Shell/$SHEL

1D1W1MYTD1Y5YMAX

About Shell

Shell is an integrated oil and gas company that explores for, produces, and refines oil around the world. In 2025, it produced 1.5 million barrels of liquids and 7.3 billion cubic feet of natural gas per day. At year-end 2025, reserves stood at 8.1 billion barrels of oil equivalent, 44% of which consisted of liquids. Its production and reserves are in Europe, Asia, Oceania, Africa, and North and South America. The company operates refineries with a capacity of 1.4 mmb/d located in the Americas, Asia, and Europe, and sells about 9 million tons per year of chemicals. Its largest chemical plants, often integrated with its local refineries, are in Northwestern Europe, China, and North America.
Ticker
$SHEL
Sector
Energy
Primary listing
NYSE
Employees
84,000

Shell Metrics

BasicAdvanced
$278B
21.42
$4.50
-0.22
$2.96
3.24%

What the Analysts think about Shell

Analyst ratings (Buy, Hold, Sell) for Shell stock.
Analyst projections of the future price of Shell stock.

Bulls say / Bears say

Shell’s integrated model showed strong earning power in the second quarter: adjusted earnings reached $9.8 billion, operating cash flow was $21.4 billion, and refinery utilisation hit a record 102%. Stronger LNG and oil trading, refining and chemicals margins helped offset lower Qatari volumes. (Reuters, Shell)
The balance sheet is improving while shareholder returns remain substantial: net debt fell to $41.8 billion and gearing to 18.7% in the second quarter, alongside $3 billion of new buybacks and a 5% dividend increase announced in May. This gives investors both deleveraging and direct cash returns. (Shell, Reuters)
Shell has a visible growth pipeline beyond current commodity prices: the ARC Resources acquisition is expected to lift production growth to about 4% a year through 2030, while Shell forecasts global LNG demand to rise sharply towards 2050. Its large LNG portfolio should let it benefit from that demand growth. (Shell, Reuters)
The second-quarter earnings surge was helped by higher energy prices and exceptional market volatility during the Middle East conflict. If prices and trading conditions normalise, Shell’s recent profit level may prove difficult to repeat. (Reuters)
The Qatar disruption has materially weakened the gas business: Shell’s integrated-gas production fell to 631,000 boe/d in the second quarter, and its third-quarter outlook excludes Qatar volumes. This creates a prolonged operational drag and leaves the company exposed to further geopolitical disruption. (Reuters, Shell)
Shell’s LNG growth thesis faces a possible supply overhang: its own outlook says a wave of new US and Qatari capacity could bring weaker prices, while around 180 million tonnes of new annual supply is expected by 2030. That could pressure LNG margins even if long-term demand grows. (Shell, Reuters)
Data summarised monthly by Lightyear AI. Last updated on 15 Sept 2026.

Shell Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

Shell Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing Shell

AllGBPEURUSD
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real-time US market data is sourced from the IEX order book provided by Polygon. After-hours US market data is 15 minutes delayed and may differ significantly from the actual tradable price at market open.