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Shell Midstream Partners owns, operates, develops, and acquires pipelines and other midstream assets in the United States. The Company owns interests in four crude oil pipeline systems and two refined products pipeline systems, as well as a crude tank storage and terminal system.
TypePublic
Founded2014
HQHouston, US
Websiteshellmidstreampartners.com

Latest Updates

Revenue (FY, 2019)$503 M(-4%)
Share Price (Oct 2020)$9.4
Cybersecurity ratingAMore

Key People/Management at Shell Midstream Partners

Kevin M. Nichols

Kevin M. Nichols

Director, Chief Executive Officer and President
Brenda Stout

Brenda Stout

Director
Shawn Carsten

Shawn Carsten

Director, Vice President and Chief Financial Officer
Lori M. Muratta

Lori M. Muratta

Vice President, General Counsel and Secretary
Paul R. A. Goodfellow

Paul R. A. Goodfellow

Chairman of the Board
Alton G. Smith

Alton G. Smith

Vice President, Operations
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Shell Midstream Partners Office Locations

Shell Midstream Partners has an office in Houston
Houston, US (HQ)
910 Louisiana St
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Shell Midstream Partners Financials and Metrics

Shell Midstream Partners Revenue

Shell Midstream Partners's revenue was reported to be $503 m in FY, 2019
USD

Revenue (Q2, 2020)

27.0m

Market capitalization (15-Oct-2020)

3.7b

Closing stock price (15-Oct-2020)

9.4

Cash (30-Jun-2020)

332.0m

EV

6.1b
Shell Midstream Partners's current market capitalization is $3.7 b.
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Revenue

182.4m326.5m291.3m470.1m524.7m503.0m

General and administrative expense

3.2m10.2m8.1m10.1m7.8m11.0m

Operating expense total

3.2m10.2m8.1m10.1m7.8m11.0m

Depreciation and amortization

11.6m21.6m23.7m45.0m45.9m49.0m
Quarterly
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017Q3, 2017Q1, 2018Q1, 2019Q1, 2020Q2, 2020

Revenue

46.9m51.7m57.6m72.4m76.7m71.1m67.9m70.2m86.8m94.4m99.6m131.0m121.0m27.0m

General and administrative expense

300.0k1.6m3.4m1.6m2.1m1.9m2.2m1.6m2.8m1.0m1.9m1.0m3.0m

Operating expense total

300.0k1.6m3.4m1.6m2.1m1.9m2.2m1.6m2.8m1.0m1.9m1.0m3.0m

EBIT

31.1m27.7m31.6m48.9m45.0m38.1m36.0m31.8m32.8m38.1m4.9m65.0m45.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Cash

150.2m93.0m121.9m137.7m208.0m290.0m

Accounts Receivable

16.3m18.8m18.4m17.2m12.0m

Prepaid Expenses

3.6m5.0m6.0m12.5m16.0m

Current Assets

183.8m130.8m165.4m203.6m359.0m
Annual
USDFY, 2014FY, 2015FY, 2016FY, 2017FY, 2018FY, 2019

Net Income

108.4m272.9m391.8m482.4m546.0m

Depreciation and Amortization

11.6m21.6m23.7m45.0m45.9m49.0m

Accounts Payable

7.0m(4.5m)(1.5m)(6.9m)2.0m

Cash From Operating Activities

123.6m282.7m293.0m432.4m508.4m597.0m
Quarterly
USDQ3, 2014

Financial Leverage

1 x
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Shell Midstream Partners Cybersecurity Score

Cybersecurity ratingPremium dataset

A

99/100

SecurityScorecard logo

Shell Midstream Partners Online and Social Media Presence

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Shell Midstream Partners News and Updates

Shell Midstream Partners, L.P. 4th Quarter 2019 Unaudited Results

Houston, Feb. 20, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) reported net income attributable to the Partnership of $140 million for the fourth quarter of 2019, which equated to $0.37 per common limited partner unit. Shell Midstream Partners also generated adjusted earnin…

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

Houston, Feb. 06, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.’s Fourth Quarter Earnings Conference Call will be held Thursday, February 20th at 9:00am CST. Shell Midstream Partners’ participants will be Kevin Nichols, President and Chief Executive Officer, Shawn Carsten, Chief Financia…

