Shell Midstream Partners, L.P. Announces First Asset Acquisition
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May 13, 2015 7:38 AM EDT
Shell Midstream Partners (NYSE: SHLX) announced the execution of an agreement with a group of institutional investors to sell 7,692,308 common units representing limited partner interests in a private placement. Shell Midstream Partners expects to receive gross proceeds of $300 million. The proceeds will be... More
May 13, 2015 7:37 AM EDT
Shell Midstream Partners, L.P (NYSE: SHLX) reported Q1 EPS of $0.17, $0.01 better than the analyst estimate of $0.16. Revenue for the quarter came in at $51.7 million versus the consensus estimate of $52 million.
For earnings history and earnings-related data on Shell Midstream Partners, L.P (SHLX) click here.
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May 13, 2015 7:21 AM EDT
Shell Midstream Partners, L.P (NYSE: SHLX) announced the execution of a Purchase and Sale Agreement to acquire additional interests in Zydeco Pipeline Company, LLC (Zydeco) and Colonial Pipeline Company (Colonial) for $448 million from Shell Pipeline Company LP, a wholly owned subsidiary of Royal Dutch Shell plc (NYSE: RDS-A)(NYSE: RDS-B). This represents the... More
