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Shell (UK) (GB:SHEL)
LSE:SHEL

Shell (UK) (SHEL) AI Stock Analysis

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GB:SHEL

Shell (UK)

(LSE:SHEL)

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Outperform 73 (OpenAI - 5.2)
Rating:73Outperform
Price Target:
3,077.00p
â–²(13.04% Upside)
Shell's overall stock score reflects a stable financial position with strong operational margins and a solid balance sheet. The company's attractive valuation and positive earnings call sentiment contribute positively. However, technical analysis indicates potential short-term weakness, and challenges in revenue and cash flow growth present risks.
Positive Factors
Operational Excellence in Upstream
Record production levels in key regions like Brazil and the Gulf of America highlight Shell's strong operational capabilities, enhancing its competitive position in the upstream segment and supporting long-term growth.
LNG and Integrated Gas Success
Successful LNG operations, including the start-up of LNG Canada, bolster Shell's integrated gas segment, positioning the company well in the growing LNG market and supporting sustained revenue growth.
Strategic Investment in Nigeria
Increasing its stake in Nigeria's Bonga field aligns with Shell's strategy to invest in competitive assets, enhancing its upstream portfolio and securing long-term production growth in a key region.
Negative Factors
Declining Revenue Growth
Negative revenue growth reflects challenges in maintaining sales momentum, which could impact Shell's ability to sustain profitability and market share over the long term.
Increased Operational Expenses
Rising operational expenses, driven by inflation and new asset costs, could pressure margins and reduce financial flexibility, affecting Shell's long-term cost management and profitability.
Challenges in Chemicals Segment
Persistent weak margins in the chemicals segment indicate ongoing challenges in achieving profitability, which could hinder Shell's diversification efforts and overall financial performance.

Shell (UK) (SHEL) vs. iShares MSCI United Kingdom ETF (EWC)

Shell (UK) Business Overview & Revenue Model

Company DescriptionShell 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 necessary to deliver gas to market. The company also markets and trades natural gas, liquefied natural gas (LNG), crude oil, electricity, carbon-emission rights; and markets and sells LNG as a fuel for heavy-duty vehicles and marine vessels. In addition, it trades in and refines crude oil and other feed stocks, such ase low-carbon fuels, lubricants, bitumen, sulphur, gasoline, diesel, heating oil, aviation fuel, and marine fuel; produces and sells petrochemicals for industrial use; and manages oil sands activities. Further, the company produces base chemicals comprising ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, detergent alcohols, ethylene oxide, and ethylene glycol. Additionally, it generates electricity through wind and solar resources; produces and sells hydrogen; and provides electric vehicle charging services, as well as electricity storage. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1907 and is headquartered in London, the United Kingdom.
How the Company Makes MoneyShell generates revenue primarily through the sale of crude oil, natural gas, and refined petroleum products. Key revenue streams include upstream operations, which encompass exploration and production activities, and downstream operations, which involve refining and marketing oil products. Additionally, Shell earns money from its chemicals segment, producing a wide array of petrochemicals that are used in manufacturing processes. The company also benefits from strategic partnerships and joint ventures in various regions, enhancing its operational capabilities and market reach. Factors contributing to its earnings include fluctuations in global oil prices, demand for energy, and ongoing investments in cleaner energy solutions as part of its transition strategy.

Shell (UK) Earnings Call Summary

Earnings Call Date:Oct 30, 2025
(Q3-2025)
|
% Change Since: |
Next Earnings Date:Feb 05, 2026
Earnings Call Sentiment Neutral
The earnings call highlighted strong financial performances and operational achievements, particularly in the Upstream and LNG segments, alongside strategic portfolio simplifications and shareholder returns. However, these positives were somewhat offset by challenges in the chemicals segment, increased operational costs, and market uncertainties in biofuels and LNG demand in Asia.
Q3-2025 Updates
Positive Updates
Strong Financial Performance
Adjusted earnings were $5.4 billion, and cash flow from operations was $12.2 billion, driven by strong performance across all business segments.
Operational Excellence in Upstream
Brazil and the Gulf of America contributed to the highest quarterly production levels in recent history, with the Whale project reaching nameplate capacity earlier than expected.
LNG and Integrated Gas Success
LNG Canada delivered 13 cargoes from Train 1, and Train 2 is expected to start later this quarter, contributing to strong operational delivery and trading performance.
Portfolio Simplification and Divestments
Divestments include 400 lower-performing retail sites, non-core interest in Colonial Pipeline generating $1 billion, and sell-down of Savion solar projects.
Shareholder Returns
Announced a $3.5 billion share buyback program, marking the 16th consecutive quarter of $3 billion or more in buybacks.
Negative Updates
Challenges in Chemicals Segment
Chemicals continue to face weak margins despite a quarter-on-quarter improvement in trading.
Increased Operational Expenses
Underlying OpEx increased by 10% year-on-year due to inflation and ramp-up costs from new assets like LNG Canada.
Cancellation of HEFA Biofuels Facility
Decision not to restart construction due to policy risks and market conditions, reflecting challenges in the biofuels segment.
Weak Asian LNG Demand
LNG demand in Asia has been disappointing, affecting trading opportunities compared to previous quarters.
Company Guidance
In Shell's Third Quarter 2025 financial results announcement, CFO Sinead Gorman highlighted strong financial performance with adjusted earnings of $5.4 billion and cash flow from operations of $12.2 billion. The quarter saw enhanced operational delivery, particularly in Integrated Gas, with higher liquefaction volumes due to the start-up of LNG Canada, which delivered 13 cargoes from Train 1. Upstream operations also excelled, with Brazil and the Gulf of America achieving record production levels, supported by successful project ramp-ups like the Whale project. Marketing recorded its second highest quarterly adjusted earnings in over a decade. Shell announced a $3.5 billion share buyback program, marking the 16th consecutive quarter of $3 billion or more in buybacks, aligning with their strategy of maintaining a rolling shareholder distribution of 48% of CFFO, within the target range of 40% to 50%. The company emphasized its commitment to performance, discipline, and simplification as key principles guiding its business actions.

