It cut its LNG production forecast to 6.4 million and 6.8 million metric tons, compared with the earlier projection of 6.6 million to 7.2 million metric tons.
Shell PLC (NYSE: SHEL) revised its Q1 outlook, cutting production guidance for Integrated Gas and Upstream segments due to unplanned maintenance and divestment. Trading & Optimisation to be higher, LNG production forecast adjusted. Cost reduction target raised. SHEH and ABLD offer exposure to the stock.
The following is an update to the first quarter 2025 outlook and gives an overview of our current expectations for the first quarter. Outlooks presented may vary from the actual first quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on May 2, 2025. Unless otherwise indicated, all outlook statements exclude identified items.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
According to a report by The Times, which cited filings with the U.K.’s Financial Conduct Authority, Elliott’s position against Shell is the biggest short position disclosed against the oil major in nearly a decade.
NOTIFICATION AND PUBLIC DISCLOSURE OF TRANSACTIONS BY PERSONS DISCHARGING MANAGERIAL RESPONSIBILITIES IN ACCORDANCE WITH THE REQUIREMENTS OF THE EU AND UK MARKET ABUSE REGIMES
