NYSE:SHLXShell Midstream Partners Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Shell Midstream Partners LP Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $14.30 +0.66 (+4.84 %) (As of 06/3/2020 02:15 PM ET) Add Compare Share Today's Range$13.82Now: $14.31▼$14.3350-Day Range$10.51MA: $12.81▼$15.2552-Week Range$5.70Now: $14.31▼$22.70Volume367,441 shsAverage Volume1.24 million shsMarket Capitalization$5.63 billionP/E Ratio9.15Dividend Yield13.71%Beta1.81 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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. Shell Midstream Partners GP LLC serves as the general partner of Shell Midstream Partners, L.P. The company was founded in 2014 and is headquartered in Houston, Texas.Read More Beat the Market (BTM) Rank™ 2.9 Analyst's Opinion Consensus RatingShell Midstream Partners has received a consensus rating of Hold. The company's average rating score is 1.89, and is based on 2 buy ratings, 4 hold ratings, and 3 sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $16.89, Shell Midstream Partners has a potential upside of 18.1% from its current price of $14.31.Amount of Analyst CoverageShell Midstream Partners has been the subject of 6 research reports in the past 90 days, demonstrating strong analyst interest in this stock. Previous Next 2.1 Community Rank Outperform VotesShell Midstream Partners has received 225 “outperform” votes. (Add your “outperform” vote.)Underperform VotesShell Midstream Partners has received 312 “underperform” votes. (Add your “underperform” vote.)Community SentimentShell Midstream Partners has received 58.10% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipShell Midstream Partners is a leading dividend payer. It pays a dividend yield of 13.71%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthShell Midstream Partners has only been increasing its dividend for 4 years.Dividend CoverageThe dividend payout ratio of Shell Midstream Partners is 110.18 %. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Shell Midstream Partners will have a dividend payout ratio of 134.31 % in the coming year. This indicates that Shell Midstream Partners may not be able to sustain their current dividend. Previous Next 3.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Shell Midstream Partners insiders have bought more of their company's stock than they have sold. Specifically, they have bought $1,807,209,683.00 in company stock and sold $0.00 in company stock.Percentage Held by InstitutionsOnly 29.49% of the stock of Shell Midstream Partners is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Shell Midstream Partners are expected to grow by 10.48% in the coming year, from $1.24 to $1.37 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Shell Midstream Partners is 9.15, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.07.Price to Earnings Ratio vs. SectorThe P/E ratio of Shell Midstream Partners is 9.15, which means that it is trading at a less expensive P/E ratio than the Oils/Energy sector average P/E ratio of about 10.08. Previous Next Analyst Opinion: 2.9Community Rank: 2.1Dividend Strength: 1.7Insider Behavior: 3.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.32 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Pipelines, except natural gas Sub-IndustryN/A SectorOils/Energy Current SymbolNYSE:SHLX Previous Symbol CUSIPN/A CIK1610466 Webwww.shellmidstreampartners.com Phone832-337-2034Debt Debt-to-Equity RatioN/A Current Ratio8.77 Quick Ratio8.77Price-To-Earnings Trailing P/E Ratio9.15 Forward P/E Ratio11.54 P/E GrowthN/A Sales & Book Value Annual Sales$503 million Price / Sales11.18 Cash Flow$2.25 per share Price / Cash Flow6.35 Book Value($3.21) per share Price / Book-4.46Profitability EPS (Most Recent Fiscal Year)$1.67 Net Income$528 million Net Margins97.36% Return on Equity-63.01% Return on Assets23.91%Miscellaneous EmployeesN/A Outstanding Shares393,290,000Market Cap$5.63 billion Next Earnings Date8/6/2020 (Estimated) OptionableOptionable SHLX Rates by TradingView Receive SHLX News and Ratings via Email Sign-up to receive the latest news and ratings for SHLX and its competitors with MarketBeat's FREE daily newsletter. Shell Midstream Partners (NYSE:SHLX) Frequently Asked Questions How has Shell Midstream Partners' stock been impacted by COVID-19 (Coronavirus)? Shell Midstream Partners' stock was trading at $12.22 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, SHLX stock has increased by 17.1% and is now trading at $14.3050. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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 3 sell ratings, 4 hold ratings and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for Shell Midstream Partners. When is Shell Midstream Partners' next earnings date? Shell Midstream Partners is scheduled to release its next quarterly earnings announcement on Thursday, August 6th 2020. View our earnings forecast for Shell Midstream Partners. How were Shell Midstream Partners' earnings last quarter? Shell Midstream Partners LP (NYSE:SHLX) issued its earnings results on Thursday, May, 7th. The pipeline company reported $0.36 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.48 by $0.12. The pipeline company had revenue of $121 million for the quarter, compared to the consensus estimate of $125.29 million. Shell Midstream Partners had a negative return on equity of 63.01% and a net margin of 97.36%. The firm's quarterly revenue was down 7.6% on a year-over-year basis. During the same period last year, the company earned $0.47 earnings per share. View Shell Midstream Partners' earnings history. 