SHEL Chart
About

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas. It operates through Integrated Gas; Upstream; Marketing; Chemicals and Products; and Renewables and Energy Solutions segments. The company explores for and extracts natural gas to produce liquefied natural gas or convert into gas-to-liquids products; explores for and extracts crude oil and natural gas liquids; and operates upstream and midstream infrastructure to deliver gas to market. It is also involved in marketing supplies fuels and lubricants for transport, manufacturing, mining, power generation, agriculture, and construction industries; operates electric vehicle charging and convenience retail; turn crude oil and other feedstocks into products for households, industry, and transport; trades crude oil, oil products, and petrochemicals; and oil sand activities. In addition, the company generates, markets, and trades power from wind, solar and pipeline gas; hydrogen production and marketing; commercial carbon capture and storage hubs; carbon credits and nature-based solutions; and provides heavy-duty LNG-fuelled trucks. Further, it offers base chemicals, including ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, linear alpha olefins, detergent alcohols, ethylene oxide, ethylene glycol, and polyethylene; and sustainable aviation fuel. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1897 and is headquartered in London, the United Kingdom.

Fundamentals
Scroll to Statements
Sector Energy Industry Oil & Gas Integrated Market Cap 231.86B
Enterprise Value 510.00B Income 17.84B Sales 266.89B
Book/sh 30.38 Cash/sh 5.26 Dividend Yield 3.68%
Payout 47.73% Employees — IPO —
P/E 13.66 Forward P/E 11.53 PEG —
P/S 0.87 P/B 2.70 P/C —
EV/EBITDA 9.58 EV/Sales 1.91 Quick Ratio 0.91
Current Ratio 1.30 Debt/Eq 43.15 LT Debt/Eq —
EPS (ttm) 6.00 EPS next Y 7.11 EPS Growth 3.70%
Revenue Growth -3.30% Earnings 2026-05-07 ROA 5.07%
ROE 10.19% ROIC — Gross Margin 25.40%
Oper. Margin 9.81% Profit Margin 6.68% Shs Outstand 2.82B
Shs Float 5.59B Short Float 0.63% Short Ratio 1.70
Short Interest — 52W High 82.13 52W Low 58.55
Beta -0.11 Avg Volume 5.15M Volume 4.55M
Target Price $82.81 Recom Buy Prev Close $80.78
Price $81.98 Change 1.49%
Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$82.81
Mean price target
2. Current target
$81.99
Latest analyst target
3. DCF / Fair value
$138.19
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$81.99
Low
$77.00
High
$92.50
Mean
$82.81

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-02-06 main Wells Fargo Equal-Weight → Equal-Weight $77
2026-02-06 main Piper Sandler Overweight → Overweight $89
2026-01-08 main Piper Sandler Overweight → Overweight $92
2025-11-25 down UBS Buy → Neutral —
2025-11-10 main Piper Sandler Overweight → Overweight $90
2025-10-31 main TD Cowen Buy → Buy $82
2025-10-17 init Wells Fargo — → Equal-Weight $76
2025-10-09 main Scotiabank Sector Outperform → Sector Outperform $91
2025-10-08 main Piper Sandler Overweight → Overweight $87
2025-10-08 down Wolfe Research Outperform → Peer Perform —
2025-08-20 init Melius Research — → Hold $70
