On CNBC’s "Halftime Report Final Trades," Jenny Van Leeuwen Harrington of Gilman Hill Asset Management, LLC said Shell plc (NYSE: SHEL) is trading at nine times earnings and also has a 4% dividend yield.
On April 5, Shell updated its first quarter FY24 operational outlook, reflecting lower results from its liquefied natural gas (LNG) trading business. For Integrated Gas, the company updated the production outlook to be 960 – 1,000 thousand boe/d (vs. 930 – 990 thousand boe/d expected earlier) and LNG liquefaction volumes to 7.2 – 7.6 MT (vs. 7.0 – 7.6 ...