- Non-Cash Impairments: Shell expects post-tax impairments between $1.5 billion and $2 billion.
- Production Targets:
- Integrated Gas production is forecasted to be between 940,000 and 980,000 barrels of oil equivalent per day (boe/d).
- Upstream production is estimated at 1.72 million to 1.82 million boe/d.
- Operating Expenditures:
- Integrated Gas underlying operating expenses are expected to be in the range of $1.0 billion to $1.2 billion.
- Upstream underlying operating expenses are projected to be between $2.1 billion and $2.7 billion.
- Chemicals & Products underlying operating expenses are likely to fall between $1.9 billion and $2.3 billion.
- Impairments Details:
- Singapore Chemicals & Products assets may account for $0.6 billion to $0.8 billion in impairments.
- Rotterdam HEFA is expected to contribute $0.6 billion to $1.0 billion in impairments.
- Market Sentiment: Analyst recommendations include 17 buys, 7 holds, and no sells.
A look at Shell PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 3 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.6 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
Analysts at Smartkarma have assessed Shell PLC‘s long-term outlook based on their Smart Scores, highlighting impressive scores in Growth and Momentum. With a solid score of 5 in Growth, Shell is positioned well for future expansion and development within the industry. Coupled with a Momentum score of 4, indicating strong market performance, Shell PLC demonstrates potential for continued upward trajectory in the long run.
While Shell’s Value, Dividend, and Resilience scores are not as high as Growth and Momentum, they still indicate a stable foundation. A Value score of 3 suggests fair pricing, while a Dividend score of 3 hints at steady dividend payouts. In terms of Resilience, scoring at 3, Shell shows resilience in the face of market challenges. Overall, Shell PLC‘s diversified operations in producing fuels, chemicals, and lubricants, coupled with its global client base, position it well for sustainable growth in the long term.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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