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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Pipelines, except natural gas
Sub-IndustryN/A
SectorOils/Energy
SymbolNYSE:SHLX
CUSIPN/A
Phone832-337-2034
Debt
Debt-to-Equity Ratio2.18
Current Ratio3.26
Quick Ratio3.26
Price-To-Earnings
Trailing P/E Ratio18.28
Forward P/E Ratio18.72
P/E Growth3.48
Sales & Book Value
Annual Sales$470.10 million
Price / Sales11.14
Cash Flow$1.8125 per share
Price / Cash12.91
Book Value($3.01) per share
Price / Book-7.77
Profitability
EPS (Most Recent Fiscal Year)$1.28
Net Income$372.60 million
Net Margins70.78%
Return on Equity-300.60%
Return on Assets23.22%
Miscellaneous
EmployeesN/A
Outstanding Shares223,810,000
Market Cap$5,237.18
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, April 27th. Stockholders of record on Monday, May 7th will be paid a dividend of $0.348 per share on Tuesday, May 15th. This represents a $1.39 dividend on an annualized basis and a dividend yield of 5.95%. The ex-dividend date is Friday, May 4th. This is a boost from Shell Midstream Partners's previous quarterly dividend of $0.33. View Shell Midstream Partners' Dividend History.
How were Shell Midstream Partners' earnings last quarter?
Shell Midstream Partners LP (NYSE:SHLX) announced its quarterly earnings data on Thursday, May, 3rd. The pipeline company reported $0.18 EPS for the quarter, topping analysts' consensus estimates of $0.16 by $0.02. The pipeline company had revenue of $99.60 million for the quarter, compared to analysts' expectations of $101.76 million. Shell Midstream Partners had a negative return on equity of 300.60% and a net margin of 70.78%. The company's revenue was up 41.9% compared to the same quarter last year. During the same quarter last year, the company earned $0.33 earnings per share. View Shell Midstream Partners' Earnings History.
When is Shell Midstream Partners' next earnings date?
What price target have analysts set for SHLX?
10 Wall Street analysts have issued 1 year target prices for Shell Midstream Partners' shares. Their predictions range from $24.00 to $38.00. On average, they anticipate Shell Midstream Partners' share price to reach $28.75 in the next twelve months. This suggests a possible upside of 22.9% from the stock's current price. View Analyst Ratings for Shell Midstream Partners.
What is the consensus analysts' recommendation 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."
Who are some of Shell Midstream Partners' key competitors?
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).
Who are Shell Midstream Partners' key executives?
Shell Midstream Partners' management team includes the folowing people:
- 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)
- Mr. Kevin M. Nichols, VP of Commercial at Shell Midstream Partners GP LLC (Age 50)
- Mr. Ernest J. Stutzman, Treasurer
Has Shell Midstream Partners been receiving favorable news coverage?
Media headlines about SHLX stock have been trending somewhat positive this week, according to Accern Sentiment Analysis. The research firm identifies negative and positive news coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Shell Midstream Partners earned a media sentiment score of 0.15 on Accern's scale. They also gave news coverage about the pipeline company an impact score of 46.13 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.
Who are Shell Midstream Partners' major shareholders?
Shell Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Bank of Montreal Can (0.90%), Miller Howard Investments Inc. NY (0.57%), Port Capital LLC (0.05%), Lucas Capital Management (0.02%), Clinton Group Inc. (0.02%) and Ballentine Partners LLC (0.02%). 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.
Which major investors are selling Shell Midstream Partners stock?
Which major investors are buying Shell Midstream Partners stock?
SHLX stock was bought by a variety of institutional investors in the last quarter, including Bank of Montreal Can, Lucas Capital Management and Ballentine Partners LLC. 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.
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 $23.40.
How big of a company is Shell Midstream Partners?
Shell Midstream Partners has a market capitalization of $5.24 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.
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)
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.
