Michael Fitzsimmons
Oil & gas, dividend investing, research analyst

Shell Midstream: Profiting On 'The Spiders From Mars'

Shell Midstream Partners (NYSE:SHLX) is a fee-based, growth-oriented MLP formed by Royal Dutch Shell (NYSE:RDS.A) to own, operate, develop and acquire pipelines and other midstream assets. Current assets include interests in crude oil and refined products pipelines that support onshore and offshore crude oil production to Gulf Coast refining markets and deliver refined products from those refining markets to major demand centers. Shell Midstream is still a mid-cap ($5.5 billion). But as the only MLP formed by a global major integrated oil company, it has enormous upside potential in terms of drop-down inventory at the GP. That will lead to clearly visible distribution growth and the prospect of significant capital appreciation. As a result, SHLX is

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