Shell (UK) Financial Statement Overview

Summary
Shell demonstrates a stable financial position with strong operational margins and a solid balance sheet. However, challenges are evident in declining revenue and cash flow growth, which could impact future profitability. The company maintains a healthy capital structure, but efficiency in equity returns and cash conversion could be improved. Overall, Shell remains robust but faces headwinds in growth and profitability.
Income Statement
72
Positive
Shell's income statement shows a mixed performance. The gross profit margin has slightly decreased in the TTM compared to the previous year, indicating a slight decline in operational efficiency. The net profit margin also decreased, reflecting reduced profitability. Revenue growth has been negative, showing a contraction in sales. However, the company maintains a solid EBIT and EBITDA margin, suggesting strong operational control despite revenue challenges.
Balance Sheet
75
Positive
The balance sheet reflects a stable financial position with a manageable debt-to-equity ratio, which has slightly improved over the past year. The return on equity has decreased, indicating less efficient use of equity. The equity ratio remains healthy, suggesting a strong capital structure. Overall, the balance sheet suggests stability with some room for improvement in equity returns.
Cash Flow
68
Positive
Cash flow analysis reveals a decline in free cash flow growth, indicating potential challenges in generating cash. The operating cash flow to net income ratio is stable, showing consistent cash generation relative to net income. However, the free cash flow to net income ratio has decreased, suggesting reduced cash conversion efficiency. Overall, cash flow management appears stable but with declining growth.
BreakdownTTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income Statement
Total Revenue268.66B284.31B316.62B381.31B261.50B180.54B
Gross Profit40.60B45.94B47.21B78.78B35.85B-12.99B
EBITDA53.98B61.65B60.36B92.55B56.51B2.22B
Net Income14.60B16.09B19.36B42.31B20.10B-21.68B
Balance Sheet
Total Assets377.74B387.61B406.27B443.02B404.38B379.27B
Cash, Cash Equivalents and Short-Term Investments33.05B39.11B38.77B40.25B36.97B31.83B
Total Debt73.98B77.14B81.64B83.80B89.09B108.01B
Total Liabilities199.91B207.44B217.91B250.43B229.05B220.73B
Stockholders Equity175.82B178.31B186.61B190.47B171.97B155.31B
Cash Flow
Free Cash Flow25.94B35.09B31.20B45.81B26.11B17.52B
Operating Cash Flow46.15B54.69B54.19B68.41B45.10B34.10B
Investing Cash Flow-16.47B-15.15B-17.73B-22.45B-4.76B-13.28B
Financing Cash Flow-38.76B-38.44B-38.23B-41.95B-34.66B-7.22B

Shell (UK) Technical Analysis

Technical Analysis Sentiment
Positive
Last Price2722.00
Price Trends
50DMA
2755.07
Negative
100DMA
2719.54
Positive
200DMA
2612.63
Positive
Market Momentum
MACD
-14.16
Negative
RSI
53.55
Neutral
STOCH
63.60
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:SHEL, the sentiment is Positive. The current price of 2722 is above the 20-day moving average (MA) of 2692.72, below the 50-day MA of 2755.07, and above the 200-day MA of 2612.63, indicating a neutral trend. The MACD of -14.16 indicates Negative momentum. The RSI at 53.55 is Neutral, neither overbought nor oversold. The STOCH value of 63.60 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:SHEL.

Shell (UK) Peers Comparison

Overall Rating
UnderperformOutperform
Sector (65)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
73
Outperform
£151.23B14.528.25%4.00%-9.21%-2.61%
73
Outperform
£65.19B――5.37%――
71
Outperform
£65.19B60.852.40%5.73%-6.90%-43.82%
69
Neutral
£65.19B――5.42%――
65
Neutral
$15.17B7.614.09%5.20%3.87%-62.32%
63
Neutral
£3.26B-8.89-11.32%8.77%123.03%-330.89%
54
Neutral
£2.68B-32.02-4.67%14.05%63.10%-161.03%
* Energy Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:SHEL
Shell (UK)
2,739.00
156.18
6.05%
GB:HBR
Harbour Energy
210.60
-50.60
-19.37%
GB:BP.A
BP plc
148.00
23.70
19.07%
GB:BP.B
BP plc
164.00
23.24
16.51%
GB:BP
BP p.l.c.
443.50
38.66
9.55%
GB:ITH
Ithaca Energy PLC
172.00
49.83
40.79%

Shell (UK) Corporate Events

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Buy-Back Drive with Nearly 2 Million Shares Repurchased for Cancellation
Positive
Jan 12, 2026

