Shell PLC (SHEL) Earnings: Projected Growth with Integrated Gas Production Reaching 960,000 BOE/D

Shell PLC on Smartkarma

Analysts on Smartkarma have differing views on Shell PLC, with Suhas Reddy providing insights on both the bullish and bearish sides. In the report titled ‘[Earnings Review] Shell Surpasses Earnings Forecasts with Strong Upstream and Retail Gains‘, Reddy highlights that Shell saw a slight decrease in Q2 revenue but a significant rise in net profit. The company exceeded analyst expectations for revenue and EPS, also reducing its debt and announcing a USD 3.5 billion buyback for Q3. Despite an impairment from selling assets, Shell’s performance in certain sectors impressed.

On the contrary, in the report ‘[Earnings Preview] Bleeding Refining Margins & Lower Gas Prices to Eat into Shell’s Earnings‘, Reddy takes a bearish stance foreseeing challenges for Shell due to lower refining margins, gas prices, and production levels. Despite expected impairments, there is hope with higher chemical margins and marketing sales volumes. Overall, analysts are closely monitoring Shell’s financial movements and operational decisions to provide investors with valuable insights.

A look at Shell PLC Smart Scores

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 global player in the petroleum industry, has received varying Smart Scores across different key factors. With a strong emphasis on growth, scoring a 5 in this category, Shell is poised for long-term expansion and development in the market. This suggests a positive outlook for the company’s future prospects in terms of expanding its business operations and potentially increasing its market share.

While Shell scores moderately in value, dividend, and resilience, indicating stability in these areas, there may be room for improvement in terms of momentum according to its score of 2. Despite this, Shell’s overall outlook remains promising, with a solid foundation in place for sustainable growth and continued global service provision in petroleum fuels, chemicals, and lubricants.

### Shell PLC explores and refines petroleum products. The Company produces fuels, chemicals, and lubricants. Shell serves clients worldwide. ###

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