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    SHEL   GB00BP6MXD84

SHELL PLC

(SHEL)
  Report
Delayed London Stock Exchange  -  12:35:06 2023-03-24 pm EDT
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Shell makes record $40 billion annual profit

02/02/2023 | 02:12am EDT
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FILE PHOTO: Energy company Shell's logo is pictured seen during a launch event for a hydrogen electrolysis plant at its Rhineland refinery in Germany

LONDON (Reuters) - Shell on Thursday posted record fourth-quarter profit of $9.8 billion on the back of a strong recovery in earnings from its liquefied natural gas (LNG) trading, beating analyst forecasts.

The British company's 2022 annual earnings hit a record $39.9 billion, doubling from a year earlier and far exceeding the previous record of $31 billion in 2008.

(Reporting by Ron Bousso and Shadia Nasralla; Editing by David Goodman)


© Reuters 2023
Stocks mentioned in the article
ChangeLast1st jan.
S&P GSCI NATURAL GAS INDEX 3.42% 110.5441 Real-time Quote.-47.24%
SHELL PLC -3.15% 2200.5 Delayed Quote.-5.40%
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Analyst Recommendations on SHELL PLC
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Financials (USD)
Sales 2023 342 B - -
Net income 2023 31 352 M - -
Net Debt 2023 35 068 M - -
P/E ratio 2023 5,72x
Yield 2023 4,35%
Capitalization 185 B 185 B -
EV / Sales 2023 0,64x
EV / Sales 2024 0,62x
Nbr of Employees 91 140
Free-Float 0,00%
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Technical analysis trends SHELL PLC
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Income Statement Evolution
Consensus
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Mean consensus OUTPERFORM
Number of Analysts 19
Last Close Price 26,90 $
Average target price 35,34 $
Spread / Average Target 31,4%
EPS Revisions
Managers and Directors
Wael Sawan Chief Executive Officer & Director
Sinead Gorman Chief Financial Officer & Director
Andrew Stewart Mackenzie Chairman
Harry Brekelmans Director-Technology & Projects
Yiu Kiang Goh Independent Director
Sector and Competitors
1st jan.Capi. (M$)
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