Shell plc has repurchased a total of 1,961,992 of its own shares on 12 January 2026 across the London Stock Exchange and Euronext Amsterdam for cancellation, as part of its existing on- and off-market share buy-back programme launched in October 2025. The transactions, executed independently by Merrill Lynch International within pre-set parameters, are being conducted under the company’s shareholder-approved authorities and in full compliance with UK and EU market abuse and buy-back regulations, underscoring Shell’s ongoing commitment to capital returns and balance sheet optimisation for shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Continues 2025–26 Share Buy-Back with Fresh Share Purchases for Cancellation
Positive
Jan 9, 2026

Shell plc has repurchased a total of 2,090,? shares on 9 January 2026 across multiple European trading venues, including the London Stock Exchange and Euronext Amsterdam, paying prices in both GBP and EUR as part of its ongoing capital management strategy. These transactions form part of the company’s previously announced on- and off‑market share buy-back programme running from 30 October 2025 to 30 January 2026, executed independently by Merrill Lynch International within pre-set parameters and in compliance with UK and EU market abuse and listing regulations, underscoring Shell’s continued focus on shareholder returns and disciplined balance sheet management.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Capital Return Drive With Fresh Tranche of Share Buybacks
Positive
Jan 8, 2026

Shell plc has repurchased more than 2.4 million of its own shares on 8 January 2026 across multiple European trading venues, including the London Stock Exchange and Euronext Amsterdam, for cancellation as part of its ongoing share buy-back programme. The transactions, executed by Merrill Lynch International independently within pre-set parameters, are conducted under Shell’s existing shareholder-approved authorities and in full compliance with UK and EU market abuse and listing regulations, underscoring the company’s continued emphasis on returning capital to shareholders and managing its capital structure through structured buybacks.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £34.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyFinancial Disclosures
Shell Flags Weaker Chemicals & Products Earnings and Working-Capital Outflows in Q4 2025 Update
Negative
Jan 8, 2026

Shell has issued an updated trading statement for the fourth quarter of 2025, flagging broadly stable production in Integrated Gas and Upstream, seasonally lower Marketing volumes, and refining margins that are slightly higher but offset by weaker chemicals margins. The company expects Chemicals & Products to deliver adjusted earnings below break-even, with the Chemicals sub-segment posting a significant loss due to non‑cash deferred tax adjustments in a joint venture, and Trading & Optimisation results in that segment to be significantly lower than in the previous quarter. Group cash flow from operations will be weighed down by around $1.5 billion of outflows tied to timing of payments for German emissions certificates and typical German mineral oil tax payments, while group tax charges and segment earnings will be influenced by annual non‑cash reassessments of deferred tax assets, including about $0.3 billion of deferred tax effects in Marketing and Chemicals joint ventures. The update also highlights structural changes including the incorporation of the Adura UK upstream joint venture, which will alter future cash flow timing through dividend distributions, and a completed Canadian oil sands swap that reduces oil sands production and lowers Chemicals & Products adjusted earnings in tandem with a reduction in non‑controlling interests at group level.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £34.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Repurchases Over 2.2 Million Shares Under Ongoing Buy-Back Programme
Positive
Jan 7, 2026

Shell plc has repurchased a total of 2,233,786 of its own shares on 7 January 2026 across multiple European trading venues, including the London Stock Exchange and Euronext Amsterdam, as part of its ongoing share buy-back programme. The shares, bought in both sterling and euros for subsequent cancellation, form a tranche of the buy-back initiative announced on 30 October 2025, which is being executed by Merrill Lynch International acting independently within pre-set parameters. The programme is structured to comply with UK and EU market abuse and listing regulations, underlining Shell’s continued use of capital returns via buy-backs as a tool to manage its capital structure and enhance shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £2900.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Continues Share Buy-Back Programme With New Share Repurchases
Positive
Jan 6, 2026

Shell plc has continued executing its previously announced share buy-back programme, repurchasing and cancelling more than 1.47 million shares on 6 January 2026 across the London Stock Exchange and Euronext Amsterdam at volume‑weighted average prices of £27.6788 and €32.0363 respectively. The programme, managed independently by Merrill Lynch International within pre-set parameters and under both UK and EU market abuse and listing rules, underscores Shell’s ongoing capital return strategy and may incrementally enhance earnings per share and support the share price, signalling management’s commitment to shareholder distributions within a tightly regulated framework.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £30.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Share Buy-Back with 1.5 Million Shares Repurchased for Cancellation
Positive
Jan 5, 2026

Shell plc has repurchased a total of 1.5 million shares for cancellation on 5 January 2026 across the London Stock Exchange and Euronext Amsterdam, as part of its ongoing share buy-back programme. The transactions, executed by Merrill Lynch International under pre-set parameters and independent of the company, form a continuation of the buy-back initiative announced in October 2025 and are being carried out in accordance with UK and EU market abuse and listing regulations. The move reflects Shell’s continued use of excess capital for shareholder returns and results in a reduced share count, which can enhance earnings per share and underscores the company’s commitment to disciplined capital allocation within the regulatory framework of its key listing venues.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell Updates Market on Total Voting Rights and Share Capital
Neutral
Dec 31, 2025

Shell plc has disclosed that as of 31 December 2025 its issued share capital comprises 5,718,636,398 ordinary shares with no shares held in treasury, a figure that incorporates shares repurchased under its ongoing buy-back programme that have not yet been cancelled. This updated share count serves as the reference denominator for investors assessing whether they must report holdings or changes in holdings under UK disclosure and transparency rules, providing greater clarity for shareholders and regulators on Shell’s capital structure and voting rights base.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Capital Return with Year-End Share Buy-Back Tranche
Positive
Dec 31, 2025

