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SHLX - Shell Midstream Partners EPS misses by $0.03 misses on revenue

Shell Midstream Partners (NYSE:SHLX): Q3 GAAP EPS of $0.29 misses by $0.03. Revenue of $128M (+16.4% Y/Y) misses by $5.82M. Press Release Adjusted EBITDA attributable to the Partnership was $145M, compared to $207M for the prior quarter. "The Partnership anticipates repairs to WD-143 to be completed around mid-November 2021 with volumes then beginning to return to the Mars pipeline system. With this updated schedule, the Partnership now expects an impact of approximately $10-$15 million to both net income and cash available for distribution in the fourth quarter of 2021."

For further details see:

Shell Midstream Partners EPS misses by $0.03, misses on revenue
Stock Information

Company Name: Shell Midstream Partners L.P. representing Limited Partner Interests
Stock Symbol: SHLX
Market: NYSE
Website: shellmidstreampartners.com

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