Shell Exits Nigeria's Onshore Oil to Focus on Offshore Projects
SHEL completes the sale of its onshore assets in Nigeria, marking a strategic shift to offshore investments.
Shell: Boring is the new bold, says investment bank ahead of the oil major's capital markets day
Shell PLC's (LSE:SHEL, NYSE:SHEL) March 24 strategy update isn't expected to bring any big surprises, but that's not necessarily a bad thing. RBC sees the oil giant sticking to its current playbook of cutting costs, keeping capital spending in check, and focusing on its liquefied natural gas (LNG) business.
Shell (SHEL) Ascends While Market Falls: Some Facts to Note
Shell (SHEL) reachead $67.74 at the closing of the latest trading day, reflecting a +0.53% change compared to its last close.
Why Shell's Stock Is Set To Rebound - And How High It Could Go
Shell's valuation is unjustifiably low, despite generating $39.5 billion in free cash flow and aggressively rewarding shareholders with buybacks and dividends. Short-term issues like weak LNG trading and renewables impairments obscure Shell's long-term profitability and strong diversified portfolio. Management's disciplined approach includes cost-cutting, controlled capital expenditures, and strategic investments in high-margin projects and renewables.
Shell: Opportunity knocks for investors, says investment bank
Shell PLC's (LSE:SHEL, NYSE:SHEL) shares have room to climb, says JP Morgan, as “opportunity knocks” for the oil giant to narrow the gap with its bigger US rivals. The bank has an “overweight” rating on the stock and a price target of 3,300p, reflecting confidence in the Anglo-Dutch major's long-term strategy and ability to reward investors.
Shell: LNG As An Intermediate Step To Clean Energy
Shell's LNG business is crucial for reducing carbon emissions and transitioning to sustainable energy, with significant demand growth expected in China and India. Despite a 17% YoY drop in 2024 income, the Company's EV/EBITDA ratio of 3.69x and strong cash flow indicate an attractive valuation. SHEL's manageable debt levels and increased dividend payments highlight financial stability, despite geopolitical risks and potential economic slowdowns in China and India.
Shell Starts Oil Production From Gumusut-Kakap Phase 4 Project
SHEL starts first oil production from Phase 4 of Gumusut-Kakap offshore Malaysia, boosting deepwater exploration and energy output.
Shell Secures Approval for Australia's Giant Offshore Gas Project
SHEL receives environmental approval for its Crux gas project, a vital backfill source for the Prelude FLNG facility, with the first gas set for 2027.
Why Shell (SHEL) Outpaced the Stock Market Today
Shell (SHEL) closed the most recent trading day at $66.79, moving +1.18% from the previous trading session.
Shell's Sabah deepwater oil project begins phase 4 production
Shell has begun production at Phase 4 of its Sabah deepwater oil project in Malaysian and Bruneian waters, it said on Friday.
At least 8 hurt in South Korea after shell hits civilian area during military drills
At least eight people were hurt on Thursday after a shell was dropped on a civilian district, damaging houses and a church during live-fire military exercises in Pocheon, South Korea, a fire official said.
Why Shell (SHEL) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
