Core Insights - Shell is recognized as a global energy giant with a highly integrated business model that spans exploration, production, processing, logistics, and marketing of hydrocarbons [1] Company Overview - Shell operates across multiple continents and has developed a complex business model that includes various aspects of the energy sector [1] Professional Background - The article highlights the author's extensive experience in private banking, corporate finance, and strategic advisory, particularly in the Middle East and emerging markets [1] Investment Approach - The focus is on providing well-researched insights into various industries and asset classes, including high-growth technology equities and undervalued blue-chip stocks [1]

Shell (SHEL) closed at $73.03 in the latest trading session, marking a +1.39% move from the prior day. This change outpaced the S&P 500's 1.12% loss on the day. Elsewhere, the Dow lost 0.31%, while the tech-heavy Nasdaq lost 2.04%.The oil and gas company's stock has climbed by 7.67% in the past month, exceeding the Oils-Energy sector's gain of 3.39% and the S&P 500's loss of 2.91%.Market participants will be closely following the financial results of Shell in its upcoming release. The company's earnings per ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington D.C. 20549 Form 6-K REPORT OF FOREIGN PRIVATE ISSUER PURSUANT TO RULE 13a-16 OR 15d-16 UNDER THE SECURITIES EXCHANGE ACT OF 1934 For the month of March 2025 Commission File Number: 1-32575 Shell plc (Exact name of registrant as specified in its charter) England and Wales (Jurisdiction of incorporation or organization) Shell Centre London, SE1 7NA United Kingdom (Address of principal executive office) Date: March 25, 2025 Shell plc Annual Report and ...

Corporate Structure and Governance - Shell plc reported outstanding shares of 6,084,228,376 ordinary shares with a nominal value of €0.07 each as of December 31, 2024[7]. - The company is classified as a large accelerated filer under the Securities Exchange Act[9]. - Shell plc has filed all required reports under Section 13 or 15(d) of the Securities Exchange Act during the preceding 12 months[8]. - The company has submitted electronically every Interactive Data File required during the preceding 12 months[8]. - Shell plc is not classified as a shell company under the Exchange Act[9]. - Sean Ashley serves as the Company Secretary for Shell plc[3]. - The board emphasized the importance of governance and risk management in navigating market uncertainties and regulatory changes[11]. Financial Performance - The company reported a significant increase in operating revenues, reaching $257 billion, reflecting a robust growth compared to the previous year[11]. - Liquidity and capital resources were strong, with cash and cash equivalents amounting to $267 billion, ensuring financial stability[12]. - Shell reported adjusted earnings of $23.7 billion for the period, a decrease from $28.3 billion in 2023[59]. - Cash flow from operating activities was $54.7 billion, slightly up from $54.2 billion in 2023[59]. - Total shareholder distributions reached $23 billion, comprising $9 billion in cash dividends and $14 billion in share buybacks, representing 41% of cash flow from operating activities of $55 billion[113]. - The annual dividend was $1.390 per share, with the quarterly dividend increasing to $0.358 per share for the fourth quarter[114]. - Shareholder returns remain a priority, with a commitment to maintaining or increasing dividends, reflecting confidence in future performance[11]. - The company reported a 37% increase in shareholder value, demonstrating effective management and strategic initiatives[12]. Strategic Focus and Growth - The company is focusing on expanding its integrated gas segment, which contributed $48 billion to the overall revenue, indicating a strategic shift towards cleaner energy sources[11]. - Future guidance indicates an expected revenue growth of 5-7% annually, driven by market expansion and new product launches[11]. - The company is actively pursuing acquisitions to enhance its market position, particularly in the renewable energy sector[12]. - Shell aims to sustain liquids production of at least 1.4 million barrels per day through to 2030 with increasingly lower carbon intensity[100]. - The company is committed to becoming a net-zero emissions energy business by 2050, with climate targets approved by 78% of shareholders at the Annual General Meeting[94]. - The company is transforming its business to include more low-carbon products and services, advocating for policies that generate demand for investment in a low-carbon energy system[108]. Environmental and Sustainability Goals - The company aims to achieve a 20% reduction in greenhouse gas emissions by 2025, aligning with its sustainability goals[12]. - Shell's net carbon intensity includes emissions from production, supply, and customer use of energy products, highlighting the company's commitment to sustainability[25]. - The company achieved a 9% reduction in net carbon intensity of energy products sold compared to 2016, moving closer to the 15-20% reduction target by 2030[72]. - Shell abated over 1 million tonnes of CO₂ through various projects, maintaining Scope 1 and 2 emissions roughly flat compared to 2023[71]. - The company aims to achieve net-zero emissions by 2050 and reduce Scope 1 and 2 absolute emissions by 50% by 2030 compared to 2016 levels[117]. - The Northern Lights joint venture in Norway is set to offer commercial carbon transport and storage as a service, with first CO₂ shipments expected in 2025[52]. Risks and Challenges - The report includes forward-looking statements regarding Shell's financial condition and results, which are subject to various risks and uncertainties[29]. - The company acknowledges potential market risks, including price fluctuations in crude oil and natural gas, which could impact future operations[29]. - The report outlines the significance of environmental and regulatory risks, including climate change, which could affect Shell's business operations[29]. - The company faces significant risks from geopolitical instability, including the ongoing Russia-Ukraine war, which could impact market conditions and operations[159]. - The company is subject to financial risks, including liquidity risk and credit risk, which could impact operations if access to debt markets becomes challenging[166]. - The company has faced litigation related to climate change, which could have material adverse effects on its reputation and financial condition[163]. - The company faces ongoing societal pressures regarding its environmental impact and governance, which could harm its reputation and ability to operate effectively[199][200]. Operational Highlights - Shell's Whale deep-water platform is expected to reach peak production of approximately 100,000 barrels of oil equivalent per day[44]. - The Prelude floating LNG facility achieved record production in 2024, contributing to Shell's operational performance[68]. - The company announced a final investment decision for the Bonga North project, expected to start production by the end of the decade with a peak output of 110,000 barrels of oil equivalent per day[68]. - Total oil and gas production available for sale in 2024 is 1,038 million boe, a slight increase of 1.9% from 1,019 million boe in 2023[144]. - Proved developed and undeveloped oil and gas reserves as of December 31, 2024, total 9,620 million boe, down 1.7% from 9,787 million boe in 2023[145]. - The joint venture with Equinor ASA will contribute 157 million boe of Shell's proved reserves, with Shell reporting 50% of the new joint venture's reserves[148]. Financial Management and Investments - The company has a range of guaranteed notes with varying interest rates and due dates, including 3.25% Guaranteed Notes due 2025 and 4.375% Guaranteed Notes due 2045[6]. - Cash capital expenditure was $21 billion, while total debt was reduced to $77 billion and net debt was $39 billion as of December 31, 2024[113]. - Structural cost reductions amounted to $3.1 billion from a 2022 baseline, against a target of $2-3 billion by the end of 2025[113]. - Cash capital expenditure is lowered to $20-22 billion per year for 2025-2028, down from $21 billion in 2024[132]. - The company intends to maintain a strong investment grade rating while achieving a ≥10% return on average capital employed across all segments[131]. Human Resources and Diversity - The representation of women in Senior Leadership grew to 33% in 2024, with a goal to increase it to 40% by 2030[123].

