OakChart

Shell Plc ADR

SHELEnergy·Oil & Gas Integrated·United Kingdom·Mega·NYSE·Nov 11 • 3:59 PM ET

97.86+0.59 (0.61%)
2026-11-11 23:30 CET
Market cap
275,792.55 USD m
Revenue, TTM
321,191.01 USD m
Net income, TTM
32,704.10 USD m
Free cash flow, TTM
34,599.00 USD m
EPS diluted, TTM
11.53
P/E
8.49
Compare

Price

SHEL against its 20, 50 and 200-day averages
2050200beat
80.0090.00100.00110.005.6M11.1MVolumeMay 26Jun 26Jul 26Aug 26Sep 26Oct 26Nov 26SHELclose 97.8620-day 103.8750-day 99.45200-day 89.4097.8652w high

10.5% under the 52-week high of 109.37 on 30 Oct 2026. 52-week low 68.63 on 8 Jan 2026. Last 15 sessions, 13.6% high to low

Volume 0.80× normal · the line is the 50-bar volume average

Profile

SHEL
52-week range, 72% of the way up
68.62109.37

Shell plc engages in the exploration, production, and marketing of oil, natural gas, petrochemicals, and electricity. It operates through the following segments: Integrated Gas, Upstream, Chemicals and Products, Marketing, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes LNG production, liquefaction, shipping, trading, regasification, and gas-to-liquids operations. The Upstream segment includes exploration and production of crude oil, natural gas, and natural gas liquids from conventional and deep water fields. The Chemicals and Products segment includes crude oil refining, base chemicals and intermediates manufacturing, and trading and supply operations. The Marketing segment includes retail service stations, lubricants including Shell Helix and Shell Rimula, business-to-business fuels, marine and aviation fuels, bitumen, and hydrogen fueling. The Renewables and Energy Solutions segment includes onshore and offshore wind, solar, carbon capture and storage, nature-based solutions, EV charging through Shell recharge, and power trading. The Corporate segment includes treasury, central finance, and group holding activities. The company was founded in February 1907 and is headquartered in London, the United Kingdom.

Employees85000
IPOJul 20, 1954
Beta0.07
ATR, 14d2.06
Rel volume0.80
Short float0.56%
Insider own0.01%
Inst own13.18%

Snapshot

6 groups

Valuation

Index-
Market Cap277.47B
Enterprise Value318.19B
Income32.70B
Sales321.19B
Book/sh69.53
Cash/sh12.85
Dividend Est.3.15 (3.22%)
Dividend TTM3.02 (3.09%)
Dividend Ex-DateNov 13, 2026
Dividend Gr. 3/5Y11.59% 21.09%
Payout47.64%
Employees85000
IPOJul 20, 1954

Ratios

P/E8.49
Forward P/E8.54
PEG0.55
P/S0.86
P/B1.41
P/C7.62
P/FCF8.02
EV/EBITDA4.36
EV/Sales0.99
Quick Ratio1.09
Current Ratio1.38
Debt/Eq0.38
LT Debt/Eq0.34
Option/ShortYes / Yes

Earnings

EPS (ttm)11.53
EPS next Y11.46
EPS next Q3.53
EPS this Y110.03%
EPS next Y-13.40%
EPS next 5Y15.52%
EPS past 3/5Y-19.21% -
Sales past 3/5Y-11.28% 8.53%
EPS Y/Y TTM136.13%
Sales Y/Y TTM18.22%
EPS Q/Q138.13%
Sales Q/Q37.02%
EarningsOct 29 BMO
EPS/Sales Surpr.7.22% -0.43%

Ownership

Insider Own0.01%
Insider Trans0.00%
Inst Own13.18%
Inst Trans-14.22%
ROA8.19%
ROE17.48%
ROIC12.31%
Gross Margin19.46%
Oper. Margin15.65%
Profit Margin10.18%
SMA20-5.78%
SMA50-1.60%
SMA2009.46%
Trades-

Technical

Shs Outstand2.85B
Shs Float2.83B
Short Float0.56%
Short Ratio2.63
Short Interest16.01M
52W High109.37 -10.52%
52W Low68.62 42.60%
Volatility2.22% 1.60%
ATR (14)2.06
RSI (14)39.28
Beta0.07
Rel Volume0.80
Avg Volume6.09M
Volume4,841,843

Performance

Perf Week-3.93%
Perf Month-4.98%
Perf Quarter8.83%
Perf Half Y15.22%
Perf YTD33.18%
Perf Year27.07%
Perf 3Y49.18%
Perf 5Y121.15%
Perf 10Y98.58%
Recom2.16
Target Price112.27
Prev Close97.27
Price97.86
Change %0.61%

Analyst ratings

latest 10 of 20
DateActionAnalystRating changeTargetImplied
Sep 04, 2026UpgradeMMorgan StanleyEqual-Weight → Overweight$101.30+3.5%
Aug 27, 2026UpgradeEErste GroupHold → Buy
Jul 23, 2026ResumedPPiper SandlerNeutral$88-10.1%
Jul 20, 2026InitiatedMMizuhoNeutral$98+0.1%
May 18, 2026UpgradeHHSBC SecuritiesHold → Buy
May 05, 2026DowngradeEErste GroupBuy → Hold
Apr 17, 2026DowngradeBBNP Paribas ExaneOutperform → Neutral$101+3.2%
Mar 24, 2026DowngradeMMorgan StanleyOverweight → Equal-Weight
Jan 26, 2026DowngradeRRBC Capital MktsOutperform → Sector Perform
Dec 05, 2025DowngradeBBofA SecuritiesBuy → Neutral

