STOCK TITAN
  1. Home
  2. News
  3. SHEL

Shell plc American Depositary Shares (Each represents two Ordinary shares) - SHEL STOCK NEWS

Welcome to our dedicated page for Shell plc American Depositary Shares (Each represents two Ordinary shares) news (Ticker: SHEL), a resource for investors and traders seeking the latest updates and insights on Shell plc American Depositary Shares (Each represents two Ordinary shares) stock.

Shell plc (NYSE: SHEL) is a British multinational oil and gas company headquartered in London, England. As an integrated oil and gas company, Shell engages in the exploration, production, refining, and marketing of oil and natural gas. The company’s operations span across Europe, Asia, Oceania, Africa, and the Americas.

Shell produced an average of 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day in 2023. At the end of 2023, Shell’s reserves stood at 9.6 billion barrels of oil equivalent, with 49% consisting of liquids. The company operates refineries with a combined capacity of 1.6 million barrels per day and sells approximately 12 million tons of chemicals annually. Shell’s largest chemical plants are situated in Central Europe, China, Singapore, and North America.

In recent developments, Shell has released its 2023 report on payments to governments, complying with UK and EU regulations, and submitted this report to the National Storage Mechanism and the US SEC. The company is scheduled to publish its Q1 2024 financial results on May 2, 2024, with a strong outlook presented for its various segments including Integrated Gas, Upstream, Marketing, Chemicals & Products, and Renewables & Energy Solutions.

Shell remains committed to its energy transition strategy, aiming for net-zero emissions by 2050. The company’s operating plans and budgets are updated annually to reflect the current economic environment and include targets for Scope 1, Scope 2, and Net Carbon Intensity.

The company has also announced an interim dividend for Q1 2024, payable in multiple currencies. Shareholders can participate in Dividend Reinvestment Programs to reinvest their dividends into Shell shares.

News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of own shares for cancellation as part of its share buy-back program. The company bought a total of 1,680,598 shares across different trading venues on 22nd February 2024. Citigroup Global Markets Limited will manage the trading decisions independently until 26th April 2024. The buy-back program is conducted in compliance with EU and UK regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.39%
Tags
none
-
News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of 1,200,000 shares on 20th February 2024 for cancellation as part of its share buy-back program. The purchases were made on various trading venues at different prices, with Citigroup Global Markets Limited overseeing the trading decisions until 26th April 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
-
News

Director/PDMR Shareholding

Rhea-AI Summary
Shell plc's PDMR, Jane Holl Lute, participates in a Dividend Reinvestment Scheme, purchasing a total of 262 ADS shares worth $15,241.48 over several transactions. Mrs. Lute removed her shareholding from the Scheme to avoid the need for future notifications of small trades.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.08%
Tags
none
News

TechnipFMC Awarded Substantial iEPCI™ Contract for Sparta Project

Rhea-AI Summary
TechnipFMC (FTI) secures a significant contract with Shell for the first 20K psi subsea production systems project in the Gulf of Mexico. The project aims to enhance project economics and marks a milestone in high-pressure technology development.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.15%
Tags
none
-
News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of 1,470,000 shares at £24.5047 on LSE, 500,000 shares at £24.4905 on BATS, and more as part of its share buy-back program. Citigroup Global Markets Limited will handle trading decisions independently until 26 April 2024. The program complies with EU and UK regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
Tags
none
-
News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announces the purchase of shares for cancellation as part of its share buy-back program. The company bought 350,000 shares on the London Stock Exchange (LSE) at prices ranging from £24.7700 to £25.1700 per share. Additionally, 300,000 shares were purchased on XAMS at prices between €29.4800 and €29.9200 per share. The buy-back program is managed by Citigroup Global Markets Limited and will run until 26 April 2024, following specific guidelines and regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.14%
Tags
none
News

Transaction in Own Shares

Rhea-AI Summary
Shell plc announced the purchase of own shares for cancellation as part of its share buy-back program. The company bought 850,000 shares on the London Stock Exchange at prices ranging from £24.79 to £25.08 per share and 810,000 shares on XAMS at prices ranging from €29.40 to €29.72 per share. The buy-back program is managed by Citigroup Global Markets Limited and will run until 26 April 2024, in compliance with relevant regulations.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
-
News

Publication of a supplementary prospectus

Rhea-AI Summary
Shell International Finance B.V. and Shell plc have published a Prospectus Supplement and unaudited consolidated interim financial report for the twelve-month period ended December 31, 2023. The documents are available for viewing and must be read in conjunction with the Information Memorandum dated November 8, 2023, relating to the Programme. The Information Memorandum serves as a base prospectus according to Regulation (EU) 2017/1129. Full information on Shell International Finance B.V. and Shell plc can be accessed through the Information Memorandum and the Documents.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
-
News

Transaction in Own Shares

Rhea-AI Summary
Shell plc has announced the purchase of 1,030,000 shares for cancellation, with the highest price paid being £24.9550 and the lowest price paid being £24.6050. The company's existing share buy-back program, managed by Citigroup Global Markets Limited, will continue until 26 April 2024, in accordance with the Listing Rules and Market Abuse Regulation 596/2014/EU. The breakdown of individual trades made by Citigroup Global Markets Limited is also provided in the announcement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
News

Director/PDMR Shareholding

Rhea-AI Summary
Shell plc has announced that several Persons Discharging Managerial Responsibilities have been awarded performance shares under the Long Term Incentive Plan. The awards are subject to performance conditions and Remuneration Committee discretion. The awards were made in GBP and EUR, with the total value exceeding millions of pounds. The notification is made in accordance with Article 19 of the EU Market Abuse Regulation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.06%
Tags
none

FAQ

What is the current stock price of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL)?

The current stock price of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL) is $66.03 as of November 22, 2024.

What is the market cap of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL)?

The market cap of Shell plc American Depositary Shares (Each represents two Ordinary shares) (SHEL) is approximately 201.8B.

What does Shell plc do?

Shell plc is a British multinational oil and gas company involved in the exploration, production, refining, and marketing of oil and natural gas.

Where is Shell plc headquartered?

Shell plc is headquartered in London, England.

What are Shell's recent achievements?

In 2023, Shell produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day, with reserves of 9.6 billion barrels of oil equivalent.

What is Shell's net-zero emissions target?

Shell aims to achieve net-zero emissions by 2050, with annual updates to their operating plans and budgets reflecting this goal.

How does Shell report its payments to governments?

Shell complies with UK and EU regulations and submits its payment reports to the National Storage Mechanism and the US SEC.

When will Shell's Q1 2024 financial results be published?

Shell's Q1 2024 financial results are scheduled to be published on May 2, 2024.

What is the capacity of Shell's refineries?

Shell operates refineries with a combined capacity of 1.6 million barrels per day.

Where are Shell's largest chemical plants located?

Shell's largest chemical plants are located in Central Europe, China, Singapore, and North America.

Does Shell offer a Dividend Reinvestment Program?

Yes, Shell offers Dividend Reinvestment Programs that allow shareholders to reinvest their dividends into Shell shares.

What are Shell's main business segments?

Shell's main business segments include Integrated Gas, Upstream, Marketing, Chemicals & Products, and Renewables & Energy Solutions.

Stock SHEL logo
Shell plc American Depositary Shares (Each represents two Ordinary shares)

NYSE:SHEL

SHEL Rankings

#54 Ranked by Market Cap
#690 Ranked by Dividends

SHEL Stock Data

201.77B
3.07B
0.01%
12.07%
0.14%
Oil & Gas Integrated
Energy
Link
United States of America
London