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 |
|---|---|---|---|
| 3/19/2025 | $81.00 | Buy | TD Cowen |
| 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 |
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)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
6-K - Shell plc (0001306965) (Filer)
Shell plc Shell announces commencement of a share buyback programme May 2, 2025 Shell plc (the ‘Company') today announces the commencement of a $3.5 billion share buyback programme covering an aggregate contract term of approximately three months (the ‘programme'). The purpose of the programme is to reduce the issued share capital of the Company. All shares repurchased as part of the programme will be cancelled. It is intended that, subject to market conditions, the programme will be completed prior to the Company's Q2 2025 results announcement, scheduled for July 31, 2025. The Company has entered into an arrangement with a single broker consisting of two irrevocable, non-discretionary
London, May 2, 2025 − The Board of Shell plc (the "Company") (XLON: SHEL, NYSE:SHEL, XAMS: SHELL) today announced an interim dividend in respect of the first quarter of 2025 of US$ 0.358 per ordinary share. Details relating to the first quarter 2025 interim dividend Per ordinary share(GB00BP6MXD84) Q1 2025 Shell Shares (US$) 0.358 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. An alternative ‘Electronic Election Entitlement' (‘EEE') process is available in CREST for dividends with options elections. Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will recei
London, May 2, 2025 "Shell delivered another solid set of results in the first quarter of 2025. We further strengthened our leading LNG business by completing the acquisition of Pavilion Energy, and high-graded our portfolio with the completion of the Nigeria onshore and the Singapore Energy and Chemicals Park divestments. Our strong performance and resilient balance sheet give us the confidence to commence another $3.5 billion of buybacks for the next three months, consistent with the strategic direction we set out at our Capital Markets Day in March." Shell plc Chief Executive Officer, Wael Sawan SOLID RESULTS; RESILIENT BALANCE SHEET; CONSISTENT DISTRIBUTIONS Q1 2025 Adjusted Earn
SHELL PLC1st QUARTER 2025 UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Q1 2025Q4 2024Q1 2024%¹ Reference 4,780 928 7,358 +415Income/(loss) attributable to Shell plc shareholders 5,577 3,661 7,734 +52Adjusted EarningsA 15,250 14,281 18,711 +7Adjusted EBITDAA 9,281 13,162 13,330 -29Cash flow from operating activities (3,959) (4,431) (3,528) Cash flow from investing activities 5,322 8,731 9,802 Free cash flowG 4,175 6,924 4,493 Cash capital expenditureC 8,575 9,401 8,997 -9Operating expensesF 8,453 9,138 9,054 -7Underlying operating expensesF 10.4%11.3%12.0% ROACED 76,511 77,078
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 April 30, 2025, consists of 5,977,723,229 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury. The figure, 5,977,723,229, 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 share
NOTICE OF 2025 ANNUAL GENERAL MEETING Shell plc's 2025 Annual General Meeting ("AGM") scheduled to be a hybrid meeting, facilitating both physical and virtual attendance 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 2025 Annual General Meeting (the "Notice"), which can be viewed and downloaded from shell.com/agm. The AGM is scheduled to be held at the Sofitel London Heathrow Hotel – Terminal 5, London Heathrow Airport, London TW6 2GD at 10:00 (UK time) on Tuesday May 20, 2025. Further details on how to join or watch the AGM can be found within the Notice.
The following is an update to the first quarter 2025 outlook and gives an overview of our current expectations for the first quarter. Outlooks presented may vary from the actual first quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on May 2, 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 Q4'24 Q1'25 Outlook Comment Adjusted EBITDA: Production (kboe/d) 905 910 - 950 Impacted by unplanned maintenance, including in Australia. LNG liquefaction volumes (MT)
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 March 31, 2025, consists of 6,016,082,392 ordinary shares of €0.07 each. Shell plc holds no shares in Treasury. The figure, 6,016,082,392, 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 share
Shell plc filed 2024 Form 20-F with SECMarch 25, 2025 Shell plc filed its Form 20-F for the year ended December 31, 2024, ("2024 Form 20-F"), with the US Securities and Exchange Commission on March 25, 2025. The 2024 Form 20-F can be downloaded from www.shell.com/investors/results-and-reporting/annual-report or www.sec.gov. Shell plc also published its Annual Report and Accounts for the year ended December 31, 2024, ("2024 Annual Report and Accounts") on March 25, 2025. The 2024 Annual Report and Accounts can be viewed online or downloaded in pdf format at www.shell.com/investors/results-and-reporting/annual-report. Printed copies of the 2024 Form 20-F will be available from April 17,
Shell plc publishes 2024 Annual Report and AccountsMarch 25, 2025 Shell plc published its Annual Report and Accounts for the year ended December 31, 2024 ("2024 Annual Report and Accounts"). The 2024 Annual Report and Accounts will be submitted to the Annual General Meeting to be held on May 20, 2025. The 2024 Annual Report and Accounts can be viewed online or downloaded in pdf format at www.shell.com/investors/results-and-reporting/annual-report. In compliance with UK Listing Rule 6.4.1, on March 25, 2025, a copy of the 2024 Annual Report and Accounts was submitted to the National Storage Mechanism. This document will shortly be available for inspection at https://data.fca.org.uk/#/nsm
SC 13G/A - Shell plc (0001306965) (Subject)
TD Cowen resumed coverage of Shell plc with a rating of Buy and set a new price target of $81.00