Peers

Mkt cap
TickerCompanyMkt cap
TTETotalEnergies SE194.10B
BPBP plc ADR116.57B
CVXChevron Corp419.19B
XOMExxonMobil Holdings Corp680.05B
EEni Spa ADR81.44B
EQNREquinor ASA ADR98.81B
PBRPetroleo Brasileiro SA Petrobras ADR66.31B
COPConoco Phillips163.00B
OXYOccidental Petroleum Corp57.23B
PSXPhillips 66100.90B

Held by

AUM
TickerCompanyAUM
DFIVDimensional International Value ETFAUM: 22.39B
AVDEAvantis International Equity ETFAUM: 19.73B
DFICDimensional International Core Equity 2 ETFAUM: 15.45B
FENIFidelity Enhanced International ETFAUM: 11.73B
DFAXDimensional World ex U.S. Core Equity 2 ETFAUM: 12.02B
AVIVAvantis International Large Cap Value ETFAUM: 2.09B
FVDFirst Trust Value Line Dividend Index FundAUM: 8.21B
EIPIFT Energy Income Partners Enhanced Income ETFAUM: 1.09B
BDYNiShares Dynamic Equity Active ETFAUM: 3.07B
GMIEGMO International Equity Fund ETF ClassAUM: 241.36M

News

latest 14 of 100

Quarterly earnings

actual against estimate
PeriodReportedEPS actEPS estEPS repSales actSales estAnalysts
2026Q32026-10-293.8603.6004.26092,84893,24518
2026Q22026-07-303.5203.0643.84694,66486,22417
2026Q12026-05-072.4402.1361.99369,69177,54215
2025Q42026-02-051.1401.2311.42464,09362,64419
2025Q32025-10-301.8601.6831.79168,15368,40317
2025Q22025-07-311.4401.2911.21465,40662,52516
2025Q12025-05-021.8401.6281.57669,23473,38515
2024Q42025-01-301.2001.3450.29666,28161,36016
2024Q32024-10-311.9201.6971.37271,08969,49716
2024Q22024-08-011.9801.8841.09774,46369,33214
2024Q12024-05-022.4001.9332.26172,47878,69413
2023Q42024-02-012.2201.8240.14478,73276,85714
2023Q32023-11-021.8601.8632.07976,35083,74315
2023Q22023-07-271.5001.7020.91874,57866,80714
2023Q12023-05-042.7802.1002.51786,95977,96414
2022Q42023-02-022.7802.2952.945101,30394,34816

Annual earnings

PeriodEPS actEPS estEPS repSales actSales est
2019FY4.0804.2833.922344,877343,265
2020FY1.2401.267-5.605180,543213,584
2021FY4.9804.7345.149261,504279,310
2022FY10.86010.28711.412381,314388,381
2023FY8.4007.9825.716316,620330,932
2024FY7.5207.6775.060284,312301,320
2025FY6.3006.3806.000266,886270,824
2026FY-13.232--359,345
2027FY-11.459--334,729
2028FY-9.713--306,989
2029FY-9.469--304,522
2030FY-9.933--304,812

Estimate revisions

last 14 periods
PeriodTypeDateEstimatesUpDownMeanLowHigh
2026Q4S2026-10-30981100,67589,193113,040
2026Q4S2026-10-2997196,55966,909109,145
2026Q4S2026-10-1997195,14066,909109,145
2026Q4S2026-10-1497194,08066,909109,145
2026Q4S2026-10-1397192,60266,909109,145
2026Q4S2026-10-0997290,05866,909109,145
2026Q4S2026-10-0897288,53866,909109,145
2026Q4S2026-10-0797288,40766,909107,969
2026Q4S2026-10-0697186,86866,909107,969
2026Q4S2026-10-0597186,91266,909107,969
2026Q4S2026-09-2597184,56366,909107,969
2026Q4S2026-09-1597181,93166,90991,678
2026Q4S2026-09-0997281,93166,90991,678
2026Q4S2026-08-2197280,44466,90991,678

Estimate history

EPS, annual3.1545.5853.922-5.6055.14911.4125.7165.066.01111.5279
Period201720182019202020212022202320242025TTM
EPS, quarterly1.3720.2961.5761.2141.7911.4241.9933.8464.265
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Sales, annual308490.514384637.58341439.588171293.197261521.837369396.89301379.659273871.193257932.349321191.01
Period201720182019202020212022202320242025TTM
Sales, quarterly71818.09568245.29869499.82166215.54767727.44763979.43169574.19594835.47192801.912
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26
Shares, annual2290.9682226.1452067.1942043.472042.823489.8023249.9553046.2162848.6182854.049
Period201720182019202020212022202320242025MRQ
Shares, quarterly3100.0393046.2162996.7412944.8722894.4162848.6182808.5782774.7642854.049
PeriodQ3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26Q3 '26