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 24th. Investors of record on Tuesday, May 5th will be paid a dividend of $0.46 per share on Friday, May 15th. This represents a $1.84 annualized dividend and a dividend yield of 12.86%. The ex-dividend date of this dividend is Monday, May 4th. View Shell Midstream Partners' dividend history. What price target have analysts set for SHLX? 9 Wall Street analysts have issued 12-month price targets for Shell Midstream Partners' shares. Their forecasts range from $13.00 to $22.00. On average, they expect Shell Midstream Partners' share price to reach $16.89 in the next year. This suggests a possible upside of 18.1% from the stock's current price. View analysts' price targets for Shell Midstream Partners. Has Shell Midstream Partners been receiving favorable news coverage? Media coverage about SHLX stock has been trending somewhat positive recently, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real-time. 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 coverage optimism score of 1.7 on InfoTrie's scale. They also gave news stories about the pipeline company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the near future. View the latest news aboutShell Midstream Partners. Are investors shorting Shell Midstream Partners? Shell Midstream Partners saw a increase in short interest in the month of April. As of April 30th, there was short interest totaling 3,170,000 shares, an increase of 5.3% from the April 15th total of 3,010,000 shares. Based on an average daily trading volume, of 1,620,000 shares, the short-interest ratio is currently 2.0 days. Approximately 4.4% of the company's shares are sold short. View Shell Midstream Partners' Current Options Chain. Who are some of Shell Midstream Partners' key competitors? Some companies that are related to Shell Midstream Partners include Mplx (MPLX), Magellan Midstream Partners (MMP), Phillips 66 Partners (PSXP), Plains All American Pipeline (PAA), Plains GP (PAGP), NuStar Energy (NS), Holly Energy Partners (HEP), BP Midstream Partners (BPMP), Noble Midstream Partners (NBLX), Delek Logistics Partners (DKL), PBF Logistics (PBFX) and Blueknight Energy Partners (BKEP). View all 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), Plains All American Pipeline (PAA), Royal Dutch Shell (RDS.A), Exxon Mobil (XOM), Kinder Morgan (KMI), Verizon Communications (VZ), Chatham Lodging Trust (CLDT) and IBM (IBM). Who are Shell Midstream Partners' key executives? Shell Midstream Partners' management team includes the following 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) What is Shell Midstream Partners' stock symbol? Shell Midstream Partners trades on the New York Stock Exchange (NYSE) under the ticker symbol "SHLX." Who are Shell Midstream Partners' major shareholders? Shell Midstream Partners' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Tortoise Capital Advisors L.L.C. (7.83%), Alps Advisors Inc. (6.87%), Kayne Anderson Capital Advisors LP (3.17%), Chickasaw Capital Management LLC (2.84%), Invesco Ltd. (1.94%) and JPMorgan Chase & Co. (1.43%). Company insiders that own Shell Midstream Partners stock include Curtis R Frasier, Lori M Muratta, Pipeline Co Lp Shell, Rob L Jones 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 Tortoise Capital Advisors L.L.C., Kayne Anderson Capital Advisors LP, UBS Group AG, Bleichroeder LP, Northwestern Mutual Investment Management Company LLC, Morgan Stanley, Morgan Stanley, and Clearbridge Investments LLC. View insider buying and selling activity 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 Wells Fargo & Company MN, Chickasaw Capital Management LLC, Alps Advisors Inc., Harvest Fund Advisors LLC, JPMorgan Chase & Co., Eagle Global Advisors LLC, Citigroup Inc., and Tiedemann Advisors LLC. Company insiders that have bought Shell Midstream Partners stock in the last two years include Curtis R Frasier, Lori M Muratta, Pipeline Co Lp Shell, Rob L Jones, and Shawn J Carsten. View insider buying and selling activity 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 $14.31. How big of a company is Shell Midstream Partners? Shell Midstream Partners has a market capitalization of $5.63 billion and generates $503 million in revenue each year. The pipeline company earns $528 million in net income (profit) each year or $1.67 on an earnings per share basis. What is Shell Midstream Partners' official website? The official website for Shell Midstream Partners is 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] This page was last updated on 6/3/2020 by MarketBeat.com Staff
