Shell strategy day puts investment plans and LNG business in the spotlight
It is Shell PLC's (LSE:SHEL, NYSE:SHEL) capital markets day on Tuesday, 25 March, following a similar event for its smaller rival BP recently, which received a mixed reaction from investors and analysts. While the oil giant is expected to stick to its current playbook of cutting costs, keeping capital spending in check and focusing on its liquefied natural gas (LNG) business, there are some finer details that need clearing up.
Shell Invests in Gato do Mato to Drive Brazil's Pre-Salt Growth
SHEL approves investment in Brazil's Gato do Mato project, advancing the development of pre-salt reserves and strengthening its role in global energy markets.
Shell Aims for First Gas Production at Dragon Field by 2026
SHEL aims to start gas production at Venezuela's Dragon field by 2026, a year ahead of schedule, it secures LNG supply for Trinidad amid shifting U.S. sanctions.
Shell invests in Brazilian offshore project
Shell said on Friday it has taken the final investment decision for Gato do Mato, a deepwater project offshore Brazil with a capacity of 120,000 barrels of oil per day, where first oil is expected to flow in 2029.
Shell aims to bring gas from Venezuela to Trinidad in 2026, sources say
Shell Plc is aiming to begin producing natural gas at Venezuela's Dragon gas field and exporting it to neighboring Trinidad and Tobago in 2026, a year ahead of the original 2027 start date, according to two people familiar with the project.
Here's Why Shell (SHEL) Gained But Lagged the Market Today
Shell (SHEL) closed the most recent trading day at $71.52, moving +0.77% from the previous trading session.
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.