Shell plc has continued its existing share buy-back programme with the repurchase on 31 December 2025 of a total of 562,006 shares across the London Stock Exchange and Euronext Amsterdam for cancellation, executed in both GBP and EUR. The latest tranche, carried out independently by Merrill Lynch International under pre-set parameters, underscores Shell’s ongoing capital return strategy to shareholders and is being conducted strictly within UK and EU market abuse and listing regulations, highlighting the company’s focus on regulatory compliance while reducing its share count and potentially enhancing earnings per share.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Continues 2025 Buy-Back With Fresh Share Repurchases for Cancellation
Positive
Dec 30, 2025

Shell plc has executed another tranche of its ongoing share buy-back programme, repurchasing and cancelling a total of 1,863,897 shares on 30 December 2025 across the London Stock Exchange and Euronext Amsterdam, with trades conducted in both sterling and euros. The transactions, carried out independently by Merrill Lynch International within predefined parameters and under UK and EU market abuse and listing rules, form part of the on- and off-market components of a wider capital return initiative announced in late October 2025, underscoring Shell’s continued use of buy-backs as a tool to manage its capital structure and return excess cash to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Cancels 668,000 Shares in Latest Tranche of Ongoing Buyback Programme
Positive
Dec 24, 2025

Shell plc has repurchased 668,327 of its own shares on 24 December 2025 across the London Stock Exchange and Euronext Amsterdam for cancellation, as part of its ongoing share buy-back programme announced in October 2025. The transactions, executed independently by Merrill Lynch International within pre-set parameters, are being carried out both on- and off-market under existing shareholder authorities and in full compliance with UK and EU market abuse and listing regulations, underscoring Shell’s continued capital-return strategy and disciplined approach to managing its share capital for investors.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Executive/Board ChangesDividendsRegulatory Filings and Compliance
Shell Executives Receive Additional Shares Through Q3 2025 Dividend Reinvestment
Neutral
Dec 24, 2025

Shell plc disclosed that several senior executives, including Chief Executive Officer Wael Sawan and Chief Financial Officer Sinead Gorman, received additional Shell shares on 22 December 2025 through the automatic reinvestment of the company’s third-quarter 2025 interim dividend. The dividend shares relate to stock previously awarded under annual bonus and employee share plans and were acquired across Shell’s listings in Amsterdam, London and New York at prevailing market prices. The transactions, made public under EU and UK market abuse regulations, underline ongoing alignment between management compensation and shareholder returns, but do not represent discretionary open-market purchases by the executives.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Continues Share Buy-Back Programme With New Share Repurchases for Cancellation
Positive
Dec 23, 2025

Shell plc has repurchased a total of 1,456,156 of its own shares on 23 December 2025 across the London Stock Exchange and Euronext Amsterdam for cancellation, as part of its ongoing share buy-back programme announced in late October 2025. The transactions, executed independently by Merrill Lynch International within pre-set parameters, are being carried out under Shell’s existing on- and off‑market repurchase authorities and in full compliance with UK and EU market abuse and listing regulations, underlining the company’s continued capital-return strategy to shareholders and disciplined approach to balance-sheet management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Share Buy-Back Programme With New Share Purchases for Cancellation
Positive
Dec 22, 2025

Shell plc has repurchased a total of 1,464,165 of its own shares on 22 December 2025 across the London Stock Exchange and Euronext Amsterdam as part of its ongoing share buy-back programme, with the purchased shares designated for cancellation. The transactions, executed independently by Merrill Lynch International within preset parameters, form part of the company’s broader capital return strategy and are conducted under its existing shareholder authorities and in full compliance with UK and EU market abuse and listing regulations, underscoring Shell’s continued focus on shareholder distributions and adherence to regulatory standards in its buy-back activities.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Continues Capital Return Drive With December Share Buy-Back
Positive
Dec 19, 2025

Shell plc has repurchased a total of 1,967,666 of its own shares on 19 December 2025 across the London Stock Exchange and Euronext Amsterdam for cancellation, as part of its ongoing share buy‑back programme announced at the end of October. The buy‑back, executed by Merrill Lynch International under preset parameters and in compliance with UK and EU market abuse and listing regulations, continues Shell’s capital return strategy to shareholders by reducing the number of shares in issue, which can enhance earnings per share and underscore management’s commitment to disciplined balance sheet and capital allocation policies.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Continues Capital Return Drive with December Share Buy-Back
Positive
Dec 18, 2025

Shell plc has repurchased a total of 1,486,776 of its own shares for cancellation on 18 December 2025 across the London Stock Exchange and Euronext Amsterdam as part of its ongoing share buy-back programme announced on 30 October 2025. The transactions, executed independently by Merrill Lynch International within pre-set parameters and under the company’s existing authorities, are being conducted in compliance with UK and EU market abuse and listing regulations, underscoring Shell’s continued capital-return strategy and disciplined approach to managing its share capital for the benefit of shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell plc Advances Share Buyback Initiative in Compliance with Market Regulations
Positive
Dec 17, 2025

Shell plc has announced the purchase of its own shares as part of its ongoing buyback programme that began in October 2025. This initiative, carried out with the support of Merrill Lynch International, aims to enhance shareholder value. The programme complies with regulatory frameworks such as the UK Listing Rules and Market Abuse Regulation (MAR), reflecting Shell’s adherence to corporate governance standards and market practices.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Enhances Shareholder Value with Strategic Buy-Back
Positive
Dec 16, 2025

