Shell Midstream: 4Q Earnings Snapshot

HOUSTON (AP) — Shell Midstream Partners LP (SHLX) on Friday reported fourth-quarter net income of $129 million.
The Houston-based company said it had profit of 29 cents per share.
The master limited partnership posted revenue of $130 million in the period.
For the year, the company reported profit of $543 million, or $1.25 per share. Revenue was reported as $481 million.
Shell Midstream shares have climbed 12% since the beginning of the year. The stock has declined 42% in the last 12 months.
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