25 stories mentioning SHELL.AS
Every FINWIRES story that references SHELL.AS, newest first.
Shell (SHEL.L, SHELL.AS) extended its partnership with German luxury carmaker BMW's (BMW.F) BMW M Motorsport to focus on research and development.The oil and gas giant said Monday the partners will explore sustainable fluid technologies for both motorsport and passenger vehicles.Shell added that it will continue to support the BMW division's GT3 racing activities.
Shell (SHEL.L, SHELL.AS) could reach a final agreement for the sale of its Sprng Energy unit to Aditya Birla Group in the coming weeks, Bloomberg News reported Monday, citing people familiar with the matter.The British oil and gas giant is asking $1.8 billion for the Indian renewable energy company, according to the sources, who added that talks are ongoing and terms may still change.Shell, Aditya Birla, and Sprng Energy did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Shell (SHEL.L, SHELL.AS) on Friday suspended its $3 billion share repurchase program following the publication of its acquisition target's shareholder circular and due to related securities law requirements applicable to the group.Launched in May, the program will be halted until July 14, the published date of Canadian energy company ARC Resources' shareholder meeting. Any repurchases not conducted during the suspension will be part of the remaining 2026 programs, subject to board approval.The British energy giant in April agreed to acquire ARC in a $16.4 billion deal.
Shell (SHEL.L, SHELL.AS) initiated exchange offers for six series of outstanding notes issued by Shell Finance US that are not registered under the US Securities Act of 1933.The tendered securities, which are fully guaranteed by the British energy giant, will be exchanged for new registered notes with "substantially identical" terms, according to a Monday filing. The offer will expire on July 8.The transaction covers the outstanding $920.7 million of 3.875% notes due 2028, $2.06 billion of 6.375% notes due 2038, $802.1 million of 5.500% notes due 2040, $691.2 million of 5.125% notes due 2041, $993.7 million of 3.125% notes due 2049, and $876.8 million of 3% notes due 2051.
AlphaValue/Baader Europe on Monday raised energy giant Shell (SHEL.L, SHELL.AS) to buy from add and lowered its price target to 42.20 pounds sterling from 42.46 pounds.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
AlphaValue/Baader Europe raised its earnings assumptions for Shell (SHEL.L, SHELL.AS), citing its full-year 2025 performance and commodity trends for 2026 to 2028.In a note published Wednesday, analysts increased their EPS estimates for the oil and gas giant by 28.3% to $4.28 for 2026 and by 22% to $4.51 for 2027."Our revised EPS estimates reflect the resilient FY25 delivery (Adjusted Earnings of $18.5bn, [free cash flow] of $26.1bn) and a stronger 2026-28 commodity setup, partly offset by softer Downstream margins and elevated cash [capital expenditure] of $20.9bn. Adjusted net profit holds around $20bn in 2026-27, before easing to $18.6bn in 2028 as Brent eases toward $75/[barrel]," analysts said.The research firm also updated its estimates for the company's diluted share count over 2026 to 2028, considering the 3.5 billion-euro buyback completed in the third quarter of 2025 and another equally sized program for completion in the first quarter of 2026.The stock is rated add, with a price target of 42.69 pounds sterling.
(Updates to add Shell's statement)Energy giant Shell (SHEL.L, SHELL.AS) UK operations Chair Parminder Kohli will reportedly be appointed as the chief executive of the UK government's Office for Investment.Sky News reported Wednesday, citing sources familiar with the matter, that Kohli's appointment is in the final stages. If approved, he will succeed outgoing Director General Ceri Smith to lead the agency tasked with driving growth, job creation, and increased productivity across the UK.Shell toldit was unable to provide a comment on the matter.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Shell (SHEL.L, SHELL.AS) unit BG International sold stakes in three exploration blocks offshore Uruguay to Qatar's state-owned oil and gas company QatarEnergy, according to a Wednesday release.QatarEnergy acquired an 18% interest in OFF-4 block, and 30% stakes each in OFF-2 and OFF-7 blocks from BG International. Shell will hold 32%, 70%, and 40% interests in the blocks, respectively.
Energy giant Shell (SHEL.L, SHELL.AS) UK operations Chair Parminder Kohli will reportedly be appointed as the chief executive of the UK government's Office for Investment.Sky News, citing sources familiar with the matter, reported Wednesday that Kohli's appointment is in the final stages. If approved, he will succeed outgoing Director General Ceri Smith to lead the agency tasked to drive growth, job creation, and increased productivity across the UK.Shell did not immediately respond to request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Shell (SHEL.L, SHELL.AS) shareholders approved a resolution for its new directors' remuneration policy at the company's annual general meeting held on Tuesday, according to a same-day release.Under the new policy, the energy giant will increase the maximum long-term share award for Chief Executive Officer Wael Sawan to 900% of salary from 600%, and also raise the bonus ceiling for Chief Financial Officer Sinead Gorman, according to a same-day Bloomberg News report.Separately, a special resolution proposed by climate activist investor group Follow This, which called on Shell to produce a report based on two specific International Energy Agency scenarios, received only 13.01% of shareholder support.
HSBC on Monday raised its rating on energy giant Shell (SHEL.L, SHELL.AS) to buy from a hold rating and increased its price target to 37.00 pounds sterling from 33.50 pounds.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)
Shell (SHEL.L, SHELL.AS) on Thursday said it has paid the governments of 26 countries where it has operations a total of $23.84 billion in 2025.Brazil is the biggest state beneficiary, receiving $4.25 billion from the oil and gas major. It was followed by Oman, Norway, Qatar, Malaysia, and Nigeria, which received the highest payment in 2024.
