Shell Midstream Partners, L.P (SHLX) Tops Q1 EPS by 1c

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Shell Midstream Partners (SHLX) Enters 7.7M Common Private Placement

May 13, 2015 7:38 AM UTC

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

Shell Midstream Partners(SHLX) to Acquire Additional Stakes in Zydeco Pipeline, Colonial Pipeline

May 13, 2015 7:21 AM UTC

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