2025-08-18 main Piper Sandler Overweight → Overweight $82
2025-08-04 down HSBC Buy → Hold $78
2025-07-15 main Piper Sandler Overweight → Overweight $84
2025-07-02 main Piper Sandler Overweight → Overweight $83
2025-06-26 main Wells Fargo Overweight → Overweight $79
2025-05-13 main Piper Sandler Overweight → Overweight $80
2025-05-05 main Wells Fargo Overweight → Overweight $80
2025-04-11 main Scotiabank Sector Outperform → Sector Outperform $70
2025-04-08 main Wells Fargo Overweight → Overweight $83
Insider Transactions
Date Shares Url Text Insider Position Transaction Start Date Ownership
0 — — — Taraporevala (Cyrus) — — 2024-03-08 00:00:00 D
1 — — — Godbehere (Ann Frances) — — 2024-03-08 00:00:00 D
2 — — — Hughes (Catherine J) — — 2024-03-08 00:00:00 D
3 — — — Lute (Jane H) — — 2024-03-08 00:00:00 D
Financials
Line Item2024-12-312023-12-312022-12-312021-12-31
TaxEffectOfUnusualItems-54.25M84.80M622.53M1.86B
TaxRateForCalcs0.250.400.340.31
NormalizedEBITDA61.87B60.15B90.72B50.51B
TotalUnusualItems-217.00M212.00M1.84B5.99B
TotalUnusualItemsExcludingGoodwill-217.00M212.00M1.84B5.99B
NetIncomeFromContinuingOperationNetMinorityInterest16.09B19.36B42.31B20.10B
ReconciledDepreciation26.87B23.11B22.39B23.07B
ReconciledCostOfRevenue238.37B269.41B302.54B225.66B
EBITDA61.65B60.36B92.55B56.51B
EBIT34.78B37.26B70.16B33.44B
NetInterestIncome-2.49B-2.31B-4.30B-3.10B
InterestExpense4.86B4.63B5.35B3.61B
InterestIncome2.37B2.31B1.05B511.00M
NormalizedIncome16.26B19.23B41.09B15.97B
NetIncomeFromContinuingAndDiscontinuedOperation16.09B19.36B42.31B20.10B
TotalExpenses254.32B285.88B318.20B239.22B
DilutedAverageShares2.97B3.18B3.40B3.71B
BasicAverageShares2.95B3.15B3.37B3.67B
DilutedEPS6.005.065.7011.42
BasicEPS6.065.105.7611.52
DilutedNIAvailtoComStockholders16.09B19.36B42.31B20.10B
NetIncomeCommonStockholders16.09B19.36B42.31B20.10B
OtherunderPreferredStockDividend0.000.000.000.00
NetIncome16.09B19.36B42.31B20.10B
MinorityInterests-427.00M-277.00M-565.00M-529.00M
NetIncomeIncludingNoncontrollingInterests16.52B19.64B42.87B20.63B
NetIncomeContinuousOperations16.52B19.64B42.87B20.63B
TaxProvision13.40B12.99B21.94B9.20B
PretaxIncome29.92B32.63B64.81B29.83B
OtherNonOperatingIncomeExpenses582.00M677.00M319.00M341.00M
SpecialIncomeCharges-288.00M257.00M1.77B6.00B
OtherSpecialCharges288.00M-257.00M-1.77B-6.00B
WriteOff-1.13B-3.85B
ImpairmentOfCapitalAssets8.19B-3.85B
NetNonOperatingInterestIncomeExpense-2.49B-2.31B-4.30B-3.10B
TotalOtherFinanceCost-259.00M649.00M-28.00M
InterestExpenseNonOperating4.86B4.63B5.35B3.61B
InterestIncomeNonOperating2.37B2.31B1.05B511.00M
OperatingIncome29.99B30.74B63.11B22.28B
OperatingExpense15.95B16.47B15.67B13.57B
OtherOperatingExpenses2.41B1.75B1.71B1.42B
ResearchAndDevelopment1.10B1.29B1.07B815.00M
SellingGeneralAndAdministration12.44B13.43B12.88B11.33B
GeneralAndAdministrativeExpense12.44B13.43B12.88B11.33B
GrossProfit45.94B47.21B78.78B35.85B
CostOfRevenue238.37B269.41B302.54B225.66B
TotalRevenue284.31B316.62B381.31B261.50B
OperatingRevenue284.31B316.62B381.31B261.50B
Line Item2024-12-312023-12-312022-12-312021-12-31
TreasurySharesNumber30.80M0.000.000.00
