Shell Selects McDermott for Enterprise Framework Agreement
SHEL partners with McDermott to drive engineering innovation, enhance procurement efficiency and accelerate low-carbon solutions worldwide.
Shell: Flexibility, Resilience, And Growth Potential In The New Energy Reality
Shell's integrated business model spans exploration, production, processing, and marketing, ensuring profitability at each stage and positioning it well for future growth. I assign a "Buy" rating to Shell shares with a target price of $78, reflecting a 16% growth potential from the current price. Despite challenges like energy transition and geopolitical risks, Shell's leadership in LNG and investments in low-carbon energy offer strong growth drivers.
Why the Market Dipped But Shell (SHEL) Gained Today
Shell (SHEL) reachead $73.03 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.
Calls of the Day: Carmax, Trade Desk, Total Energies, Shell
The Investment Committee debate the latest Calls of the Day.
Shell puts shareholder returns front and centre, but strategic clarity still questioned
Shell PLC (LSE:SHEL, NYSE:SHEL) is promising more money for shareholders, a leaner investment plan and a tighter focus on its most profitable businesses. But for all the pledges, some investors remain unconvinced that Europe's biggest energy group has the clearest roadmap for long-term value.
Shell CEO on LNG Demand, Buyback and Growth Strategy
Shell CEO Wael Sawan discusses the company's LNG strategy, share buyback program and growth opportunities on "Bloomberg The Close." Sign up for the Energy Daily newsletter, your guide to the energy and commodities markets that power the global economy, from journalists stationed around the world: Click Here -------- More on Bloomberg Television and Markets Like this video?
Shell CEO Sawan expects progress in Venture Global arbitration in coming months
Shell CEO Wael Sawan said on Tuesday he expects to have updates from the arbitration process with Venture Global in the coming months.
Shell CEO on company's vow to boost shareholder returns and cut spend
Shell CEO Wael Sawan discusses cost cuts the company is making.
Shell's new strategy puts emphasis on shareholder return – market reaction
Shell PLC (LSE:SHEL, NYSE:SHEL) shares traded on the front foot and market watchers espoused management's ‘new' strategic move which, somewhat simplistically, aims to prioritise shareholder returns. More specifically, Shell this morning said shareholder distributions would rise to 40-to-50% of cash flow, from the previous target of 30 to 40%.
Shell CEO Wael Sawan: Fossil fuels will continue to play a critical role in the energy system
CNBC's Brian Sullivan and Shell CEO Wael Sawan join 'Squawk Box' to discuss the company's capital markets day, the sale of its chemicals business, the company's share price, future of fossil fuels, and more.
Shell says outcome of Russian claim for 1.5 billion euros 'uncertain'
The outcome of a Russian prosecutor asking Shell to pay Gazprom 1.5 billion euros ($1.62 billion) for alleged unpaid gas deliveries in 2022 is "uncertain", Shell said in its annual report published on Tuesday.
Shell Set to Focus on LNG as Part of Future Growth Strategy
SHEL is expected to focus on LNG with its demand set to surge in the future, balancing investor concerns and climate risks.
