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Shell Midstream Partners, L.P. Declares 3.5% Increase in Quarterly Distribution

Written by Customer Service on . Posted in Public Companies.

Houston, Oct. 24, 2019 (GLOBE NEWSWIRE) — Shell Midstream Partners, L.P. (NYSE: SHLX) announces that the Board of Directors of its general partner declared a cash distribution of $0.4450 per limited partner unit for the third quarter of 2019.  This represents an increase of 3.5 percent over the previous quarterly distribution of $0.4300 per unit and a 16.5 percent increase over the distribution paid with respect to the third quarter of 2018.  The distribution will be paid November 14, 2019 to unitholders of record as of November 4, 2019.  

About Shell Midstream Partners, L.P.
Shell Midstream Partners, L.P., headquartered in Houston, Texas, is a growth-oriented master limited partnership formed by Royal Dutch Shell plc to own, operate, develop and acquire pipelines and other midstream assets. Shell Midstream Partners, L.P.’s assets include interests in entities that own crude oil and refined products pipelines and terminals that serve as key infrastructure to (i) transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and (ii) deliver refined products from those markets to major demand centers. Our assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.Shell Media Relations
Americas: +1 832 337 4355Shell Investor Relations
North America: +1 832 337 2034* SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.

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