Shell PLC ADR (Representing - Ordinary Shares)
SHEL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$55.00 | Pwnf | Mphbcbtx |
Shell Earnings: Strong Results, Continued Shareholder Returns Should Build Investor Confidence
No-moat Shell's adjusted fourth-quarter earnings surpassed market expectations, falling to $7.3 billion from $9.8 billion the year before on weaker results in the integrated gas segment. Total production volumes were largely flat from the year before. Our fair value estimate is unchanged.