SHEL Stock Recent News

SHEL hires MODEC to work on the hull design and all the associated topside facilities for the FPSO, specially designed for the Gato do Mato project located in the Santos Basin, offshore Brazil.

Transaction in Own Shares 27 March, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 27 March 2025 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 27/03/2025 682,127  £ 28.2400  £ 27.9800  £ 28.1045 LSE GBP 27/03/2025 140,472  £ 28.2400  £ 27.9750  £ 28.0925 Chi-X (CXE) GBP 27/03/2025 140,574  £ 28.2400  £ 27.9950  £ 28.0943 BATS (BXE) GBP 27/03/2025 486,044  € 34.1100  € 33.7500  € 33.8882 XAMS EUR 27/03/2025 145,808  € 34.1050  € 33.7450  € 33.8762 CBOE DXE EUR 27/03/2025 0 - - - 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 30 January 2025.

Shell's stock has risen 16.6% YTD, outperforming broader market trends despite lacklustre oil prices. Key drivers for the rise include continued share buybacks, sustained dividend payouts, and promising plans to pivot towards relatively cleaner energy sources like LNG. Moreover, its market multiples indicate a 30% upside potential, with Shell's P/E ratios still below five-year averages despite recent price increases.

Dublin, March 27, 2025 (GLOBE NEWSWIRE) -- The "Chitin Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application" report has been added to ResearchAndMarkets.com's offering. The global chitin market is estimated at USD 100 to 150 million in 2025, with a CAGR of 5% to 6% from 2025 to 2030, fueled by diverse industry demand. Key drivers include rising agricultural biostimulant use, clean beauty demand, and advancements in chitin extraction. Regional Analysis

SHEL partners with McDermott to drive engineering innovation, enhance procurement efficiency and accelerate low-carbon solutions worldwide.

Shell's integrated business model spans exploration, production, processing, and marketing, ensuring profitability at each stage and positioning it well for future growth. I assign a "Buy" rating to Shell shares with a target price of $78, reflecting a 16% growth potential from the current price. Despite challenges like energy transition and geopolitical risks, Shell's leadership in LNG and investments in low-carbon energy offer strong growth drivers.

Shell (SHEL) reachead $73.03 at the closing of the latest trading day, reflecting a +1.39% change compared to its last close.

The Investment Committee debate the latest Calls of the Day.

Transaction in Own Shares 26 March, 2025 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 26 March 2025 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 26/03/2025 230,893  £ 28.3050  £ 27.8200  £ 28.0781 LSE GBP 26/03/2025 42,503  £ 28.2600  £ 27.8300  £ 28.0650 Chi-X (CXE) GBP 26/03/2025 42,133  £ 28.2750  £ 27.8550  £ 28.0714 BATS (BXE) GBP 26/03/2025 160,174  € 34.0700  € 33.4700  € 33.8271 XAMS EUR 26/03/2025 48,798  € 34.0700  € 33.4800  € 33.7817 CBOE DXE EUR 26/03/2025 0 - - - 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 30 January 2025.

Shell PLC (LSE:SHEL, NYSE:SHEL) is promising more money for shareholders, a leaner investment plan and a tighter focus on its most profitable businesses. But for all the pledges, some investors remain unconvinced that Europe's biggest energy group has the clearest roadmap for long-term value.