Shell Midstream Partners (SHLX) Misses Q4 EPS by 13c
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February 24, 2022 8:00 AM EST
Houston, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the Partnership or Shell Midstream Partners) reported net income attributable to the Partnership of $104 million for the fourth quarter of 2021, which equated to $0.23 per diluted common limited partner unit. Excluding non-cash impairment charges related to our investment in Colonial Pipeline, earnings per diluted common limited partner unit would have been $0.35. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $167 million.
Total cash available for distribution was $142 million, an increase of $20 million... More
