Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such ase low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, heating oil, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services, as well as electricity storage. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.
IPO Year: 2022
Exchange: NYSE
Website: https://www.shell.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/8/2025 | Neutral → Buy | UBS | |
| 1/7/2025 | $66.50 → $79.80 | Equal-Weight → Overweight | Morgan Stanley |
| 1/3/2025 | $80.00 | Peer Perform → Outperform | Wolfe Research |
| 7/18/2024 | Peer Perform | Wolfe Research | |
| 12/13/2023 | Outperform → Neutral | Exane BNP Paribas | |
| 6/22/2023 | Underweight → Equal-Weight | Morgan Stanley | |
| 2/27/2023 | $74.00 → $85.00 | Neutral → Buy | Goldman |
| 1/12/2023 | Outperform → Peer Perform | Wolfe Research | |
| 11/7/2022 | $79.00 → $76.00 | Buy → Neutral | Goldman |
| 3/11/2022 | $63.00 → $68.00 | Overweight | Wells Fargo |
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
25-NSE - Shell plc (0001306965) (Subject)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
SC 13G/A - Shell plc (0001306965) (Subject)
Transaction in Own Shares 17 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 17 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency17/01/20251,075,000 £27.3500£27.1050£27.2383LSEGBP17/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP17/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP17/01/2025685,000 €32.6100€32.3200€32.4820XAMSEUR17/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR17/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 16 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 16 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency16/01/20251,058,500 £27.1200£26.8200£26.9480LSEGBP16/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP16/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP16/01/2025695,500 €32.3900€32.0850€32.2110XAMSEUR16/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR16/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 15 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 15 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency15/01/20251,115,600 £26.8800£26.6400£26.7825LSEGBP15/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP15/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP15/01/2025737,700 €32.1700€31.9150€32.0560XAMSEUR15/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR15/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 13 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 13 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency13/01/20251,050,000 £26.7100£26.3850£26.5765LSEGBP13/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP13/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP13/01/2025708,000 €32.0900€31.6850€31.9139XAMSEUR13/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR13/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 10 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency10/01/20251,035,000 £26.7400£26.0150£26.3965LSEGBP10/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP10/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP10/01/2025676,000 €32.2250€31.3950€31.8321XAMSEUR10/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR10/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 09 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency09/01/20251,040,000 £26.2900£25.9900£26.1688LSEGBP09/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP09/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP09/01/2025700,000 €31.6600€31.3050€31.5480XAMSEUR09/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR09/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
Transaction in Own Shares 08 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency08/01/20251,025,000 £25.9200£25.5550£25.7632LSEGBP08/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP08/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP08/01/2025745,000 €31.5400€30.9200€31.2119XAMSEUR08/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR08/01/2025- €0.0000€0.0000€0.0000TQEXEUR These s
The following is an update to the fourth quarter 2024 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on January 30, 2025. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for the definition of the non-GAAP measure used and the most comparable GAAP measure. Integrated Gas $ billions Q3'24 Q4'24 Outlook Comment Adjusted EBITDA: Production (kboe/d) 941 880 - 920 Scheduled maintenance at Pearl GTL in Qatar in Q4'24. LNG liquefaction volumes (MT)
