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home / news releases / SHEL - Shell: Higher Reserve And An Attractive Valuation

SHEL - Shell: Higher Reserve And An Attractive Valuation

Royal Dutch Shell PLC American Depositary Shares (each representing two (2))

2024-03-22 11:41:01 ET

Summary

  • OPEC+ extends oil production cuts, US crude inventories fall, and higher economic growth forecasts support oil prices.
  • The company communicated more OPEX reduction and higher reserves.
  • Shell's positive factors include the right capital allocation priorities, a cost-saving plan, and better-than-expected remuneration.

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For further details see:

Shell: Higher Reserve And An Attractive Valuation
Stock Information
Company Name: Royal Dutch Shell PLC American Depositary Shares (each representing two (2))
Stock Symbol: SHEL
Market: NYSE
Website: shell.com
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