OrdinarySharesNumber6.08B6.52B7.00B7.68B
ShareIssued6.12B6.52B7.00B7.68B
NetDebt10.54B15.52B16.06B24.72B
TotalDebt77.08B81.54B83.80B89.09B
TangibleBookValue152.79B159.69B164.77B147.27B
InvestedCapital226.68B240.44B246.62B233.54B
WorkingCapital32.89B38.65B44.63B33.22B
NetTangibleAssets152.79B159.69B164.77B147.27B
CapitalLeaseObligations28.70B27.71B27.64B27.51B
CommonStockEquity178.31B186.61B190.47B171.97B
TotalCapitalization219.76B235.15B242.00B229.46B
TotalEquityGrossMinorityInterest180.17B188.36B192.60B175.32B
MinorityInterest1.86B1.75B2.12B3.36B
StockholdersEquity178.31B186.61B190.47B171.97B
OtherEquityInterest1.42B1.31B1.14B964.00M
TreasuryStock803.00M997.00M726.00M610.00M
RetainedEarnings158.83B165.91B169.48B153.03B
AdditionalPaidInCapital424.00M390.00M350.00M293.00M
CapitalStock510.00M544.00M584.00M641.00M
CommonStock510.00M544.00M584.00M641.00M
TotalLiabilitiesNetMinorityInterest207.44B217.91B250.43B229.05B
TotalNonCurrentLiabilitiesNetMinorityInterest112.41B122.44B129.12B133.51B
OtherNonCurrentLiabilities-1.00M1.00M
DerivativeProductLiabilities2.19B2.30B3.56B887.00M
NonCurrentPensionAndOtherPostretirementBenefitPlans6.75B7.55B7.30B11.32B
NonCurrentAccruedExpenses253.00M364.00M
TradeandOtherPayablesNonCurrent3.29B3.10B3.43B2.08B
NonCurrentDeferredTaxesLiabilities13.51B15.35B16.19B12.55B
LongTermDebtAndCapitalLeaseObligation65.45B71.61B74.79B80.87B
LongTermCapitalLeaseObligation23.99B23.07B23.26B23.37B
LongTermDebt41.46B48.54B51.53B57.50B
LongTermProvisions21.23B22.53B23.84B25.80B
CurrentLiabilities95.03B95.47B121.31B95.55B
OtherCurrentLiabilities-1.00M1.00M
CurrentDebtAndCapitalLeaseObligation11.63B9.93B9.00B8.22B
CurrentCapitalLeaseObligation4.71B4.64B4.38B4.14B
CurrentDebt6.92B5.29B4.62B4.08B
CurrentProvisions4.47B4.04B2.91B3.34B
Payables54.10B58.52B69.27B55.32B
OtherPayable16.25B17.41B18.50B14.41B
TotalTaxPayable8.09B6.53B8.14B6.78B
AccountsPayable29.77B34.59B42.63B34.14B
TotalAssets387.61B406.27B443.02B404.38B
TotalNonCurrentAssets259.68B272.15B277.09B275.61B
OtherNonCurrentAssets1.00M
DefinedPensionBenefit10.00B9.15B10.20B8.47B
NonCurrentPrepaidAssets2.16B1.52B
NonCurrentDeferredTaxesAssets6.86B6.45B7.82B12.43B
FinancialAssets374.00M801.00M582.00M815.00M
InvestmentinFinancialAssets2.25B3.25B3.36B3.80B
HeldToMaturitySecurities37.00M28.00M21.00M4.00M
AvailableForSaleSecurities2.12B2.89B2.84B3.02B
FinancialAssetsDesignatedasFairValueThroughProfitorLossTotal97.00M328.00M500.00M777.00M
LongTermEquityInvestment23.45B24.46B23.86B23.41B
InvestmentsinJointVenturesatCost15.78B17.38B17.06B15.77B
InvestmentsinAssociatesatCost7.66B7.08B6.81B7.65B
GoodwillAndOtherIntangibleAssets25.51B26.91B25.70B24.69B
OtherIntangibleAssets9.48B10.25B9.66B9.77B
Goodwill16.03B16.66B16.04B14.92B
NetPPE185.22B194.84B198.64B194.93B
AccumulatedDepreciation-245.53B-260.24B-236.32B-241.84B
GrossPPE430.75B455.07B434.96B436.77B
OtherProperties150.51B160.76B146.38B138.19B
Properties280.24B294.31B288.58B298.58B
CurrentAssets127.93B134.12B165.94B128.76B
OtherCurrentAssets-1.00M
HedgingAssetsCurrent9.67B15.10B24.44B11.37B
AssetsHeldForSaleCurrent9.86B951.00M2.85B1.96B
RestrictedCash1.27B460.00M156.00M113.00M
