Shell PLC

SHELL: XAMS (NLD)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
€97.00NzrtZklmmpjmn

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.

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