Shell (SHEL) Stock Slides as Market Rises: Facts to Know Before You Trade
In the most recent trading session, Shell (SHEL) closed at $70.31, indicating a -1.72% shift from the previous trading day.
Shell shares slide on weaker fourth quarter outlook
Shell PLC (LSE:SHEL, NYSE:SHEL) issued an update to its fourth quarter outlook on Thursday, flagging to investors softer trading. In London, the share was down 2.26% changing hands at 2,595p in Thursday morning's trade.
Shell Expects Higher Oil and Gas Production But Flags Downstream Weakness
Fourth-quarter upstream production is expected between 1.84 million and 1.94 million barrels of oil equivalent a day, up from 1.83 million in the third quarter.
Shell narrows outlook for third-quarter LNG output
Shell narrowed its projected range for fourth-quarter liquefied natural gas production to between 7.5 million metric tons and 7.9 million tons in a trading update on Thursday.
Shell Secures Petrovietnam Gas' First Long-Term LNG Contract
SHEL wins Petrovietnam Gas' first long-term LNG contract, supplying 400,000 metric tons a year from 2027 and deepening its role in Vietnam's gas market.
Shell Eyes Venezuelan Gas as Sanctions Ease and Markets Shift
SHEL can unlock multi-billion-dollar gas revenues in Venezuela as U.S. policy shifts, but political risk, weak prices and OPEC fallout loom.
Shell (SHEL) Laps the Stock Market: Here's Why
The latest trading day saw Shell (SHEL) settling at $75.44, representing a +2.67% change from its previous close.
Shell and INEOS Confirm Major Oil Discovery in the Gulf of America
SHEL and INEOS Energy announce a major Nashville oil discovery, with a potential Appomattox tie-back supporting long-term Gulf energy security.
Shell: When The 'European Discount' Becomes An Opportunity
Shell is upgraded to Buy, reflecting robust cash flows, disciplined capital allocation, and potential for a narrowing European valuation discount. SHEL delivered strong Q3 results with $10B free cash flow and maintains a compelling long-term growth pipeline, targeting over 10% nFCF per share growth through 2030. Management continues sizable buybacks and dividend growth while investing globally in LNG, oil, targeting margin-focused expansion.
Shell Approves Waterflood Project at Kaikias Field in the US Gulf
SHEL approves a waterflood project at the Kaikias field to lift recoverable resources and extend the Ursa platform's productive life in the Gulf of America.
BP drops to six-week low as Shell's lack of interest reported
BP PLC (LSE:BP.) shares fell 1.9% to 429.3p, a six-week low, after reports that Shell PLC's (LSE:SHEL, NYSE:SHEL) mergers chief departed after CEO Wael Sawan blocked a bid for its FTSE rival.
Exclusive: Shell seeks buyers for stake in Germany's Schwedt refinery, sources say
Shell has restarted efforts to sell its stake in Germany's PCK Schwedt oil refinery, three sources familiar with the matter told Reuters, aiming to exit an asset entangled in Western sanctions on Russia and Berlin's need to secure fuel supplies.
