Shell Midstream Partners (SHLX) Tops Q2 EPS by 1c

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Shell Midstream Partners, L.P. 2nd Quarter 2018 Unaudited Results

August 2, 2018 8:30 AM EDT

Houston, Aug. 02, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX), a growth-oriented midstream master limited partnership formed by Royal Dutch Shell plc (RDS), reported net income attributable to the partnership of $110.7 million for the second quarter of 2018, which equated to $0.35 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $155.2 million.

I'm very pleased with the operational and financial results for the quarter. We saw strong performance from our base business, as... More