- LNG prices are skyrocketing in response to energy shortfall in Europe, with longer-term prospects looking bright as well, given the need for global natural gas supply flexibility.
- The need for flexibility in the global gas market is enhanced by the intermittent nature of the growing supply of wind & solar power, which can leave regional energy gaps.
- Shell is well positioned to take advantage, given its leading role in the global LNG supply chain.
- While Shell's longer-term challenges, such as environmentalist pressures, as well as dwindling upstream reserves are likely to be a drag on its stock performance, shorter-term prospects should push the stock up.
For further details see:
Shell's Financial Results Will Be Greatly Boosted By LNG