SHLX - Mergers and acquisitions

Houston, Sept. 07, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") has announced that the Partnership's 2021 Schedule K-3s, reflecting items of international tax relevance for each unitholder, are now available on its website, http://www.shellmidstreampartners.com. Unitholders requiring this information may access their respective Schedule K-3 via a link on  the "Tax Information" page, or use the following direct link: https://www.partnerdatalink.com/Shell .A limited number of unitholders (primarily foreign unitholders, unitholders computing a foreign tax credit on their tax return and certain corporate and/or partnership unitholders) may need the de

Houston, July 28, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership" or "Shell Midstream Partners") reported net income attributable to the Partnership of $148 million for the second quarter of 2022, which equated to $0.33 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $191 million. Total cash available for distribution was $164 million, which is $7 million higher than the prior quarter. The increasewas largely driven by increased volumes shipped on the Zydeco system and higher distributions from Explor

Houston, July 21, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the second quarter of 2022. The distribution will be paid August 12, 2022 to unitholders of record as of August 2, 2022. The Partnership's second quarter earnings release and associated SEC filings will be posted after markets close on Thursday, July 28, 2022. TAX CONSIDERATIONS This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent

Houston, April 28, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership" or "Shell Midstream Partners") reported net income attributable to the Partnership of $158 million for the first quarter of 2022, which equated to $0.36 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $182 million. Total cash available for distribution was $157 million, which is $15 million higher than the prior quarter. The increasewas largely driven by increased volumes across our systems, which were impacted by repairs related to Hu

Houston, April 25, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") announces that the Partnership's first quarter earnings release and associated SEC filings will be posted after markets close on Thursday, April 28, 2022, which is a date change from our previous announcement last week. ### About Shell Midstream Partners, L.P. Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets. The Partnership's assets include interests in entities that own (a) crude oil and refined products pipelines and terminals that serve as key infrastructure to tra

Houston, April 21, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the first quarter of 2022. The distribution will be paid May 13, 2022 to unitholders of record as of May 3, 2022. The Partnership's first quarter earnings release and associated SEC filings will be posted after markets close on Thursday, May 5, 2022. TAX CONSIDERATIONS This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnershi

Houston, March 10, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) has announced that the Partnership's 2021 investor K-1 tax packages are now available on its website, http://www.shellmidstreampartners.com. Investors may access the tax package portal via a link on the "Tax Information" page, or use the following direct link: https://www.partnerdatalink.com/Shell For additional information related to the 2021 K-1 tax package, please contact ShellK1Help@deloitte.com or call toll-free 1-855-288-4071.  # # # About Shell Midstream Partners, L.P. Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipeli

Houston, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership's website at www.shellmidstreampartners.com. The filing can be accessed by selecting the "Financial Reporting" link. Also, upon written request, limited partners may receive, free of charge, a printed copy of the Partnership's Annual Report on Form 10-K, which includes audited financial statements. Requests should be communicated in writing to Shell Midstream Partners, L.P., Attention: Jamie Parker, Investor Relatio

HOUSTON, Feb. 11, 2022 /PRNewswire/ -- Shell Midstream Partners, L.P. (NYSE:SHLX) ("SHLX" or the "Partnership") announces that it has received a non-binding, preliminary proposal letter from Shell Pipeline Company LP ("SPLC") to acquire all of the Partnership's issued and outstanding common units not already owned by SPLC or its affiliates at a value of $12.89 per each issued and outstanding publicly held common unit of the Partnership (the "Proposal").  The Board of Directors of our general partner intends to appoint a conflicts committee to review, evaluate and negotiate the Proposal. SHLX will provide further information as appropriate. The proposed transaction is subject to a number of c

Houston, Jan. 20, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") announces that the Board of Directors of its general partner declared a cash distribution of $0.30 per limited partner common unit for the fourth quarter of 2021. The distribution will be paid February 11, 2022 to unitholders of record as of February 1, 2022. TAX CONSIDERATIONS This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Ac

Houston, Nov. 05, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) ("Shell Midstream Partners" or the "Partnership") and Shell Pipeline Company LP ("SPLC") announced today that they have safely re-started the West Delta-143 ("WD-143") "A" offshore facilities. With the WD-143 "A" facilities now operational, the Mars Oil Pipeline Company has resumed normal operations as producers ramp up production.  Throughout this time, Shell Midstream Partners' primary focus has been the safety of its affiliates' employees and the protection of the environment. For more information on Shell Midstream Partners and the assets owned by the Partnership, please visit www.

