Shell PLC
SHEL: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|NFW | LOCK|<zx | LOCK|#?v&B< |
Shell Earnings: Q1 Exceeds Expectations, While Buyback Level Maintained
Shell's first-quarter earnings exceeded market expectations, mainly due to performance from its upstream segment. Despite increased gearing and an uncertain oil price outlook, it maintained its quarterly repurchase rate of $3.5 billion.
