Shell Midstream Partners, L.P. 2021 Form 10-K Available on Website
Shell Midstream Partners, L.P. (NYSE: SHLX) filed its Annual Report on Form 10-K for the fiscal year ended December 31, 2021, with the U.S. Securities and Exchange Commission. The report includes audited financial statements and can be accessed on the Partnership’s website. Limited partners can request a printed copy free of charge. Additionally, the press release details tax considerations for foreign investors, noting that all distributions are subject to federal income tax withholding. Shell Midstream operates pipelines and logistics assets essential for transporting crude oil and natural gas.
- Filed Annual Report on Form 10-K, enhancing transparency.
- Includes audited financial statements, bolstering investor confidence.
- Distributions to foreign investors subject to high federal income tax withholding.
Houston, Feb. 24, 2022 (GLOBE NEWSWIRE) -- Shell Midstream Partners, L.P. (NYSE: SHLX) today announced that its Annual Report on Form 10-K for the fiscal year ended December 31, 2021 was filed with the U.S. Securities and Exchange Commission and can be viewed on the Partnership’s website at www.shellmidstreampartners.com. The filing can be accessed by selecting the “Financial Reporting” link.
Also, upon written request, limited partners may receive, free of charge, a printed copy of the Partnership’s Annual Report on Form 10-K, which includes audited financial statements. Requests should be communicated in writing to Shell Midstream Partners, L.P., Attention: Jamie Parker, Investor Relations at 150 N. Dairy Ashford, Houston, Texas 77079.
TAX CONSIDERATIONS
This release is intended to be a qualified notice to nominees as provided for under Treasury Regulation Section 1.1446-4(b)(4) and (d). Please note that 100 percent of. the Partnership’s distributions to foreign investors are attributable to income that is effectively connected with a United States trade or business. Accordingly, all of the Partnership’s distributions to foreign investors are subject to federal income tax withholding at the highest effective tax rate for individuals or corporations, as applicable. Nominees, and not the Partnership, are treated as the withholding agents responsible for withholding on the distributions received by them on behalf of foreign investors.
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About Shell Midstream Partners, L.P.
Shell Midstream Partners, L.P., headquartered in Houston, Texas, owns, operates, develops and acquires pipelines and other midstream and logistics assets. The Partnership’s assets include interests in entities that own (a) crude oil and refined products pipelines and terminals that serve as key infrastructure to transport onshore and offshore crude oil production to Gulf Coast and Midwest refining markets and deliver refined products from those markets to major demand centers and (b) storage tanks and financing receivables that are secured by pipelines, storage tanks, docks, truck and rail racks and other infrastructure used to stage and transport intermediate and finished products. The Partnership’s assets also include interests in entities that own natural gas and refinery gas pipelines that transport offshore natural gas to market hubs and deliver refinery gas from refineries and plants to chemical sites along the Gulf Coast.
For more information on Shell Midstream Partners, L.P. and the assets owned by the Partnership, please visit www.shellmidstreampartners.com.
Inquiries:
Shell Media Relations
Americas: +1 832 337 4355
Shell Investor Relations
North America: +1 832 337 2837
* SHELL and the SHELL Pecten are registered trademarks of Shell Trademark Management, B.V. used under license.
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