Shell plc provided an updated outlook for Q2 2026, highlighting reduced Integrated Gas production due to the Middle East conflict affecting Qatari volumes. Despite this, refining margins are expected to improve to around $20 per barrel, with chemicals margins also rising significantly. The company anticipates stable marketing earnings and notes volatility in commodity prices impacting working capital. Final results will be published on July 30, 2026, with consensus estimates due July 22, 2026.
Shell plc is rated as a Buy due to its attractive valuation, low debt, and improving profits. The acquisition of ARC Resources adds significant production capacity, aiming for 4% annual growth through 2030 and generating $1.5 billion in yearly cash f...
Oil prices fell significantly, with Brent crude dropping 6.1% to $90.87 and US West Texas Intermediate down 5.5% to $84.37. This decline followed a pause in US attacks on Iran, raising hopes for diplomatic progress in the region. As a result, shares ...
Despite nearly six months of major global oil supply disruptions, oil prices remain surprisingly stable while equity markets have risen. However, data suggests a significant oil price spike could begin in August, which may cause stock markets to fall...
On July 23, 2026, Shell plc purchased 75,000 of its own shares for cancellation at an average price of £33.43 per share. This transaction is part of Shell's previously announced share buy-back program initiated on May 7, 2026, managed independently b...
On July 22, 2026, Shell plc purchased 75,000 of its own shares for cancellation at an average price of £33.04 per share on the London Stock Exchange. This transaction is part of Shell's previously announced share buy-back program initiated on May 7, ...
