Shell Midstream Partners (SHLX) Misses Q4 EPS by 2c, Revenues Miss

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Shell Midstream Partners, L.P. 4th Quarter 2018 Unaudited Results

February 21, 2019 8:30 AM EST

Houston, Feb. 21, 2019 (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 $141.1 million for the fourth quarter of 2018, which equated to $0.45 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $178.7 million.

Our fourth quarter performance was solid, closing out a strong year of delivery for the Partnership, said Kevin Nichols, CEO Shell Midstream... More

Shell Midstream Partners, L.P. 4th Quarter 2018 Unaudited Results

February 21, 2019 8:30 AM EST

Houston, Feb. 21, 2019 (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 $141.1 million for the fourth quarter of 2018, which equated to $0.45 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $178.7 million.

Our fourth quarter performance was solid, closing out a strong year of delivery for the Partnership, said Kevin Nichols, CEO Shell Midstream... More