Transaction in Own Shares 02 January, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 02 January 2025 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchaseNumber of Shares purchasedHighest price paidLowest price paid Volume weighted average price paid per shareVenueCurrency02/01/2025685,226 £25.3350£24.8000£25.1131LSEGBP02/01/2025- £0.0000£0.0000£0.0000Chi-X (CXE)GBP02/01/2025- £0.0000£0.0000£0.0000BATS (BXE)GBP02/01/2025471,931 €30.8000€30.2350€30.5331XAMSEUR02/01/2025- €0.0000€0.0000€0.0000CBOE DXEEUR02/01/2025- €0.0000€0.0000€0.0000TQEXEUR These sha
Total Voting Rights In conformity with the Disclosure Guidance and Transparency Rules, we hereby notify the market of the following: Shell plc's capital as at December 31, 2024, consists of 6,115,031,158 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury. The figure, 6,115,031,158, may be used by shareholders as the denominator for the calculation by which they will determine if they are required to notify their interest in, or a change to their interest in, Shell plc under the FCA's Disclosure Guidance and Transparency Rules. Note: This announcement is made pursuant to Disclosure Guidance and Transparency Rules 5.6.1 and 5.6.1A and as such, the above figure includes
The following is an update to the fourth quarter 2024 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on January 30, 2025. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for the definition of the non-GAAP measure used and the most comparable GAAP measure. Integrated Gas $ billions Q3'24 Q4'24 Outlook Comment Adjusted EBITDA: Production (kboe/d) 941 880 - 920 Scheduled maintenance at Pearl GTL in Qatar in Q4'24. LNG liquefaction volumes (MT)
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES December 27, 2024 Shell plc (the "Company") has been notified that following the payment of the interim dividend on December 19, 2024 in respect of the third quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and Form 2
SHELL PLC THIRD QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS December 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the third quarter 2024 interim dividend, which was announced on October 31, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by November 29, 2024 will be entitled to a dividend of US$0.344, €0.3262 or 27.03p per ordinary share, respectively. Absent any valid election to the contrary, persons h
Shell plc Shell welcomes Dutch Court of Appeal ruling November 12, 2024 Today, the Court of Appeal of The Hague overturned the District Court of The Hague's 2021 ruling in the case brought against Shell plc by Milieudefensie, other NGOs and a group of private individuals. "We are pleased with the court's decision, which we believe is the right one for the global energy transition, the Netherlands and our company," said Shell plc Chief Executive Officer Wael Sawan. "Our target to become a net-zero emissions energy business by 2050 remains at the heart of Shell's strategy and is transforming our business. This includes continuing our work to halve emissions from our operations by 20301.
SHELL PLC 2025 INTERIM DIVIDEND TIMETABLE London, October 31, 2024 The Board of Shell plc today announced the intended timetable for the 2025 quarterly interim dividends. 2025 Interim Dividend Timetable Event 4th Quarter 2024 1st Quarter 2025 2nd Quarter 2025 3rd Quarter 2025 Announcement date January 30, 2025 May 2, 2025 July 31, 2025 October 30, 2025 Ex- Dividend Date for ADSs February 14, 2025 May 16, 2025 August 15, 2025 November 14, 2025 Ex- Dividend Date for ordinary shares February 13, 2025 May 15, 2025 August 14, 2025 November 13, 2025 Record date February 14, 2025 May 16, 2025 August
Shell plc Shell announces commencement of a share buyback programme October 31, 2024 Shell plc (the ‘Company') today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme'). The purpose of the programme is to reduce the issued share capital of the Company. All shares repurchased as part of the programme will be cancelled. It is intended that, subject to market conditions, the programme will be completed prior to the Company's Q4 2024 results announcement, scheduled for January 30, 2025. The Company has entered into an arrangement with a single broker consisting of two irrevocable, non-discret
London, October 31, 2024 "Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience of our balance sheet. Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12th consecutive quarter in which we have announced $3 billion or more in buybacks." Shell plc Chief Executive Officer, Wael Sawan STRONG RESULTS, CONSISTENT DISTRIBUTIONS Q3 2024 Adjusted Earnings1 of $6.0 billion, despite the lower crude prices and weaker refining margins, reflect strong operational performance in Integrated Gas, Upstream and Marketing.CFFO of $14.7 billion for th
