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Shell Midstream Partners L.P. (SHLX)

NYSE: SHLX · Delayed Price · USD
12.15
-0.26 (-2.10%)
Pre-market:Oct 22, 2021 4:03 AM EDT
12.41
-0.02 (-0.16%)
At close: Oct 21, 4:00 PM
Market Cap4.88B
Revenue (ttm)527.00M
Net Income (ttm)589.00M
Shares Out393.30M
EPS (ttm)1.24
PE Ratio10.05
Forward PE7.19
Dividend$1.61 (12.94%)
Ex-Dividend DateAug 2, 2021
Volume1,292,262
Open12.66
Previous Close12.43
Day's Range12.22 - 12.71
52-Week Range7.32 - 15.75
Beta1.70
AnalystsHold
Price Target14.35 (+15.6%)
Est. Earnings DateOct 29, 2021

About SHLX

Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream, and logistics 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...

IndustryOil, Gas & Consumable Fuels
IPO DateOct 29, 2014
CEOKevin Nichols
CountryUnited States
Stock ExchangeNYSE
Ticker SymbolSHLX
Full Company Profile

Financial Performance

In 2020, SHLX's revenue was $481.00 million, a decrease of -4.37% compared to the previous year's $503.00 million. Earnings were $543.00 million, an increase of 2.84%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for SHLX stock is "Hold." The 12-month stock price forecast is 14.35, which is an increase of 15.63% from the latest price.

Price Target
$14.35
(15.63% upside)
Analyst Consensus: Hold

News

Shell Midstream Partners, L.P. Declares Distribution of $0.30 Per Limited Partner Common Unit

Houston, Oct. 21, 2021 (GLOBE NEWSWIRE) -- * SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.

21 hours ago - GlobeNewsWire

Advance Notice of Third Quarter Financial Results for Shell Midstream Partners, L.P.

Houston, Oct. 18, 2021 (GLOBE NEWSWIRE) -- Houston, Texas, October 18, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.'s Third Quarter Earnings Conference Call will be held Friday, October 29, 2...

3 days ago - GlobeNewsWire

Shell Midstream Partners, L.P. Expected Net Income Impact Due to Hurricane Ida

Houston, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (“Shell Midstream Partners” or the “Partnership”) today announced that it expects outages and repairs related to Hu...

3 weeks ago - GlobeNewsWire

Shell Midstream Assesses Initial Impacts Related to Hurricane Ida

Houston, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (“Shell Midstream Partners” or the “Partnership”) and Shell Pipeline Company, L.P. are currently working to perform...

1 month ago - GlobeNewsWire

SHELL MIDSTREAM PARTNERS, L.P. 2nd QUARTER 2021 UNAUDITED RESULTS

Houston, July 30, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $162 milli...

2 months ago - GlobeNewsWire

Why Earnings Season Could Be Great for Shell Midstream Partners (SHLX)

Shell Midstream Partners (SHLX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - Zacks Investment Research

4 Oil Pipeline Stocks to Gain on Recovering Midstream Asset Demand

Demand for pipeline and storage assets is recovering on rising production volumes of commodities. This is brightening up the outlook for the Zacks Oil and Gas - Pipeline MLP industry, putting the spotli...

Other symbols:EPDETSMLP
2 months ago - Zacks Investment Research

All You Need to Know About Shell Midstream (SHLX) Rating Upgrade to Buy

Shell Midstream (SHLX) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

2 months ago - Zacks Investment Research

Shell Midstream Partners, L.P. Declares Distribution of $0.30 Per Limited Partner Common Unit

Houston, July 22, 2021 (GLOBE NEWSWIRE) -- * SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.

2 months ago - GlobeNewsWire

Advance Notice of Second Quarter Financial Results for Shell Midstream Partners, L.P.

Houston, July 16, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.'s Second Quarter Earnings Conference Call will be held Friday, July 30, 2021 at 10:00am CST. Shell Midstream Partners' participa...

3 months ago - GlobeNewsWire

Alcoa, Comerica, Shell Midstream, Thermo Fisher and More Friday Afternoon Analyst Calls

With the trading day past the halfway mark, the major averages were pulling back despite a strong start to the day.

Other symbols:AACMATMOHLXMDLAREGIW
3 months ago - 24/7 Wall Street

7 MLPs to Consider as Oil Prices Climb

These master limited partnerships (MLPs) are benefiting from a rebound in oil prices – and offer an interesting option for yield-starved investors.

Other symbols:AMLPEPDETHESMMMPMPLX
3 months ago - Kiplinger

New Strong Sell Stocks for April 30th

ARAY, EBS, FARM, SHLX, and TPB have been added to the Zacks Rank #5 (Strong Sell) List on April 30, 2021

Other symbols:ARAYEBSFARMTPB
5 months ago - Zacks Investment Research

SHELL MIDSTREAM PARTNERS, L.P. 1st QUARTER 2021 UNAUDITED RESULTS

Houston, April 30, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $163 mill...

5 months ago - GlobeNewsWire

Shell Midstream Partners (SHLX) Enters Overbought Territory

Shell Midstream Partners (SHLX) has moved higher as of late, but there could definitely be trouble on the horizon for this company

5 months ago - Zacks Investment Research

Preview: Shell Midstream Partners's Earnings

Shell Midstream Partners (NYSE:SHLX) announces its next round of earnings this Friday, April 30. Here is Benzinga's look at Shell Midstream Partners's Q1 earnings report.

5 months ago - Benzinga

Shell Midstream Partners, L.P. Declares Distribution of $0.46 Per Limited Partner Common Unit

Houston, April 22, 2021 (GLOBE NEWSWIRE) -- * SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.

5 months ago - GlobeNewsWire

Advance Notice of First Quarter Financial Results for Shell Midstream Partners, L.P.

Houston, April 13, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.'s First Quarter Earnings Conference Call will be held Friday, April 30th, 2021 at 10:00am CST. Shell Midstream Partners' partic...

6 months ago - GlobeNewsWire

7 Dividend Stocks You Can Trust Your Retirement To

Dividend stocks remain one of the most stable segments to pour your capital into. Here are seven companies will put your mind at ease.

Other symbols:CORGAINPFERILYT
7 months ago - InvestorPlace

Shell Midstream Partners (SHLX) Jumps: Stock Rises 7.7%

Shell Midstream Partners (SHLX) saw a big move last session, as its shares jumped nearly 8% on the day, amid huge volumes.

7 months ago - Zacks Investment Research

Shell Midstream Partners, L.P. 2020 Form 10-K Available on Website

Houston, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 was filed with the ...

7 months ago - GlobeNewsWire

SHELL MIDSTREAM PARTNERS, L.P. 4th QUARTER 2020 UNAUDITED RESULTS

Houston, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $129 milli...

8 months ago - GlobeNewsWire

Earnings Outlook for Shell Midstream Partners

Shell Midstream Partners (NYSE:SHLX) unveils its next round of earnings this Friday, February 19. Here is Benzinga's everything-that-matters guide for the earnings announcement.

8 months ago - Benzinga

Is a Surprise Coming for Shell Midstream (SHLX) This Earnings Season?

Shell Midstream (SHLX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

8 months ago - Zacks Investment Research

Shell Midstream Partners Reschedules Fourth Quarter Financial Results

Houston, Feb. 16, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. today announced that the Partnership is rescheduling its Fourth Quarter Earnings Conference Call to Friday, February 19th at 10:...

8 months ago - GlobeNewsWire