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SHELL MIDSTREAM PARTNERS, L.P.

(SHLX)
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SHELL MIDSTREAM PARTNERS, L.P. : Change in Directors or Principal Officers (form 8-K)

10/05/2021 | 10:32am EST

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Vice President, Operations

On October 4, 2021, the Board of Directors (the "Board") of Shell Midstream Partners GP LLC (the "general partner"), the general partner of Shell Midstream Partners, L.P. (the "Partnership"), appointed Gregory T. Mouras, 41, as Vice President, Operations of the general partner, effective October 15, 2021.

Mr. Mouras was also appointed as the General Manager of U.S. Midstream Operations for Shell Pipeline Company LP ("SPLC"), effective October 15, 2021. Previously, Mr. Mouras served as the Asset Operations Manager for SPLC in the Gulf of Mexico region since 2018, and as the interim General Manager of U.S. Midstream Operations since July 2021, helping to lead our business through Hurricane Ida recovery efforts. Mr. Mouras joined Shell Exploration & Production Company in 2003 and has served in various engineering and operational roles in the upstream business in both the Gulf of Mexico and onshore Texas regions, including Facilities and Reliability Engineering Manager, Surface Technical Development Manager and Regional Discipline Lead, thereby gaining expertise in the integrated Gulf of Mexico value chain from upstream to the market. Mr. Mouras graduated from Louisiana State University with a bachelor's degree in Mechanical Engineering and holds a Professional Engineering license in Louisiana.

Mr. Mouras was not appointed pursuant to any arrangement or understanding with any other person, and there are no transactions with Mr. Mouras that would be reportable under Item 404(a) of Regulation S-K.

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© Edgar Online, source Glimpses

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Financials (USD)
Sales 2021 551 M - -
Net income 2021 564 M - -
Net Debt 2021 2 745 M - -
P/E ratio 2021 8,13x
Yield 2021 12,1%
Capitalization 4 582 M 4 582 M -
EV / Sales 2021 13,3x
EV / Sales 2022 12,2x
Nbr of Employees -
Free-Float 31,5%
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Technical analysis trends SHELL MIDSTREAM PARTNERS, L.P.
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Mean consensus HOLD
Number of Analysts 10
Last Close Price 11,42 $
Average target price 13,65 $
Spread / Average Target 19,5%
EPS Revisions
Managers and Directors
Steven C. Ledbetter President, Chief Executive Officer & Director
Shawn J. Carsten Chief Financial Officer, Director & Vice President
Paul R. A. Goodfellow Chairman
James J. Bender Independent Director
Carlos A. Fierro Independent Director
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