BRIEF-Shell Midstream Partners Lp - QTRLY Net Income Attributable To Partnership Was $148 Million, Compared To $158 Million For Prior Quarter

Reuters2022-07-29

July 28 (Reuters) - Shell Midstream Partners LP :

* SHELL MIDSTREAM PARTNERS, L.P. 2ND QUARTER 2022 UNAUDITED RESULTS

* QTRLY NET INCOME ATTRIBUTABLE TO PARTNERSHIP WAS $148 MILLION, COMPARED TO $158 MILLION FOR PRIOR QUARTER

* ANTICIPATE IMPACT OF ABOUT $15 MILLION TO NET INCOME AND CAFD FROM PLANNED TURNAROUND ACTIVITY IN 2022

* ABOUT $14 MILLION OF EXPECTED IMPACT HAS BEEN INCURRED IN SIX MONTHS ENDED JUNE 30, 2022

* QTRLY COMMON DILUTED EARNINGS PER SHARE $ 0.33

* Q2 EARNINGS PER SHARE VIEW $0.38 -- REFINITIV IBES DATA

Source text for Eikon: Further company coverage:

((Reuters.Briefs@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment