Shell's Financial Impact and Stock Performance
Wolfe Research downgrades Shell (NYSE:SHEL) from "Outperform" to "Peer Perform".Shell faces a $600 million financial impact due to the cancellation of its biofuels project.The company reports increased liquefied natural gas production and improved trading results.Shell (NYSE:SHEL) is a global energy company involved in the exploration, production, refining, and marketing of oil and natural gas. It also invests in renewable energy sources. Recently, Wolfe Research downgraded Shell from an "Outperform" to a " ...