Shell Midstream Partners, L.P. 1st Quarter 2020 Unaudited Results

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Go back to Shell Midstream Partners, L.P. 1st Quarter 2020 Unaudited Results

Shell Midstream Partners (SHLX) Misses Q1 EPS by 6c, Revenues Miss

May 7, 2020 8:05 AM EDT

Shell Midstream Partners (NYSE: SHLX) reported Q1 EPS of $0.36, $0.06 worse than the analyst estimate of $0.42. Revenue for the quarter came in at $121 million versus the consensus estimate of $125.35 million.

FINANCIAL HIGHLIGHTS

Net income attributable to the Partnership was $138 million, compared to $140 million for the prior quarter.Net cash provided by operating activities was $162 million, compared to $139 million for the prior quarter.Cash available for... More