Shell plc (SHEL) stock — is it a good business?

Shell plc (SHEL) stock — is it a good business? — InspectStocks

How it makes money

Oil and natural gas production
Liquefied natural gas and gas trading
Refining and fuel sales
Chemicals and lubricants

Competes with

What it sells5

Liquefied natural gas
Natural gas cooled into liquid form so it can be shipped by sea in cargoes.
Oil and natural gas
Energy supplies produced from oil and gas fields and sold to buyers.
Refined fuels
Products made from crude oil, including jet fuel, diesel and gasoline.

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Chemicals
Chemical products made at Shell's petrochemical plants.
Lubricants
Products used to reduce friction and wear in engines and machinery.

Who buys it3

Liquefied natural gas buyers, supplied through term-market sales and spot cargoes.
Buyers of refined fuels such as jet fuel, diesel and gasoline.
Buyers of Shell's chemicals and lubricants.

What it stands on, and what could break it

What the business leans on

1Oil and gas production depends on continued access to operating fields and infrastructure.
2Gas and fuel sales depend on shipping routes and the ability to move products to buyers.
3Trading and refining depend on having supplies available and on changing prices and product margins.

What could go wrong

1Conflict and shipping disruption in the Middle East can affect gas production, liquefied natural gas cargoes and exports; Shell described lost Qatari volumes and disruption to its Pearl gas-to-liquids facility.
2Changes in oil and gas prices and in refining and chemical margins can change the income Shell earns from producing and processing energy products.
3Physical attacks and cyber incidents could disrupt Shell's facilities and operational technology.

Full financial statements →

About Shell plc

Shell produces oil and natural gas, sells liquefied natural gas cargoes, and trades energy supplies. It also refines oil into fuels such as jet fuel, diesel and gasoline, and makes chemicals and lubricants. Its businesses include carbon capture and storage and hydrogen projects.

Head office: London, United Kingdom
Founded: 1907
Listed on: NYSE
Financial year ends: December 31

Built from Shell plc’s own filings with the U.S. Securities and Exchange Commission (SEC). Figures are as reported, with per-share history restated onto today’s share basis. This describes a business — it is not investment advice and not a recommendation to buy or sell anything.

Keep exploring

The themes Shell is part of, the highest-graded companies in its industry, and the companies in its sector whose grade rose recently.

The theme it is part of

Highest-graded in Oil Gas Integrated

Graded A or B and worth $2B or more: A first, then the largest.

All 19 graded companies in its industry

Grade rose recently in Energy

Rose to A or B on a filing in the last 90 days, worth $2B or more: largest first.

All grade rises

How it makes money

Oil and natural gas production
Liquefied natural gas and gas trading
Refining and fuel sales
Chemicals and lubricants

Competes with

What it sells5

Liquefied natural gas
Natural gas cooled into liquid form so it can be shipped by sea in cargoes.
Oil and natural gas
Energy supplies produced from oil and gas fields and sold to buyers.
Refined fuels
Products made from crude oil, including jet fuel, diesel and gasoline.

Show 2 more

Chemicals
Chemical products made at Shell's petrochemical plants.
Lubricants
Products used to reduce friction and wear in engines and machinery.

Who buys it3

Liquefied natural gas buyers, supplied through term-market sales and spot cargoes.
Buyers of refined fuels such as jet fuel, diesel and gasoline.
Buyers of Shell's chemicals and lubricants.

What it stands on, and what could break it

What the business leans on

1Oil and gas production depends on continued access to operating fields and infrastructure.
2Gas and fuel sales depend on shipping routes and the ability to move products to buyers.
3Trading and refining depend on having supplies available and on changing prices and product margins.

What could go wrong

1Conflict and shipping disruption in the Middle East can affect gas production, liquefied natural gas cargoes and exports; Shell described lost Qatari volumes and disruption to its Pearl gas-to-liquids facility.
2Changes in oil and gas prices and in refining and chemical margins can change the income Shell earns from producing and processing energy products.
3Physical attacks and cyber incidents could disrupt Shell's facilities and operational technology.

Full financial statements →

About Shell plc

Head office: London, United Kingdom
Founded: 1907
Listed on: NYSE
Financial year ends: December 31

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Shell plc

Keep exploring

The theme it is part of

Highest-graded in Oil Gas Integrated

Grade rose recently in Energy

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Shell plc

Keep exploring

The theme it is part of

Highest-graded in Oil Gas Integrated

Grade rose recently in Energy

Oil majors

Shell plc

Growth & cash — 1 of 5

Business trend

Share price and grade over time

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Shell plc

Keep exploring

The theme it is part of

Highest-graded in Oil Gas Integrated

Grade rose recently in Energy

How it makes money

Competes with

What it sells5

Who buys it3

What it stands on, and what could break it

What the business leans on

What could go wrong

About Shell plc

Keep exploring

The theme it is part of

Highest-graded in Oil Gas Integrated

Grade rose recently in Energy

Oil majors

Shell plc

Past performance

Growth & cash — 1 of 5

Business trend

Share price and grade over time