Shell Discovers Oil at Mediterranean's Deepest-Ever Offshore Well
SHEL announces Egypt's deepest Mediterranean oil discovery, confirming an active petroleum system as commercial studies assess development potential.
Shell Remains A Buy Ahead Of Q2 Earnings
Shell plc is reaffirmed as a Buy due to its attractive valuation, low leverage, and improving profitability. SHEL's acquisition of ARC Resources adds 370,000 boe/d, targeting 4% annualized output growth through 2030 and $1.5B annual cash flow. Despite recent revenue declines, SHEL's net income and margins have improved on higher realized prices, cost cuts, and better refining margins.
BP, Shell and Harbour Energy led falls as oil prices retreat
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) led a broad decline among London-listed oil producers on Monday as crude prices retreated sharply from last week's highs.
Shell (SHEL) Ascends While Market Falls: Some Facts to Note
Shell (SHEL) closed at $87.32 in the latest trading session, marking a +2.63% move from the prior day.
Shell Expands Caribbean LNG Footprint With Bahamas Terminal
SHEL expands its Caribbean LNG footprint with a Bahamas regasification terminal, supporting energy diversification and advancing the integrated gas strategy.
Shell (SHEL) Stock Sinks As Market Gains: Here's Why
In the closing of the recent trading day, Shell (SHEL) stood at $81.4, denoting a -1.02% move from the preceding trading day.
Shell: Q2 Update Suggests A Share Price Bump, Once Iran Crisis Ends
Shell is positioned to benefit from elevated European LNG prices, despite near-term disruptions in its Qatar operations due to the Iran crisis. I initiated a peripheral position in SHEL after a 10% pullback, viewing the LNG market outlook and share price discount as attractive entry points. Shell's Q2 guidance suggests stable upstream production, improved downstream margins, and a volatile but potentially lucrative LNG segment amid market disruptions.
Shell Lifts Q2 Outlook Despite Middle East Production Disruptions
SHEL raises Q2 refining margin outlook and expects stronger gas trading to offset lower production caused by Middle East disruptions.
Shell forecasts upgraded as brokers account for the incremental positives
Shell Plc's (LSE:SHEL, NYSE:SHEL) second-quarter update has pushed brokers to raise forecasts, with Citi lifting its EPS estimate by 13% and Jefferies increasing its earnings forecast by 14% to around US$9 billion. Citi said the statement was “incrementally positive”, with the main upside coming from downstream.
FTSE 100 rises as Shell boosts energy stocks despite mining weakness
The UK's FTSE 100 index edged higher on Tuesday as gains in energy stocks, led by Shell, offset weakness in precious metals miners. Rising oil prices and strength in consumer-focused shares also supported the benchmark index, while the midcap FTSE 250 traded lower.
Shell flags 'significantly higher' gas trading to offset lower oil and gas production
Shell PLC (LSE:SHEL, NYSE:SHEL) said stronger trading in its integrated gas business and improved refining margins should support second-quarter performance, although production has been hit by disruption to output from Qatar following the Iran war. Ahead of second-quarter results on 30 July, the oil major said integrated gas production is expected to be 610,000-650,000 barrels of oil equivalent a day in the second quarter, down from 909,000 in the first quarter, reflecting the impact on Qatari volumes.
Shell raises guidance slightly for Q2 integrated gas production
Shell raised its guidance slightly on Tuesday for its integrated gas production in the April-June quarter, though output is expected to be sharply lower than in the first quarter because of effects from the Middle East conflict.
