Shell's second-quarter adjusted earnings of $9.8 billion exceeded expectations, driven by higher commodity prices, wide refining margins, and strong trading performance, which were offset by lost volumes due to Middle East disruptions. Share buybacks were unchanged at $3.0 billion for the quarter.
Shell stands to benefit from the rise in global gas demand and likely strong prices over the next decade as LNG becomes integral to managing renewable intermittency.
Shell’s large LNG position puts it at risk if renewable power generation grows faster than expected or intermittency issues are solved, meaning natural gas will no longer be needed as a bridge fuel.
|
Metric
|
SHELL
|
TTE
|
BP
|
|---|---|---|---|
Price/Earnings (Normalized) | 10.19 | 10.36 | 8.73 |
Price/Book Value | 1.38 | 1.50 | 1.89 |
Price/Sales | 0.89 | 0.99 | 0.52 |
Price/Cash Flow | 5.12 | 5.90 | 2.81 |
|
Metric
|
SHELL
|
TTE
|
BP
|
|---|---|---|---|
Quick Ratio | 0.98 | 0.53 | 0.77 |
Current Ratio | 1.43 | 1.06 | 1.27 |
Interest Coverage | 8.43 | 11.79 | 4.12 |
|
Metric
|
SHELL
|
TTE
|
BP
|
|---|---|---|---|
Return on Assets (Normalized) | 6.72% | 6.40% | 4.40% |
Return on Equity (Normalized) | 14.47% | 16.09% | 22.25% |
Return on Invested Capital (Normalized) | 10.91% | 10.98% | 10.42% |
|
1-Day Chart
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Name
|
Price
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|---|
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XOM
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PCCYF
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| Shell PLC
RYDAF
| — | LOCK|<wM | $249B | |||
| Shell PLC ADR (Representing - Ordinary Shares)
SHEL
| LOCK|<H%R^$ | LOCK|>>! | $249B | |||
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| LOCK|tb%V>p$ | LOCK|d> | $195B | |||
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| LOCK|vHD<^&$ | LOCK|%b | $112B | |||
| BP PLC ADR
BP
| LOCK|><D^rCQ | LOCK|^w | $109B | |||
| Equinor ASA ADR
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| LOCK|K<lZ<bK | LOCK|P#$ | $98B | |||
| Eni SpA ADR
E
| LOCK|&MXQy& | LOCK|Fp$ | $79B |
United States