SHEL Stock Recent News

Former NBCUniversal CEO Jeff Shell is primed to take over as president of Paramount Global after its merger with Skydance Media is complete. Shell developed a reputation at NBCUniversal for having big ideas and what one former coworker described as a "shoot first and aim later" mentality.

Shell on Thursday lost a bid to have U.S. regulators allow it to view nonpublic commissioning documents related to Venture Global LNG's Calcasieu Pass facility, a setback in a broader dispute over access to cargoes from the plant.

Transaction in Own Shares 10 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 10 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 10/10/2024 747,770 £26.1100 £25.7850 £25.9393 LSE GBP 10/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 10/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 10/10/2024 765,230 €31.4800 €31.1350 €31.2930 XAMS EUR 10/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 10/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.

SHEL's profit margin in the Refining segment has dropped 30% sequentially, mainly due to a decline in the demand for refined products globally.

Transaction in Own Shares 09 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 09 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 09/10/2024 950,000 £25.8900 £25.6300 £25.7633 LSE GBP 09/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 09/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 09/10/2024 922,000 €31.1900 €30.8800 €31.0512 XAMS EUR 09/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 09/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.

The naphtha supply deal strengthens the long-standing partnership between SHEL and QatarEnergy. QatarEnergy will supply 18 million metric tons of naphtha to Shell for 20 years.

Transaction in Own Shares 08 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 08 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 08/10/2024 1,000,000 £26.3350 £25.7200 £25.9778 LSE GBP 08/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 08/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 08/10/2024 935,000 €31.6800 €30.9900 €31.2828 XAMS EUR 08/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 08/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.

Iran's attack on Israel has escalated tensions, causing crude oil futures to jump. The country's crucial role in OPEC and potential sanctions could lead to sudden changes in oil prices. Shell is progressing well in lowering costs and improving FCF generation. Supportive shareholder remuneration and discounts to peers make SHEL a buy.

Transaction in Own Shares 07 October, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 07 October 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid   Lowest price paid   Volume weighted average price paid per share Venue Currency 07/10/2024 630,000 £26.4150 £25.8100 £26.1905 LSE GBP 07/10/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 07/10/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 07/10/2024 540,000 €31.7900 €31.2150 €31.5389 XAMS EUR 07/10/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 07/10/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024.

Shell (SHEL, Financial) saw its shares rise by 1.56%, reaching $69.58. The company announced expectations of a significant decline in refining margins for the third quarter due to reduced global demand, which also impacted oil product trading earnings.