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

Houston, Oct. 18, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.’s Third Quarter Earnings Conference Call will be held Friday, November 1st at 9:00am CST. Shell Midstream Partners’ participants will be Kevin Nichols, President and Chief Executive Officer, Shawn Carsten, Chief Financial Of…

Shell Midstream Partners, L.P. 2nd Quarter 2019 Unaudited Results

Houston, Aug. 01, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX), a growth-oriented master limited partnership formed by Royal Dutch Shell plc (“RDS”), reported net income attributable to the partnership of $115 million for the second quarter of 2019, which equated to $0.38 p…

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

Houston, July 22, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.’s Second Quarter Earnings Conference Call will be held Friday, Aug 2nd at 9:00am CST. Shell Midstream Partners’ participants will be Kevin Nichols, President and Chief Executive Officer, Shawn Carsten, Chief Financial Office…

Shell Midstream Partners, L.P. Announces Proteus and Endymion Transports First Oil from Shell-operated Appomattox in the Gulf of Mexico

Houston, May 24, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that the systems owned by Proteus Oil Pipeline Company LLC (“Proteus”) and Endymion Oil Pipeline Company LLC (“Endymion”) increased volumes of crude oil from the startup of the Shell-operated Appo…
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Shell Midstream Partners Blogs

Shell Midstream Partners, L.P. Closes on Previously Announced Transactions and Announces Updated Guidance

Houston , April 02, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “SHLX”) today announced that on April 1, 2020 it closed the transactions contemplated by the previously announced Restructuring Agreement with its general partner to eliminate all

Shell Midstream Partners, L.P. Announces Elimination of Incentive Distribution Rights and Agrees to Acquire Additional Assets from Shell

Houston , Feb. 28, 2020 (GLOBE NEWSWIRE) -- Today, Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “SHLX”) announced it has signed an agreement with its general partner to eliminate all incentive distribution rights (“IDRs”) and economic general partner (“GP”) interest in SHLX.

Shell Midstream Partners, L.P. 2019 Form 10-K Available on Website

Shell Midstream Partners, L.P. 2019 Form 10-K Available on Website Content Import Thu, 02/20/2020 - 12:51 Shell Midstream Partners, L.P. 2019 Form 10-K Available on Website Feb 20,2020 This release is a backfill from a News Wire General …

Shell Midstream Partners, L.P. Declares 3.4% Increase in Quarterly Distribution

Houston , Jan. 23, 2020 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per limited partner unit for the fourth quarter of 2019. This represents an increase of 3.4 percent over the

Shell Midstream Partners, L.P. 3rd Quarter 2019 Unaudited Results

Shell Midstream Partners, L.P. 3rd Quarter 2019 Unaudited Results Paul.alfano@na… Thu, 10/31/2019 - 16:31 Shell Midstream Partners, L.P. 3rd Quarter 2019 Unaudited Results Oct 31,2019 This release is a backfill from a News Wire General …

Shell Midstream Partners, L.P. Declares 3.5% Increase in Quarterly Distribution

Houston , Oct. 24, 2019 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4450 per limited partner unit for the third quarter of 2019.  This represents an increase of 3.5 percent over the
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Shell Midstream Partners Frequently Asked Questions

  • When was Shell Midstream Partners founded?

    Shell Midstream Partners was founded in 2014.

  • Who are Shell Midstream Partners key executives?

    Shell Midstream Partners's key executives are Kevin M. Nichols, Brenda Stout and Shawn Carsten.

  • What is Shell Midstream Partners revenue?

    Latest Shell Midstream Partners annual revenue is $503 m.

  • Who are Shell Midstream Partners competitors?

    Competitors of Shell Midstream Partners include Loews, LIN SCAN and TAQA.

  • Where is Shell Midstream Partners headquarters?

    Shell Midstream Partners headquarters is located at 910 Louisiana St, Houston.

  • Where are Shell Midstream Partners offices?

    Shell Midstream Partners has an office in Houston.

  • How many offices does Shell Midstream Partners have?

    Shell Midstream Partners has 1 office.