Shell Midstream Partners Quiet; Hearing Report FBI Is Working Closely With Colonial Pipeline; Shell Has Stake In Colonial
Portfolio Pulse from Benzinga Newsdesk
Shell Midstream Partners is quiet amid reports that the FBI is working closely with Colonial Pipeline, in which Shell has a stake.

May 10, 2021 | 3:36 pm
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NEUTRAL IMPACT
Shell Midstream Partners is indirectly involved as the FBI works with Colonial Pipeline, where Shell has a stake.
The news mentions Shell Midstream Partners due to its stake in Colonial Pipeline. However, the direct impact on SHLX is unclear, leading to a neutral short-term price direction.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70