Shell plc announced the purchase of over 2.3 million shares for cancellation as part of its ongoing share buy-back program. This initiative, managed by Merrill Lynch International, aims to enhance shareholder value and is conducted in compliance with UK and EU regulations, reflecting Shell’s strategic financial management and commitment to returning capital to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell Announces Share Buy-Back as Part of Ongoing Program
Neutral
Dec 15, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, initially announced in October 2025. This program is designed to enhance shareholder value and is being executed with the assistance of Merrill Lynch International, following regulatory guidelines set by UK and EU market regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back to Enhance Shareholder Value
Positive
Dec 12, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program. This initiative, managed by Merrill Lynch International, is designed to enhance shareholder value and is conducted in compliance with UK and EU regulations. The buy-back program reflects Shell’s strategic financial management and commitment to returning capital to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £40.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell Announces Share Buy-Back Program Execution
Positive
Dec 11, 2025

Shell plc has announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, which involves both on- and off-market transactions, is managed by Merrill Lynch International and is set to continue until January 2026. The buy-back program is conducted under strict regulatory frameworks, including the UK Listing Rules and Market Abuse Regulations, reflecting Shell’s commitment to enhancing shareholder value and maintaining compliance with financial regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyExecutive/Board Changes
Shell Announces Strategic Board Changes for 2026
Positive
Dec 11, 2025

Shell plc has announced changes to its Board of Directors, with Catherine Hughes and Neil Carson stepping down, and Holly Koeppel and Clare Scherrer joining as Non-Executive Directors effective January 1, 2026. These appointments are expected to bring extensive international energy industry experience and financial leadership to the company, potentially enhancing its strategic direction and value creation, while Sir Andrew Mackenzie will take over as Chair of the Sustainability Committee.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Dec 10, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, managed independently by Merrill Lynch International, aims to enhance shareholder value and is conducted in compliance with UK and EU market regulations. The program reflects Shell’s strategic focus on optimizing its capital structure and returning capital to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back Program to Enhance Capital Structure
Positive
Dec 9, 2025

Shell plc announced the repurchase of its shares as part of an ongoing buy-back program, which was initially revealed on October 30, 2025. The program, managed by Merrill Lynch International, involves both on-market and off-market transactions, adhering to UK and EU regulations. This strategic move is aimed at optimizing the company’s capital structure and potentially increasing shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell Enhances Shareholder Value with Buy-Back Program
Positive
Dec 8, 2025

Shell plc announced the purchase of its own shares on December 8, 2025, as part of its ongoing share buy-back program. This initiative, managed by Merrill Lynch International, aims to enhance shareholder value by reducing the number of shares in circulation, and is conducted in compliance with UK and EU market regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Dividends
Shell Announces Q3 2025 Euro and GBP Dividend Payments
Neutral
Dec 8, 2025

Shell plc announced the euro and GBP equivalent dividend payments for the third quarter of 2025, with shareholders having the option to receive dividends in US dollars, euros, or pounds sterling. This decision reflects Shell’s ongoing commitment to providing shareholder value while navigating the complexities of currency fluctuations and market conditions.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3077.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Announces Share Buy-Back as Part of Capital Strategy
Positive
Dec 5, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 30 October 2025. This move, executed through various trading venues, is part of Shell’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning and investor relations.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £3100.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back as Part of Strategic Program
Positive
Dec 4, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program, which was initially announced in October 2025. The program is structured to include both on-market and off-market purchases, with trading decisions made independently by Merrill Lynch International. This initiative is expected to enhance shareholder value and is conducted in compliance with relevant UK and EU regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Shell Completes Exchange Offers to Optimize Capital Structure
Neutral
Dec 4, 2025

Shell plc announced the final results of its exchange offers to migrate existing notes from Shell International Finance and BG Energy Capital to Shell Finance US. This move aims to optimize the company’s capital structure and align its indebtedness with its U.S. operations, with a total of $6.35 billion in notes accepted for exchange. The settlement and issuance of new notes are expected to occur on December 8, 2025, marking a strategic step in Shell’s financial management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell Announces Share Buy-Back Program to Optimize Capital Structure
Positive
Dec 3, 2025

Shell plc announced the repurchase of its own shares as part of an ongoing buy-back program. This initiative, which involves both on-market and off-market transactions, is managed independently by Merrill Lynch International and adheres to UK and EU regulations. The buy-back program is expected to enhance shareholder value and optimize the company’s capital structure.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back Program to Optimize Capital Structure
Positive
Dec 2, 2025

Shell plc announced the repurchase of its shares as part of an ongoing buy-back program, initially announced in October 2025. This initiative is managed by Merrill Lynch International and aims to optimize the company’s capital structure, potentially enhancing shareholder value. The buy-back program is conducted in compliance with UK and EU regulations, reflecting Shell’s commitment to adhering to financial governance standards.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Dec 1, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, which involves both on- and off-market transactions, is managed by Merrill Lynch International and is designed to enhance shareholder value by reducing the number of shares in circulation. The program adheres to regulatory frameworks, including UK and EU Market Abuse Regulations, ensuring compliance with legal standards.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Nov 28, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, which was initially announced on 30 October 2025. This buy-back initiative is designed to optimize the company’s capital structure and enhance shareholder value, with Merrill Lynch International independently managing the trading decisions. The program is conducted in compliance with UK and EU regulations, ensuring transparency and adherence to legal standards.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell Announces Total Voting Rights and Capital Structure Update
Neutral
Nov 28, 2025

