Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX) News

Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX)

Today's Latest Price: $10.89 USD

0.29 (-2.59%)

Updated Nov 27 5:00pm

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Latest SHLX News From Around the Web

Below are the latest news stories about Shell Midstream Partners LP that investors may wish to consider to help them evaluate SHLX as an investment opportunity.

Colonial Pipeline maintaining normal operations as hurricane approaches

Colonial Pipeline will continue normal operations as Hurricane Laura heads toward the U.S. Gulf Coast while complying with mandatory evacuation orders in Texas and Louisiana, say officials at the largest U.S. refined products pipeline.The company says it will communicate with local terminals and suppliers to understand their capabilities to supply...

Seeking Alpha | August 26, 2020

Shell Midstream Partners: Eliminating IDRs Has Turned This High Yielder Around

Introduction The often underfollowed Master Limited Partnership area of the equity market has a vast array of income-producing midstream companies with even the oil and gas supermajor Royal Dutch Shell (RDS.A) (RDS.B) offering an option through their subsidiary, Shell Midstream Partners (SHLX). Whilst many of their peers have reduced their...

Daniel Thurecht on Seeking Alpha | August 18, 2020

Colonial Pipeline running at reduced rates following leak

Colonial Pipeline says it is crossing Line 1 volumes into Line 2 near Atlanta after shutting part of its gasoline-only Line 1 following a leak last Friday."The temporary Line 1 crossover operations will allow the system to continue to operate but at reduced overall rates," Colonial says, adding that all...

Seeking Alpha | August 17, 2020

Shell Midstream to cut costs as pipeline flows slow

Shell Midstream Partners ([[SHLX]] +0.2%) says it plans to cut staff and trim projects to save $10M this year and $30M-$40M next year amid falling volumes on some of its pipelines.Citing "the continuing effects of COVID-19 along with a few shallow-water producer curtailments," Shell Midstream transported 20% fewer barrels on...

Seeking Alpha | July 31, 2020

Shell Midstream Partners, L.P. Announces Appointment of New VP, Operations of Its General Partner

Houston, July 31, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) is pleased to announce the appointment of Jesse C. H. Stanley as Vice President, Operations of its general partner, Shell Midstream Partners GP LLC.  Ms. Stanley is taking over the role from Mr. Alton G. Smith, who retired from the role in July, as previously announced by the Partnership.  Ms. Stanley formerly served as the General Manager for Value Chain Integration in upstream shales for Royal Dutch Shell plc (“Shell”), a position that she held for one year. Ms. Stanley started her career with Shell in Europe, working in lubricants operations based in Shell’s lubricants plants & refineries in the United Kingdom and Europe, a role in which she served for six years, streamlining pr...

Yahoo | July 31, 2020


Houston, July 31, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $141 million for the second quarter of 2020, which equated to $0.32 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $192 million. Total cash available for distribution was $163 million, approximately $7 million lower than the prior quarter. The financial results were largely driven by lower contributions from the Partnership's refined products joint ventures and lower volumes on  the Zydeco and the Eastern Corridor systems. These were partially offse...

Yahoo | July 31, 2020

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

Houston, July 23, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per limited partner unit for the second quarter of 2020. This represents an increase of 7.0 percent over the distribution paid with respect to the second quarter of 2019. The distribution will be paid August 14, 2020 to unitholders of record as of August 4, 2020. TAX CONSIDERATIONS This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or b...

Yahoo | July 23, 2020

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

Houston, July 16, 2020 -- Shell Midstream Partners, L.P.’s Second Quarter Earnings Conference Call will be held Friday, July 31 at 10:00am CST. Shell Midstream Partners, L.P.’s.

Yahoo | July 16, 2020

Shell Midstream Partners, L.P. 1st Quarter 2020 Unaudited Results

Houston, May 07, 2020 -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “SHLX”) reported net income attributable to the Partnership of $138 million for the.

Yahoo | May 7, 2020

Shell Midstream (SHLX) Surges: Stock Moves 10.3% Higher

Shell Midstream (SHLX) saw a big move last session, as its shares jumped more than 10% on the day, amid huge volumes.

Zacks Investment Research | April 20, 2020

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