursday, August, 3rd. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.31 by $0.02. The firm had revenue of $86.80 million for the quarter, compared to the consensus estimate of $69.55 million. Shell Midstream Partners, L.P. had a return on equity of 258.67% and a net margin of 87.22%. The business's revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.35 earnings per share. View Shell Midstream Partners, L.P.'s Earnings History.

When will Shell Midstream Partners, L.P. make its next earnings announcement?

Shell Midstream Partners, L.P. is scheduled to release their next quarterly earnings announcement on Wednesday, November, 1st 2017. View Earnings Estimates for Shell Midstream Partners, L.P..

Where is Shell Midstream Partners, L.P.'s stock going? Where will Shell Midstream Partners, L.P.'s stock price be in 2017?

5 brokers have issued 1-year price objectives for Shell Midstream Partners, L.P.'s shares. Their predictions range from $29.00 to $41.00. On average, they anticipate Shell Midstream Partners, L.P.'s stock price to reach $34.80 in the next twelve months. View Analyst Ratings for Shell Midstream Partners, L.P..

Who are some of Shell Midstream Partners, L.P.'s key competitors?

Who are Shell Midstream Partners, L.P.'s key executives?

Shell Midstream Partners, L.P.'s management team includes the folowing people:

  • Curtis R. Frasier, Chairman of the general partners
  • John Hollowell, President, Chief Executive Officer, Director of the General Partner
  • Shawn J. Carsten, Chief Financial Officer, Vice President, Director of the General Partner
  • Alton G. Smith, Vice President - Operations of general partners.
  • Lori M. Muratta, Vice President, General Counsel, Secretary of general partner
  • Kevin M. Nichols, Vice President - Commercial of general partner
  • James J. Bender, Director of general partner
  • Carlos Antonio Fierro, Director of general partner
  • Paul R A Goodfellow Ph.D., Director of general partner
  • Rob L. Jones, Director of general partner

Who owns Shell Midstream Partners, L.P. stock?

Shell Midstream Partners, L.P.'s stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (5.49%), Chickasaw Capital Management LLC (4.87%), Alps Advisors Inc. (3.66%), Kayne Anderson Capital Advisors LP (2.46%), Goldman Sachs Group Inc. (2.40%) and American Century Companies Inc. (1.31%). Company insiders that own Shell Midstream Partners, L.P. stock include Lori M Muratta, Margaret C Montana and Rob L Jones. View Institutional Ownership Trends for Shell Midstream Partners, L.P..

Who sold Shell Midstream Partners, L.P. stock? Who is selling Shell Midstream Partners, L.P. stock?

Shell Midstream Partners, L.P.'s stock was sold by a variety of institutional investors in the last quarter, including Center Coast Capital Advisors LP, Citigroup Inc., ING Groep NV, Kayne Anderson Capital Advisors LP, Atlantic Trust Group LLC, Neuberger Berman Group LLC, Miller Howard Investments Inc. NY and Chicago Partners Investment Group LLC. View Insider Buying and Selling for Shell Midstream Partners, L.P..

Who bought Shell Midstream Partners, L.P. stock? Who is buying Shell Midstream Partners, L.P. stock?

Shell Midstream Partners, L.P.'s stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Alps Advisors Inc., Mariner Investment Group LLC, Chickasaw Capital Management LLC, Global X Management Co. LLC, Spirit of America Management Corp NY and Goldman Sachs Group Inc.. Company insiders that have bought Shell Midstream Partners, L.P. stock in the last two years include Lori M Muratta, Margaret C Montana and Rob L Jones. View Insider Buying and Selling for Shell Midstream Partners, L.P..

How do I buy Shell Midstream Partners, L.P. stock?

Shares of Shell Midstream Partners, L.P. can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Shell Midstream Partners, L.P.'s stock price today?

One share of Shell Midstream Partners, L.P. stock can currently be purchased for approximately $27.55.


MarketBeat Community Rating for Shell Midstream Partners, L.P. (NYSE SHLX)
Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  89 (Vote Outperform)
Underperform Votes:  105 (Vote Underperform)
Total Votes:  194
MarketBeat's community ratings are surveys of what our community members think about Shell Midstream Partners, L.P. and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Shell Midstream Partners, L.P. (NYSE:SHLX) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 1 Hold Rating, 4 Buy Ratings
Consensus Rating:Buy (Score: 2.80)
Consensus Price Target: $34.80 (26.32% upside)

