Mizuho Securities Reiterates Buy on Shell Midstream Partners (SHLX)

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Go back to Mizuho Securities Reiterates Buy on Shell Midstream Partners (SHLX)

Shell Midstream Partners, L.P. 2016 Form 10-K Available on Website

February 23, 2017 2:37 PM EST

Houston, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2016 was filed today with the U.S. Securities and Exchange Commission and can be viewed on the Partnership's website at... More

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

February 23, 2017 8:30 AM EST

Houston, Feb. 23, 2017 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX), a growth-oriented mainstream midstream master limited partnership formed by Royal Dutch Shell plc (RDS), reported net income attributable to the partnership of $69.5 million for the fourth quarter of 2016, which equated to $0.34 per common limited partner unit.  Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $84.3 million and cash available for distribution of $82.7 million.

"Executing our strategy and continuing to grow our business has provided for strong fourth... More