Shell Midstream Partners (SHLX) Tops Q3 EPS by 9c, Revenues Beat

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Shell Midstream Partners, L.P. 3rd Quarter 2018 Unaudited Results

November 1, 2018 4:30 PM EDT

Houston, Nov. 01, 2018 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX), a growth-oriented midstream master limited partnership formed by Royal Dutch Shell plc (RDS), reported net income attributable to the partnership of $148.3 million for the third quarter of 2018, which equated to $0.50 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $187.0 million.

I'm pleased with the operational and financial results for the quarter, said Kevin Nichols, CEO Shell Midstream Partners, GP LLC. We... More