Shell (SHEL)

Sector:

Energy Producers

Index:

FTSE 100

2,793.50p
   
  • Change Today:
    -41.00p
  • 52 Week High: 2,946.00
  • 52 Week Low: 2,318.50
  • Currency: UK Pounds
  • Shares Issued: 6,295m
  • Volume: 8,139,291
  • Market Cap: £175,855m

Sector movers: Miners, Big Oil weigh on FTSE 350

By Alexander Bueso

Date: Tuesday 04 Jun 2024

LONDON (ShareCast) - (Sharecast News) - Commodity related stocks were the chief drag on the FTSE 350 amid a combination of growth concerns and risk aversion.
Industrial miners were on the back foot as copper futures on COMEX gave back around 2.5%, against a backdrop of worries about slower growth and bullish bets by traders at the LME and CME around two-year highs, according to analysts at SP Angel.

Oil majors BP and Shell were hammered as crude oil futures continued to slide towards their lows from the turn of the year.

Weighing on the oil market were indications from oil cartel OPEC+ at the weekend that it would start to gradually ease some of its productions curbs beginning in October.

Risk aversion more generally buoyed the Greenback throughout much of the session, although by the London close it was unchanged, which in turn likely added to the selling in the commodity space.

"Oil is on track for its fifth consecutive day of lower prices and has so far fallen by around 9% from last week's high amid concerns that from October onwards there will be a glut of the black gold," said Axel Rudolph, senior market analyst at IG.

"OPEC+ allowed for voluntary cuts from eight member countries to be gradually unwound then. The gold price also tumbled by over 1% while that of silver by over 4%."

Top performing sectors so far today

Gas, Water & Multiutilities 5,752.81 +2.38%

Investment Banking and Brokerage Services 14,706.09 +1.34%

Media 12,382.76 +1.21%

Travel & Leisure 7,610.26 +0.94%

Industrial Support Services 11,384.76 +0.93%

Bottom performing sectors so far today

Precious Metals and Mining 10,336.69 -3.40%

Leisure Goods 24,748.65 -3.02%

Oil, Gas and Coal 8,902.58 -2.72%

Industrial Metals & Mining 6,876.55 -2.36%

Chemicals 8,962.09 -1.84%



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Shell Market Data

Currency UK Pounds
Share Price 2,793.50p
Change Today -41.00p
% Change -1.45 %
52 Week High 2,946.00
52 Week Low 2,318.50
Volume 8,139,291
Shares Issued 6,295m
Market Cap £175,855m

Shell Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
77.91% above the market average77.91% above the market average77.91% above the market average77.91% above the market average77.91% above the market average
73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average73.68% below the sector average
Price Trend
71.38% above the market average71.38% above the market average71.38% above the market average71.38% above the market average71.38% above the market average
72.15% above the sector average72.15% above the sector average72.15% above the sector average72.15% above the sector average72.15% above the sector average
Income
70.56% above the market average70.56% above the market average70.56% above the market average70.56% above the market average70.56% above the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Growth
1.56% below the market average1.56% below the market average1.56% below the market average1.56% below the market average1.56% below the market average
10.2% below the sector average10.2% below the sector average10.2% below the sector average10.2% below the sector average10.2% below the sector average

What The Brokers Say

Strong Buy 7
Buy 9
Neutral 6
Sell 0
Strong Sell 0
Total 22
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Shell Dividends

  Latest Previous
  1st Interim 4th Interim
Ex-Div 16-May-24 15-Feb-24
Paid 24-Jun-24 25-Mar-24
Amount 34.40¢ 34.40¢

Trades for 19-Jul-2024

Time Volume / Share Price
17:19 12,697 @ 2,801.50p
17:19 12,697 @ 2,801.50p
16:13 67 @ 2,797.00p
16:19 1 @ 2,797.00p
16:18 0 @ 2,796.50p

Shell Key Personnel

CFO Sinead Gorman
CEO Wael Sawan

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