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SHEL / Shell offers better shareholder returns than oil major peers - broker

Shell offers better shareholder returns than oil major peers - broker
Shell PLC (LSE:SHEL, NYSE:SHEL) has the strongest balance sheet of all the European integrated oil majors and warrants a ‘buy' recommendation, that's according to analysts at Berenberg, with a price target of £28.50 which sees 100p of upside from the current market price of around £27.50. “Shell released its second quarter update note on 4 July, pointing to a weaker quarter (as expected), which might be partially offset by working capital inflows,” Berenberg analyst Henry Tarr said in a note. Read More
Posted: Jul 19 2023, 10:32
Author Name: Proactive Investors
Views: 112170

SHEL News  

Safestyle is now a cash shell on AIM

By Proactive Investors
November 3, 2023

Safestyle is now a cash shell on AIM

Safestyle UK PLC (AIM:SFE) is now trading as a cash shell on the AIM market of the London Stock Exchange, according to a statement lodged on the bours more_horizontal

Shell exits US SouthCoast wind farm contract, agrees to pay penalty

By Reuters
November 2, 2023

Shell exits US SouthCoast wind farm contract, agrees to pay penalty

Shell's finance chief said on Thursday the firm had exited a power purchase agreement (PPA) for the planned SouthCoast windfarm off the coast of Massa more_horizontal

Shell launches $3.5 billion share buyback plan as buoyant oil prices bolster profits

By Market Watch
November 2, 2023

Shell launches $3.5 billion share buyback plan as buoyant oil prices bolster profits

Shares in Shell PLC jumped 2% on Thursday after the U.K. oil group said it would buy back another $3.5 billion worth of its own shares from shareholde more_horizontal

Shell Accelerates Pace of Share Buybacks as 3Q Profit Rises

By Bloomberg Markets and Finance
November 2, 2023

Shell Accelerates Pace of Share Buybacks as 3Q Profit Rises

Shell Plc announced total buybacks of $6.5 billion in the second half as third-quarter profit rose on a combination of higher energy prices, strong ga more_horizontal

Shell Posts Solid Earnings. It Sees a Rise In Oil Output.

By Barrons
November 2, 2023

Shell Posts Solid Earnings. It Sees a Rise In Oil Output.

The energy company reported earnings of $6.2 billion for the third quarter, up from $5.1 billion in the previous three months. It also said it would b more_horizontal

Shell hikes returns with another $3.5bn buyback despite fall in profits

By Proactive Investors
November 2, 2023

Shell hikes returns with another $3.5bn buyback despite fall in profits

Shell PLC (LSE:SHEL, NYSE:SHEL) stepped up its share buyback programme with an extra US$3.5 billion payout and unveiled another $2.2 billion in quarte more_horizontal

Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback

By CNBC
November 2, 2023

Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback

The oil giant announced a $3.5 billion share buyback to be carried out over the next three months. more_horizontal

Shell reports $6.2 bln third-quarter profit, increases buybacks

By Reuters
November 2, 2023

Shell reports $6.2 bln third-quarter profit, increases buybacks

Shell on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural more_horizontal


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