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

+0.09 (+0.41 %)
(As of 01/21/2020 03:23 AM ET)
Today's Range
Now: $22.23
50-Day Range
MA: $20.64
52-Week Range
Now: $22.23
Volume1.63 million shs
Average Volume868,922 shs
Market Capitalization$5.19 billion
P/E Ratio12.70
Dividend Yield8.01%
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. Read More…

Industry, Sector and Symbol

Industry Pipelines, except natural gas



Sales & Book Value

Annual Sales$524.70 million
Cash Flow$2.36 per share
Book Value($1.15) per share


Net Income$464.10 million


Market Cap$5.19 billion
Next Earnings Date2/20/2020 (Estimated)

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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 Thursday, October 24th. Shareholders of record on Monday, November 4th will be given a dividend of $0.445 per share on Thursday, November 14th. This represents a $1.78 dividend on an annualized basis and a yield of 8.01%. The ex-dividend date is Friday, November 1st. This is a boost from Shell Midstream Partners's previous quarterly dividend of $0.43. View Shell Midstream Partners' Dividend History.

How were Shell Midstream Partners' earnings last quarter?

Shell Midstream Partners LP (NYSE:SHLX) released its quarterly earnings data on Thursday, October, 31st. The pipeline company reported $0.45 earnings per share for the quarter, beating the consensus estimate of $0.40 by $0.05. The pipeline company had revenue of $125 million for the quarter, compared to analysts' expectations of $116.18 million. Shell Midstream Partners had a negative return on equity of 104.00% and a net margin of 101.89%. Shell Midstream Partners's quarterly revenue was down 18.6% on a year-over-year basis. During the same quarter last year, the business earned $0.50 EPS. 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 Thursday, February 20th 2020. View Earnings Estimates for Shell Midstream Partners.

What price target have analysts set for SHLX?

6 equities research analysts have issued 12-month price targets for Shell Midstream Partners' shares. Their forecasts range from $17.00 to $22.00. On average, they anticipate Shell Midstream Partners' stock price to reach $20.17 in the next year. This suggests that the stock has a possible downside of 9.3%. View Analyst Price Targets for Shell Midstream Partners.

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

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Shell Midstream Partners in the last year. There are currently 4 sell ratings, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Shell Midstream Partners.

Has Shell Midstream Partners been receiving favorable news coverage?

Media coverage about SHLX stock has been trending positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive news coverage by reviewing more than six thousand blog and news sources. 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 coverage optimism score of 3.0 on InfoTrie's scale. They also assigned news stories about the pipeline company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the immediate future. View News Stories for Shell Midstream Partners.

Are investors shorting Shell Midstream Partners?

Shell Midstream Partners saw a decline in short interest in the month of December. As of December 31st, there was short interest totalling 2,610,000 shares, a decline of 19.9% from the December 15th total of 3,260,000 shares. Based on an average trading volume of 714,600 shares, the days-to-cover ratio is presently 3.7 days. Currently, 2.1% of the shares of the stock are short sold. View Shell Midstream Partners' Current Options Chain.

Who are some of Shell Midstream Partners' key 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), IBM (IBM), Plains All American Pipeline (PAA), Royal Dutch Shell (RDS.A), Verizon Communications (VZ), Chatham Lodging Trust (CLDT), Kinder Morgan (KMI) and Mplx (MPLX).

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 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)

Who are Shell Midstream Partners' major shareholders?

Shell Midstream Partners' stock is owned by a variety of of institutional and retail investors. Top institutional investors include Chickasaw Capital Management LLC (2.21%), Spirit of America Management Corp NY (0.25%) and Diversified Trust Co (0.01%). Company insiders that own Shell Midstream Partners stock include Curtis R Frasier 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 Chickasaw Capital Management LLC, Spirit of America Management Corp NY and Diversified Trust Co. 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, Robinhood, Fidelity and Charles Schwab.

What is Shell Midstream Partners' stock price today?

One share of SHLX stock can currently be purchased for approximately $22.23.

How big of a company is Shell Midstream Partners?

Shell Midstream Partners has a market capitalization of $5.19 billion and generates $524.70 million in revenue each year. View Additional Information About Shell Midstream Partners.

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:  2.1 out of 5 (star star)
Outperform Votes:  216 (Vote Outperform)
Underperform Votes:  288 (Vote Underperform)
Total Votes:  504
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 1/21/2020 by MarketBeat.com Staff

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