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Shell (SHEL) Stock Price, News & Analysis

$72.69
-0.56 (-0.76%)
(As of 07/8/2024 ET)
Today's Range
$72.62
$73.24
50-Day Range
$69.01
$74.20
52-Week Range
$59.51
$74.61
Volume
2.49 million shs
Average Volume
3.26 million shs
Market Capitalization
$231.14 billion
P/E Ratio
13.41
Dividend Yield
3.78%
Price Target
$83.33

Shell MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.80 Rating Score
Upside/​Downside
14.6% Upside
$83.33 Price Target
Short Interest
Healthy
0.19% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.12mentions of Shell in the last 14 days
Based on 17 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
2.46%
From $8.55 to $8.76 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.18 out of 5 stars

Oils/Energy Sector

123rd out of 230 stocks

Crude Petroleum & Natural Gas Industry

44th out of 74 stocks

SHEL stock logo

About Shell Stock (NYSE:SHEL)

Shell plc, formerly known as Royal Dutch Shell plc, is a UK-based multinational oil and gas company. It is a vertically integrated and diversified company operating in all aspects of the oil industry. It is counted among the “super-majors” and one of the world’s largest companies in terms of scope, revenue and earnings. It is listed on the London LSE, the Amsterdam Euronext and the New York Stock Exchange.

Royal Dutch Shell plc was founded in 1907 because of Standard Oil’s growth and growing global dominance. It is a merger of the Royal Dutch Petroleum Company (founded in 1890) and The “Shell” Transport Compay, founded in 1897. The Royal Dutch Petroleum Company was engaged in oil operations in southeast Asia while The “Shell” Transport Company was a family-owned import business focused initially on seashells.

The two operating segments of Royal Dutch Shell were not legally unified as a business for several reasons but acted as one company in all operations. The Royal Dutch Petroleum end of operations was responsible for the exploration and production of oil liquids and gasses while The “Shell” Transport Company was responsible for transport and storage.

The company purchased assets from the Rothschilds in 1912 boosted operations by more than double. This led to explosive growth but the WWI years were hard on the company. More than 15% of its global operations were destroyed and had to be rebuilt or replaced, an issue it will have to deal with more than once as it expands around the globe. By 1930, Royal Dutch Shell was the world's largest producer of petroleum products and chemicals, a standing it will maintain for many years.

The company was known as one of the 7 Sisters which dominated the oil market between 1940 to 1970 and in 1970 it helped to pioneer oceanic transport of liquified natural gas. It maintained its dual status with operations, headquarters and listing in both London and the Netherlands until 2005. In 2005 it unified and became a single entity with its headquarters in The Hague, the Netherlands. That status lasted until 2022 when it unified once again, this time its Class A and Class B shares, and moved its headquarters to London.

Today Shell plc operates as a diversified energy company with global operations. It operates through 4 key segments that are Integrated Gas, Upstream, Oil Products and Chemicals. The Gas and Upstream segments explore for and extract petroleum products while the Oil Products and Chemicals segments refine, store, transport and markets feedstocks, fuel products and petrochemicals. At the end of 2021, the company had just over 9 billion in proven reserves, a figure that had been in decline for 6 years.

SHEL Stock Price History

SHEL Stock News Headlines

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Didn't Buy Occidental Like Buffett? Look at These 3 Oil Stocks
Over the past few weeks, Warren Buffett has been buying shares of Occidental Petroleum Co. NYSE: OXY to bring his net stake up to 29%, which is not Buffett's usual behavior. When the Oracle of Omaha invests this heavily—and this quickly—in a stock, there must be a good enough reason to justify these quick and aggressive decisions.
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
Transaction in Own Shares
Transaction in Own Shares
The Only Energy Play You Should Be Looking At
Open AI’s Sam Altman recently helped this company raise $577 million in funding… What’s more is, It has already inked deals with the Department of Energy.
Shell second quarter 2024 update note
Transaction in Own Shares
The 3 Best Oil & Gas Stocks to Buy in July 2024
Transaction in Own Shares
Transaction in Own Shares
See More Headlines
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Company Calendar

Last Earnings
5/02/2024
Ex-Dividend for 6/24 Dividend
5/16/2024
Dividend Payable
6/24/2024
Today
7/08/2024
Next Earnings (Confirmed)
8/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Crude petroleum & natural gas
Sub-Industry
N/A
Employees
103,000
Year Founded
1907

