Shell sees 2024 oil and gas reserve replacement ratio at 85%
Shell said on Thursday it expects its proved oil and gas reserve replacement ratio for last year to be 85%.
Shell unveils $3.5bn buyback and lifts dividend despite profit drop
Shell PLC has ramped up shareholder rewards despite flagging lower profit for the fourth quarter on the likes of weaker oil prices and squeezed margins. A US$3.5 billion (£2.8 billion) buyback was unveiled in results on Thursday, alongside a 4% increase in dividends to US$0.3580 per share.
Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
Shell's fourth-quarter profit falls to $3.66 billion
Shell reported a smaller fourth-quarter profit on Thursday, as the oil major took a hit from lower refining margins and lower liquefied natural gas (LNG) trading.
Shell, BT and Apple feature on packed Thursday
A packed Thursday will bring reports from BT, Shell, Sage, St James's Place, before the likes of Apple and GDP figures from across the Atlantic.
Shell: Entering 2025 At A 16% FCF Yield, Top Pick Confirmed
Despite Q4 previewed to be weaker than previously expected, we believe Shell looks well set to outperform during 2025, specifically in a weaker commodity price environment. Valuation has dropped to a ~16% FCF yield, giving Shell a record high ~50% discount vs the broader sector. Distributions also remain attractive, with shares offering a >11% total yield including buybacks, which we believe look well covered down to $65 Brent.
Shell (SHEL) Declines More Than Market: Some Information for Investors
In the latest trading session, Shell (SHEL) closed at $65.39, marking a -1.91% move from the previous day.
Shell Set to Report Q4 Earnings: What's in Store for the Stock?
SHEL has warned of a sharp decline in earnings from its Integrated Gas division compared to the $2.87 billion reported in the third quarter of 2024.
Shell's full year update will be all about the cashflow, says analysts
Shell PLC (LSE:SHEL, NYSE:SHEL) left City analysts underwhelmed with its fourth quarter production update on 8 January, with lower LNG earnings and trading income' significantly down'. While the share price has moved up since that is more to do with the rally in crude prices generally than any great enthusiasm for the oil and gas giant following the update.
Shell sees another veteran depart as executive overhaul continues
Shell PLC (LSE:SHEL, NYSE:SHEL) has announced more senior management changes with the head of renewables solutions and a thirty-year company veteran Huibert Vigeveno standing down. Vigeveno is leaving to pursue other opportunities, said the statement for the oil giant, with Machteld de Haan appointed to the role of Director, Downstream, Renewables and Energy Solutions from 1 April 2025.
Shell says director of renewables and energy solutions to step down
Shell said on Thursday Huibert Vigeveno, its director of Downstream, Renewables and Energy Solutions will step down after 30 years with the energy major, and be replaced by insider Machteld de Haan.
Shell-CNOOC JV to Expand its Petrochemical Complex in China
SHEL has taken a final investment decision to expand its petrochemical complex in China through CSPC, a Shell-CNOOC joint venture.
