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Added to YB: 2024-09-03

Pitch date: 2024-06-30

SHEL [bullish]

Shell plc

+5.67%

current return

Author Info

No bio for this author

Company Info

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas.

Market Cap

GBP 209.1B

Pitch Price

GBP 68.45

Price Target

N/A

Dividend

3.94%

EV/EBITDA

4.51

P/E

15.01

EV/Sales

0.94

Sector

Oil, Gas and Consumable Fuels

Category

turnaround

Show full summary:
PGIM Jennison Natural Resources Fund Portfolio Holding: Shell plc

SHEL: Strong Q1 despite weak LNG prices. New mgmt executing 2-yr plan: cost cuts, asset review. Sold loss-making Singapore chem park, improved Pennsylvania ops. Robust buybacks continue. Attractive valuation & high cash returns despite solid stock performance.

Read full article (1 min)