Shell ADR Stock News
$99.08
0.53%
NYSE, Nov 13, 04:00 pm EST.
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Shell ADR Stock News
Tight supplies and low gas inventories leave Europe exposed this winter, while LNG exporters stand to benefit from higher prices.
The best mutual funds place massive bets on Microsoft, Palantir and Apple. But that's just the start.
Shell agrees to sell North West Shelf interest to ADNOC's XRG for $1.45 billion
Trump criticized ExxonMobil and Chevron in August for making “too much money” amid tight fuel supplies. Shell, BP, TotalEnergies, ExxonMobil and Chevron have since reported sharply higher refining or downstream earnings.
Shell said on Thursday that soaring freight rates have added $5.4 billion to its shipping lease costs in the third quarter compared with the previous three months, feeding its net debt, while TotalEnergies sees them cut into the prices it gets for its liquid fuels.
London's blue-chip index rose on Thursday, supported by gains in the energy sector, while investors awaited crucial inflation data in the US to gauge the Federal Reserve's monetary policy.
The British energy major saw third quarter earnings double and cash flow increase, leading it to hike its share buyback.
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