Income statement, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Total Revenue321,191.01257,932.35273,871.19301,379.66369,396.89261,521.84171,293.20341,439.59384,637.58
Cost of Goods Sold Incl. D&A258,691.43224,966.49237,556.92264,655.86308,403.55223,605.36169,578.96308,801.04344,584.41
Gross Profit62,499.5832,965.8636,314.2736,723.7960,993.3437,916.481,714.2332,638.5540,053.17
Selling, General and Administrative Excl. Other12,229.0713,391.2213,543.7014,777.0613,845.4512,141.5510,871.9211,502.4212,325.13
Research and Development973.681,172.731,099.461,291.991,074.34814.90914.06965.98984.33
Other Operating Expense0.000.000.000.000.000.000.000.000.00
Operating Income50,270.5119,574.6422,770.5821,946.7447,147.8925,774.93-9,157.6921,136.1327,728.04
Interest Expense4,945.253,716.673,885.633,924.152,743.313,155.623,587.693,855.902,669.48
Unusual Expense2,599.543,467.083,508.487,461.81-1,012.374,026.5216,874.25-650.68-2,707.41
Net Income Before Taxes48,740.8228,203.7526,940.3329,014.0359,192.4525,728.93-28,973.6421,971.5831,461.72
Income Taxes17,073.1611,664.1913,406.6413,041.3521,927.469,197.90-5,475.269,090.4811,695.19
Consolidated Net Income32,885.8518,161.3416,527.9519,712.1142,847.5420,627.54-21,701.5116,500.0223,865.58
Net Income From Continuing Operations32,704.1017,878.6816,100.7719,434.0442,282.8920,098.61-21,848.6515,907.5823,312.52
Net Income32,704.1017,878.6816,100.7719,434.0442,282.8920,098.61-21,848.6515,907.5823,312.52
EPS (Recurring)12.226.835.837.2511.225.87-2.573.815.13
EPS (Basic, Before Extraordinaries)11.636.075.115.7711.515.18-5.613.955.63
EPS (Diluted)11.536.015.065.7211.415.15-5.613.925.58
EBITDA72,976.8343,845.2246,327.4945,799.8470,009.7749,247.1316,469.1246,995.7450,149.07
Non-Operating Income (Expense)6,018.1015,812.8711,563.8618,453.2513,775.497,136.15645.994,040.663,695.74
Other After Tax Adjustments0.000.000.000.000.000.000.000.000.00
Stock Option Compensation Expense-581.86549.23527.03653.27436.54293.05436.77429.38
Price To Earnings Ratio8.368.3612.537.354.6937.42-12.1310.64
Price To Sales Ratio0.840.850.730.740.570.650.800.700.63
Gross Margin19.4612.7813.2612.1916.5114.501.009.5610.41
Operating Margin15.657.598.317.2812.769.86-5.356.197.21
Net Margin10.186.935.886.4511.457.69-12.764.666.06
Shares Outstanding2,854.052,848.623,046.223,249.953,489.802,042.822,043.472,067.192,226.14
Market Capitalization275,792.55275,792.55191,766.97203,257.29188,968.5690,869.7873,519.40125,173.80123,666.96

Income statement, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q22025Q12024Q4
Total Revenue92,801.9194,835.4769,574.2063,979.4367,727.4566,215.5569,499.8268,245.30
Cost of Goods Sold Incl. D&A72,621.9375,812.0756,261.5553,995.8856,397.6455,509.6656,955.8455,618.47
Gross Profit20,179.9819,023.4013,312.659,983.5611,329.8110,705.8912,543.9812,626.83
Selling, General and Administrative Excl. Other2,589.713,070.552,965.023,603.793,511.933,396.533,036.613,528.97
Research and Development231.88277.50166.72297.57406.45281.44185.71327.93
Other Operating Expense0.000.000.000.000.000.000.000.00
Operating Income17,590.2615,952.8410,347.636,379.777,817.887,309.369,507.369,097.85
Interest Expense1,167.421,116.021,470.531,191.281,275.981,088.311,124.301,201.75
Unusual Expense918.54747.354.99928.66911.271,221.94311.194,254.19
Net Income Before Taxes17,093.5115,139.379,405.217,102.727,370.695,329.158,376.044,320.56
Income Taxes5,837.104,957.963,564.022,714.072,488.362,360.864,098.683,134.66
Consolidated Net Income12,138.9710,824.575,748.354,173.965,386.163,689.104,893.721,031.35
Net Income From Continuing Operations12,051.0210,840.605,684.464,128.035,288.773,645.574,798.35919.40
Net Income12,051.0210,840.605,684.464,128.035,288.773,645.574,798.35919.40
EPS (Recurring)4.494.031.991.652.011.501.651.25
EPS (Basic, Before Extraordinaries)4.303.882.011.441.811.231.590.30
EPS (Diluted)4.263.851.991.421.791.211.580.30
EBITDA23,256.4521,521.9116,076.0112,122.4613,604.5212,839.9814,657.0614,872.81
Non-Operating Income (Expense)1,589.211,049.90535.102,843.891,740.07330.03304.16676.67
Other After Tax Adjustments0.000.000.000.000.000.000.000.00
Stock Option Compensation Expense130.03-207.66316.0432.79129.84-426.88455.49
Price To Earnings Ratio8.3611.9615.3414.9215.8914.4112.6512.53
Price To Sales Ratio0.840.740.990.800.780.770.790.69
Gross Margin21.7520.0619.1315.6016.7316.1718.0518.50
Operating Margin18.9516.8214.879.9711.5411.0413.6813.33
Net Margin12.9911.438.176.457.815.516.901.35
Shares Outstanding2,854.052,774.762,808.582,848.622,894.422,944.872,996.743,046.22
Market Capitalization275,792.55216,188.50261,456.48209,381.26207,224.56187,584.16193,328.38191,766.97

