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Stock Charts AI Power Rank: 1.7
Power Rank trend -> Falling
09/06/2024 16:10:00 EST
Shell PLC ADR (SHEL)
Industry: Oil & Gas Integrated
Follow @stockchartsai on TwitterPrice Support Resistance
In the past 20 trading days, SHEL has been trading in a range between $73.07 and $70.68 (gray range band). Red lines on the chart represent key resistance levels and Green lines represent key support levels. As the price moves above the lines you will notice they turn green and red if price moves below a line.
The AI powered stock chart is in a Red zone currently. We would avoid this stock.
Upside / Downside Potential
Shell PLC ADR $SHEL entered a Red zone 9 days ago on the AI powered stock chart. Wall Street analysts have an AVG target price $74.13, a potential upside of 10.79% from the recent price of 66.91. The stock is trading 10.24% (potential upside) below its 52 week high of $73.76 and 14.24 % (potential downside) above its 52 week low of $58.57 - based on the recent price.
Company Summary
Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and Rest of the Americas The company operates through Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions segments. It explores for and extracts crude oil, natural gas, and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products; and operates upstream and midstream infrastructure to deliver gas to market.
News
| Shell plc Second Quarter 2024 Euro and GBP Equivalent Dividend Payments SHELL PLC SECOND QUARTER 2024 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS September 9, 2024 The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the second quarter 2024 interim dividend, which was announced on August 1, 2024 at US$0.344 per ordinary share. Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Source: GlobeNewsWire Mon, 09 Sep 2024 02:00:00 -0400 Sentiment: Neutral |
| 3 Cheap Oil Stocks To Buy In September It's been a bad week for oil stocks. Even though OPEC+ nations delayed their production cuts scheduled to begin in October, global demand for oil weakened considerably. Source: 24/7 Wall Street Sat, 07 Sep 2024 12:55:23 -0400 Sentiment: Neutral |
| Transaction in Own Shares Transaction in Own Shares 06 September, 2024 • • • • • • • • • • • • • • • • Shell plc (the ‘Company') announces that on 06 September 2024 it purchased the following number of Shares for cancellation. Aggregated information on Shares purchased according to trading venue: Date of purchase Number of Shares purchased Highest price paid Lowest price paid Volume weighted average price paid per share Venue Currency 06/09/2024 855,000 £25.5900 £25.2150 £25.3985 LSE GBP 06/09/2024 - £0.0000 £0.0000 £0.0000 Chi-X (CXE) GBP 06/09/2024 - £0.0000 £0.0000 £0.0000 BATS (BXE) GBP 06/09/2024 830,000 €30.7100 €30.2050 €30.4780 XAMS EUR 06/09/2024 - €0.0000 €0.0000 €0.0000 CBOE DXE EUR 06/09/2024 - €0.0000 €0.0000 €0.0000 TQEX EUR These share purchases form part of the on- and off-market limbs of the Company's existing share buy-back programme previously announced on 1 August 2024. Source: GlobeNewsWire Fri, 06 Sep 2024 12:44:00 -0400 Sentiment: Neutral |
| Shell, BP slip as oil heads for worst week in a year Shares in FTSE 100 heavyweights Shell PLC (LSE:SHEL, NYSE:SHEL) and BP PLC (LSE:BP.) slipped on Friday as oil prices appeared to head towards their largest weekly decline in almost a year. Source: Proactive Investors Fri, 06 Sep 2024 05:38:38 -0400 Sentiment: Negative |
| Shell and Equinor to fight North Sea actions without government support Shell is to fight for its licence to develop the Jackdaw field in the North Sea even though the government has dropped its defence of the project. Greenpeace has lodged a legal action to halt the development of Jackdaw and another North Sea field, Rosebank, because the original go-ahead did not take Scope 3 or product user emissions into account. Source: Proactive Investors Thu, 05 Sep 2024 10:42:20 -0400 Sentiment: Negative |
Technicals 52 Week Hi: 73.7599 52 Week Low: 58.5664 Beta: 0.506 50 Day MA: 71.9464 200 Day MA: 68.5328 Earnings / Revenue Trends Qtr Earnings Growth YOY: 0.196 Qtr Revenue Growth YOY: -0.002 Forward PE: 7.6394 Trailing PE: 11.8635