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Publication date: November 11, 2024
- Year of incorporation: 1907
- Year added to the AEX: 1983
- Highest price ever: €38 in 2023
- Average trading volume:Approximately 5.9 million shares per day
- Share price performance over the past 12 months: +2.6%
Introduction about the company
Shell plc, commonly known as Shell, is a global energy company headquartered in London, United Kingdom. The company operates in various sectors of the energy industry, including oil, gas, petrochemicals and renewables. Shell is listed on Euronext Amsterdam under the symbol SHELL and is known for its extensive global presence and commitment to the energy transition.
Core figures & performance
In 2023, Shell reported revenue of $262 billion and net income of $20.1 billion. The company has about 100,000 employees worldwide and serves customers in more than 70 countries. Its market capitalization is approximately $188 billion (measured April 15, 2024.) Shell maintains a dividend policy focused on consistent distributions to shareholders, supported by strong financial performance and a focus on capital return.
History & development
Shell was founded in 1907 through the merger of the Royal Dutch Petroleum Company and the "Shell" Transport and Trading Company. Since then, the company has developed into one of the world's largest energy companies. In recent years, Shell has made significant strides in the energy transition, with investments in renewable energy, hydrogen and carbon capture and storage. In 2024, Shell published its Energy Transition Strategy, in which the company affirmed to invest $10-15 billion in energy transition projects between 2023 and the end of 2025.
Sector & competition
Shell operates within the global energy industry, with competitors such as BP, ExxonMobil and TotalEnergies. The industry is characterized by an increasing focus on sustainability and the transition to low-carbon energy sources. Shell distinguishes itself through its integrated business model and commitment to the energy transition, with investments in both traditional and renewable energy sources.
Influence of Shell on the AEX
As one of the largest listed companies in the Netherlands, Shell has a significant influence on the AEX index, with a weighting of approximately 15.7% (measured in 2024). As a result, Shell's share price developments have a significant impact on the AEX, especially when quarterly results and strategic announcements are published. Shell is considered a heavyweight within the AEX, which means that changes in the stock can often affect the broader index.
Investment analysis & outlook
Investment analysts consider Shell to be a solid investment, thanks to its strong market position and ability to adapt to changing market conditions. Its focus on the energy transition and investments in low-carbon energy sources offer growth potential, although factors such as oil price volatility and regulation can pose challenges. Shell's strategy to create more value with fewer emissions supports the company's long-term outlook.
The chart below shows Shell's share price performance over the past 5 years compared with the AEX index. While there are some similarities in the price movements, Shell's course differs significantly more than that of other stocks in the AEX.
News & updates
Recently, Shell released its energy transition strategy for 2024, highlighting the company's commitment to low-carbon energy solutions. Shell confirmed that between 2023 and the end of 2025 it will invest $10-15 billion in energy transition projects, including electric vehicle charging points, biofuels, renewable energy, hydrogen and carbon capture and storage.
These initiatives are part of Shell's long-term strategy to become a net-zero emission energy company by 2050. For more information on Shell's performance and strategic plans, please visit its official website: Shell
Disclaimer: Investing involves risk. Our analysts are not financial advisors. Always consult an advisor when making financial decisions. The information and tips provided on this website are based on our analysts' own insights and experiences. They are therefore for educational purposes only.