Balance sheet, annual

Currency USD, millions
Metric2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY
Cash & Short Term Investments30,216.0039,110.0038,774.0040,246.0036,970.0031,830.0018,055.0026,741.0020,312.00
Short Term Receivables44,597.0045,860.0053,273.0066,510.0053,208.0033,625.0043,414.0037,076.0045,929.00
Inventories22,216.0023,426.0026,019.0031,894.0025,258.0019,457.0024,071.0021,117.0025,223.00
Other Current Assets10,144.0019,530.0016,049.0027,288.0011,369.005,783.007,149.0012,548.003,940.00
Total Current Assets107,173.00127,926.00134,115.00165,938.00126,805.0090,695.0092,689.0097,482.0095,404.00
Net Property, Plant & Equipment185,077.00185,219.00194,835.00198,642.00194,932.00210,847.00238,349.00205,281.00207,865.00
Total Investments and Advances29,951.0026,074.0028,504.0027,808.0028,027.0028,478.0026,486.0028,977.0036,068.00
Long-Term Note Receivable6,620.004,555.004,111.004,291.005,179.006,318.006,645.006,006.006,852.00
Intangible Assets26,672.0025,512.0026,913.0025,701.0024,693.0022,822.0023,486.0023,586.0024,180.00
Deferred Tax Assets8,173.006,857.006,454.007,815.0012,426.0016,311.0010,524.0012,097.0013,791.00
Other Assets6,684.0011,466.0011,338.0012,829.0012,317.003,797.006,157.0025,765.0022,937.00
Total Assets370,350.00387,609.00406,270.00443,024.00404,379.00379,268.00404,336.00399,194.00407,097.00
Short Term Debt Incl. Current Port. of LT Debt9,128.0011,630.009,931.009,001.008,218.0016,899.0015,064.0010,134.0011,795.00
Accounts Payable28,140.0029,767.0034,591.0042,632.0034,136.0022,664.0029,497.0030,351.0035,217.00
Income Tax Payable3,149.004,648.003,422.004,869.003,254.006,006.006,693.007,497.00-
Other Current Liabilities41,998.0048,989.0047,523.0064,809.0048,686.0028,382.0028,370.0029,831.0032,755.00
Total Current Liabilities82,415.0095,034.0095,467.00121,311.0094,294.0073,951.0079,624.0077,813.0079,767.00
Long Term Debt66,515.0065,448.0071,610.0074,794.0080,868.0091,115.0081,360.0066,690.0073,870.00
Provision for Risks Charges28,547.0027,979.0030,080.0031,141.0037,129.0042,478.0034,816.0033,186.0038,213.00
Deferred Tax Liabilities11,983.0013,505.0015,347.0016,186.0012,547.0010,463.0014,522.0014,837.0013,007.00
Other Liabilities5,571.005,475.005,404.006,995.004,215.002,724.003,551.004,134.004,428.00
Total Liabilities195,031.00207,441.00217,908.00250,427.00229,053.00220,731.00213,873.00196,660.00209,285.00
Non-Equity Reserves0.000.000.000.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.000.000.000.00
Common Equity174,392.00178,307.00186,607.00190,472.00171,966.00155,310.00186,476.00198,646.00194,356.00
Total Shareholders Equity174,392.00178,307.00186,607.00190,472.00171,966.00155,310.00186,476.00198,646.00194,356.00
Accumulated Minority Interest927.001,861.001,755.002,125.003,360.003,227.003,987.003,888.003,456.00
Total Equity175,319.00180,168.00188,362.00192,597.00175,326.00158,537.00190,463.00202,534.00197,812.00
Total Liabilities & Stockholders Equity370,350.00387,609.00406,270.00443,024.00404,379.00379,268.00404,336.00399,194.00407,097.00
Book Value Per Share61.2258.5357.4254.5844.8839.8847.4748.5146.69
Tangible Book Value Per Share51.8650.1649.1447.2272.0964.8378.8578.6474.28
Full-Time Employees85,000104,000106,00093,00082,00087,00083,00081,00084,000
Price to Book Ratio1.401.091.081.041.050.911.271.231.42
Return on Assets4.724.064.589.985.13-5.583.965.783.21
Return on Equity10.148.8210.3123.3312.28-12.788.2611.866.89
Return on Invested Capital7.426.617.5315.947.95-8.875.948.794.89
Quick Ratio1.031.101.131.101.080.960.860.980.88
Current Ratio1.301.351.401.371.341.231.161.251.20

