Shell or BP moving to US listing 'counterproductive', says analyst
European energy companies considering relocating their primary listing to the bright lights of New York may find it "counterproductive", UBS thinks, though undoubtedly there are some short-term valuation benefits. The US market "carries a lower discount on oil & gas assets, provides more access to capital with fewer ESG constraints", the Swiss bank acknowledged.
Shell or BP moving to US listing 'counterproductive', says analyst
European energy companies considering relocating their primary listing to the bright lights of New York may find it "counterproductive", UBS thinks, though undoubtedly there are some short-term valuation benefits. The US market "carries a lower discount on oil & gas assets, provides more access to capital with fewer ESG constraints", the Swiss bank acknowledged.
AI & Big Data in Energy: 3 Oil & Gas Stocks to Keep an Eye On
Investors are advised to monitor three leading energy stocks, namely Shell (SHEL), BP and Chevron Corporation (CVX), as they are leveraging AI and big data.
Shell faces barrage of protests over climate at AGM
Shell has faced another barrage of questions and protests at its AGM from climate change activists and lobby groups over its green policies. Chairman Andrew MacKenzie was interrupted by protesters chanting the Dolly Patron sung Jolene with the words changed while a small group of protestors chanted outside of the meeting.
Shell faces barrage of protests over climate at AGM
Shell has faced another barrage of questions and protests at its AGM from climate change activists and lobby groups over its green policies. Chairman Andrew MacKenzie was interrupted by protesters chanting the Dolly Patron sung Jolene with the words changed while a small group of protestors chanted outside of the meeting.
Shell shareholders reject investor climate resolution
Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tighter climate targets.
Norway wealth fund asks Shell for more climate policy disclosure
Norway's $1.6 trillion sovereign wealth fund said on Thursday it had asked Shell to make additional disclosures regarding the company's revised climate targets.
Buy the Big Oil dip with an emphasis on Shell, says JPMorgan
In one of the more anti-woke stock recommendations of the week, analysts at JPMorgan have tipped Big Oil stocks, particularly British supermajor Shell PLC (LSE:SHEL, NYSE:SHEL). "Fundamentally, we believe oil and gas is significantly underrated and undervalued in the context of the need for a reality check on Energy Transition," they said.
