Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets. The Partnership's assets include interests in entities that own (a) crude oil and refined products pipelines and terminals that serve as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined products from those markets to major demand centers and (b) storage tanks and financing receivables that are secured by pipelines, storage tanks, docks, truck and rail racks and other infrastructure used to stage and transport intermediate and finished products. The Partnership's assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.
Company profile
Ticker
SHLX
Exchange
Website
CEO
Kevin Nichols
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
Odyssey Pipeline L.L.C. • Pecten Midstream LLC • Shell Midstream Operating LLC • Sand Dollar Pipeline LLC • Triton West LLC • Zydeco Pipeline Company LLC • Amberjack Pipeline Company LLC • Mars Oil Pipeline Company LLC ...
SHLX stock data
Latest filings (excl ownership)
15-12G
Securities registration termination
31 Oct 22
POSASR
Automatic shelf registration (post-effective amendment)
19 Oct 22
SC 13E3/A
Going private transaction (amended)
19 Oct 22
8-K
Completion of Acquisition or Disposition of Assets
19 Oct 22
25-NSE
Exchange delisting
19 Oct 22
SC 13E3/A
Going private transaction (amended)
16 Sep 22
DEFM14C
Information related to merger
16 Sep 22
SC 13E3/A
Going private transaction (amended)
12 Sep 22
PRER14C
Preliminary revised information
12 Sep 22
CORRESP
Correspondence with SEC
12 Sep 22
Transcripts
SHLX
Earnings call transcript
2021 Q4
24 Feb 22
SHLX
Earnings call transcript
2021 Q3
29 Oct 21
SHLX
Earnings call transcript
2021 Q2
30 Jul 21
SHLX
Earnings call transcript
2021 Q1
30 Apr 21
SHLX
Earnings call transcript
2020 Q4
19 Feb 21
SHLX
Earnings call transcript
2020 Q3
30 Oct 20
SHLX
Earnings call transcript
2020 Q2
31 Jul 20
SHLX
Earnings call transcript
2020 Q1
7 May 20
SHLX
Earnings call transcript
2019 Q4
20 Feb 20
SHLX
Earnings call transcript
2019 Q3
1 Nov 19
Latest ownership filings
4
Fierro A Carlos
21 Oct 22
3
Initial statement of insider ownership
19 Oct 22
4
Lori M Muratta
19 Oct 22
4
Rob L. Jones
19 Oct 22
4
Steven Ledbetter
19 Oct 22
4
Sean Guillory
19 Oct 22
4
JAMES J BENDER
19 Oct 22
4
Shawn J. Carsten
19 Oct 22
SC 13D/A
Shell Pipeline Co LP
19 Oct 22
SC 13D/A
Shell Pipeline Co LP
25 Jul 22
Financial summary
Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
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Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 21 | Dec 20 | Dec 19 | Dec 18 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm | 325.00 mm |
Cash burn (monthly) | (no burn) | 2.33 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 50.89 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 274.11 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 117.5 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
82.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 2 |
Opened positions | 0 |
Closed positions | 1 |
Increased positions | 0 |
Reduced positions | 0 |
13F shares | Current |
---|---|
Total value | 0.00 |
Total shares | 324.18 mm |
Total puts | 0.00 |
Total calls | 0.00 |
Total put/call ratio | – |
Largest owners | Shares | Value |
---|---|---|
Shell Pipeline | 320.24 mm | $0.00 |
Goldman Sachs Asset Management | 3.94 mm | $0.00 |