The Wild and Kings have combined for 17 ties in their last 26 games.
Schultz took a pass from Antti Laaksonen and got off a backhander from the inner edge of the right faceoff circle that beat goaltender Roman Cechmanek with 11:54 to go in the second. It was his third goal of the season, all in the last eight games.
Schultz's equalizer came just under two minutes after Scott Barney put Los Angeles in front with his first NHL goal.
Dwayne Roloson stopped 44 shots for Minnesota, which moved to 2-3-8 since Dec. 17.
The Kings are 0-3-7-3 during their longest stretch without a victory since a team-record 16-game winless streak from 22 seasons ago.