Cash flow, annual

Currency USD, millions
MetricTTM2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY
Net Income49,938.0829,825.5429,934.5932,753.4664,775.0029,825.45-27,176.7835,273.4223,865.58
Depreciation24,072.2323,244.1923,679.9623,911.3222,861.8823,472.2025,626.8128,819.8122,097.58
Other Funds (Non Cash)-11,719.58-10,452.37-3,126.31-12,458.10-16,603.75-1,423.8327,675.63-20,695.32849.56
Funds from Operations62,290.7342,617.3650,488.2444,206.6971,033.1451,873.8226,125.6643,397.9146,812.72
Extraordinary Item0.000.000.000.000.000.000.000.000.00
Changes in Working Capital-7,087.19-1,807.212,062.877,868.38-5,430.65-10,365.764,643.85-4,798.783,436.18
Cash from Operating Activities55,203.5440,810.1552,551.1052,075.0765,602.4941,508.0530,769.5138,599.1350,248.90
Capital Expenditures-20,604.54-18,991.28-19,609.25-23,082.12-22,586.05-18,997.74-16,714.01-23,066.09-22,972.09
Net Assets From Acquisitions-0.98-18.04-15.01-22.09-1,963.790.00-42.330.000.00
Sale of Fixed Assets and Businesses3,005.091,150.681,621.682,574.941,430.1214,250.302,508.364,822.888,336.88
Purchase or Sale of Investments-1,231.07-731.71-312.13-877.39-1,604.01182.98281.172,128.78712.79
Purchase of Investments-1,761.92-1,972.60-1,484.62-1,404.42-2,231.62-696.92-1,251.66-951.92-878.51
Sale Or Maturity of Investments530.861,240.891,172.49527.03627.61879.901,532.833,080.701,591.30
Other Uses-1,958.88-2,869.69-3,839.61-2,835.95-2,638.37-3,527.58-3,257.14-3,577.750.00
Other Sources2,241.282,631.134,577.934,285.552,058.732,927.653,264.202,933.09141.76
Cash from Investing Activities-18,550.10-18,828.90-17,576.39-19,957.06-25,303.37-5,164.38-13,959.75-16,759.09-13,780.66
Cash Dividends Paid-8,478.48-8,491.80-8,671.65-8,425.53-7,400.43-6,252.25-7,481.75-15,260.91-15,648.50
Change in Capital Stock-13,554.05-15,214.47-14,693.18-15,566.10-19,018.26-3,173.62-2,100.21-11,409.03-5,053.44
Repurchase of Common Pref Stock-13,554.05-15,214.47-14,693.18-15,566.10-19,018.26-3,173.62-2,100.21-11,409.03-5,053.44
Sale of Common Pref Stock0.000.000.000.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-54.89-9,169.38-9,623.05-9,870.11-7,867.14-19,726.605,628.45-3,429.14-8,316.91
Change in Long Term Debt0.000.000.000.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.000.000.000.00
Net Financing Active Other Cash Flow-536.951,111.59-889.37-41.16-2,003.76-1,512.82852.58-587.42-583.01
Other Financing Activities Uses-630.70-147.34-889.37-766.96-2,003.76-1,512.82-313.42-587.42-583.01
Cash from Financing Activities-32,909.47-31,764.06-33,877.25-33,902.90-36,289.59-30,665.35-3,100.94-30,686.51-29,601.87
Exchange Rate Effect-375.11868.02-761.32307.19-735.55-538.94173.34124.51-448.24
Net Change in Cash3,368.85-8,914.78336.14-1,477.713,273.985,139.3913,882.16-8,721.966,418.13
Free Cash Flow34,599.0021,818.8732,941.8628,992.9443,016.4422,510.3214,055.4915,533.0427,276.80
Preferred Dividends (Cash Flow)-0.000.000.000.000.000.000.000.00
Price to Free Cash Flow10.2816.408.2110.885.9210.4220.84879.1620.92
Deferred Taxes & Investment Tax Credit-0.000.000.000.000.000.000.000.00

Balance sheet, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Cash & Short Term Investments36,425.0031,374.0023,117.0030,216.0033,053.0032,682.00
Short Term Receivables58,874.0052,938.0053,891.0044,597.0045,287.0045,570.00
Inventories29,773.0026,639.0028,700.0022,216.0022,913.0023,283.00
Other Current Assets16,742.0011,882.0013,453.0010,144.0019,922.0020,062.00
Total Current Assets141,814.00122,833.00119,162.00107,173.00121,176.00121,597.00
Net Property, Plant & Equipment203,374.00182,300.00185,708.00185,077.00183,907.00186,461.00
Total Investments and Advances29,490.0030,034.0029,706.0029,951.0025,986.0026,373.00
Intangible Assets26,332.0025,418.0026,062.0026,672.0025,580.0027,670.00
Deferred Tax Assets5,565.006,606.007,474.008,173.008,088.007,524.00
Other Assets5,737.005,306.005,192.006,684.005,527.0010,980.00
Total Assets420,573.00380,513.00380,598.00370,350.00377,738.00387,920.00
Short Term Debt Incl. Current Port. of LT Debt8,941.008,542.0010,060.009,128.0010,022.0010,457.00
Accounts Payable70,928.0060,742.0064,288.0057,770.0056,816.0058,379.00
Income Tax Payable5,815.004,349.003,883.003,149.003,447.003,642.00
Other Current Liabilities17,303.0011,981.0015,242.0012,368.0019,336.0019,542.00
Total Current Liabilities102,987.0085,614.0093,473.0082,415.0089,621.0092,020.00
Long Term Debt67,134.0064,534.0065,585.0066,515.0063,955.0065,218.00
Provision for Risks Charges28,282.0028,393.0028,775.0028,547.0028,828.0027,759.00
Deferred Tax Liabilities14,790.0011,831.0011,884.0011,983.0011,955.0012,921.00
Other Liabilities7,867.008,359.006,280.005,571.005,556.006,913.00
Total Liabilities221,060.00198,731.00205,997.00195,031.00199,915.00204,831.00
Non-Equity Reserves0.000.000.000.000.000.00
Preferred Stock - Carrying Value0.000.000.000.000.000.00
Common Equity198,435.00180,786.00173,583.00174,392.00175,824.00181,138.00
Total Shareholders Equity198,435.00180,786.00173,583.00174,392.00175,824.00181,138.00
Accumulated Minority Interest1,078.00995.001,018.00927.001,999.001,951.00
Total Equity199,513.00181,781.00174,601.00175,319.00177,823.00183,089.00
Total Liabilities & Stockholders Equity420,573.00380,512.00380,598.00370,350.00377,738.00387,920.00
Book Value Per Share69.5365.1561.8061.2260.7561.51
Tangible Book Value Per Share60.3055.9952.5351.8651.9152.11
Full-Time Employees---85,000--
Price to Book Ratio1.401.251.521.211.161.06
Return on Assets8.196.754.874.713.793.50
Return on Equity17.4814.3410.6410.138.067.47
Return on Invested Capital4.544.422.381.712.211.48
Quick Ratio1.091.120.971.031.101.07
Current Ratio1.381.431.271.301.351.32