Shell plc announced that its capital as of November 28, 2025, consists of 5,750,420,233 ordinary shares, with no shares held in Treasury. This figure is crucial for shareholders to determine their interest in the company under the FCA’s Disclosure Guidance and Transparency Rules, especially considering the shares purchased under Shell’s buy-back program that are not yet cancelled.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Executes Share Buy-Back to Enhance Shareholder Value
Positive
Nov 27, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. The transaction, executed on November 27, 2025, involved the cancellation of shares purchased across various trading venues. This buy-back initiative, managed by Merrill Lynch International, is part of a strategic effort to optimize the company’s capital structure and enhance shareholder value. The program will adhere to regulatory frameworks, including the UK Listing Rules and the Market Abuse Regulation, ensuring compliance with both EU and UK laws.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3097.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell Announces Share Buy-Back to Enhance Shareholder Value
Positive
Nov 26, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back programme, which was initially announced on 30 October 2025. This programme, managed independently by Merrill Lynch International, is conducted under strict regulatory frameworks, including the UK and EU Market Abuse Regulations, and aims to enhance shareholder value by reducing the number of shares in circulation.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £3000.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Advances Share Buy-Back Program
Positive
Nov 25, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which was previously announced in October 2025. This initiative is being executed both on-market and off-market, with Merrill Lynch International independently making trading decisions. The program is aligned with UK and EU regulations and aims to optimize Shell’s capital structure, potentially enhancing shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £3000.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell plc Advances Share Buy-Back Program to Optimize Capital Structure
Positive
Nov 24, 2025

Shell plc has announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, managed by Merrill Lynch International, is designed to optimize the company’s capital structure and potentially enhance shareholder value. The program will be conducted in compliance with UK and EU regulations, reflecting Shell’s commitment to regulatory adherence and strategic financial management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back to Enhance Market Position
Positive
Nov 21, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. This initiative, managed by Merrill Lynch International, is designed to optimize the company’s capital structure and is conducted in compliance with UK and EU regulations. The buy-back program is expected to impact Shell’s market positioning by potentially increasing shareholder value and enhancing financial flexibility.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Nov 20, 2025

Shell plc announced the repurchase of its own shares as part of an ongoing buy-back program, initially declared on 30 October 2025. This program, managed by Merrill Lynch International, involves both on-market and off-market transactions, adhering to UK and EU regulations. The initiative is expected to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Nov 19, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program initiated on 30 October 2025. This move is part of the company’s strategy to manage its capital structure and return value to shareholders. The buy-back program is conducted in compliance with UK and EU regulations, with Merrill Lynch International independently managing the trading decisions. The program is expected to impact Shell’s share value and market perception positively, reinforcing its commitment to shareholder returns.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Advances Share Buy-Back Program to Enhance Shareholder Value
Positive
Nov 18, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program, which was previously announced on 30 October 2025. The program, managed by Merrill Lynch International, is designed to be conducted both on-market and off-market, adhering to regulatory frameworks such as the UK Listing Rules and Market Abuse Regulations. This strategic move is expected to enhance shareholder value and optimize the company’s capital structure.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Shell Extends Early Participation Premium in Exchange Offers
Neutral
Nov 18, 2025

Shell plc has announced the early participation results for its Exchange Offers, which involve exchanging existing notes for new notes issued by Shell Finance US, as part of a strategy to optimize its capital structure and align its debt with its U.S. operations. The company has extended the Early Participation Premium to all eligible holders who tender their notes by December 3, 2025, aiming to enhance participation and streamline its financial operations, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Nov 17, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program, initially announced on 30 October 2025. This initiative, managed by Merrill Lynch International, aims to optimize the company’s capital structure and return value to shareholders, adhering to UK and EU regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3200.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Initiates Share Buy-Back Program to Enhance Shareholder Value
Positive
Nov 14, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program initiated on 30 October 2025. This strategic move, executed independently by Merrill Lynch International, aims to enhance shareholder value and is conducted in compliance with UK and EU regulations. The buy-back program is expected to impact Shell’s market positioning by potentially increasing share value and demonstrating financial strength.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Advances Share Buy-Back Programme
Positive
Nov 13, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back programme, which was initially announced on 30 October 2025. The programme, managed independently by Merrill Lynch International, involves both on-market and off-market purchases and is conducted in compliance with UK and EU regulations. This move is part of Shell’s strategy to manage its capital structure and return value to shareholders, potentially impacting the company’s financial positioning and market perception.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Financial DisclosuresRegulatory Filings and Compliance
Shell Releases Prospectus Supplement and Financial Reports for 2025
Neutral
Nov 13, 2025

Shell International Finance B.V. and Shell plc have released a Prospectus Supplement, alongside various financial documents, including unaudited interim financial reports for 2025. These documents provide essential financial insights and are crucial for stakeholders to understand Shell’s financial positioning and compliance with regulatory requirements.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Announces Share Buy-Back to Enhance Shareholder Value
Positive
Nov 12, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program. This move is part of a strategy to manage its capital structure and return value to shareholders. The buy-back program, managed by Merrill Lynch International, will adhere to regulatory frameworks and is expected to impact the company’s market positioning by potentially increasing shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Nov 11, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, which was initially announced on 30 October 2025. This initiative aims to reduce the number of outstanding shares, potentially increasing the value of remaining shares and returning capital to shareholders. The buy-back program is conducted in compliance with UK and EU regulations, with Merrill Lynch International managing the trading decisions independently of Shell.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell plc Advances Share Buy-Back Program
Positive
Nov 10, 2025