Analysts' Ratings History for Shell Midstream Partners, L.P. (NYSE:SHLX)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
9/15/2017Stifel NicolausReiterated RatingBuy$30.00LowView Rating Details
8/21/2017Royal Bank Of CanadaReiterated RatingBuy$41.00HighView Rating Details
2/28/2017MizuhoReiterated RatingBuy$36.00N/AView Rating Details
2/1/2017J P Morgan Chase & CoInitiated CoverageOverweight$38.00N/AView Rating Details
11/9/2016Barclays PLCReiterated RatingOverweight -> Equal Weight$39.00 -> $29.00N/AView Rating Details
6/16/2016Morgan StanleyInitiated CoverageEqual -> Equal Weight$39.00N/AView Rating Details
11/30/2015Evercore ISIReiterated RatingBuy$45.00N/AView Rating Details
(Data available from 9/24/2015 forward)

Earnings

Earnings History for Shell Midstream Partners, L.P. (NYSE:SHLX)
Earnings by Quarter for Shell Midstream Partners, L.P. (NYSE:SHLX)
Earnings History by Quarter for Shell Midstream Partners, L.P. (NYSE SHLX)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/1/2017$0.36N/AView Earnings Details
8/3/2017Q2 2017$0.31$0.29$69.55 million$86.80 millionViewListenView Earnings Details
5/5/2017Q1 2017$0.35$0.33$77.82 million$70.20 millionViewN/AView Earnings Details
2/23/2017Q416$0.36$0.34$73.06 million$75.60 millionViewN/AView Earnings Details
11/3/2016Q316$0.37$0.28$78.62 million$67.90 millionViewN/AView Earnings Details
8/4/2016Q216$0.39$0.35$78.15 million$71.10 millionViewN/AView Earnings Details
2/24/2016Q415$0.35$0.38$68.96 million$84.60 millionViewListenView Earnings Details
11/11/2015Q315$0.29$0.37$62.57 million$72.40 millionViewListenView Earnings Details
8/12/2015Q2$0.21$0.22$56.51 million$57.60 millionViewListenView Earnings Details
5/13/2015Q115$0.16$0.17$52.00 million$51.70 millionViewListenView Earnings Details
2/24/2015Q414$0.14$0.10$52.00 million$55.60 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Shell Midstream Partners, L.P. (NYSE:SHLX)
Current Year EPS Consensus Estimate: $1.38 EPS
Next Year EPS Consensus Estimate: $1.58 EPS

Dividends

Current Dividend Information for Shell Midstream Partners, L.P. (NYSE:SHLX)
Most Recent Dividend:8/14/2017
Annual Dividend:$1.22
Dividend Yield:4.43%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:98.39% (Trailing 12 Months of Earnings)
88.41% (Based on This Year's Estimates)
77.22% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Shell Midstream Partners, L.P. (NYSE:SHLX)