Cash flow, quarterly

Currency USD, millions
Metric2026Q32026Q22026Q12025Q42025Q32025Q2
Net Income17,975.6015,764.929,312.376,885.207,877.976,068.97
Depreciation6,405.816,190.385,733.375,742.664,261.046,753.21
Other Funds (Non Cash)-3,256.33-4,738.891,491.50-5,215.86-356.26-1,049.12
Funds from Operations21,125.0817,216.4216,537.247,412.0011,782.7511,773.06
Extraordinary Item0.000.000.000.000.000.00
Changes in Working Capital-636.523,427.72-11,159.271,280.87-13.88-401.98
Cash from Operating Activities20,488.5620,644.135,377.978,692.8711,768.8611,371.08
Capital Expenditures-7,575.07-4,034.83-3,750.70-5,243.93-4,527.77-5,457.18
Net Assets From Acquisitions0.000.000.00-0.988.15-0.12
Sale of Fixed Assets and Businesses2,436.04370.38301.49-102.82747.18-54.83
Purchase or Sale of Investments-147.87-104.52-364.39-614.28682.39-408.32
Purchase of Investments-342.77-206.62-445.25-767.27-347.01-428.67
Sale Or Maturity of Investments194.90102.1080.86152.991,029.4120.35
Other Uses-373.70-690.38-341.43-553.38-485.71-430.24
Other Sources514.68177.00692.84856.77900.92364.50
Cash from Investing Activities-5,145.93-4,282.36-3,462.19-5,659.63-2,674.83-5,986.20
Cash Dividends Paid-2,150.55-2,166.72-2,096.48-2,064.73-2,089.10-2,149.59
Preferred Dividends (Cash Flow)0.000.000.000.000.000.00
Change in Capital Stock-3,154.82-3,007.80-3,598.96-3,792.47-3,740.53-3,587.81
Repurchase of Common Pref Stock-3,154.82-3,007.80-3,598.96-3,792.47-3,740.53-3,587.81
Sale of Common Pref Stock0.000.000.000.000.000.00
Proceedsfrom Stock Options0.000.000.000.000.000.00
Issuance or Reduction of Debt, Net-4,681.44-2,838.61-2,779.33-41.62-2,675.78-4,148.17
Change in Long Term Debt0.000.000.000.000.000.00
Issuance of Long Term Debt0.000.000.000.000.000.00
Reduction of Long Term Debt0.000.000.000.000.000.00
Net Financing Active Other Cash Flow-277.85-1.48-323.4665.84-71.77876.60
Other Financing Activities Uses-277.85-1.48-323.46-27.91-5.46-27.64
Cash from Financing Activities-10,264.65-8,014.61-8,798.23-5,831.98-8,578.19-9,008.97
Exchange Rate Effect-28.94-101.29-204.66-40.23-111.42662.31
Net Change in Cash5,049.048,245.88-7,087.10-2,838.97404.43-2,961.78
Free Cash Flow12,913.4916,609.301,627.273,448.937,241.095,913.90
Price to Free Cash Flow10.2810.6626.9815.9913.5211.74

Revenue breakdown

Asia Oceania And Africa2024: 98.34B 2025: 90.84B
Europe2024: 92.48B 2025: 91.81B
Other Americas2024: 28.40B 2025: 26.51B
United States2024: 65.09B 2025: 57.73B
Chemicals And Products2024: 90.92B 2025: 77.07B
Corporate2024: 43.00M 2025: 39.00M
Integrated Gas2024: 37.29B 2025: 38.46B
Marketing2024: 120.09B 2025: 111.86B
Renewables And Energy Solutions2024: 29.37B 2025: 34.36B
Upstream2024: 6.61B 2025: 5.11B