SHELL PLC3rd QUARTER 2024 UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Nine monthsQ3 2024Q2 2024Q3 2023%¹ Reference20242023%4,291 3,517 7,044 +22Income/(loss) attributable to Shell plc shareholders 15,166 18,887 -206,028 6,293 6,224 -4Adjusted EarningsA20,055 20,944 -416,005 16,806 16,336 -5Adjusted EBITDAA51,523 52,204 -114,684 13,508 12,332 +9Cash flow from operating activities 41,522 41,622 —(3,857) (3,338) (4,827) Cash flow from investing activities (10,723) (12,080) 10,827 10,170 7,505 Free cash flowG30,799 29,542 4,950 4,719 5,649 Cash capital expenditureC14,161 17,280 9,570 8,
The following is an update to the third quarter 2024 outlook and gives an overview of our current expectations for the third quarter. Outlooks presented may vary from the actual third quarter 2024 results and are subject to finalisation of those results, which are scheduled to be published on October 31, 2024. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for previous quarter historical data. Integrated Gas $ billionsQ3'24 OutlookCommentAdjusted EBITDA:Production (kboe/d)920 - 960 LNG liquefaction volumes (MT)7.3 - 7.7 Underlying opex1.1 - 1.3 Adjusted Earnings: Pre-tax depreciation1.2 - 1.6 Taxation charge0.8 - 1.1 Other Considerations:Trading
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES September 30, 2024 Shell plc (the "Company") has been notified that following the payment of the interim dividend on September 23, 2024 in respect of the second quarter of 2024, the following Persons Discharging Managerial Responsibilities ("PDMRs") acquired dividend shares in respect of shares previously delivered to them under the annual bonus and/or shares previously vested under employee share plans and held in a Share Plan Account. Further information can be found in the Shell plc Annual Report and For
UBS upgraded Shell plc from Neutral to Buy
Morgan Stanley upgraded Shell plc from Equal-Weight to Overweight and set a new price target of $79.80 from $66.50 previously
Wolfe Research upgraded Shell plc from Peer Perform to Outperform and set a new price target of $80.00
Wolfe Research resumed coverage of Shell plc with a rating of Peer Perform
Exane BNP Paribas downgraded Shell plc from Outperform to Neutral
Morgan Stanley upgraded Shell plc from Underweight to Equal-Weight
Goldman upgraded Shell plc from Neutral to Buy and set a new price target of $85.00 from $74.00 previously
Wolfe Research downgraded Shell plc from Outperform to Peer Perform
Goldman downgraded Shell plc from Buy to Neutral and set a new price target of $76.00 from $79.00 previously
Wells Fargo reiterated coverage of Shell with a rating of Overweight and set a new price target of $68.00 from $63.00 previously
Shell plc Outcome of audit tender process December 12, 2024 Shell plc (the Company) announces that, following the conclusion of a competitive audit tender process led by the Audit and Risk Committee, the Board has approved the proposed re-appointment of Ernst & Young LLP (EY) as its external auditor to take effect from, and including, the financial year ending 31 December 2026. The re-appointment is subject to shareholder approval at the Company's 2026 Annual General Meeting. As a UK public interest entity, we are required to tender our audit every 10 years and rotate every 20 years. EY was first appointed at the AGM in May 2016 after a competitive tender process. We disclosed in our 2
NOTICE OF 2024 ANNUAL GENERAL MEETING Shell plc's 2024 Annual General Meeting ("AGM") scheduled to be a hybrid meeting, facilitating both physical and virtual attendance. Board requests shareholder support for Company's energy transition update, as disclosed in Shell plc's Annual Report and the Energy Transition Strategy 2024. Shareholders encouraged to vote in advance of the AGM, but voting enabled during the meeting for those formally in attendance. Today, Shell plc (the "Company") posted its Notice of 2024 Annual General Meeting (the "Notice"), which can be viewed and downloaded from shell.com/agm. The AGM is scheduled to be held at the InterContinental London – The O2, 1 Waterview Dri
