智通财经网·2025-05-05 08:40Group 1 - Shell (SHEL.US) is exploring the possibility of acquiring its competitor BP (BP.US), while monitoring the decline in oil prices and BP's stock price to assess the attractiveness of the deal [1] - Shell has consulted advisors regarding the strategic and financial feasibility of such a large merger in recent weeks [1] - BP's market value has decreased by nearly 30% over the past year, which Shell is closely watching before making any decisions [1][2] Group 2 - If the merger between Shell and BP occurs, it would be one of the largest mergers in the history of the oil industry [2] - Shell's current market value is approximately £149 billion, more than double BP's £56 billion market value [2] - BP's long-term underperformance is attributed to its former CEO's net-zero strategy, while the new CEO has announced a strategic shift to refocus on oil and reduce stock buybacks [2] Group 3 - Under CEO Wael Sawan, Shell is seeking to lower costs, cut underperforming renewable energy sectors, and reinvest in its core fossil fuel business [3] - Shell's stock performance has been stronger compared to U.S. peers like Chevron (CVX.US) and ExxonMobil (XOM.US), but its valuation still lags behind [3] - Shell's recent acquisition of Pavilion Energy reflects its targeted, value-driven approach, and a merger with BP could significantly enhance Shell's production capacity [3]