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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Shell Plc | LSE:SHEL | London | Ordinary Share | GB00BP6MXD84 | ORD EUR0.07 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 2,560.50 | 2,561.50 | 2,562.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Crude Petroleum & Natural Gs | 316.62B | 19.36B | 2.9804 | 8.59 | 166.39B |
LONDON--Shell Midstream Partners, a limited partnership formed by Anglo-Dutch Oil giant Royal Dutch Shell PLC (RDSB.LN), Monday launched an initial public offering of 37.5 million common units in New York.
The partnership was formed to own, operate, develop and buy pipelines and other midstream assets.
The units being offered represent a 27.2% limited partner interest in Shell Midstream Partners, or 31.3% if the underwriters exercise in full their option to buy additional common units. Royal Dutch Shell, through certain subsidiaries, will own the remaining limited partner interest in Shell Midstream Partners, as well as its 2.0% general partner interest.
The underwriters have a 30-day option to buy an extra 5.63 million common units in Shell Midstream
Write to Ian Walker at ian.walker@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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