Shell Midstream Partners, L.P. 4th Quarter 2016 Unaudited Results

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Mizuho Securities Reiterates Buy on Shell Midstream Partners (SHLX)

February 27, 2017 2:12 PM EST

Mizuho Securities reiterated a Buy rating and $36.00 price target on Shell Midstream Partners, L.P. (NYSE: SHLX). SHLX continues to expect total dropdowns of $2.5- $2.9 B from 2017 to 2018.

Analyst Brian Zarahn commented, "Key earnings takeaways are a DCF beat, favorable Gulf of... More

Shell Midstream Partners (SHLX) Misses Q4 EPS by 2c

February 23, 2017 8:34 AM EST

Shell Midstream Partners (NYSE: SHLX) reported Q4 EPS of $0.34, $0.02 worse than the analyst estimate of $0.36.

"Executing our strategy and continuing to grow our business has provided for strong fourth quarter results as well as for a strong 2016. The recent third-party acquisition... More