ShellSHEL
SHEL
About: Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2023, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At end-2023, reserves stood at 9.6 billion barrels of oil equivalent, 49% of which, consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with capacity of 1.6 mmb/d located in the Americas, Asia, Africa, and Europe and sells about 12 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Central Europe, China, Singapore, and North America.
Employees: 100,000
0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 3 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
104% more call options, than puts
Call options by funds: $953M | Put options by funds: $468M
0.04% less ownership
Funds ownership: 5.87% [Q2] → 5.82% (-0.04%) [Q3]
2% less repeat investments, than reductions
Existing positions increased: 470 | Existing positions reduced: 481
3% less funds holding
Funds holding: 1,361 [Q2] → 1,325 (-36) [Q3]
11% less capital invested
Capital invested by funds: $26.8B [Q2] → $23.9B (-$2.85B) [Q3]
22% less first-time investments, than exits
New positions opened: 87 | Existing positions closed: 111
30% less funds holding in top 10
Funds holding in top 10: 33 [Q2] → 23 (-10) [Q3]
Research analyst outlook
3 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$72
8%
upside
Avg. target
$78
17%
upside
High target
$82
23%
upside
3 analyst ratings
3 positive
100%
0 neutral
0%
0 negative
0%
Wells Fargo Roger Read 39% 1-year accuracy 42 / 109 met price target | 23%upside $82 | Overweight Maintained | 31 Jan 2025 |
Morgan Stanley Martijn Rats 50% 1-year accuracy 2 / 4 met price target | 20%upside $80 | Overweight Upgraded | 7 Jan 2025 |
Piper Sandler Ryan Todd 22% 1-year accuracy 8 / 36 met price target | 8%upside $72 | Overweight Maintained | 19 Dec 2024 |
Financial journalist opinion
Based on 76 articles about SHEL published over the past 30 days
Neutral
Reuters
8 hours ago
Shell Canada president departs company
The head of oil multinational Shell's Canadian operations is leaving the company after four years at the helm.
Neutral
GlobeNewsWire
11 hours ago
Transaction in Own Shares
Transaction in Own Shares 04 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 04 February, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 04/02/2025 600,000 £ 26.5550 £ 26.0150 £ 26.2811 LSE GBP 04/02/2025 0 - - - Chi-X (CXE) GBP 04/02/2025 440,000 £ 26.5550 £ 26.0150 £ 26.2847 BATS (BXE) GBP 04/02/2025 530,000 € 32.0700 € 31.3950 € 31.7173 XAMS EUR 04/02/2025 150,000 € 32.0700 € 31.4250 € 31.7173 CBOE DXE EUR 04/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
Negative
Reuters
11 hours ago
Shell reports oil spill in Nigeria after saver pit overflows
Shell reported an oil spill on Tuesday at Ogale, near Port Harcourt, after a saver pit overflowed during flushing operations in the Niger delta region.
Neutral
GlobeNewsWire
14 hours ago
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 February, 4 2025 Shell plc announces that each of the following Persons Discharging Managerial Responsibilities (“PDMRs”) have been made a conditional award of performance shares of Shell plc under the Shell Share Plan 2023, subject to performance conditions determined by the Remuneration Committee and Remuneration Committee discretion, as set out below. PDMR Date Acquired Share Type Number of shares awarded Wael Sawan 31 January 2025 SHEL (LSE) 162,964 Sinead Gorman 31 January 2025 SHEL (LSE) 96,871 Philippa Bounds 31 January 2025 SHEL (LSE) 34,608 Robin Mooldijk 31 January 2025 SHELL (AMS) 43,532 Rachel Solway 31 January 2025 SHEL (LSE) 34,608 Huibert Vigeveno 31 January 2025 SHELL (AMS) 58,457 Zoe Yujnovich 31 January 2025 SHELL (AMS) 56,398 The Notification of Dealing Form for each PDMR can be found below.
Positive
Reuters
20 hours ago
Shell restarts production at Penguins field in UK North Sea
Shell said on Tuesday it has restarted production at the Penguins field in the UK North Sea with a modern floating, production, storage and offloading (FPSO) facility.
Neutral
GlobeNewsWire
1 day ago
Transaction in Own Shares
Transaction in Own Shares 03 February, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 03 February, 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 03/02/2025 600,000 £ 26.6450 £ 26.1600 £ 26.4010 LSE GBP 03/02/2025 0 - - - Chi-X (CXE) GBP 03/02/2025 440,000 £ 26.6450 £ 26.1700 £ 26.4011 BATS (BXE) GBP 03/02/2025 530,000 € 32.1650 € 31.6550 € 31.9138 XAMS EUR 03/02/2025 150,000 € 32.1700 € 31.6750 € 31.9272 CBOE DXE EUR 03/02/2025 0 - - - TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 30 January 2025.
Positive
Proactive Investors
1 day ago
Shell flags emerging markets opportunity ahead of investor day - Citi
Shell PLC's leadership is said to have flagged scope to pursue further growth in emerging markets as US energy firms turn focus towards domestic operations. Chief executive Wael Sawan in a meeting cited “frustration from political leaders” in such countries over issues with accessing financing, according to Citi analysts.
Positive
Seeking Alpha
2 days ago
Shell Has Room To Continue Shareholder Returns
Shell's strong 2024 performance includes $13.2 billion in CFFO, $7.5 billion in FCF, and a 4% dividend yield, with a new $3.5 billion buyback program. The company targets 30-40% of CFFO for shareholder distributions, expects 6% annualized FCF growth, and continues to reduce costs. Shell plans over $20 billion in capital expenditures, focusing on oil, LNG, gas, and low-carbon investments, driving future FCF growth.
Neutral
Skynews
4 days ago
Shell to install Jackdaw gas platform in North Sea despite being blocked from drilling, Sky News understands
Energy giant Shell is due to install a multi-billion pound gas platform in the North Sea this spring despite being blocked from drilling, Sky News understands.
Negative
Reuters
4 days ago
WRAPUP Big Oil bleak on refining profits going into 2025
Big Oil executives this week saw little prospect of a near-term improvement in refinery profits after Chevron , Exxon Mobil and Shell all reported fourth-quarter earnings that were hit hard by a downturn in the margins for producing fuel.
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