Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas. The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such ase low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, heating oil, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services, as well as electricity storage. 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 1907 and is headquartered in London, the United Kingdom.

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Shell is a global energy company with around 87,000 employees in more than 70 countries. We work together to power progress through more and cleaner energy solutions. We serve more than 30 million customers at almost 46,000 retail service stations every day.

Our strategy is to accelerate the transition of our business to net-zero emissions, purposefully and profitably. #PoweringProgress

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Global demand for liquefied natural gas is estimated to rise by more than 50% by 2040, as several Asian countries use more LNG to support their economic growth.

More in the Shell LNG Outlook 2024: https://lnkd.in/eGERe4SQ

See how waste such as cow dung is transformed into biomethane – also known as renewable natural gas. Shell has a portfolio of biogas plants in North America and Europe, including 13 in Denmark, run by Nature Energy, that are doing just that, right now. 

It’s one of the ways we are delivering secure energy today on our journey to net zero. More: https://lnkd.in/dQbYBBmx #PoweringProgress

Meet Marissa. Her factory relies on natural gas, as well as renewables. See how Shell helps power businesses like Marissa’s, now and into the future. https://lnkd.in/eX3xP3fn #PoweringProgress

Shell delivered another quarter of strong performance. 

As we enter 2024, we will continue to simplify our organisation with a focus on delivering more value with less emissions.

See the full set of results: https://lnkd.in/d6dv_pXa #ShellResults #PoweringProgress

Shell invests to repurpose Energy and Chemicals Park Rheinland, in Germany. This investment is part of our drive to create more value with less emissions. More: https://lnkd.in/edk8rmDT #PoweringProgress

As countries across the world strive to reach their climate targets, they must make sure that the move to a cleaner energy system supports economic growth. 

The Energy Podcast asks Dr. Yvonne Maingey-Muriuki, Dr. Robert Charnock and Shell’s Mallika Ishwaran how this difficult balancing act can be achieved. Listen now: https://lnkd.in/divcPaYA

Meet Michael. He loves to drive in the UK. See how Shell is helping keep drivers like him moving, now and into the future. https://lnkd.in/ekCjd8Db #PoweringProgress

CrossWind, our joint venture with Eneco, has started operations at Hollandse Kust Noord, a new wind farm off the Dutch coast.

The subsidy-free wind park is expected to produce renewable electricity -- about 2.8% of electricity demand in the Netherlands. #PoweringProgress More: https://lnkd.in/eYn43dUC

Renewable natural gas, or biomethane, has the potential to become a pillar of a lower carbon energy system and production is set to expand across Europe between now and 2030.

Nature Energy, a company owned by Shell, produces biomethane using a range of organic material including agricultural waste, which is supplied by a vast network of farmers. At the end of the production process, the nutrient-rich residue left over is given back to farms and goes back into the soil to help crops grow.

Read more: https://lnkd.in/eX6yyCpF #PoweringProgress

Imagine using the wind and the sun to power the production of offshore gas. In Malaysia we are doing just that with our new Timi platform. Its innovative design incorporates solar panels and wind turbines, helping to power the production of gas with fewer carbon emissions. 

It’s one of the ways we are delivering secure energy today on our journey to net zero. #PoweringProgress More: https://lnkd.in/dQbYBBmx

NYSE:SHEL

Shell plc

Last Close

72.77

24/04 20:00

Market Cap

204.56B

Beta: 0.62

Volume Today

6.56K

Avg: 5.10M

PE Ratio

7.18

PFCF: 4.91

Dividend Yield

3.92%

Payout:27.23%

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