On May, 2 Shell Midstream Partners, L.P. (NYSE:SHLX)’s earnings release is awaited by WallStreet, as reported by Faxor. The EPS diference is $0.22 or 122.22 % up from last years number. Previous year: $0.18; Analysts forcast: $0.40. This could reach $89.53M profit for SHLX assuming the current $0.40 EPS will become reality. Last quarter $0.45 EPS was reported. Analysts predicts -11.11 % negative EPS growth this quarter. SHLX is touching $20.69 during the last trading session, after decreased 1.43%.Currently Shell Midstream Partners, L.P. is downtrending after 25.71% change in last April 9, 2018. SHLX has also 435,129 shares volume. SHLX underperformed the S&P500 by 30.08%.

Shell Midstream Partners, L.P. (NYSE:SHLX) Ratings Coverage

A total of 6 analysts rate Shell Midstream Partners (NYSE:SHLX) as follows: 1 “Buy”, 4 “Hold” and 1 “Sell”. Тherefore 17% are bullish. (NYSE:SHLX) has 10 ratings reports on Apr 9, 2019 according to StockzIntelligence. On Tuesday, November 6 the stock of Shell Midstream Partners, L.P. (NYSE:SHLX) earned “Sector Perform” rating by RBC Capital Markets. On Monday, December 10 the stock of Shell Midstream Partners, L.P. (NYSE:SHLX) earned “Underperform” rating by Bank of America. In Monday, March 4 report UBS maintained it with “Buy” rating and $36 target. On Friday, February 22 the firm has “Hold” rating by Stifel Nicolaus given. On Friday, November 30 the firm has “Equal-Weight” rating given by Morgan Stanley.

Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the United States.The firm is valued at $4.63 billion. The Company’s crude oil pipeline systems include approximately 350 miles of Zydeco pipeline system to Texas and Louisiana; a 174-mile offshore Gulf of Mexico corridor pipeline that transports medium sour crude from producers in eastern Garden Bank and Keathley Canyon blocks; and Odyssey pipeline system covering approximately 106-miles, which transports crude oil in the offshore eastern Gulf of Mexico to markets in Louisiana.The P/E ratio is 13.82. The firm also has interests in a 367-mile Gulf of Mexico offshore pipeline that transports crude oil to Texas and Louisiana; a 71-mile crude oil pipeline that provides transportation for various oil producers in the eastern Gulf of Mexico; and Endymion pipeline system, an 89-mile crude oil pipeline that offers transportation for various oil producers in the eastern Gulf of Mexico.

For more Shell Midstream Partners, L.P. (NYSE:SHLX) news released briefly go to: Bizjournals.com, Seekingalpha.com, Seekingalpha.com, Globenewswire.com or Seekingalpha.com. The titles are as follows: “Shell Midstream buys interest in BP pipelines – Houston Business Journal” released on December 28, 2016, “Shell Midstream: Shareholders Slammed With Dilution – Seeking Alpha” on February 05, 2018, “Shell Midstream sees $15M hit to Q1 income after Zydeco contracts expire – Seeking Alpha” with a publish date: February 21, 2019, “Shell Midstream Partners, L.P. Names Kevin Nichols as Next CEO – GlobeNewswire” and the last “Shell Midstream Partners Overview – Seeking Alpha” with publication date: September 18, 2017.