Price Target and Rating

Average Stock Price Target
$83.33
High Stock Price Target
$90.00
Low Stock Price Target
$79.00
Potential Upside/Downside
+14.6%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.80
Research Coverage
5 Analysts

Profitability

Net Income
$19.36 billion
Pretax Margin
9.49%

Debt

Sales & Book Value

Annual Sales
$323.18 billion
Cash Flow
$18.13 per share
Book Value
$57.74 per share

Miscellaneous

Outstanding Shares
3,179,750,000
Free Float
3,147,955,000
Market Cap
$231.14 billion
Optionable
Optionable
Beta
0.59

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Key Executives

  • Mr. Wael Sawan (Age 50)
    CEO & Director
    Comp: $6.68M
  • Ms. Sinead Gorman (Age 47)
    CFO & Director
    Comp: $3.79M
  • Mr. Robin Mooldijk (Age 57)
    Director of Projects & Technology
  • Tjerk Huysinga
    Executive Vice President of Investor Relations
  • Ms. Philippa Bounds (Age 53)
    Legal Director
  • Ms. Rachel Solway (Age 50)
    Chief Human Resources & Corporate Officer
  • Mr. Graham van't Hoff (Age 62)
    Executive Vice President of Chemicals
  • Ms. Stephanie Boyde
    Executive VP of Remuneration & HR Operations
  • Mr. Huibert Vigeveno (Age 54)
    Downstream, Renewables & Energy Solutions Director
  • Mr. Steve Hill (Age 55)
    Executive Vice President of Shell Energy

Should I Buy Shell Stock? SHEL Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in Shell:

  • Shell plc operates as an energy and petrochemical company with a global presence in Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas.
  • Shell has diversified business segments including Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions, providing stability and growth opportunities.
  • Recent developments in the energy sector have shown increased demand for cleaner energy solutions, which Shell is actively pursuing through its Renewables and Energy Solutions segment.
  • Shell's stock price has shown resilience and potential for growth in recent periods, making it an attractive investment option.
  • Shell's focus on innovation and sustainability aligns with the growing ESG (Environmental, Social, and Governance) investing trend, attracting socially responsible investors.

Cons

Investors should be bearish about investing in Shell for these reasons:

  • Despite its global presence, Shell is exposed to geopolitical risks and regulatory challenges in various regions where it operates, impacting its operational efficiency and profitability.
  • The energy sector is highly competitive and volatile, with fluctuations in oil prices and market demand affecting Shell's financial performance.
  • Shell's traditional focus on fossil fuels may pose long-term risks as the world transitions towards renewable energy sources, potentially impacting the company's future growth prospects.
  • Investing in energy companies like Shell involves exposure to commodity price fluctuations, which can lead to revenue uncertainties and financial risks.
  • Market uncertainties and economic factors can influence Shell's stock performance, requiring investors to closely monitor industry trends and macroeconomic indicators.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, July 7, 2024. Please send any questions or comments about these Shell pros and cons to contact@marketbeat.com.

SHEL Stock Analysis - Frequently Asked Questions

How have SHEL shares performed this year?

Shell's stock was trading at $65.80 on January 1st, 2024. Since then, SHEL stock has increased by 10.5% and is now trading at $72.69.
View the best growth stocks for 2024 here
.

How were Shell's earnings last quarter?

Shell plc (NYSE:SHEL) issued its quarterly earnings results on Thursday, May, 2nd. The energy company reported $2.38 EPS for the quarter, topping the consensus estimate of $1.87 by $0.51. The energy company had revenue of $74.70 billion for the quarter, compared to the consensus estimate of $88.03 billion. Shell had a net margin of 5.83% and a trailing twelve-month return on equity of 13.83%.

Does Shell have any subsidiaries?

Shell subsidiaries include Actis Solenergi Limited, Sprng Energy, Powershop Australia, Savion LLC, MSTS Payments LLC, Inspire Energy Holdings LLC, Select Carbon, and more.

Who are Shell's major shareholders?

Shell's top institutional investors include Douglas Lane & Associates LLC (0.03%), Woodstock Corp, Neville Rodie & Shaw Inc. and Beach Investment Counsel Inc. PA.

How do I buy shares of Shell?

Shares of SHEL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SHEL) was last updated on 7/9/2024 by MarketBeat.com Staff

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