SHELL PLC DIRECTOR DECLARATION Pursuant to Listing Rule 9.6.14R(2), Shell plc (the "Company") confirms that Mr Cyrus Taraporevala, who joins the Shell Board on March 2, 2023, as a Non-executive Director of the Company*, has been appointed as Non-executive Director of Bridgepoint Group plc, effective January 1, 2023. November 23, 2022Anthony ClarkeDeputy Company Secretary *On October 26, 2022, the Company announced the appointment of Mr Cyrus Taraporevala as a Non-executive Director of the company, effective March 2, 2023. He will become a member of the Company's Audit Committee on the same date. ENQUIRIESInternational, UK, European Press: +44 20 7934 5550 LEI number of Shell plc: 2138
SHELL PLCDIRECTORATE CHANGE LONDON, October 26, 2022 -- Shell plc (the "company") announces the appointment of Mr Cyrus Taraporevala as a Non-executive Director of the company, effective March 2, 2023. He will become a member of the company's Audit Committee on the same date. Sir Andrew Mackenzie, Chair of Shell plc, said: "Shell's Nomination and Succession Committee recommended Cyrus's appointment to the Board following a thorough search process and review of his extensive, relevant experience and skills. Cyrus will bring a deep understanding of global financial markets and sharp insights into the needs of shareholders, thanks to a highly successful international career in asset managemen
HIGHLIGHTS Three new US based directors appointed to the BoardMs Patricia Mishic O'Brien, Mr H. Keith Jennings, and Mr Graham van't Hoff appointed Non-Executive DirectorsKey appointments to help steward the Company to its aspiration of becoming a globally significant US based producer of boron and lithium advanced materialsMs Mishic O'Brien brings over 25 years' experience in Chief Commercial Officer and Chief Marketing Officer roles in global specialties and advanced materials businessesMr H. Keith Jennings brings over 30 years of global finance experience across pharmaceuticals, genomics, chemicals, fuels and energy industriesMr van't Hoff had a 35 year career with Royal Dutch Shell PLC f
Shell Chief Executive Officer Ben van Beurden to step down, Wael Sawan appointed as his successor LONDON, September 15, 2022 -- Shell plc ("Shell") today announced that Ben van Beurden will step down as Chief Executive Officer (CEO) at the end of 2022, and that his successor will be Wael Sawan. Wael's appointment is effective January 1, 2023*, when he will also join Shell's Board of Directors. Ben van Beurden will continue working as adviser to the Board until June 30, 2023, after which he will leave the group. Shell's Chair, Sir Andrew Mackenzie said: "Wael Sawan is an exceptional leader, with all the qualities needed to drive Shell safely and profitably through its next phase
SHELL PLC COMPANY SECRETARY CHANGE Shell plc announces the appointment of Caroline Omloo as Company Secretary with effect from August 1, 2022. Ms Omloo succeeds Linda Coulter who stands down from her role at the end of July 2022 and retires from Shell in February 2023 after 28 years of service with the Shell Group. NOTE Caroline Omloo is a Dutch national. Before joining Shell in 1999, she worked in private practice with law firm Nauta Dutilh. She has held various positions in Shell, including Secretary to the Audit Committee, Associate General Counsel Corporate Finance NL, Chief Privacy Officer and Head of Legal and management team member of the Downstream Operating Company in the
SHELL PLC RESULT OF ANNUAL GENERAL MEETING Shell plc announces the poll results on the resolutions at its Annual General Meeting held on Tuesday May 24, 2022 at Central Hall Westminster, Storey's Gate, Westminster, London, SW1H 9NH. Resolutions 1-20 were carried and resolution 21 (Shareholder resolution) was not carried. In accordance with the Listing Rules, a copy of all resolutions other than resolutions concerning ordinary business at the Annual General Meeting, will be submitted to the National Storage Mechanism and will be available for inspection at: https://data.fca.org.uk/#/nsm/nationalstoragemechanism RESOLUTION VOTES FOR % VOTES AGAINST
Shell announces Executive Committee and Board change LONDON, March 01, 2022 -- Shell plc ("Shell") today announced the appointment of Sinead Gorman as chief financial officer (CFO), effective April 1, 2022. She will become a member of both Shell's Executive Committee and Board of Directors. After a distinguished career of 17 years with Shell, the last five years as CFO, Jessica Uhl will step down from her role on March 31, 2022. Jessica will be available to assist Sinead and the Board with transition until June 30, 2022, after which she will leave the group. Shell's Chair, Sir Andrew Mackenzie said: "I am delighted to welcome Sinead to the leadership of our company She combines bro