Shell plc (SHEL)
| Market Cap | 187.08B |
| Revenue (ttm) | 296.76B |
| Net Income (ttm) | 15.64B |
| Shares Out | 6.22B |
| EPS (ttm) | 2.42 |
| PE Ratio | 11.96 |
| Forward PE | 8.07 |
| Dividend | $2.75 (4.54%) |
| Ex-Dividend Date | Nov 15, 2024 |
| Volume | 4,063,359 |
| Open | 60.23 |
| Previous Close | 60.78 |
| Day's Range | 60.15 - 61.03 |
| 52-Week Range | 60.15 - 74.61 |
| Beta | 0.49 |
| Analysts | Buy |
| Price Target | 79.50 (+31.1%) |
| Earnings Date | Jan 30, 2025 |
About SHEL
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market. The company also markets and trades nat... [Read more]
Financial Performance
In 2023, Shell's revenue was $316.62 billion, a decrease of -16.97% compared to the previous year's $381.31 billion. Earnings were $19.36 billion, a decrease of -54.24%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for SHEL stock is "Buy." The 12-month stock price forecast is $79.5, which is an increase of 31.10% from the latest price.
News
Transaction in Own Shares
Transaction in Own Shares 20 December, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 20 December 2024 it purchased the following number of Shares for cancell...
Prax and Shell call off deal on stake in PCK Schwedt oil refinery
Prax and Shell have decided not to proceed with the sale of Shell's share in the PCK Schwedt oil refinery in Germany to Prax, they said on Friday.
Argentina's YPF signs agreement with Shell to develop Argentina LNG project
Argentina's state-run oil company YPF and oil major Shell signed an agreement to develop the country's flagship liquefied natural gas (LNG) project, the companies said on Thursday.
Nigeria's oil minister approves Shell's $2.4 billion asset sale to Renaissance
Nigeria's oil minister has granted consent to Shell's sale of $2.4 billion in assets to Renaissance Group, Renaissance said in a statement on Wednesday.
Shell invests in Nigeria's Bonga North deep-water project
Shell said on Monday its Nigerian subsidiary has announced a final investment decision (FID) on Bonga North, a deep-water project off the coast of Nigeria.
Shell plc - Outcome of audit tender process
Shell plc Outcome of audit tender process December 12, 2024 Shell plc (the Company) announces that, following the conclusion of a competitive audit tender process led by the Audit and Risk Committee, ...
RNLI benefits as Shell and Greenpeace settle bitter climate protest case
Shell and the environmental campaign group Greenpeace have settled a multimillion pound lawsuit brought over an at-sea protest.
Shell plc Third Quarter 2024 Euro and GBP Equivalent Dividend Payments
SHELL PLC THIRD QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS December 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of t...
Shell: UK Upstream Merger Is A Good Sign For Shell And A Bad One For The UK
Shell and Equinor will merge their UK upstream assets into a 50/50 joint venture, creating the largest producer in the UK North Sea. The deal is the latest in the line of divestments by global majors ...
Combining Shell, Equinor portfolios, we will be much stronger: Equinor
Camilla Salthe, senior vice president of UK head of upstream at Equinor, discusses the company's announcement to create a new U.K. oil and gas producer with Shell.
As U.K. clamps down on North Sea production, Shell and Equinor to merge operations there
With the U.K. government clamping down on production from the North Sea, Shell and Equinor on Thursday said they would merge their oil and gas operations.
Shell and Equinor to merge UK North Sea oil and gas assets
Shell and Equinor will combine their UK North Sea offshore oil and gas assets to create a new company with 1,300 employees.
Equinor, Shell to Combine U.K. Assets
The energy majors will create a joint venture they say will be the biggest independent producer in the North Sea to help sustain domestic oil-and-gas production and secure energy supply in the U.K.
Shell and Equinor to create Britain's largest independent oil and gas company in joint venture
Britain's Shell and Norway's Equinor on Thursday announced plans to combine their British offshore oil and gas assets to create a jointly owned energy company.
Equinor, Shell to form jointly owned oil and gas producer in Britain
Norway's Equinor and Shell will combine their British offshore oil and gas assets to create a new company owned 50% each, the Norwegian group said on Thursday.
Exclusive: Shell slows investments in offshore wind, splits power business
Shell is stepping back from new investments in offshore wind projects and is splitting its power division following an extensive review of the business under CEO Wael Sawan's drive to boost the compan...
Bangladesh's new LNG purchase policy draws Shell, BP, Glencore and Aramco
Shell , BP , Aramco and Glencore are among nearly two dozen firms Bangladesh has approved as suppliers of spot liquefied natural gas (LNG) as it seeks to boost competition and cut costs, the country's...
Edgewater Midstream Closes Acquisition of Refined Products Logistics Assets From Shell
HOUSTON--(BUSINESS WIRE)--Edgewater Midstream LLC (“Edgewater”), a portfolio company of EnCap Flatrock Midstream, announced today that it closed its previously announced acquisition of the Sinco Pipel...
LNG Shipping Stocks: An Uncertain Future Amid Spot Rate Pressures
The LNG shipping sector faces challenges with declining UPI TCE rates and pressured spot rates, exacerbated by rising gas prices and market uncertainties. Tankers are being diverted to Europe and pote...
QatarEnergy signs long-term LNG deal with Shell for delivery to China
State-owned QatarEnergy (QATPE.UL) has signed a long-term sales and purchase agreement with oil and gas major Shell to supply it with liquefied natural gas (LNG) for delivery to China.
On The Brink Of A Potential Asia-Europe LNG Bidding War, I Am Buying Shell
Europe's worsening natural gas supply situation and rising spot prices suggest an impending LNG bidding war, making Shell an attractive investment due to its robust LNG segment. The Dutch TTF spot pri...
Ukrnafta buys Shell's 51% stake in gas-station network operator in Ukraine
Ukraine-owned oil and gas producer Ukrnafta said on Tuesday it bought a 51% stake in Shell's petrol station network in Ukraine.
TotalEnergies, BP, Equinor and Shell commit $500 mln to boost energy access
Leading energy companies TotalEnergies , BP , Shell and Equinor announced a $500-million joint investment commitment, aimed at increasing people's access to sustainable modern energy sources.
Viking Fund Management Sells Big Oil Stocks In Q3, Cuts Tesla Position In Half, Adds To Largest Position Broadcom
A new 13F filing from Viking Fund Management reveals which companies the fund bought and sold in the third quarter, including exiting some oil companies ahead of the 2024 election.
Shell CEO Wael Sawan: Shell's transition is underway and underlying value can now be unlocked
Wael Sawan, Shell CEO, joins 'Money Movers' to discuss Sawan's expectations for policy changes under the Trump administration, if the U.S. will apply more sanctions on Iran, and much more.