SHLX News and Press, Shell Midstream Partners L.P. representing Limited Partner Interests From 02/24/22

Houston, Feb. 24, 2022 (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, 2021 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership’s web...

Shell Midstream Partners press release (NYSE:SHLX): Q4 GAAP EPS of $0.23 misses by $0.12. Revenue of $141M (+8.5% Y/Y) beats by $10.27M. Based on current producer schedules, company expects an impact of approximately $20 million to both net income and cash available for distribution in 2022 r...

Houston, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $104 million for the fourth quarter of 2021, which equated to $0.23 per...

Shell Midstream Partners (NYSE:SHLX) is scheduled to announce Q4 earnings results on Thursday, February 24th, before market open. The consensus EPS Estimate is $0.36 (+24.1% Y/Y) and the consensus Revenue Estimate is $130.73M (+0.6% Y/Y). Over the last 1 year, SHLX has beaten EPS estimates 0%...

The consolidation of MLPs by their parents or significant owners has been a multi-year trend, but activity has picked up with a number of transactions currently pending. M&A activity among industry peers has generally been more muted relative to MLP consolidations by sponsors, but...

Shell Midstream Partners (SHLX +6.2%) says it received a proposal from Shell Pipeline Company (SHEL +1.4%) to buy all common units not already owned by Shell Pipeline for $12.89/unit; Shell and its affiliates currently own 68.5% of SHLX common units. Shell says the deal would simplify governa...

SHELL MIDSTREAM PARTNERS, L.P. RECEIVES OFFER FOR REMAINING UNITS FROM SHELL PIPELINE COMPANY L.P. Canada NewsWire HOUSTON , Feb. 11, 2022 /CNW/ -- Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX" or the "Partnership") announces that it has received ...

Shell midstream has grappled with operational issues in the past 12 months. The asset base is excellent, but the valuation fully prices this in. We do admire what we are buying and found a way to put in a good bid. For further details see: Shell Midstream: Prime Assets, ...

When we last covered AMZA, we called for it to underperform upstream energy companies in the current price environment. That has worked well with AMZA lagging by an annualized 50%. We examine the fundamentals and tell you why we are slanting slightly bullish on midstream. Fo...

Shell Midstream Partners (NYSE:SHLX) slips as Citi downgrades units to Neutral from Buy with a $12 price target, cut from $17, believing the partnership will prioritize organic growth and potential stock buybacks over drop-downs and dividend increases. Citi analyst Timm Schneider believes the...