Shell PLC
SHELL: XAMS (NLD)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€97.00 | Nzrt | Zklmmpjmn |
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.