NYSE:SHLX - Shell Midstream Partners Stock Price, News, & Analysis

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$18.98 +0.02 (+0.11 %)
(As of 11/19/2018 06:39 AM ET)
Previous Close$18.96
Today's Range$18.71 - $19.05
52-Week Range$18.58 - $31.19
Volume454,973 shs
Average Volume740,888 shs
Market Capitalization$4.25 billion
P/E Ratio14.83
Dividend Yield8.05%
Beta1.13
Shell 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

Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
Current SymbolNYSE:SHLX
Previous Symbol
CUSIPN/A
Phone832-337-2034

Debt

Debt-to-Equity Ratio2.18
Current Ratio4.64
Quick Ratio4.64

Price-To-Earnings

Trailing P/E Ratio14.83
Forward P/E Ratio13.09
P/E Growth4.35

Sales & Book Value

Annual Sales$470.10 million
Price / Sales9.04
Cash Flow$1.8128 per share
Price / Cash10.47
Book Value($3.01) per share
Price / Book-6.31

Profitability

EPS (Most Recent Fiscal Year)$1.28
Net Income$372.60 million
Net Margins80.40%
Return on Equity-215.59%
Return on Assets25.10%

Miscellaneous

EmployeesN/A
Outstanding Shares223,810,000
Market Cap$4.25 billion
OptionableOptionable

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, October 26th. Stockholders of record on Monday, November 5th will be given a dividend of $0.382 per share on Wednesday, November 14th. This represents a $1.53 dividend on an annualized basis and a dividend yield of 8.05%. The ex-dividend date of this dividend is Friday, November 2nd. This is a boost from Shell Midstream Partners's previous quarterly dividend of $0.37. View Shell Midstream Partners' Dividend History.

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) posted its quarterly earnings results on Thursday, November, 1st. The pipeline company reported $0.50 EPS for the quarter, beating the consensus estimate of $0.42 by $0.08. The pipeline company had revenue of $153.50 million for the quarter, compared to the consensus estimate of $137 million. Shell Midstream Partners had a negative return on equity of 215.59% and a net margin of 80.40%. During the same quarter last year, the firm earned $0.31 earnings per share. 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 Tuesday, February 26th 2019. View Earnings Estimates for Shell Midstream Partners.

What price target have analysts set for SHLX?

12 analysts have issued 1-year price objectives for Shell Midstream Partners' stock. Their predictions range from $22.00 to $38.00. On average, they expect Shell Midstream Partners' stock price to reach $26.6250 in the next year. This suggests a possible upside of 40.3% from the stock's current price. View Analyst Price Targets for Shell Midstream Partners.

What is the consensus analysts' recommendation for Shell Midstream Partners?

12 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 6 hold ratings and 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Shell Midstream Partners.

Has Shell Midstream Partners been receiving favorable news coverage?

News headlines about SHLX stock have been trending somewhat positive on Monday, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Shell Midstream Partners earned a news sentiment score of 1.1 on InfoTrie's scale. They also assigned media stories about the pipeline company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an effect on the stock's share price in the near future.

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. Kevin M. Nichols, Pres, CEO & Director of Shell Midstream Partners GP LLC (Age 50)
  • 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)
  • Ms. Courtney Selinidis, Investor Relations Officer

Who are Shell Midstream Partners' major shareholders?

Shell Midstream Partners' stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (8.39%), Alps Advisors Inc. (4.89%), Kayne Anderson Capital Advisors LP (4.03%), Chickasaw Capital Management LLC (3.04%), Advisory Research Inc. (1.98%) and JPMorgan Chase & Co. (1.41%). 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.

Which institutional investors are selling Shell Midstream Partners stock?

SHLX stock was sold by a variety of institutional investors in the last quarter, including Chickasaw Capital Management LLC, Bank of Montreal Can, Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Zimmer Partners LP, Miller Howard Investments Inc. NY, Cypress Wealth Advisors LLC, GSA Capital Partners LLP and Wells Fargo & Company MN. View Insider Buying and Selling for Shell Midstream Partners.

Which institutional investors are buying Shell Midstream Partners stock?

SHLX stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, Alps Advisors Inc., RR Advisors LLC, BP Capital Fund Advisors LLC, Advisory Research Inc. and Port Capital 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.

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 $18.98.

How big of a company is Shell Midstream Partners?

Shell Midstream Partners has a market capitalization of $4.25 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.

What is Shell Midstream Partners' official website?

The official website for Shell Midstream Partners is http://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]


MarketBeat Community Rating for Shell Midstream Partners (NYSE SHLX)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  180 (Vote Outperform)
Underperform Votes:  236 (Vote Underperform)
Total Votes:  416
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 11/19/2018 by MarketBeat.com Staff

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