Short interest

shares short against float, oldest to newest
SettlementOf floatShares shortFloatAvg volume
2026-10-300.56%16.0M2835.9M6.10M
2026-10-150.68%19.4M2842.4M6.51M
2026-09-300.72%20.5M2850.9M6.34M
2026-09-150.70%19.9M2858.1M6.42M
2026-08-310.81%23.2M2864.4M6.35M
2026-08-140.85%23.7M2787.7M6.62M
2026-07-310.97%26.9M2787.7M7.00M
2026-07-151.00%27.8M2787.7M7.28M
2026-06-301.06%29.6M2787.7M7.61M
2026-06-151.07%29.9M2787.7M7.92M
2026-05-291.04%29.0M2787.7M8.17M
2026-05-151.01%28.2M2788.0M7.90M
2026-04-300.76%21.2M2791.7M7.82M
2026-04-150.44%12.2M2797.2M7.26M
2026-03-310.43%12.0M2806.5M7.07M
2026-03-130.37%10.3M2815.0M6.05M
2026-02-270.31%8.8M2818.8M5.26M
2026-02-130.35%10.0M2838.2M5.13M
2026-01-300.35%9.9M2838.4M4.61M
2026-01-150.44%12.6M2834.0M4.43M

Option chain

expiry 2026-11-13
TypeStrikeBidAskLastIVOpen intVolumeDeltaThetaVega
call50.0045.8049.2048.146.97014.0014.000.995-0.1100.001
call55.0040.8044.2043.146.13514.0014.000.994-0.1090.001
call60.0035.8039.7038.075.8710.006.000.993-0.1070.001
call65.0032.0034.7033.155.1132.006.000.992-0.1050.002
call70.0025.8029.2029.053.9952.000.000.956-0.5190.006
call75.0020.8024.700.003.7270.000.000.947-0.4940.007
call80.0016.5019.800.003.1390.000.000.936-0.4640.009
call83.0013.5016.2019.602.3972.000.000.926-0.4420.010
call84.0012.5015.200.002.2780.000.000.922-0.4340.010
call85.0010.8014.7017.102.4425.000.000.918-0.4250.010
call86.0010.5013.200.002.0410.000.000.913-0.4150.011
call87.009.5012.100.001.8660.000.000.908-0.4050.011
call88.008.9011.609.192.0114.001.000.902-0.3940.012
call89.007.8010.6017.301.8841.000.000.887-0.4140.013
call90.007.309.6012.431.7567.000.000.870-0.4330.015
call91.005.908.600.001.6270.000.000.851-0.4480.016
call92.004.507.600.001.4960.000.000.828-0.4590.018
call93.004.205.908.601.05213.000.000.823-0.3950.018
call94.002.605.007.650.97312.000.000.791-0.3940.020
call95.002.154.002.900.8431.0015.000.724-0.4640.023
call96.001.303.600.000.9370.000.000.638-0.5930.026
call97.000.902.601.000.7797.0016.000.581-0.5110.027
call98.000.550.700.600.27835.0028.000.488-0.3460.028
call99.000.151.250.210.42614392.000.419-0.5270.027
call1000.050.250.100.34617953.000.341-0.4880.025
call1010.000.100.070.33568.001.000.221-0.3180.021
call1020.000.050.030.35210,0400.000.184-0.3210.018
call1030.002.600.050.41763.000.000.157-0.3180.017
call1040.000.750.100.49555.000.000.095-0.2110.012
call1050.000.100.030.53910,51515.000.069-0.1640.009
call1060.000.050.290.51540.000.000.046-0.0850.008
call1070.002.150.050.6572730.000.037-0.1070.006
call1080.000.752.150.71359.000.000.027-0.0840.004
call1090.000.450.570.76814.000.000.025-0.0860.004
call1100.002.150.050.8224210.000.024-0.0870.004
call1110.002.150.250.87417.000.000.023-0.0890.004
call1120.001.900.100.9253.000.000.021-0.0900.004
call1130.001.150.240.97764.000.000.021-0.0910.003
call1140.001.250.451.0271010.000.020-0.0930.003
call1150.002.100.061.0765.000.000.019-0.0940.003
call1160.002.150.001.1250.000.000.018-0.0950.003
call1170.002.100.001.1730.000.000.017-0.0960.003
call1180.002.150.201.22015.000.000.017-0.0970.003
call1190.002.150.001.2660.000.000.016-0.0980.003
call1200.002.150.001.3120.000.000.016-0.0990.003
call1210.002.150.001.3570.000.000.015-0.0990.003
call1220.002.150.001.4010.000.000.015-0.1000.003
call1230.002.150.001.4450.000.000.015-0.1010.003
put50.000.002.150.003.8900.000.00-0.005-0.1120.001
put55.000.002.150.003.4010.000.00-0.006-0.1110.001
put60.000.002.150.002.9350.000.00-0.007-0.1090.001
put65.000.000.050.002.8890.000.00-0.023-0.2820.004
put70.000.002.150.002.9520.000.00-0.044-0.5200.006
put75.000.002.150.002.4440.000.00-0.052-0.4950.007
put80.000.000.750.001.9570.000.00-0.064-0.4640.009
put83.000.002.150.001.6720.000.00-0.074-0.4410.010
put84.000.001.150.201.5775.000.00-0.078-0.4330.010
put85.000.002.150.001.4830.000.00-0.082-0.4240.010
put86.000.002.150.001.3880.000.00-0.087-0.4140.011
put87.000.002.150.001.2940.000.00-0.092-0.4040.011
put88.000.002.150.001.1990.000.00-0.098-0.3930.012
put89.000.002.150.001.1040.000.00-0.113-0.4130.013
put90.000.002.150.091.0092050.00-0.129-0.4320.015
put91.000.002.150.090.9125.000.00-0.149-0.4470.016
put92.000.001.350.050.8159.005.00-0.171-0.4570.018
put93.000.001.850.160.71512.000.00-0.177-0.3920.018
put94.000.000.400.300.6133920.00-0.209-0.3920.020
put95.000.000.750.500.67311.000.00-0.276-0.4620.023
put96.000.001.400.780.76686.000.00-0.362-0.5910.026
put97.000.651.300.800.61515.004.00-0.419-0.5090.027
put98.000.251.851.820.64229.000.00-0.512-0.3430.028
put99.000.803.602.451.0769.0030.00-0.581-0.5250.027
put1001.704.903.301.26019032.00-0.659-0.4850.025
put1012.604.703.151.0161590.00-0.779-0.3160.021
put1023.606.203.901.33571.000.00-0.815-0.3180.018
put1034.907.607.231.6130.000.00-0.843-0.3160.017
put1045.908.809.501.7305.000.00-0.881-0.2650.014
put1056.608.606.701.4208.000.00-0.931-0.1620.009
put1068.2010.909.202.07316.005.00-0.938-0.1650.009
put1078.9011.207.011.88518.000.00-0.963-0.1040.006
put1089.9012.202.351.98438.000.00-0.973-0.0810.004
put10910.0013.000.001.9890.000.00-0.975-0.0820.004
put11011.0014.500.002.3070.000.00-0.976-0.0840.004
put11112.9015.506.152.4001.000.00-0.977-0.0850.004
put11213.9016.900.002.6690.000.00-0.978-0.0860.004
put11314.9016.900.002.2920.000.00-0.979-0.0870.003
put11415.9018.900.002.8480.000.00-0.980-0.0890.003
put11516.0019.500.002.7500.000.00-0.981-0.0900.003
put11617.4020.900.003.0200.000.00-0.982-0.0910.003
put11718.9021.500.002.9150.000.00-0.982-0.0910.003
put11819.9022.200.002.8450.000.00-0.983-0.0920.003
put11920.9023.900.003.2660.000.00-0.983-0.0930.003
put12021.0024.200.002.9970.000.00-0.984-0.0940.003
put12122.1025.200.003.0710.000.00-0.984-0.0950.003
put12223.0026.200.003.1430.000.00-0.985-0.0950.003
put12324.9027.000.003.1060.000.00-0.985-0.0960.003

