Shell's robust in-house trading operation has delivered a flawless record over the past decade, with not a single quarter reporting a loss, according to CEO Wael Sawan. The London-based energy giant, ...
RBC Capital Markets has downgraded Shell PLC to 'Sector Perform' from 'Outperform', citing mounting concerns over the energy ...
At an event hosted in London by Shell Western Supply and Trading, to celebrate Petralon Energy's achievement of first oil at the Dawes Island Field, its Chief Executive Officer, Rodrigo Teixeira de ...
Shell warned that a weak oil-trading performance would weigh on its earnings, compounding what is shaping up to be a challenging period as prices continue to slide. The London-based energy company ...
Analysts expect Shell to report adjusted earnings of $1.23 per share on revenue of $62.87 billion for the quarter ended ...
LONDON, Feb 23 (Reuters) - Nearly a third of Shell's SHEL.L profit in the fourth quarter of 2023 came from the $2.4 billion it made in trading liquefied natural gas (LNG) as it captured strong demand ...
Shell (NYSE:SHEL) -3.5% to its lowest in nearly a month after saying it expects Q2 earnings will be dragged down by "significantly lower" trading in its core integrated gas trading division compared ...
Shell stock is currently showing a strongly bearish trend, as its share price of $64.68 is trading below the key five, 20 and 50-day exponential moving averages, signaling ongoing selling pressure.
Shell's earnings topped market views thanks to its gas and upstream divisions, partly offsetting low oil prices and weak refining margins that have hit energy majors' results over the third quarter.
A former employee’s lawsuit against oil giant Shell PLC (NYSE:SHEL) has reportedly peeled back the curtain on the financial intricacies of its expansive oil and gas trading enterprise. The lawsuit ...
Shell Plc said earnings from gas trading would be significantly higher in the fourth quarter, but profits from buying and selling oil products and chemicals will be lower. The London-based major said ...
Shell Plc said its oil trading performance worsened in the fourth quarter as crude prices slumped, adding to signs that Big Oil is heading into a tougher earnings season. Oil trading results for the ...