Houston, Sept. 27, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) ("Shell Midstream Partners" or the "Partnership") today announced that it expects outages and repairs related to Hurricane Ida to have an impact to both net income and cash available for distribution of approximately $45 to $55 million for the third quarter of 2021 and $20 to $30 million for the fourth quarter of 2021. The majority of the impact is related to the previously disclosed downtime across various pipeline assets, as well as remediation costs related to the Partnership's assets in the Gulf of Mexico and onshore in southeastern Louisiana. Shell Midstream Partners carries several insurance polic

Houston, Sept. 02, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) ("Shell Midstream Partners" or the "Partnership") and Shell Pipeline Company, L.P. are currently working to perform Hurricane Ida impact assessments on all of their owned or operated assets in the Gulf of Mexico and onshore Louisiana. Following initial high-level assessments, the Partnership can report the following at this time: Gulf of Mexico Pipelines: Initial flyovers have indicated that there was damage to the West Delta-143 facilities, which are operated by Shell Pipeline Company, L.P. and serve as a transfer station for the Mars Oil Pipeline for production in the Mars corridor. All parties are co

Houston, July 16, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.'s Second Quarter Earnings Conference Call will be held Friday, July 30, 2021 at 10:00am CST. Shell Midstream Partners' participants will be Steve Ledbetter, President and Chief Executive Officer, Shawn Carsten, Chief Financial Officer and Sean Guillory, VP Commercial. Financial information, including the earnings release, will be released before markets open on Friday, July 30th. Interested parties may listen to the conference call on the Partnership's website at www.shellmidstreampartners.com by clicking on the "2021 Second Quarter Financial Results" link in the "Events & Conference" section. A replay of the webcas

Houston, April 30, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership" or "Shell Midstream Partners") reported net income attributable to the Partnership of $163 million for the first quarter of 2021, which equated to $0.37 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $201 million. Total cash available for distribution was $173 million, approximately $8 million higher than the prior quarter. This increase was largely driven by offshore volumes returning to more normal levels following hurricane impacts a

Houston, April 22, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE:SHLX) (the "Partnership") announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per limited partner common unit for the first quarter of 2021. The distribution will be paid May 14, 2021 to unitholders of record as of May 4, 2021.TAX CONSIDERATIONSThis release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership's distributions to foreign investors are attributable to income that is effectively connected with a U.S. trade or business. Accordingly, a

Houston, April 13, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P.'s First Quarter Earnings Conference Call will be held Friday, April 30th, 2021 at 10:00am CST. Shell Midstream Partners' participants will be Steve Ledbetter, President and Chief Executive Officer, Shawn Carsten, Chief Financial Officer and Sean Guillory, VP Commercial. Financial information, including the earnings release, will be released before markets open on Friday, April 30th. Interested parties may listen to the conference call on the Partnership's website at www.shellmidstreampartners.com by clicking on the "2021 First Quarter Financial Results" link in the "Events & Conference" section. A replay of the we

Houston, March 08, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) has announced that the Partnership’s 2020 investor K-1 tax packages are now available on its website, http://www.shellmidstreampartners.com. Investors may access the tax package portal via a link on the “Tax Information” page, or use the following direct link: https://www.partnerdatalink.com/Shell For additional information related to the 2020 K-1 tax package, please contact ShellK1Help@deloitte.com or call toll-free 1-855-288-4071.  # # # About Shell Midstream Partners, L.P. Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other m

Houston, Feb. 23, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2020 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership’s website at www.shellmidstreampartners.com. The filing can be accessed by selecting the “Financial Reporting” link. Also, upon written request, limited partners may receive, free of charge, a printed copy of the Partnership’s Annual Report on Form 10-K, which includes audited financial statements. Requests should be communicated in writing to Shell Midstream Partners, L.P., Attention: Jamie Parker, Investor

Houston, Feb. 19, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership” or “Shell Midstream Partners”) reported net income attributable to the Partnership of $129 million for the fourth quarter of 2020, which equated to $0.29 per diluted common limited partner unit. Shell Midstream Partners also generated adjusted earnings before interest, income taxes, depreciation and amortization attributable to the Partnership of $188 million. Total cash available for distribution was $162 million, approximately $1 million lower than the prior quarter. The Partnership was impacted by late season storms in the Gulf of Mexico, planned turnaround activities and the co

Houston, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) (the “Partnership”) announces that the Board of Directors of its general partner declared a cash distribution of $0.4600 per limited partner unit for the fourth quarter of 2020, consistent with the distribution paid with respect to the fourth quarter of 2019. The distribution will be paid February 12, 2021 to unitholders of record as of February 2, 2021.   TAX CONSIDERATIONS This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of the Partnership’s distributions to foreign investors are attrib

Houston, Jan. 21, 2021 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) announced today that after a distinguished 29 year career with Royal Dutch Shell plc (“Shell”), Kevin Nichols will retire as President and Chief Executive Officer of Shell Midstream Partners GP LLC, the general partner of SHLX, effective March 1, 2021.  Steve Ledbetter, Vice President-Commercial of SHLX, will succeed Kevin. Steve joined Shell in 1999 and has held roles with increasing responsibility within Shell's Pipeline, Manufacturing and Global Lubricants businesses and served as President of Jiffy Lube International, a wholly owned subsidiary of Shell, from 2013 to 2018. In 2018, Steve was named Vi