(Updates to add Shell's statement)Shell (SHEL.L, SHELL.AS) plans to sell its petrol stations in France, local financial newspaper Les Echos reported Monday, citing documents shared by the company with employees and suppliers.The sale of the London-listed energy giant's 60 stations, which are operated by other companies, could take place in 2027, according to the report.Shell declined to comment when reached by.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Shell (SHEL.L, SHELL.AS) plans to sell its petrol stations in France, local financial newspaper Les Echos reported Monday, citing documents shared by the company with employees and suppliers.The sale of the London-listed energy giant's 60 stations, which are operated by other companies, could take place in 2027, according to the report.Shell did not immediately respond to a request for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Berenberg made "minor" revisions to its earnings estimates for Shell (SHEL.L, SHELL.AS) and trimmed its price target for the energy giant, noting a decline in share buybacks to $3 billion in the first quarter from $3.5 billion in the previous three months.The price target was cut to 40 pounds sterling from 41 pounds for the group's London-listed shares and to 46 euros from 47 euros for the Amsterdam-listed ones. Adjusted EPS estimates were reduced by 0.5% for 2026 and lifted by 2.8% and 4% for 2027 and 2028, respectively, on higher expectations for chemicals and products earnings."The decision to trim the buyback may disappoint investors, with the company choosing to strengthen the balance sheet," analysts said Tuesday. "Given the extremely strong cash flow in Q1, this could create room for further resource acquisitions in the coming quarters. The stock has materially lagged peers over the past 12 months, due mainly, in our view, to lower growth opportunities. We believe that there is room for a catch-up if the company can make strong progress on capital reallocation plans this year. We remain at Buy."
Shell (SHEL.L, SHELL.AS) on Thursday announced a new share repurchase program as it reported a year-on-year increase in first-quarter results.The UK-headquartered oil and gas major launched a $3 billion share buyback for the next three months, following the recent completion of a previous $3.5 billion share repurchase. The group intends to complete the fresh buyback by the time it releases its second-quarter results.Additionally, Shell's board declared an interim dividend of $0.3906 per share for the quarter, up from $0.358 per share a year earlier.For the three months ended March 31, Shell's adjusted earnings amounted to $6.92 billion, up from the year-ago $5.58 billion, while income attributable to shareholders also rose to $5.69 billion from $4.78 billion. Growth was primarily attributed to increased contributions from trading and optimization, higher realized prices and refining margins, and reduced operating costs, partly offset by lower volumes.Cash flow from operating activities stood at $6.06 billion, compared with $9.28 billion a year earlier. Excluding working capital, cash flow from operations was $17.24 billion in the first quarter, up from $11.94 billion previously.For the second quarter, Shell forecasts integrated gas production to be between 580,000 barrels of oil equivalent per day and 640,000 boe/d. LNG liquefaction volumes are projected to be within the range of 6.8 million tonnes to 7.4 million tonnes. Meanwhile, upstream production is expected to come in within the 1.6 million boe/d to 1.8 million boe/d range and marketing sales volumes are anticipated to be between 2.5 million barrels per day and 2.7 million b/d.According to the company, the second-quarter outlook accounts for the impact of the Middle East conflict, including Qatar, and increased schedule of planned maintenance across its assets.Shell also highlighted its recent acquisition of Canada-based energy company ARC Resources, noting that the purchase is expected to add 370,000 barrels of oil equivalent per day, driving a 4% compound annual growth rate in production from 2025 through 2030.
Shell (SHEL.L, SHELL.AS) initiated a $3 billion share repurchase program to reduce its share capital, according to a Thursday filing.The energy giant will buy back up to 320 million shares by July 24, with the buyback to be completed before the publication of its second-quarter results.Shell appointed a single broker to make the repurchases on its behalf.
Shell (SHEL.L, SHELL.AS) said Thursday that its income and revenue for the first quarter increased year over year.Income attributable to shareholders for the three months ended March 31 was $5.69 billion, compared with $4.78 billion a year earlier. EPS moved to $1 from $0.79.The oil and gas giant's revenue was $69.69 billion, compared with $69.23 billion a year ago.Meanwhile, the board declared a first-quarter dividend of $0.3906 per share. It previously paid a dividend of $0.3580 per share.For the second quarter, Shell expects integrated gas production to be between 580,000 barrels of oil equivalent per day and 640,000 boe/d. LNG liquefaction volumes are expected to be in the range of 6.8 million tonnes to 7.4 million tonnes. Upstream production is expected to be 1.6 million boe/d to 1.8 million boe/d. Marketing sales volumes are expected to be 2.5 million b/d to 2.7 million b/d.
Shell (SHEL.L, SHELL.AS) unit Shell Offshore and Ineos Energy will jointly explore oil and gas opportunities in areas located within tieback distance to the Appomattox platform in the Gulf of Mexico, Reuters reported Tuesday.According to an Ineos statement cited by the news agency, the partnership will initially focus on three targets, including the British oil and gas giant's Fort Sumter discovery, Sisco exploration well, and another exploration well to be drilled by the end of 2030, with Ineos acquiring a 21% working interest in the assets. Financial details were not disclosed.Shell and Ineos did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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