Shell plc (SHEL)
| Market Cap | 230.47B |
| Revenue (ttm) | 323.18B |
| Net Income (ttm) | 19.36B |
| Shares Out | 3.21B |
| EPS (ttm) | 5.70 |
| PE Ratio | 13.17 |
| Forward PE | 9.21 |
| Dividend | $2.70 (3.75%) |
| Ex-Dividend Date | May 16, 2024 |
| Volume | 4,068,013 |
| Open | 71.40 |
| Previous Close | 71.74 |
| Day's Range | 71.26 - 71.99 |
| 52-Week Range | 55.78 - 74.61 |
| Beta | 0.55 |
| Analysts | Buy |
| Price Target | 90.33 (+25.6%) |
| Earnings Date | May 2, 2024 |
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 $323.18 billion, a decrease of -16.32% compared to the previous year's $386.20 billion. Earnings were $19.36 billion, a decrease of -54.24%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for SHEL stock is "Buy." The 12-month stock price forecast is $90.33, which is an increase of 25.60% from the latest price.
News
Transaction in Own Shares
Transaction in Own Shares 17 May, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 May, 2024 it purchased the following number of Shares for cancellation. Aggregated...
Norway wealth fund asks Shell for more climate policy disclosure
Norway's $1.6 trillion sovereign wealth fund said on Thursday it had asked Shell to make additional disclosures regarding the company's revised climate targets.
Director/PDMR Shareholding
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
NSTA Announce 2024 Shell Urban Science Educator Development Award Winners
MCLEAN, Va.--(BUSINESS WIRE)-- #K12--NSTA announced the seven winners of the 2024 Shell Urban Science Educator Development Award.
Piersica Inc. Receives Shell GameChanger Grant to Help Bring its Solid-State Battery Technology to Market
TALLAHASSEE, Fla.--(BUSINESS WIRE)-- #BatteryIndustry--Piersica has received a grant from Shell GameChanger to help accelerate the development of the company's innovative solid-state battery technolog...
Chandra Asri purchase of Shell Singapore refinery brings scale, risk
While Chandra Asra's deal to buy Shell's Singapore refinery will see it join the ranks of Southeast Asia's largest petrochemicals players, it is taking on the risk of running an aging facility in a hi...
Shell, BNP Paribas Among Firms Exiting South Africa
Bloomberg News' Jennifer Zabasajja discusses global firms exiting South Africa with Joumanna Bercetche on on Horizons Daybreak: Middle East & Africa. -------- More on Bloomberg Television and Markets ...
Shell and Total Talk of Moving to New York. It's No Cure-All.
European energy companies are getting more serious about shifting their stocks to the U.S. in search of higher valuations.
Explainer: Shell's Singapore refinery sale and its market significance
Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian chemicals ...
Shell to sell Singapore refinery, petrochemical assets to Chandra Asri and Glencore
Shell said on Wednesday it has agreed to sell its refinery and petrochemical assets in Singapore to a joint venture between Indonesia's Chandra Asri Capital and Glencore Asian Holdings.
Shell to exit South Africa's downstream businesses
Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday.
Shell in talks to sell Malaysian gas station business to Saudi Aramco in $1-billion deal: report
Energy conglomerate Shell is currently negotiating the sale of its extensive gas station network in Malaysia to Saudi Arabia's state-owned oil company, Saudi Aramco, in a deal that industry insiders e...
Exclusive: Shell in talks to sell Malaysia fuel stations to Saudi Aramco, sources say
Energy giant Shell is in talks with Saudi Arabia's state-owned Saudi Aramco to sell its gas station business in Malaysia, the second-largest such network in the country, four industry sources aware of...
Oil majors offered faster Nigerian exit if they pay for cleanup
Majors such as Exxon Mobil and Shell that aim to exit Nigeria's onshore oil can get quicker approval to do so if they take responsibility for spills rather than wait for authorities to apportion blame...
Glencore-backed group nears deal for Shell's Singapore assets, Bloomberg reports
A consortium that includes Swiss miner and commodities trader Glencore and Indonesia's PT Chandra Asri Pacific is in advanced talks to buy Shell's oil refinery and petrochemical units in Singapore, in...
Shell appoints Kohli as UK boss
Shell announced the appointment of Parminder Kohli as its next UK country chair on Friday, replacing David Bunch who will head the energy company's mobility division.
Shell to focus on share buybacks to boost stock over New York listing, CEO Wael Sawan says
Shell is not currently working on plans to shift its listing from London to New York, but is instead seeking to boost its stock price by buying more of its shares back from shareholders, company CEO W...
Shell not looking at New York relisting at the moment, CEO says
Shell is not actively looking at relisting in New York at the moment, and is focused on share repurchases, CEO Wael Sawan said on Thursday.
FTSE Giants Shell, StanChart Top Estimates: Bloomberg UK 05/02/24
UK earnings season includes big players in banking and retail sectors. We digest the results with Bloomberg's Tom Metcalf, Will Kennedy, Sabah Meddings, and Bloomberg Opinion columnist, Paul Davies.
Shell Beat Expectations on Earnings, Buys Back Shares. The Stock Is Rising.
Chief Executive Officer Wael Sawan is working to close the valuation gap between his company and American rivals Exxon and Chevron.
Shell Keeps Up Buyback Pace, Profits Beat Estimates
Shell maintained the pace of share buybacks as first-quarter profit dropped less than expected. The energy producer has made dividends and buybacks a priority as it seeks to close the valuation gap wi...
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell's first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off a $3.5 billion share buyback program as it hu...
Shell Launches $3.5 Billion Buyback
Shell's first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.
Shell's Q1 report shows robust operational and financial performance, earning $7.7 billion
Shell plc, the British multinational oil and gas company, just released its quarterly earnings today for the Q1 of FY24. The Q1 adjusted earnings were of $7.7 billion, reflecting a strong operational ...
Oil giant Shell beats first-quarter profit estimates despite weaker gas prices
British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe.