UBS Cuts Price Target on Shell Midstream Partners (SHLX) to $47

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Go back to UBS Cuts Price Target on Shell Midstream Partners (SHLX) to $47

Shell Midstream Partners (SHLX) Misses Q3 EPS by 9c; CFO Transition Announced

November 3, 2016 8:33 AM EDT

Shell Midstream Partners (NYSE: SHLX) reported Q3 EPS of $0.28, $0.09 worse than the analyst estimate of $0.37. Revenue for the quarter came in at $67.9 million versus the consensus estimate of $78.62 million.

Shell Midstream Partners today announced that, effective March 1, 2017, Shawn Carsten, currently Shells Downstream Controller in the Americas, will assume the role of Vice President and Chief Financial Officer of... More