PrepaidAssets5.71B6.16B14.51B8.97B
Inventory23.43B26.02B31.89B25.26B
OtherInventories1.60B2.11B2.56B1.73B
FinishedGoods20.21B22.23B27.82B22.14B
RawMaterials1.61B1.68B1.51B1.39B
OtherReceivables8.53B10.10B12.10B8.74B
TaxesReceivable391.00M558.00M363.00M550.00M
AccountsReceivable31.04B36.27B39.33B34.72B
AllowanceForDoubtfulAccountsReceivable-527.00M-600.00M-1.05B-1.03B
GrossAccountsReceivable31.57B36.87B40.39B35.75B
CashCashEquivalentsAndShortTermInvestments37.84B38.31B40.09B36.86B
CashAndCashEquivalents37.84B38.31B40.09B36.86B
CashEquivalents32.89B33.64B
CashFinancial5.89B6.61B
Line Item2024-12-312023-12-312022-12-312021-12-31
FreeCashFlow35.09B31.20B45.81B26.10B
RepurchaseOfCapitalStock-13.90B-14.62B-18.44B-2.89B
RepaymentOfDebt-9.67B-10.65B-8.46B-21.53B
IssuanceOfDebt363.00M1.03B269.00M1.79B
IssuanceOfCapitalStock-789.00M-889.00M-593.00M-285.00M
CapitalExpenditure-19.60B-22.99B-22.60B-19.00B
EndCashPosition39.11B38.77B40.25B36.97B
OtherCashAdjustmentOutsideChangeinCash1.00M
BeginningCashPosition38.77B40.25B36.97B31.83B
EffectOfExchangeRateChanges-761.00M306.00M-736.00M-539.00M
ChangesInCash1.10B-1.78B4.01B5.68B
FinancingCashFlow-38.44B-38.23B-41.95B-34.66B
NetOtherFinancingCharges-609.00M701.00M-3.76B-1.15B
InterestPaidCFF-4.56B-4.44B-3.68B-4.01B
CashDividendsPaid-8.67B-8.39B-7.41B-6.25B
CommonStockDividendPaid-8.67B-8.39B-7.41B-6.25B
NetCommonStockIssuance-14.69B-15.51B-19.03B-3.17B
CommonStockPayments-13.90B-14.62B-18.44B-2.89B
CommonStockIssuance-789.00M-889.00M-593.00M-285.00M
NetIssuancePaymentsOfDebt-9.62B-9.83B-7.87B-19.73B
NetShortTermDebtIssuance-310.00M-211.00M318.00M14.00M
NetLongTermDebtIssuance-9.31B-9.62B-8.19B-19.74B
LongTermDebtPayments-9.67B-10.65B-8.46B-21.53B
LongTermDebtIssuance363.00M1.03B269.00M1.79B
InvestingCashFlow-15.15B-17.73B-22.45B-4.76B
NetOtherInvestingChanges738.00M1.44B-580.00M-600.00M
InterestReceivedCFI2.40B2.12B906.00M423.00M
NetInvestmentPurchaseAndSale502.00M-146.00M-143.00M78.00M
SaleOfInvestment582.00M51.00M117.00M296.00M
PurchaseOfInvestment-80.00M-197.00M-260.00M-218.00M
NetBusinessPurchaseAndSale-814.00M-728.00M-1.46B105.00M
SaleOfBusiness590.00M474.00M511.00M584.00M
PurchaseOfBusiness-1.40B-1.20B-1.97B-479.00M
NetPPEPurchaseAndSale1.62B2.56B1.43B14.23B
SaleOfPPE1.62B2.56B1.43B14.23B
CapitalExpenditureReported-19.60B-22.99B-22.60B-19.00B
OperatingCashFlow54.69B54.19B68.41B45.10B
TaxesRefundPaid-12.00B-13.71B-13.12B-5.48B
DividendReceivedCFO3.63B3.67B4.40B3.93B
ChangeInWorkingCapital2.06B7.84B-5.43B-10.37B
ChangeInPayable-5.79B-10.89B11.91B17.52B
ChangeInInventory1.27B6.33B-8.36B-7.32B
ChangeInReceivables6.58B12.40B-8.99B-20.57B
OtherNonCashItems3.13B1.34B5.16B3.82B
DepreciationAndAmortization26.87B23.11B22.39B23.07B
Depreciation26.87B23.11B22.39B23.07B
PensionAndEmployeeBenefitExpense-326.00M-37.00M417.00M16.00M
GainLossOnInvestmentSecurities2.77B-5.97B-3.26B-113.00M
NetIncomeFromContinuingOperations29.92B32.63B64.81B29.83B
SEC Filings

No SEC filings found for this symbol (may be non-US or ticker not in SEC index).

Public Trades for SHEL
Date User Asset Broker Type Position Size Entry Price Patterns