I analyze oil and gas companies like Shell and related companies in my service, Oil & Gas Value Research, where I look for undervalued names in the oil and gas space. I break down everything you need to know about these companies -- the balance sheet, competitive position and development prospects. This article is an example of what I do. But for Oil & Gas Value Research members, they get it first and they get analysis on some companies that is not published on the free site. Interested? Sign up here for a ...

Shell plc (SHEL) enters an accord to acquire RISEC Holdings, LLC, through its subsidiary Shell Energy North America (“SENA”). Per the agreement, SENA will acquire a 609-megawatt (MW) two-unit combined-cycle gas turbine power plant in Rhode Island, United States, which will help the company secure a long-term energy supply for Shell in the deregulated New England power market. SENA, already a recognized player in this market with an energy conversion agreement with RISEC since 2019, will further strengthen i ...

The Shell logo is displayed outside a petrol station in Radstock in Somerset, England, on Feb. 17, 2024. British oil giant Shell on Thursday posted stronger-than-expected third-quarter profit, partly owing to a sharp drop in crude prices and to lower refining margins. The energy company reported adjusted earnings of $6 billion for the July-September period, beating analyst expectations of $5.3 billion, according to estimates compiled by LSEG. Shell posted adjusted earnings of $6.3 billion in the second quar ...

SHELL PLC 2025 INTERIM DIVIDEND TIMETABLE London, October 31, 2024 The Board of Shell plc today announced the intended timetable for the 2025 quarterly interim dividends. 2025 Interim Dividend Timetable | --- | --- | --- | --- | --- | |--------------------------------------------------------|-------------------|------------------|--------------------|-------------------| | Event | 4th Quarter 2024 | 1st Quarter 2025 | 2nd Quarter 2025 | 3rd Quarter 2025 | | Announcement date | January 30, 2025 | May 2, 2025 ...

Shell plc Third Quarter 2024 Interim Dividend London, October 31, 2024 − The Board of Shell plc (the "Company") (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in respect of the third quarter of 2024 of US$ 0.344 per ordinary share. Details relating to the third quarter 2024 interim dividend Per ordinary share (GB00BP6MXD84) Q3 2024 Shell Shares (US$) 0.344 Shareholders will be able to elect to receive their dividends in US dollars, euros or pounds sterling. Absent any valid electi ...

London, October 31, 2024 "Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience of our balance sheet. Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12th consecutive quarter in which we have announced $3 billion or more in buybacks." Shell plc Chief Executive Officer, Wael Sawan   STRONG RESULTS, CONSISTENT DISTRIBUTIONS Q3 2024 Adjusted Earnings1 of $6.0 billion, despit ...

Shell plc (SHEL) is set to release third-quarter results on Oct. 31. The current Zacks Consensus Estimate for the to-be-reported quarter is earnings of $1.72 per share on revenues of $84.6 billion.Find the latest EPS estimates and surprises on Zacks Earnings Calendar.Let’s delve into the factors that might have influenced the integrated energy behemoth’s results in the September quarter. But it’s worth taking a look at SHEL’s previous-quarter performance first.Highlights of Q2 Earnings & Surprise HistoryIn ...

Shell (NYSE: SHEL ) reports earnings 10/31/2024 in the pre-market. I think this is going to be a beat on earnings. Most likely a beat on revenue as well. I have more confidence that earnings will be beatBram de Haas brings 15 years of investing experience to the table and has over 5 years of experience managing a Euro hedge fund. He is also a former professional poker player and utilizes his bundle of risk management skills to uncover lucrative investments based on special situations.Analyst’s Disclosure: I ...

Core Viewpoint - Shell plc's divestment deal to sell its onshore Nigerian subsidiary for $1.3 billion has encountered regulatory challenges, as the future buyer lacks the necessary qualifications to manage the assets [1][2]. Group 1: Overview of SHEL's Divestment Deal - In January 2024, Shell announced a divestment strategy to sell 15 oil mining leases and three shallow-water operations held via its Nigerian subsidiary, SPDC, to refocus on more profitable ventures like deep-water offshore fields [2]. - The completion of the deal was contingent upon regulatory approvals and other conditions, which were recently rejected due to the Renaissance Group's inability to manage the assets [2]. - The sale agreement stipulated a change of ownership while retaining operating capabilities with SPDC, which would continue to support the management of SPDC JV facilities for feed gas supply [2]. Group 2: Future Projections for Shell - Following the rejection of the divestment plan, Shell faces uncertainty regarding its onshore assets in Nigeria but is actively engaging with regulatory authorities to provide necessary information for the sale process [3]. Group 3: SHEL's Zacks Rank and Key Picks - Shell is classified as a primary oil super major with a Zacks Rank of 3 (Hold) and remains a significant investor in Nigeria despite the divestment of its onshore business [4]. - Investors may consider better-ranked stocks in the energy sector, such as PEDEVCO Corp. (Zacks Rank 1), Nine Energy Service, Inc. (Zacks Rank 2), and MPLX LP (Zacks Rank 2) [4]. - PEDEVCO Corp. has seen a 33.33% improvement in the Zacks Consensus Estimate for its 2024 earnings over the past 60 days [4]. - Nine Energy Service, Inc. has an expected EPS growth rate of 23.08% for the current quarter, outperforming the industry's growth rate of 6.14% [5]. - MPLX LP's expected EPS growth rate for three to five years is 8.50%, also exceeding the industry's growth rate of 5.80% [5].

Group 1 - Petrobras S.A. has signed three concession agreements with Shell and CNOOC for blocks in the Pelotas Basin offshore southern Brazil, awarded during the fourth cycle of the permanent concession offer by ANP in December 2023 [1] - In total, Petrobras was awarded 29 blocks in the Pelotas Basin, with 26 contracts in partnership with Shell, where Petrobras holds a 70% stake as the operator [2] - For the remaining contracts, Petrobras formed a consortium with Shell and CNOOC, holding a 50% stake as the operator, while Shell and CNOOC hold 30% and 20% stakes, respectively [3] Group 2 - Petrobras has a $102 billion spending plan as part of its 2024-2028 strategy, focusing on significant investments in oil and gas, including the newly acquired contracts [4] - The company aims to diversify its portfolio and strengthen its position in deep-water oil fields, with a focus on energy transition and plans to establish 14 new floating production storage and offloading vessels over the next five years [5] Group 3 - Petrobras is the largest integrated energy firm in Brazil and one of the largest in Latin America, currently holding a Zacks Rank 4 (Sell) [6] - The company is involved in multiple projects in countries like Colombia and South Africa as part of its diversification strategy [6]