Shell plc announced the purchase of shares for cancellation as part of its ongoing share buy-back program. This initiative is managed by Merrill Lynch International and adheres to both EU and UK Market Abuse Regulations, reflecting Shell’s commitment to optimizing shareholder value and maintaining compliance with regulatory standards.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Announces Share Buy-Back Program to Enhance Shareholder Value
Positive
Nov 7, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which was previously announced on 30 October 2025. The program involves both on-market and off-market purchases, with Merrill Lynch International making independent trading decisions on behalf of Shell. This initiative is expected to enhance shareholder value and is conducted in compliance with UK and EU regulations, reflecting Shell’s commitment to regulatory adherence and strategic financial management.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Announces Share Buy-Back as Part of Capital Optimization Strategy
Neutral
Nov 6, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 30 October 2025. This program, managed by Merrill Lynch International, is designed to optimize the company’s capital structure and is conducted under strict regulatory frameworks, including the UK and EU Market Abuse Regulations.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Enhances Shareholder Value with Strategic Buy-Back Program
Positive
Nov 5, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 30 October 2025. The program, managed by Merrill Lynch International, involves both on- and off-market purchases, adhering to UK and EU regulations. This initiative is expected to enhance shareholder value and reflects Shell’s strategic financial management.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell Announces Share Buy-Back Program Progress
Positive
Nov 4, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 30 October 2025. This program, managed by Merrill Lynch International, involves both on-market and off-market transactions and is conducted under the regulations of the UK and EU Market Abuse Regulations. The buy-back is expected to influence the company’s share value and demonstrate Shell’s commitment to returning value to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £27.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell plc Advances Share Buy-Back Program to Enhance Shareholder Value
Positive
Nov 3, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program. This move is part of a strategic effort to manage capital and enhance shareholder value, with trading decisions being made independently by Merrill Lynch International. The program adheres to regulatory frameworks, including the UK Listing Rules and Market Abuse Regulations, reflecting Shell’s commitment to compliance and strategic financial management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £32.50 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyDividends
Shell Executives Adjust Shareholdings: Strategic Moves by CEO and Chief Legal Officer
Neutral
Nov 3, 2025

Shell plc announced changes in shareholdings by key executives. Wael Sawan, the CEO, opted to reinvest future dividends through a Dividend Reinvestment Plan, holding over 374,808 shares. Meanwhile, Philippa Bounds, the Chief Legal Officer, sold 5,973 shares, totaling £169,274.82. These transactions reflect strategic financial decisions by Shell’s leadership, potentially impacting stakeholder perceptions and the company’s market positioning.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £32.50 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyPrivate Placements and Financing
Shell Initiates Exchange Offers to Optimize Capital Structure
Positive
Nov 3, 2025

Shell plc has announced the commencement of exchange offers for six series of USD notes issued by Shell International Finance B.V. and BG Energy Capital plc. This strategic move aims to optimize Shell’s capital structure by migrating existing notes to Shell Finance US, aligning its indebtedness with its U.S. business operations. The exchange offers are designed to provide eligible holders with new notes that have similar terms to the old notes, with the goal of enhancing financial flexibility and potentially improving the company’s market positioning.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £32.50 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Oct 31, 2025

Shell plc announced the purchase of its own shares on 31 October 2025 as part of its ongoing share buy-back program. This initiative, managed by Merrill Lynch International, is conducted under established regulations and aims to optimize the company’s capital structure, potentially enhancing shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £31.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Stock BuybackRegulatory Filings and Compliance
Shell Announces Total Voting Rights and Capital Update
Neutral
Oct 31, 2025

Shell plc announced its total voting rights and capital as of October 31, 2025, which consists of 5,779,685,977 ordinary shares. This figure is crucial for shareholders to determine their interests under the FCA’s Disclosure Guidance and Transparency Rules, highlighting the company’s ongoing share buy-back program.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £31.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Initiates Share Buy-Back Program to Enhance Capital Structure
Positive
Oct 30, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, which was initially announced on October 30, 2025. This program, managed by Merrill Lynch International, will operate under specific regulatory frameworks, including the UK Listing Rules and Market Abuse Regulations, and is set to run until January 30, 2026. The buy-back initiative is intended to optimize the company’s capital structure and potentially enhance shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £30.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Dividends
Shell Announces Q3 2025 Interim Dividend and Reinvestment Options
Positive
Oct 30, 2025

Shell plc announced an interim dividend for the third quarter of 2025, set at $0.358 per ordinary share. Shareholders have the option to receive dividends in US dollars, euros, or pounds sterling, with specific arrangements for those holding shares through different financial intermediaries. The announcement outlines the dividend timetable and provides details on the Dividend Reinvestment Programmes available for shareholders, reflecting Shell’s commitment to providing value to its investors.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Launches $3.5 Billion Share Buyback Program
Positive
Oct 30, 2025