Dividend History by Quarter for Shell Midstream Partners, L.P. (NYSE SHLX)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/20/2017quarterly$0.303.94%7/27/20177/31/20178/14/2017
4/20/2017quarterly$0.293.62%4/27/20175/1/20175/12/2017
1/19/2017Quarterly$0.283.64%1/27/20171/31/20172/14/2017
10/19/2016quarterly$0.263.71%10/27/201610/31/201611/14/2016
7/21/2016quarterly$0.253.04%7/28/20168/1/20168/12/2016
4/20/2016quarterly$0.242.62%4/28/20165/2/20165/12/2016
1/21/2016quarterly$0.222.48%1/28/20162/1/20162/11/2016
10/22/2015quarterly$0.212.46%10/29/201511/2/201511/12/2015
7/22/2015quarterly$0.191.85%7/30/20158/3/20158/13/2015
4/23/2015quarterly$0.181.79%5/1/20155/5/20155/14/2015
1/22/2015special$0.101/29/20152/2/20152/12/2015
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Shell Midstream Partners, L.P. (NYSE:SHLX)
Institutional Ownership Percentage: 46.01%
Insider Trades by Quarter for Shell Midstream Partners, L.P. (NYSE:SHLX)
Institutional Ownership by Quarter for Shell Midstream Partners, L.P. (NYSE:SHLX)
Insider Trades by Quarter for Shell Midstream Partners, L.P. (NYSE:SHLX)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
9/12/2017Margaret C MontanaDirectorSell500$27.90$13,950.00View SEC Filing  
11/11/2016Lori M MurattaInsiderBuy960$25.99$24,950.40View SEC Filing  
11/11/2016Margaret C MontanaDirectorBuy4,000$25.95$103,800.00View SEC Filing  
12/11/2015Margaret C MontanaDirectorBuy3,000$33.15$99,450.00View SEC Filing  
12/10/2015Rob L JonesDirectorBuy5,000$33.93$169,650.00View SEC Filing  
11/3/2014Lori M MurattaInsiderBuy2,000$34.00$68,000.00View SEC Filing  
10/31/2014Michele F JoyInsiderBuy1,490$33.67$50,168.30View SEC Filing  
10/30/2014James J BenderDirectorBuy25,000$33.95$848,750.00View SEC Filing  
10/30/2014Margaret C MontanaInsiderBuy6,000$33.72$202,320.00View SEC Filing  
10/29/2014Kevin M NicholsVPBuy8,500$31.85$270,725.00View SEC Filing  
10/29/2014Rob L JonesDirectorBuy10,000$33.18$331,800.00View SEC Filing  
10/29/2014Susan M WardInsiderBuy25,000$23.00$575,000.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Shell Midstream Partners, L.P. (NYSE:SHLX)
Latest Headlines for Shell Midstream Partners, L.P. (NYSE:SHLX)
Source:
DateHeadline
americanbankingnews.com logoHead-To-Head Analysis: Enterprise Products Partners L.P. (EPD) vs. Shell Midstream Partners, L.P. (SHLX)
www.americanbankingnews.com - September 22 at 2:16 PM
nasdaq.com logoShell Midstream's Harvey-Affected Pipelines Resume Service - Nasdaq
www.nasdaq.com - September 20 at 9:00 AM
nasdaq.com logoShell Midstream's Harvey-Affected Pipelines Resume Service - Nasdaq
www.nasdaq.com - September 20 at 9:00 AM
americanbankingnews.com logoContrasting Shell Midstream Partners, L.P. (SHLX) and EnLink Midstream Partners, (ENLK)
www.americanbankingnews.com - September 17 at 2:50 PM
streetinsider.com logoShell Midstream Partners (SHLX) Expects $15M Operating Income Impact Due to Hurricane Harvey
www.streetinsider.com - September 17 at 7:53 AM
americanbankingnews.com logoStifel Nicolaus Reiterates Buy Rating for Shell Midstream Partners, L.P. (SHLX)
www.americanbankingnews.com - September 16 at 9:40 PM
globenewswire.com logoShell Midstream Partners, LP Expected Operating Income Impact Due to Hurricane Harvey - GlobeNewswire (press release)
globenewswire.com - September 16 at 8:38 AM
reuters.com logoBRIEF-Shell Midstream Partners L.P. expectes operating income impact due to Hurricane Harvey
www.reuters.com - September 15 at 8:52 AM
finance.yahoo.com logoShell Midstream Partners, L.P. Expected Operating Income Impact Due to Hurricane Harvey
finance.yahoo.com - September 15 at 8:52 AM
americanbankingnews.com logoMargaret C. Montana Sells 500 Shares of Shell Midstream Partners, L.P. (SHLX) Stock
www.americanbankingnews.com - September 14 at 4:51 PM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bullish Manner : SHLX-US : September 14, 2017
finance.yahoo.com - September 14 at 9:59 AM
streetinsider.com logoShell Midstream Partners (SHLX) Announces Sale of $275M Common Unit by Tortoise Capital
www.streetinsider.com - September 13 at 9:03 AM
americanbankingnews.com logo Brokerages Anticipate Shell Midstream Partners, L.P. (SHLX) Will Announce Quarterly Sales of $94.94 Million
www.americanbankingnews.com - September 12 at 11:36 AM
globenewswire.com logoShell Midstream Partners, LP Announces $275 Million in Common Unit Sales - GlobeNewswire (press release)
globenewswire.com - September 12 at 9:46 AM
finance.yahoo.com logoShell Midstream Partners, L.P. Announces $275 Million in Common Unit Sales
finance.yahoo.com - September 12 at 9:46 AM
americanbankingnews.com logo Brokerages Anticipate Shell Midstream Partners, L.P. (SHLX) Will Announce Earnings of $0.35 Per Share
www.americanbankingnews.com - September 10 at 6:32 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - September 8 at 9:28 AM