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
Shell plc Shell announces commencement of a share buyback programme May 2, 2025 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 Q2 2025 results announcement, scheduled for July 31, 2025. The Company has entered into an arrangement with a single broker consisting of two irrevocable, non-discretionary
London, May 2, 2025 "Shell delivered another solid set of results in the first quarter of 2025. We further strengthened our leading LNG business by completing the acquisition of Pavilion Energy, and high-graded our portfolio with the completion of the Nigeria onshore and the Singapore Energy and Chemicals Park divestments. Our strong performance and resilient balance sheet give us the confidence to commence another $3.5 billion of buybacks for the next three months, consistent with the strategic direction we set out at our Capital Markets Day in March." Shell plc Chief Executive Officer, Wael Sawan SOLID RESULTS; RESILIENT BALANCE SHEET; CONSISTENT DISTRIBUTIONS Q1 2025 Adjusted Earn
SHELL PLC1st QUARTER 2025 UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Q1 2025Q4 2024Q1 2024%¹ Reference 4,780 928 7,358 +415Income/(loss) attributable to Shell plc shareholders 5,577 3,661 7,734 +52Adjusted EarningsA 15,250 14,281 18,711 +7Adjusted EBITDAA 9,281 13,162 13,330 -29Cash flow from operating activities (3,959) (4,431) (3,528) Cash flow from investing activities 5,322 8,731 9,802 Free cash flowG 4,175 6,924 4,493 Cash capital expenditureC 8,575 9,401 8,997 -9Operating expensesF 8,453 9,138 9,054 -7Underlying operating expensesF 10.4%11.3%12.0% ROACED 76,511 77,078
The following is an update to the first quarter 2025 outlook and gives an overview of our current expectations for the first quarter. Outlooks presented may vary from the actual first quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on May 2, 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 Q4'24 Q1'25 Outlook Comment Adjusted EBITDA: Production (kboe/d) 905 910 - 950 Impacted by unplanned maintenance, including in Australia. LNG liquefaction volumes (MT)
March 25, 2025 – Shell (NYSE:SHEL, AMST: SHELL)) will today present to investors at its Capital Markets Day 2025 the next steps in the execution of its strategy. Shell is strengthening its commitment to value creation and maintaining its focus on performance, discipline and simplification. ‘'We have made significant progress against all of the targets we set out at our Capital Markets Day in 2023. Thanks to the outstanding efforts of our people, we are transforming Shell to become simpler, more resilient and more competitive,'' said CEO Wael Sawan. ‘‘We want to become the world's leading integrated gas and LNG business and the most customer-focused energy marketer and trader, while sustaini
RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil. The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the production sharing contract (PSC). The development plan includes the installation of a floating production storage and offloading (FPSO) vessel and
SHELL PLC FOURTH QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS March 10, 2025 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the fourth quarter 2024 interim dividend, which was announced on January 30, 2025 at US$0.358 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 February 28, 2025 will be entitled to a dividend of US$0.358, €0.3315 or 27.79p per ordinary share, respectively. Absent any valid election to the contrary, persons
Shell plc announces changes to the Executive Committee London, March 4, 2025 − In line with its ongoing transformation, Shell announces further changes to its Executive Committee and leadership structure to support its strategy to deliver more value with less emissions. "We have made significant progress in the last two years building stability with a track record of strong performance and active portfolio management, while simplifying our business," said Chief Executive Officer Wael Sawan. "Now is the right time to begin the next phase of our transformation. Going forward, we will delayer our most senior leadership structure to reflect the three primary areas of business value – Integrate
Shell plc Shell announces commencement of a share buyback programme January 30, 2025 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 Q1 2025 results announcement, scheduled for May 2, 2025. The Company has entered into an arrangement with a single broker consisting of two irrevocable, non-discretiona
London, January 30, 2025 "2024 was another year of strong financial performance across Shell. Despite the lower earnings this quarter, cash delivery remained solid and we generated free cash flow of $40 billion across the year, higher than 2023, in a lower price environment. Our continued focus on simplification helped to deliver over $3 billion in structural cost reductions since 2022, meeting our target ahead of schedule, whilst also making significant progress against all our other financial targets1. Today, we announce a 4% increase in our dividends and another $3.5 billion buyback programme, making this the 13th consecutive quarter of at least $3 billion of buybacks, all whilst furth
NOTICE OF 2025 ANNUAL GENERAL MEETING Shell plc's 2025 Annual General Meeting ("AGM") scheduled to be a hybrid meeting, facilitating both physical and virtual attendance 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 2025 Annual General Meeting (the "Notice"), which can be viewed and downloaded from shell.com/agm. The AGM is scheduled to be held at the Sofitel London Heathrow Hotel – Terminal 5, London Heathrow Airport, London TW6 2GD at 10:00 (UK time) on Tuesday May 20, 2025. Further details on how to join or watch the AGM can be found within the Notice.
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