Added to YB: 2026-04-14
Pitch date: 2026-04-10
SHEL [neutral]
Shell plc
-0.37%
current return
Author Info
No bio for this author
Company Info
Shell plc operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas.
Market Cap
GBP 259.3B
Pitch Price
GBP 34.84
Price Target
N/A
Dividend
3.23%
EV/EBITDA
5.57
P/E
15.36
EV/Sales
1.15
Sector
Oil, Gas and Consumable Fuels
Category
N/A
Theodosian Capital | Stocks Update 10/4/2026 - SHEL – Q1 update note
SHEL (earnings): Q1 update signals strong quarter ahead of May 7 results. Integrated Gas production 900kboepd (-5% QoQ) on Qatar conflict impact; LNG flat at 7.8MT as Canada ramp offsets Australia/Qatar issues. Upstream 1.81kboepd (-4% QoQ) post-Adura JV. Marketing earnings 'significantly higher' YoY; refining margin $17/bbl vs $14 Q4; trading/optimization up sharply. $3-4bn non-cash net debt headwind from shipping leases expected to reverse. Trades 11.0x FY27 EPS, 3.4% yield.
Read full article (1 min)