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.
Shell's Traders Get Boost From Conflict But Gas Output Falls on Lost Qatari Volumes
The British energy major said its gas-trading division is expected to report significantly higher results than the first quarter, but integrated gas unit production is set to fall.
Shell Sees Global LNG Demand Rising 65% by 2050 Despite Challenges
SHEL's LNG Outlook 2026 projects global LNG demand to grow 65% by 2050, highlighting market resilience, energy security and rising Asian demand.
Here's Why Shell (SHEL) Fell More Than Broader Market
In the latest trading session, Shell (SHEL) closed at $76.57, marking a -1.25% move from the previous day.
Shell LNG Outlook 2026: The Hormuz Shock And The Coming Supply Crunch
The new Shell LNG Outlook 2026 published on June 30 carries a clear message: The world's current energy realities dictate that reliable energy infrastructure and steady policy matter more than ever. The report's modeling analysis in the wake of a prolonged disruption of LNG flows through the Strait of Hormuz shows how quickly global energy flows can be choked and why the industry cannot afford another decade of policy whiplash and ongoing underinvestment in new supplies.
Shell & Talos Energy Ink Deal to Reshape Gulf of America Portfolio
SHEL is reshaping its Gulf of America portfolio by selling mature offshore assets to TALO while retaining future upside and focusing on high-value growth.
Shell plc (SHEL) Discusses Global LNG Trends, Market Developments, and Outlook Prepared Remarks Transcript
Shell plc (SHEL) Discusses Global LNG Trends, Market Developments, and Outlook Prepared Remarks Transcript
Shell Signs New Engineering Framework Agreement With Chiyoda
SHEL signs a new agreement with Chiyoda to speed engineering support, improve project execution and strengthen delivery across global energy projects.