Shell plc (SHEL) is set to announce its strategy update on March 25 at the Capital Markets Day in New York about its focus on liquefied natural gas (LNG). This move will be followed by the company’s two-year efforts to streamline operations, cut costs and optimize its portfolio by divesting underperforming units. SHEL announced this move after its rival company, BP p.l.c. (BP) , successfully announced a “strategy reset” a month before. Analysts and investors are looking forward to the company’s growth plans ...

A view shows a board with the logo of Shell at the company's fuel station in Saint Petersburg, Russia May 6, 2022.British oil major Shell on Tuesday announced plans to increase shareholder distributions, prioritize share buybacks and reduce capital spending in a bid to "deliver more value with less emissions."In an announcement ahead of its Capital Markets Day 2025 event, the company said it would bolster shareholder distributions to 40-50% of cash flow from operations, up from a 30-40% range previously. It ...

Core Viewpoint - Shell is committed to enhancing value creation and maintaining a focus on performance, discipline, and simplification as it presents its strategy at Capital Markets Day 2025 [1][2]. Financial Targets and Strategy - Shell has made significant progress on targets set during the 2023 Capital Markets Day, aiming to become the leading integrated gas and LNG business while sustaining a material level of liquids production [2]. - The company is increasing shareholder distributions from 30-40% to 40-50% of cash flow from operations, prioritizing share buybacks while maintaining a 4% annual progressive dividend policy [5]. - The structural cost reduction target has been raised from $2-3 billion by the end of 2025 to a cumulative $5-7 billion by the end of 2028 [5]. - Shell plans to invest for growth while maintaining capital discipline, with annual spending lowered to $20-22 billion for 2025-2028 [5]. - The company aims to grow free cash flow per share by more than 10% annually through to 2030 [5]. Emission and Production Goals - Shell is committed to maintaining its climate targets as outlined in its Energy Transition Strategy 2024 [5]. - The company plans to reinforce its leadership in liquefied natural gas (LNG) by growing sales by 4-5% per year through to 2030 [5]. - Shell aims to grow top line production across its Upstream and Integrated Gas business by 1% per year to 2030, sustaining its 1.4 million barrels per day of liquids production with lower carbon intensity [5]. Business Growth and Portfolio Management - The company will pursue focused growth in high-return Mobility and Lubricants businesses while leveraging competitive strengths to drive profitable and scalable businesses across lower carbon platforms [5]. - Shell intends to unlock more value from its Chemicals assets by exploring strategic partnerships in the US and optimizing operations in Europe to improve returns and reduce capital employed by 2030 [5].

Shell plc’s (SHEL) subsidiary, Shell Brasil Petróleo Ltda. (Shell Brasil), has taken an important step in the development of Brazil's energy resources by approving the Final Investment Decision (“FID”) for the Gato do Mato project. This deep-water venture, located in the pre-salt layer of the Santos Basin off the coast of Brazil, represents a breakthrough for both SHEL and the global energy market. The project is poised to significantly contribute to Brazil’s oil and gas industry, strengthening SHEL’s posit ...

Shell plc (SHEL) , a London-based integrated oil and gas company, is advancing its plans to commence natural gas production at Venezuela’s Dragon gas field in 2026, a year ahead of the previously projected 2027 launch. This ambitious timeline highlights SHEL’s commitment to securing gas supplies to boost liquefied natural gas (“LNG”) production in Trinidad and Tobago. According to sources familiar with the project, survey work is set to begin next month, with drilling operations slated to include three well ...

RIO DE JANEIRO, March 21, 2025 /PRNewswire/ -- Shell Brasil Petróleo Ltda. (Shell Brasil), a subsidiary of Shell plc, has taken the Final Investment Decision (FID) for Gato do Mato, a deep-water project in the pre-salt area of the Santos Basin, offshore Brazil.    Shell invests in the Gato do Mato project in Brazil’s pre-salt. The Gato do Mato Consortium includes Shell (operator with a 50% stake), Ecopetrol (30%), TotalEnergies (20%) and Pré-Sal Petróleo S.A. (PPSA) acting as the manager of the product ...