Shell Midstream Partners LP

Shell Midstream Partners are a fee-based, growth-oriented master limited partnership recently formed by Shell. It owns, operates, develops, and acquires pipelines and other midstream and logistics assets.

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HOUSTON , Oct. 19, 2022 /PRNewswire/ -- Shell USA, Inc. ("Shell USA") and Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX") today announced the completion of the transactions contemplated by the previously announced agreement and plan of merger, pursuant to which Shell USA acquired all of the common units representing limited partner interests in SHLX not held by Shell USA or its affiliates (the "Public Common Units") for $15.85 per Public Common Unit in cash and a total value of approximately $1.96 billion.

SHELL USA, INC. COMPLETES ACQUISITON OF SHELL MIDSTREAM PARTNERS, L.P.

Houston, Oct. 19, 2022 (GLOBE NEWSWIRE) -- Shell USA, Inc. (“Shell USA”) and Shell Midstream Partners, L.P. (NYSE: SHLX) (“SHLX”) today announced the completion of the transactions contemplated by the previously announced agreement and plan of merger, pursuant to which Shell USA acquired all of the common units representing limited partner interests in SHLX not held by Shell USA or its affiliates (the “Public Common Units”) for $15.85 per Public Common Unit in cash and a total value of approximately $1.96 billion.  As a result of the transaction, SHLX is now an indirect, wholly owned subsidiary of Shell USA.

Shell USA, Inc. Completes Acquisiton of Shell Midstream Partners, L.P.

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Here is how Shell Midstream (SHLX) and Enphase Energy (ENPH) have performed compared to their sector so far this year.

Is Shell Midstream Partners (SHLX) Outperforming Other Oils-Energy Stocks This Year?

Houston, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) has announced that the Partnership's 2021 Schedule K-3s, reflecting items of international tax relevance for each unitholder, are now available on its website, http://www.shellmidstreampartners.com . Unitholders requiring this information may access their respective Schedule K-3 via a link on  the “Tax Information” page, or use the following direct link: https://www.partnerdatalink.com/Shell .A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the detailed information disclosed on Schedule K-3 for their specific tax reporting requirements. To the extent Schedule K-3 is applicable to your federal income tax return filing needs, we encourage you to review the information contained on this form and refer to the appropriate federal laws and guidance or consult with your tax advisor.If a unitholder is unable to access their Schedule K-3 online, unitholders may contact ShellK1Help@deloitte.com or call toll-free 1-855-288-4071.

Shell Midstream Partners, L.P. Announces Release of 2021 Schedule K-3s

Does Shell Midstream (SHLX) have what it takes to be a top stock pick for momentum investors? Let's find out.

What Makes Shell Midstream (SHLX) a Strong Momentum Stock: Buy Now?

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Here's Why Shell Midstream (SHLX) is a Great Momentum Stock to Buy

Houston, July 28, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $148 million for the second quarter of 2022, which equated to $0.33 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $191 million.

SHELL MIDSTREAM PARTNERS, L.P. 2nd QUARTER 2022 UNAUDITED RESULTS

One of the most intriguing movers in today's market is Shell Midstream Partners (NYSE: SHLX ). An otherwise very stable (or boring) high-yield energy stock, shares of this midstream crude oil player are surging in today's session.

Why Is Shell Midstream Partners (SHLX) Stock Up 10% Today?

Shell Midstream Partners stock climbed 10% Tuesday after Shell agreed Monday to acquire the company in a $2 billion buyout deal. The post Shell Midstream Partners Stock Spikes As Shell Announces Buyout appeared first on Investor's Business Daily.

Shell Midstream Partners Stock Spikes As Shell Announces Buyout

NEW YORK , July 25, 2022 /PRNewswire/ -- Weiss Law is investigating possible breaches of fiduciary duty and other violations of law by the board of directors of Shell Midstream Partners, L.P. ("Shell" or the "Company") (NYSE: SHLX), in connection with the proposed acquisition of the Company by Shell USA, Inc. ("Shell USA").

SHAREHOLDER ALERT: Weiss Law Investigates Shell Midstream Partners, L.P.

HOUSTON , July 25, 2022 /PRNewswire/ -- Shell USA, Inc. ("Shell USA") and Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX") today announced they have executed a definitive agreement and plan of merger (the "Merger Agreement," and the transactions contemplated thereby, collectively, the "Transaction") pursuant to which Shell USA will acquire all of the common units representing limited partner interests in SHLX held by the public (the "Public Common Units") at $15.85 per Public Common Unit in cash for a total value of approximately $1.96 billion.

Shell USA, Inc. and Shell Midstream Partners, L.P. Reached a Definitive Merger Agreement

Houston, July 21, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the second quarter of 2022. The distribution will be paid August 12, 2022 to unitholders of record as of August 2, 2022.

Shell Midstream Partners, L.P. Declares Distribution of $0.30 Per Limited Partner Common Unit

Shell Midstream Partners has had terrible stock price results since its 2014 IPO. The limited partnership must be judged by industry economics.

Shell Midstream Going Private Gives Investors A Low-Risk Opportunity

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Houston, April 28, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $158 million for the first quarter of 2022, which equated to $0.36 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $182 million.

SHELL MIDSTREAM PARTNERS, L.P. 1st QUARTER 2022 UNAUDITED RESULTS

Houston, April 25, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) announces that the Partnership's first quarter earnings release and associated SEC filings will be posted after markets close on Thursday, April 28, 2022, which is a date change from our previous announcement last week.

Advance Notice of First Quarter Financial Results for Shell Midstream Partners, L.P.

Shell Midstream Partners LP (SHLX) CEO Steven Ledbetter on Q4 2021 Results - Earnings Call Transcript

Houston, Feb. 24, 2022 (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, 2021 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership's website at  www.shellmidstreampartners.com . The filing can be accessed by selecting the “Financial Reporting” link.

Shell Midstream Partners, L.P. 2021 Form 10-K Available on Website

Houston, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $104 million for the fourth quarter of 2021, which equated to $0.23 per diluted common limited partner unit. Excluding non-cash impairment charges related to our investment in Colonial Pipeline, earnings per diluted common limited partner unit would have been $0.35. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $167 million.

SHELL MIDSTREAM PARTNERS, L.P. 4th QUARTER 2021 UNAUDITED RESULTS

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Midstream/MLP M&A Update: Parent Buy-Ins and PE Exits

HOUSTON, Feb. 11, 2022 /PRNewswire/ -- Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX" or the "Partnership") announces that it has received a non-binding, preliminary proposal letter from Shell Pipeline Company LP ("SPLC") to acquire all of the Partnership's issued and outstanding common units not already owned by SPLC or its affiliates at a value of $12.89 per each issued and outstanding publicly held common unit of the Partnership (the "Proposal").

SHELL MIDSTREAM PARTNERS, L.P. RECEIVES OFFER FOR REMAINING UNITS FROM SHELL PIPELINE COMPANY L.P.

HOUSTON, Feb. 11, 2022 /PRNewswire/ -- Shell Pipeline Company LP ("Shell") today announces it has made a non-binding offer to purchase all remaining common units held by the public representing limited partner interests in Shell Midstream Partners, L.P. (NYSE: SHLX) ("SHLX") for $12.89 per common unit in cash.

SHELL PIPELINE COMPANY LP ANNOUNCES OFFER FOR REMAINING UNITS OF SHELL MIDSTREAM PARTNERS, L.P.

News for Shell Midstream Partners LP Stock (SHLX)