Shell Midstream Partners, L.P. 2nd Quarter 2018 Unaudited Results
Shell Midstream Partners, L.P. Common Units representing Limited Partner Interests (SHLX)
Last shell midstream partners, l.p. common units representing limited partner interests earnings: 2/20 08:00 am
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US:NYSE Investor Relations:
shellmidstreampartners.com
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Source: GlobeNewswire
Houston, Aug. 02, 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 $110.7 million for the second quarter of 2018, which equated to $0.35 per common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the partnership of $155.2 million. “I'm very pleased with the operational and financial results for the quarter. We saw strong performance from our base business, as evidenced by record high volume on our Zydeco Pipeline,” said Kevin Nichols, CEO Shell Midstream Partners, GP LLC. “In addition, we are seeing strong results from our most recent acquisition, an ownership interest in the Amberjack Pipeline. This is a pipeline system with a strong growth outlook - over 18% growth in dividends in 2018 alone and a cl
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