Latest SEC filings

30
FiledFormDescriptionPeriodLink
2026-11-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-02SEC
2026-11-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-11-02SEC
2026-10-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-30SEC
2026-10-296-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-29SEC
2026-10-136-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-12SEC
2026-10-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-07SEC
2026-10-026-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-10-02SEC
2026-09-286-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-28SEC
2026-09-1425-NSESEC
2026-09-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-02SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-09-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-09-01SEC
2026-08-056-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-05SEC
2026-08-036-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-08-03SEC
2026-07-316-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-31SEC
2026-07-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-30SEC
2026-07-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-30SEC
2026-07-306-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-30SEC
2026-07-29SD/ASEC
2026-07-13CERTSEC
2026-07-096-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-09SEC
2026-07-07SDSpecialized Disclosure ReportSEC
2026-07-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-07SEC
2026-07-076-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-06SEC
2026-07-016-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-07-01SEC
2026-06-298-A12BSEC
2026-06-2611-KAnnual reports of employee stock purchase, savings and similar plans pursuant to Section 15(d)2025-12-31SEC
2026-06-156-KCurrent report of foreign issuer pursuant to Rules 13a-16 and 15d-162026-06-12SEC
2026-06-08EFFECTEffectiveness filing by commission orderSEC

Insider activity by month

MonthBoughtBuysSoldSells
2026-110000
2026-100000
2026-090000
2026-080000
2026-070000
2026-060000
2026-050000
2026-040000
2026-030000
2026-020000
2026-010000
2025-120000
2025-110000

Institutional holders

Manager% owned
FMR LLC2.99%
Fisher Asset Management, LLC0.96%
DIMENSIONAL FUND ADVISORS LP0.93%
MORGAN STANLEY0.39%
GOLDMAN SACHS GROUP INC0.38%
PRICE T ROWE ASSOCIATES INC /MD/0.35%
Orbis Allan Gray Ltd0.32%
BANK OF AMERICA CORP /DE/0.28%
Mawer Investment Management Ltd.0.26%
ARROWSTREET CAPITAL, LIMITED PARTNERSHIP0.24%

Funds

Fund% owned
Capital World Growth & Income Fund0.89%
American Balanced Fund0.71%
EUPAC Fund0.47%
Capital Income Builder0.40%
Strategic Advisers Fidelity U.S. Total Stock Fund0.33%
THE DFA INTERNATIONAL VALUE SERIES0.30%
American Funds Fundamental Investors0.28%
Dimensional International Value ETF0.26%
Fidelity Series Large Cap Stock Fund0.22%
Fidelity Series International Value Fund0.20%

OakChart. SHEL. Cached 15 minutes.

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