This company has been acquired
Shell Midstream Partners Management
Management criteria checks 2/4
Shell Midstream Partners' CEO is Steve Ledbetter, appointed in Apr 2018, has a tenure of 4.5 years. directly owns 0.001% of the company’s shares, worth $63.46K. The average tenure of the management team and the board of directors is 5 years and 7.8 years respectively.
Key information
Steve Ledbetter
Chief executive officer
n/a
Total compensation
| CEO salary percentage | n/a |
| CEO tenure | 4.5yrs |
| CEO ownership | 0.001% |
| Management average tenure | 5yrs |
| Board average tenure | 7.8yrs |
Recent management updates
Recent updates
Shell Midstream Partners declares $0.30 dividend
Jul 21Shell Midstream Going Private Gives Investors A Low-Risk Opportunity
Jul 12Shell Midstream: Prime Assets, Subprime Valuation
Feb 02Shell Midstream Partners: Higher Distributions Would Do More Harm Than Good
Nov 22Shell Midstream Partners: Time To Buy With Dust Now Settling, Intrinsic Value 30%+ Higher
Sep 15Shell Midstream Cuts The Distribution
Aug 29Shell Midstream: Post Distribution Cut, Still A Wait And See
Jul 27Shell Midstream Partners: High Stakes For Their 13% Yield Heading Into Their Q2 Earnings
Jul 19CEO
Steve Ledbetter (46 yo)
4.5yrs
Tenure
Mr. Steven C. Ledbetter, also known as Steve, serves as the President, Chief Executive Officer and Director of Shell Midstream Partners GP LLC at Shell Midstream Partners, L.P. since March 01, 2021. Mr. Le...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 4.5yrs | no data | 0.0010% $ 63.5k | |
| CFO, VP & Director of Shell Midstream Partners GP LLC | 5.6yrs | no data | 0.0047% $ 295.5k | |
| Vice President of Operations of Shell Midstream Partners GP LLC | 1yr | no data | no data | |
| VP, General Counsel & Secretary of Shell Midstream Partners GP LLC | 8.8yrs | no data | 0.0039% $ 241.4k | |
| Investor Relations Officer | no data | no data | no data | |
| Treasurer | no data | no data | no data | |
| Controller | no data | no data | no data | |
| Investor Relations Officer | no data | no data | no data |
5.0yrs
Average Tenure
50.5yo
Average Age
Experienced Management: SHLX's management team is seasoned and experienced (5 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 1.6yrs | no data | 0.0010% $ 63.5k | |
| CFO, VP & Director of Shell Midstream Partners GP LLC | 5.5yrs | no data | 0.0047% $ 295.5k | |
| Independent Director of Shell Midstream Partners GP LLC | 8yrs | US$191.00k | 0.0089% $ 553.7k | |
| Independent Director of Shell Midstream Partners GP LLC | 7.8yrs | US$175.00k | 0.00076% $ 47.3k | |
| Independent Director of Shell Midstream Partners GP LLC | 8yrs | US$191.00k | 0.0076% $ 474.7k | |
| Chairman of Shell Midstream Partners GP LLC | 8yrs | no data | no data | |
| Director of Shell Midstream Partners GP LLC | 1.6yrs | no data | no data |
7.8yrs
Average Tenure
57yo
Average Age
Experienced Board: SHLX's board of directors are considered experienced (7.8 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2022/10/19 14:15 |
| End of Day Share Price | 2022/10/18 00:00 |
| Earnings | 2022/06/30 |
| Annual Earnings | 2021/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Shell Midstream Partners, L.P. is covered by 12 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Brian Zarahn | Barclays |
| Derek Walker | BofA Global Research |
| Ryan Levine | Citigroup Inc |