Shell PLC ADR (Representing - Ordinary Shares)
SHEL: XNYS (USA)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
$79.00 | Mmtrq | Vylpkndg |
Shell Earnings: Strong Integrated Gas Performance Drives Results Past Expectations
No-moat Shell's adjusted first-quarter earnings fell to $7.7 billion from $9.6 billion the year before on weakness across all segments. However, results surpassed expectation largely on greater-than-anticipated integrated gas segment earnings. Our fair value estimate is unchanged.