globenewswire.com logoShell Midstream Partners, LP Hurricane Harvey Operational Update - GlobeNewswire (press release)
globenewswire.com - September 8 at 8:22 AM
feeds.benzinga.com logoShell Midstream Partners, L.P. Hurricane Harvey Operational Update
feeds.benzinga.com - September 6 at 9:59 PM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Given Average Recommendation of "Buy" by Analysts
www.americanbankingnews.com - September 5 at 12:34 PM
finance.yahoo.com logoShell Midstream Partners LP : SHLX-US: Dividend Analysis : July 31st, 2017 (record date) : By the numbers : August 29, 2017
finance.yahoo.com - August 30 at 9:09 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Rating Increased to Sell at BidaskClub
www.americanbankingnews.com - August 25 at 4:48 PM
americanbankingnews.com logo$94.94 Million in Sales Expected for Shell Midstream Partners, L.P. (SHLX) This Quarter
www.americanbankingnews.com - August 24 at 1:46 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Receives "Buy" Rating from Royal Bank Of Canada
www.americanbankingnews.com - August 21 at 1:04 PM
seekingalpha.com logoWhy Shell Midstream Partners Is A Buy
seekingalpha.com - August 20 at 12:32 PM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Upgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - August 16 at 6:10 AM
americanbankingnews.com logoAnalyzing Shell Midstream Partners, L.P. (NYSE:SHLX) and Buckeye Partners L.P. (BPL)
www.americanbankingnews.com - August 13 at 6:10 PM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) Given Average Rating of "Hold" by Brokerages
www.americanbankingnews.com - August 11 at 12:58 PM
seekingalpha.com logoShell Midstream Partners' (SHLX) CEO John Hollowell on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 5 at 7:01 AM
businesswire.com logoCrestwood Announces Shell Midstream Partners Exercises Buy-In Option in Delaware Basin Nautilus Gas Gathering ... - Business Wire (press release)
www.businesswire.com - August 4 at 8:11 AM
globenewswire.com logoShell Midstream Partners, LP 2nd Quarter 2017 Unaudited Results - GlobeNewswire (press release)
globenewswire.com - August 4 at 8:11 AM
finance.yahoo.com logoShell Midstream Partners, L.P. 2nd Quarter 2017 Unaudited Results
finance.yahoo.com - August 4 at 8:11 AM
finance.yahoo.com logoShell Midstream misses 2Q profit forecasts
finance.yahoo.com - August 4 at 8:11 AM
finance.yahoo.com logoEdited Transcript of SHLX earnings conference call or presentation 3-Aug-17 1:30pm GMT
finance.yahoo.com - August 4 at 8:11 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (NYSE:SHLX) Announces Earnings Results, Misses Expectations By $0.03 EPS
www.americanbankingnews.com - August 3 at 4:50 PM
finance.yahoo.com logoShell Midstream Partners LP – Value Analysis (NYSE:SHLX) : July 31, 2017
finance.yahoo.com - August 1 at 6:22 AM
nasdaq.com logoShell Midstream Partners, LP (SHLX) Ex-Dividend Date Scheduled for July 27, 2017 - Nasdaq
www.nasdaq.com - July 28 at 7:56 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (SHLX) to Issue $0.30 Dividend
www.americanbankingnews.com - July 21 at 10:30 AM
globenewswire.com logoShell Midstream Partners, LP Declares 4.5% Increase in Quarterly Distribution - GlobeNewswire (press release)
globenewswire.com - July 21 at 7:03 AM
finance.yahoo.com logoShell Midstream Partners, L.P. Declares 4.5% Increase in Quarterly Distribution
finance.yahoo.com - July 21 at 7:02 AM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bullish Manner : SHLX-US : July 17, 2017
finance.yahoo.com - July 18 at 8:22 PM
finance.yahoo.com logoBP mulling IPO of U.S. Midwest and Gulf Coast pipeline assets
finance.yahoo.com - July 18 at 8:22 PM
americanbankingnews.com logoShell Midstream Partners, L.P. (NYSE:SHLX) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 17 at 12:33 PM
feeds.benzinga.com logoAdvance Notice of Second-Quarter Financial Results for Shell Midstream Partners, L.P.
feeds.benzinga.com - July 17 at 11:35 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (NYSE:SHLX) Rating Reiterated by Stifel Nicolaus
www.americanbankingnews.com - July 15 at 10:34 AM
nasdaq.com logoAnalysts Anticipate MLPA To Hit $13 - Nasdaq
www.nasdaq.com - July 12 at 7:53 AM
nasdaq.com logoSHLX Crosses Below Key Moving Average Level - Nasdaq
www.nasdaq.com - July 7 at 11:13 AM
americanbankingnews.com logoShell Midstream Partners, L.P. (NYSE:SHLX) Rating Increased to Hold at BidaskClub
www.americanbankingnews.com - July 6 at 7:50 PM
finance.yahoo.com logoShell Midstream Partners LP breached its 50 day moving average in a Bullish Manner : SHLX-US : July 4, 2017
finance.yahoo.com - July 5 at 10:40 AM
finance.yahoo.com logoETFs with exposure to Shell Midstream Partners LP : July 3, 2017
finance.yahoo.com - July 4 at 7:20 AM

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Chart

Shell Midstream Partners, L.P. (SHLX) Chart for Sunday, September, 24, 2017

This page was last updated on 9/24/2017 by MarketBeat.com Staff