Shell plc has announced the initiation of a $3.5 billion share buyback program aimed at reducing its issued share capital. The program, which is set to run for approximately three months, involves purchasing shares on various European exchanges and is expected to conclude before the company’s Q4 2025 results announcement. This move is part of Shell’s broader strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and stakeholder interests.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Dividends
Shell Announces 2026 Interim Dividend Timetable
Neutral
Oct 30, 2025

Shell plc has announced the timetable for its 2026 quarterly interim dividends, detailing key dates for announcements, ex-dividend, record, and payment dates. This schedule is crucial for shareholders and reflects Shell’s commitment to maintaining regular dividend payments, which are significant for investor relations and market confidence.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackFinancial Disclosures
Shell Plc Reports Strong Q3 2025 Results and Announces New Share Buyback Program
Positive
Oct 30, 2025

Shell Plc reported its unaudited results for the third quarter of 2025, highlighting a significant increase in income attributable to shareholders due to higher trading margins and sales volumes. The company also announced a new $3.5 billion share buyback program, reflecting its strong cash flow position. Despite a decrease in adjusted earnings and EBITDA compared to the previous year, Shell’s financial health remains robust, with a reduction in net debt and gearing. The company also made strategic decisions regarding its portfolio, including a final investment decision on a gas project in Nigeria and the discontinuation of a biofuels facility in Rotterdam.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Executes Share Buy-Back as Part of Strategic Financial Management
Positive
Oct 24, 2025

Shell plc announced the repurchase of its own shares as part of its ongoing share buy-back program. This transaction, conducted across various trading venues, reflects Shell’s strategic financial management and commitment to returning value to shareholders. The buy-back program is executed in compliance with UK and EU regulations, indicating Shell’s adherence to legal standards and its proactive approach in managing its capital structure.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £3600.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Enhances Market Position with Strategic Share Buy-Back
Positive
Oct 22, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, initially announced in July 2025. This move is aimed at consolidating the company’s market position and optimizing shareholder value, with HSBC Bank plc managing the trading decisions independently. The buy-back program adheres to UK and EU market regulations, ensuring compliance with the relevant financial and market abuse regulations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £2860.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Advances Share Buy-Back Program with Recent Purchase
Positive
Oct 21, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program, which was initially announced on July 31, 2025. This transaction, conducted on October 21, 2025, involved purchasing shares across various trading venues, including LSE, Chi-X, and BATS, among others. The buy-back program is being managed by HSBC Bank plc, which operates independently within pre-set parameters and complies with both EU and UK regulations on market abuse and buy-back programs. This move is part of Shell’s strategy to optimize its capital structure and return value to shareholders, potentially impacting its stock market performance and investor relations.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £2860.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell plc Enhances Shareholder Value with Share Buy-Back
Positive
Oct 20, 2025

Shell plc announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 31 July 2025. This move is part of Shell’s strategy to enhance shareholder value, with HSBC Bank plc independently managing the trading decisions. The program adheres to UK and EU regulations, reflecting Shell’s commitment to regulatory compliance and strategic financial management.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £2860.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Executes Share Buy-Back to Enhance Shareholder Value
Positive
Oct 17, 2025

Shell plc announced the purchase of its own shares as part of its ongoing share buy-back program. This move, executed through various trading venues, is part of a strategy to enhance shareholder value and optimize capital allocation. The buy-back program is conducted in compliance with UK and EU regulations, with HSBC Bank plc independently managing the trading decisions. This initiative reflects Shell’s commitment to maintaining a robust financial structure and delivering value to its stakeholders.

The most recent analyst rating on (GB:SHEL) stock is a Buy with a £2860.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Executes Share Buy-Back Program to Enhance Shareholder Value
Positive
Oct 16, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which was initially announced in July 2025. This move is part of Shell’s strategy to manage its capital structure and return value to shareholders. The buy-back program is being executed in accordance with UK and EU regulations, with HSBC Bank plc making independent trading decisions on behalf of Shell. This initiative reflects Shell’s commitment to optimizing shareholder returns while adhering to regulatory standards.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell plc Advances Share Buy-Back Program
Positive
Oct 15, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which was initially announced in July 2025. This transaction, involving multiple trading venues, is part of the company’s strategy to manage its capital structure and enhance shareholder value. The buy-back program is conducted in compliance with UK and EU regulations, and HSBC Bank plc is independently managing the trading decisions. This move reflects Shell’s commitment to optimizing its financial operations and could have implications for its market positioning and shareholder returns.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock BuybackRegulatory Filings and Compliance
Shell Enhances Shareholder Value with Strategic Buy-Back Program
Positive
Oct 14, 2025

Shell plc has announced the purchase of its own shares as part of an ongoing share buy-back program initiated on 31 July 2025. This initiative is designed to optimize the company’s capital structure and return value to shareholders, with HSBC Bank plc managing the trading independently. The program is being conducted in compliance with UK and EU regulations, reflecting Shell’s commitment to regulatory standards and enhancing shareholder value.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Business Operations and StrategyStock Buyback
Shell Enhances Shareholder Value with Strategic Buy-Back
Positive
Oct 13, 2025

Shell plc announced the purchase of its own shares as part of an ongoing buy-back program, which aims to enhance shareholder value. The transactions were conducted across multiple trading venues and are part of a strategy to manage capital efficiently, reflecting Shell’s commitment to returning capital to shareholders.

The most recent analyst rating on (GB:SHEL) stock is a Hold with a £29.00 price target. To see the full list of analyst forecasts on Shell (UK) stock, see the GB:SHEL Stock Forecast page.

Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: Dec 07, 2025