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home / news releases / shell midstream post distribution cut still a wait a


SHLX - Shell Midstream: Post Distribution Cut Still A Wait And See

  • Shell Midstream finally took its medicine, cutting the distribution by roughly 30%.
  • Long expected by nearly every midstream analyst, the partnership finally broke down and made a move that they needed to.
  • Post cut purchases often work out pretty well in midstream, but there are several rough quarters ahead. I'd advise sitting on one's hands and waiting for a better deal.

For further details see:

Shell Midstream: Post Distribution Cut, Still A Wait And See
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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