Shell exits China power market businesses

04:37am, Wednesday, 01'st May 2024
Shell decided to exit China's power generation, trading and marketing businesses effective from the end of 2023, the company said on Wednesday.
Shell (SHEL) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 7.6%, on average.
Nigeria's oil regulator on Monday commenced the evaluation of the divestment processes of Shell's 75-year-old onshore assets to Renaissance company, the new investors.
Buying options is a way to increase the leverage on a trade, as it takes an investor less out-of-pocket money to gain significantly higher exposure to a stock's underlying direction. The caveat lies i

Shell nets $1bn annually from US oil trading

06:05am, Monday, 29'th Apr 2024
Shell PLC (LSE:SHEL, NYSE:SHEL) regularly earns around US$1 billion a year from oil trading in the US, a lawsuit from a former employee has revealed. Though Shell does not disclose financials from US
Financial details of Shell's vast oil and gas trading business are some of the company's closest-held secrets. Documents in a lawsuit filed by a former employee, however, revealed its U.S. crude tradi

The Top 7 Oil & Gas Stocks to Buy in April 2024

06:00am, Saturday, 27'th Apr 2024
The World Bank has warned that an escalation of tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. The Bank stated that e
Shell PLC (LSE:SHEL, NYSE:SHEL) shareholders are on tenterhooks as they await the oil supermajor's first-quarter results, with the valuation question hanging heavy in the air. Although Shell was recen
Oil prices have surged approximately 15% this year, hovering near $90 a barrel with expectations of remaining at elevated geopolitical tensions. This rise in oil prices was fueled by increasing tensio
AstraZeneca PLC (LSE:AZN)'s solid rally following Thursday's first-quarter earnings print has made the pharmaceuticals giant Britain's most valuable company, overtaking oil major Shell. AstraZeneca po

Shell (SHEL) Rises Higher Than Market: Key Facts

07:01pm, Wednesday, 24'th Apr 2024
Shell (SHEL) closed at $73.13 in the latest trading session, marking a +0.49% move from the prior day.

Red Sea shipping traffic drops 66% due to attacks

07:37am, Wednesday, 24'th Apr 2024
Traffic through the Red Sea has dropped dramatically since mid-December, as tensions boil in the Middle East. Official figures showed on Wednesday that ships passing through the Suez Canal began to de
Shell (SHEL) and Exxon Mobil's (XOM) Groningen field has been permanently closed, following a law passed by the Dutch Senate. However, the field still has substantial reserves remaining.
Large-cap companies across Europe and the UK are buying back shares at unprecedented rates, new research from Goldman Sachs reveals. This is leading to a situation where high buyback-yielding stocks a
Recently, Zacks.com users have been paying close attention to Shell (SHEL). This makes it worthwhile to examine what the stock has in store.
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