- Shell forecasts integrated gas production between 900,000 to 940,000 barrels of oil equivalent per day (boe/d) in the second quarter.
- Upstream production is expected to be in the range of 1.66 million to 1.76 million boe/d.
- The underlying operating expenses for Integrated Gas are projected to be $1.0 billion to $1.2 billion.
- Upstream operating expenses are anticipated to range from $1.9 billion to $2.5 billion.
- Chemicals and Products operational expenses are estimated to be between $1.7 billion and $2.1 billion.
- Second quarter gas trading is expected to be significantly lower than the first quarter.
- Marketing adjusted earnings for the second quarter are projected to be higher compared to the first quarter.
- Chemicals trading and optimisation activities are predicted to be significantly lower in the second quarter.
- Earnings for the Chemicals segment are expected to be below break-even in the second quarter.
- Analyst recommendations on Shell stocks include 20 buys, 6 holds, and 1 sell.
Shell PLC on Smartkarma
Analyst Coverage of Shell PLC on Smartkarma
Analysts on Smartkarma, such as The IDEA!, have been closely monitoring Shell PLC with a positive sentiment. In one report titled “What’s New(s) in Amsterdam – 30 June“, The IDEA! highlighted that Labour is prepared to approve a potential takeover of BP by Shell. Another report on “What’s News in Amsterdam – 5 May” hinted at Shell’s CEO preferring a buyback strategy over exploring a takeover of BP, amidst rumours. The analyst coverage provides valuable insights into Shell’s strategic decisions and market perceptions.
The independent analyst reports on Smartkarma delve into various aspects of Shell PLC, including potential acquisitions, partnerships, and corporate agendas. Reports such as “What’s New(s) in Amsterdam – 26 June” and “What’s News in Amsterdam – 12 May” discuss Shell’s responses to media reports and strategic considerations. These analyses by top independent analysts contribute to a comprehensive understanding of Shell PLC‘s position in the market and potential future developments.
A look at Shell PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 4 | |
| Growth | 3 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.4 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Shell PLC, a global player in the petroleum industry, boasts solid scores across key factors according to Smartkarma Smart Scores. With high scores in both Value and Dividend, Shell is seen as a financially robust company offering good returns for investors. Although Growth, Resilience, and Momentum scores are slightly lower, indicating moderate performance in these areas, the overall outlook for Shell PLC appears positive for the long term.
As an esteemed player in the global market, Shell PLC explores and refines petroleum products, producing fuels, chemicals, and lubricants to serve clients worldwide. With strong Value and Dividend scores, Shell presents itself as a company with stability and financial strength, making it an appealing choice for investors seeking reliable returns over the long run despite average scores in Growth, Resilience, and Momentum.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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