bearish

Shell PLC

[Earnings Preview] Bleeding Refining Margins & Lower Gas Prices to Eat into Shell’s Earnings

175 Views31 Jul 2024 15:01
Shell faces lower refining margins, production, and gas prices, plus a USD 1.5-2 billion impairment. However, higher chemical margins and marketing sales volumes will provide some relief.
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  • Q2 2024 Forecasted Performance
  • Q1 2024 Performance Review
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  • Conclusion
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