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, April 26th. Stockholders of record on Monday, May 6th will be paid a dividend of $0.415 per share on Wednesday, May 15th. This represents a $1.66 dividend on an annualized basis and a dividend yield of 7.63%. The ex-dividend date of this dividend is Friday, May 3rd. This is an increase from Shell Midstream Partners's previous quarterly dividend of $0.40. View Shell Midstream Partners' Dividend History.

Shell Midstream Partners LP (NYSE:SHLX) posted its quarterly earnings data on Thursday, May, 2nd. The pipeline company reported $0.47 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.45 by $0.02. The pipeline company earned $131 million during the quarter, compared to analyst estimates of $127.60 million. Shell Midstream Partners had a negative return on equity of 190.89% and a net margin of 95.68%. During the same quarter last year, the business posted $0.18 earnings per share. View Shell Midstream Partners' Earnings History.

Shell Midstream Partners is scheduled to release their next quarterly earnings announcement on Thursday, August 1st 2019. View Earnings Estimates for Shell Midstream Partners.

9 brokers have issued 12 month price objectives for Shell Midstream Partners' stock. Their forecasts range from $22.00 to $36.00. On average, they expect Shell Midstream Partners' share price to reach $25.2222 in the next year. This suggests a possible upside of 15.9% 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 positive on Saturday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Shell Midstream Partners earned a media sentiment score of 2.5 on InfoTrie's scale. They also gave media stories about the pipeline company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Some companies that are related to Shell Midstream Partners include Plains All American Pipeline (PAA), Magellan Midstream Partners (MMP), Andeavor Logistics (ANDX), Buckeye Partners (BPL), Phillips 66 Partners (PSXP), Plains GP (PAGP), Enbridge Energy Partners (EEP), Valero Energy Partners (VLP), NuStar Energy (NS), Holly Energy Partners (HEP), 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), Enterprise Products Partners (EPD), AT&T (T), Royal Dutch Shell (RDS.A), Hawkins (HWKN), Chatham Lodging Trust (CLDT), Plains All American Pipeline (PAA), Energy Transfer Equity LP Unit (ETE), Kinder Morgan (KMI) and Royal Dutch Shell (RDSA).

Shell Midstream Partners' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (10.60%), Alps Advisors Inc. (5.24%), Goldman Sachs Group Inc. (4.99%), Kayne Anderson Capital Advisors LP (4.34%), Chickasaw Capital Management LLC (2.66%) and OppenheimerFunds Inc. (2.57%). 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 Commonwealth of Pennsylvania Public School Empls Retrmt SYS, Morgan Stanley, Citigroup Inc., Alps Advisors Inc., JPMorgan Chase & Co., Skandinaviska Enskilda Banken AB publ , Westwood Holdings Group Inc. and CIBC Private Wealth Group LLC. View Insider Buying and Selling for Shell Midstream Partners.

SHLX stock was acquired by a variety of institutional investors in the last quarter, including OppenheimerFunds Inc., Tortoise Capital Advisors L.L.C., Neuberger Berman Group LLC, Kayne Anderson Capital Advisors LP, Goldman Sachs Group Inc., Hsbc Holdings PLC, Northeast Financial Consultants Inc and Natixis. 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 $21.76.

Shell Midstream Partners has a market capitalization of $4.87 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]