Shell Midstream Partners (NYSE:SHLX) will release its earnings data before the market opens on Thursday, February 21st. Analysts expect Shell Midstream Partners to post earnings of $0.49 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
SHLX opened at $18.90 on Thursday. Shell Midstream Partners has a twelve month low of $15.86 and a twelve month high of $26.17. The company has a market cap of $4.33 billion, a PE ratio of 14.77, a P/E/G ratio of 3.23 and a beta of 1.34.
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 14th. Stockholders of record on Monday, February 4th will be issued a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a dividend yield of 8.47%. This is a boost from Shell Midstream Partners’s previous quarterly dividend of $0.38. The ex-dividend date of this dividend is Friday, February 1st. Shell Midstream Partners’s payout ratio is presently 125.00%.
Shell Midstream Partners Company Profile
Shell Midstream Partners, L.P. owns, operates, develops, and acquires pipelines and other midstream assets in the United States. Its crude oil pipeline systems include a 350 miles of Zydeco pipeline system; a 130-miles of delta pipeline; a 174-mile offshore Gulf of Mexico corridor pipeline; and a 75-mile offshore pipeline.
Receive News & Ratings for Shell Midstream Partners Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Shell Midstream Partners and related companies with MarketBeat.com's FREE daily email newsletter.