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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/25/2022 | $12.00 → $13.00 | Neutral | Credit Suisse |
| 1/20/2022 | $14.00 → $13.00 | Overweight → Equal-Weight | Barclays |
| 1/18/2022 | $12.50 → $13.00 | Underperform | B of A Securities |
| 10/19/2021 | $14.00 | Equal-Weight → Overweight | Barclays |
| 10/15/2021 | $13.00 → $12.00 | Underperform → Neutral | Credit Suisse |
| 9/28/2021 | $12.50 | Underperform | BofA Securities |
| 7/16/2021 | $12.50 → $13.00 | Underperform | Credit Suisse |
SC 13D/A - Shell Midstream Partners, L.P. (0001610466) (Subject)
SC 13D/A - Shell Midstream Partners, L.P. (0001610466) (Subject)
SC 13G/A - Shell Midstream Partners, L.P. (0001610466) (Subject)
Pulled from Benzinga Pro data, Shell Midstream Partners (NYSE:SHLX) showed a loss in earnings since Q1, totaling $151.00 million. Sales, on the other hand, increased by 10.37% to $149.00 million during Q2. In Q1, Shell Midstream Partners earned $160.00 million and total sales reached $135.00 million. What Is ROCE? Earnings data without context is not clear and can be difficult to base trading decisions on. Return on Capital Employed (ROCE) helps to filter signal from noise by measuring yearly pre-tax profit relative to capital employed by a business. Generally, a higher ROCE suggests successful growth of a company and is a sign of higher earnings per share in the future. In Q2, Shell Midst
Mizuho has decided to maintain its Neutral rating of Shell Midstream Partners (NYSE:SHLX) and raise its price target from $14.00 to $16.00. Shares of Shell Midstream Partners are trading down 1.46% over the last 24 hours, at $15.81 per share. A move to $16.00 would account for a 1.17% increase from the current share price. About Shell Midstream Partners Shell Midstream Partners LP is a US-based limited partnership that is formed to own, operate, develop and acquire pipelines and other midstream assets. The company holds an interest in several entities which own crude oil, refined products and natural gas pipelines, and crude tank storage and terminal system. It provides a transportation and
Mizuho analyst Gabriel Moreen maintains Shell Midstream Partners (NYSE:SHLX) with a Neutral and raises the price target from $14 to $16.
4 - Shell Midstream Partners, L.P. (0001610466) (Issuer)
3 - Shell Midstream Partners, L.P. (0001610466) (Issuer)
4 - Shell Midstream Partners, L.P. (0001610466) (Issuer)
Credit Suisse reiterated coverage of Shell Midstream Partners with a rating of Neutral and set a new price target of $13.00 from $12.00 previously
Barclays downgraded Shell Midstream Partners from Overweight to Equal-Weight and set a new price target of $13.00 from $14.00 previously
B of A Securities reiterated coverage of Shell Midstream Partners with a rating of Underperform and set a new price target of $13.00 from $12.50 previously
15-12G - Shell Midstream Partners, L.P. (0001610466) (Filer)
POSASR - Shell Midstream Partners, L.P. (0001610466) (Filer)
SC 13E3/A - Shell Midstream Partners, L.P. (0001610466) (Subject)
Houston, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") has announced that the Partnership's 2021 Schedule K-3s, reflecting items of international tax relevance for each unitholder, are now available on its website, http://www.shellmidstreampartners.com. Unitholders requiring this information may access their respective Schedule K-3 via a link on the "Tax Information" page, or use the following direct link: https://www.partnerdatalink.com/Shell .A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the de
Houston, July 28, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership" or "Shell Midstream Partners") reported net income attributable to the Partnership of $148 million for the second quarter of 2022, which equated to $0.33 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 $191 million. Total cash available for distribution was $164 million, which is $7 million higher than the prior quarter. The increasewas largely driven by increased volumes shipped on the Zydeco system and higher distributions from Explor
SHELL PLC2nd QUARTER 2022 AND HALF YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Half yearQ2 2022Q1 2022Q2 2021%¹ Reference20222021%18,040 7,116 3,428 +154Income/(loss) attributable to Shell plc shareholders 25,156 9,087 +17711,472 9,130 5,534 +26Adjusted EarningsA20,601 8,768 +13523,150 19,028 13,623 +22Adjusted EBITDA2A42,177 25,195 +6718,655 14,815 12,617 +26Cash flow from operating activities 33,470 20,910 +60(6,207) (4,273) (2,946) Cash flow from investing activities (10,481) (3,535) 12,448 10,542 9,671 Free cash flowG22,989 17,375 7,024 5,064 4,383 Cash capital expenditureC12,088 8,
HOUSTON, Oct. 19, 2022 /PRNewswire/ -- Shell USA, Inc. ("Shell USA") and Shell Midstream Partners, L.P. (NYSE:SHLX) ("SHLX") today announced the completion of the transactions contemplated by the previously announced agreement and plan of merger, pursuant to which Shell USA acquired all of the common units representing limited partner interests in SHLX not held by Shell USA or its affiliates (the "Public Common Units") for $15.85 per Public Common Unit in cash and a total value of approximately $1.96 billion. As a result of the transaction, SHLX is now an indirect, wholly owned subsidiary of Shell USA.
Houston, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Shell USA, Inc. ("Shell USA") and Shell Midstream Partners, L.P. (NYSE:SHLX) ("SHLX") today announced the completion of the transactions contemplated by the previously announced agreement and plan of merger, pursuant to which Shell USA acquired all of the common units representing limited partner interests in SHLX not held by Shell USA or its affiliates (the "Public Common Units") for $15.85 per Public Common Unit in cash and a total value of approximately $1.96 billion. As a result of the transaction, SHLX is now an indirect, wholly owned subsidiary of Shell USA. Effective with the opening of markets today, SHLX's units will no longer be li
OVERLAND PARK, KS / ACCESSWIRE / October 13, 2022 / TortoiseEcofin today announced that Shell Midstream Partners, LP (NYSE:SHLX) will be removed from the Tortoise MLP Index® (TMLP), and the Tortoise North American Pipeline IndexSM (TNAP), as a result of the approved merger with Shell USA Inc (Shell USA). Due to the merger, SHLX will be removed from both indices at market open on Wednesday, October 19, 2022.For Tortoise MLP Index® (TMLP), SHLX will be removed with a special rebalancing. SHLX will be dropped from Tortoise North American Pipeline IndexSM (TNAP) without special rebalancing.Special rebalancings in each of TMLP and TNAP are triggered by corporate actions such as mergers, bankruptc