Shell Issues an Upbeat Outlook. The Stock Rises.

08:42am, Thursday, 06'th Apr 2023
The oil-and-gas company says the performance of its oil products division in the first three months is expected to be 'significantly higher' than in the fourth quarter of 2022.
Shell's trading update points to a good operational delivery during the quarter, falling opex and a strong contribution from trading, according to Jefferies. Lower than expected cash taxes and working
Shell PLC SHEL, +1.99% on Thursday forecast improved production from its integrated gas-and-oil products division in the first quarter of 2023 with higher liquid natural gas liquefaction volumes, thou
Shell PLC (LSE:SHEL, NYSE:SHEL) has updated investors on trading in the first quarter forecasting upstream adjusted earnings between US$2.8bn to US$3.1bn compared to US$2.9bn in quarter four. The oil
Shell (SHEL) to obtain $1.2 billion from Novatek for its 27.5% share in the Sakhalin-2 LNG project, following the approval of Russian president Vladimir Putin.
Shell (SHEL) decides against pursuing two projects in Singapore, owing to the lack of a regulatory mandate, making the project commercially unfeasible.
Shell plc has a unique portfolio of assets and has continued to generate strong returns despite its investments in changing markets. The company is high-grading its core energy portfolio, and it has s
Convenience stores at gas stations are facing existential threats.
Energy stocks were the best-performing stocks in London as investors cheered the latest crude oil news. Harbour Energy, Ithaca Energy, Tullow Oil, and Energean were the best-performing stocks in the m
Energy stocks rallied in early trade in Europe after the surprise cut in production announced by OPEC countries over the weekend. Of Stoxx Europe 600 components, Harbour Energy HBR, +7.87% rose 8%, Ak
Citi has provided its reaction to the reported restructuring of Shell PLC (LSE:SHEL, NYSE:SHEL)'s energy transition business. “The move looks like further confirmation of our view that European oil
The eight largest energy companies in the world were evaluated for relative quality. Based on this analysis, ConocoPhillips appears to be the best prospect by a very thin margin.
There are abundant opportunities for energy companies with a footprint in oil and gas resources and the renewable energy space. Three such companies are BP, Shell plc (SHEL) and Equinor ASA (EQNR).
Shell's (SHEL) CEO, Wael Sawan, faces the dilemma over whether the company should ramp up its oil production or say no to fossil fuels for attaining climate-related goals
Shell (SHEL) subsidiary gets the merger go-ahead from Volta stockholders at a special meeting in exchange for cash of 86 cents per share.
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