- Shell anticipates its 1Q gas trading results to be ‘significantly lower’ than the 4Q results.
- The forecasted Integrated Gas production ranges from 960,000 to 1.00 million barrels of oil equivalent per day (boe/d).
- Upstream production is expected to be between 1.82 million to 1.92 million boe/d.
- Integrated Gas underlying operating expenditure (opex) is projected to be from $1.0 billion to $1.2 billion.
- Upstream underlying opex is forecasted to be $2.3 billion to $2.8 billion.
- Chemicals & Products underlying opex is estimated to be between $2.5 billion to $2.9 billion.
- Despite being strong, 1Q integrated gas trading results are expected to be significantly lower than an exceptional 4Q.
- Chemicals & Products trading is predicted to be ‘significantly higher’ than 4Q.
- Shell’s current stock recommendation includes 14 buys, 8 holds, and 0 sells.
A look at Shell PLC Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 3 | |
| Dividend | 4 | |
| Growth | 5 | |
| Resilience | 3 | |
| Momentum | 4 | |
| OVERALL SMART SCORE | 3.8 |
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
Shell PLC, a multinational energy company, has a positive long-term outlook according to Smartkarma Smart Scores. The company has received a score of 5 for growth, indicating a strong potential for future expansion and profitability. This is supported by Shell’s diverse portfolio of products, including fuels, chemicals, and lubricants, which allows the company to serve clients all around the world.
In addition, Shell has also scored well in dividend and momentum, with scores of 4 and 3 respectively. This suggests that the company is financially stable and has a good track record of delivering returns to its shareholders. However, Shell’s value and resilience scores are slightly lower at 3, indicating room for improvement in these areas.
Overall, Shell PLC‘s Smartkarma Smart Scores paint a promising picture for the company’s long-term prospects. With a strong focus on growth and solid performance in other key areas, Shell is well-positioned to continue serving its global clientele and delivering returns to its shareholders.
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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