Shell Remains Undervalued Despite Buyback Record, Company Restructuring -- Market Talk

Dow Jones

Jan 09, 2025

1314 GMT - Shell is undervalued by investors given it has the best buyback record in the sector and a strong balance sheet, UBS analysts write. Shares in the London-based energy giant are down 10% since July despite its restructuring and retreat from green-energy investments, the analysts write. Shell can surpass its $2-3 billion savings target by the end of the 2025 and has the opportunity to make an additional $6 billion in cost savings, UBS says. Shell's valuation gap with its U.S. peers has narrowed to around 50%, and it could fall further as its renewed focus on oil and gas assets delivers results, they write. UBS upgrades the stock rating to buy from neutral and increases its target price to 30 pounds. Shares trade up 1.4% at 26.16 pounds. (adam.whittaker@wsj.com)

(END) Dow Jones Newswires

January 09, 2025 08:14 ET (13:14 GMT)

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Shares in the London-based energy giant are down 10% since July despite its restructuring and retreat from green-energy investments, the analysts write. Shell can surpass its $2-3 billion savings target by the end of the 2025 and has the opportunity to make an additional $6 billion in cost savings, UBS says. Shell's valuation gap with its U.S. peers has narrowed to around 50%, and it could fall further as its renewed focus on oil and gas assets delivers results, they write. UBS upgrades the stock rating to buy from neutral and increases its target price to 30 pounds. Shares trade up 1.4% at 26.16 pounds. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 09, 2025 08:14 ET (13:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shell Remains Undervalued Despite Buyback Record, Company Restructuring -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nShell Remains Undervalued Despite Buyback Record, Company Restructuring -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-01-09 21:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     1314 GMT - Shell is undervalued by investors given it has the best buyback record in the sector and a strong balance sheet, UBS analysts write. Shares in the London-based energy giant are down 10% since July despite its restructuring and retreat from green-energy investments, the analysts write. Shell can surpass its $2-3 billion savings target by the end of the 2025 and has the opportunity to make an additional $6 billion in cost savings, UBS says. Shell's valuation gap with its U.S. peers has narrowed to around 50%, and it could fall further as its renewed focus on oil and gas assets delivers results, they write. UBS upgrades the stock rating to buy from neutral and increases its target price to 30 pounds. Shares trade up 1.4% at 26.16 pounds. (adam.whittaker@wsj.com) \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  January 09, 2025 08:14 ET (13:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SHEL","symbol_name":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2502148530","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2502148530","pubTimestamp":1736428440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"1314 GMT - Shell is undervalued by investors given it has the best buyback record in the sector and a strong balance sheet, UBS analysts write. Shares in the London-based energy giant are down 10% since July despite its restructuring and retreat from green-energy investments, the analysts write. Shell can surpass its $2-3 billion savings target by the end of the 2025 and has the opportunity to make an additional $6 billion in cost savings, UBS says. Shell's valuation gap with its U.S. peers has narrowed to around 50%, and it could fall further as its renewed focus on oil and gas assets delivers results, they write. UBS upgrades the stock rating to buy from neutral and increases its target price to 30 pounds. Shares trade up 1.4% at 26.16 pounds. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"SHEL":"SHELL PLC SPON ADS EACH REPR 2 ORD SHS","LU0278409577.USD":"MANULIFE GLOBAL FUND-GLOBAL RESOURCES FUND \"AA\" (USD) INC","BK4201":"综合性石油与天然气企业","LU0300736492.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) INC","BK4588":"碎股","LU0320765646.SGD":"FTIF - Franklin Income A MDIS SGD-H1","LU1162221912.USD":"FRANKLIN INCOME \"A\" (USD) ACC","BK4585":"ETF&股票定投概念","LU2236285917.USD":"ALLIANZ GLOBAL INCOME \"AMG\" (USD) INC","LU0300736062.USD":"FRANKLIN NATURAL RESOURCES \"A\" (USD) ACC","LU0098860793.USD":"FRANKLIN INCOME \"A\" INC"},"translate_title":"尽管有回购记录和公司重组，壳牌仍被低估——市场讨论","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"SHEL":0.9},"content_text":"1314 GMT - Shell is undervalued by investors given it has the best buyback record in the sector and a strong balance sheet, UBS analysts write. Shares in the London-based energy giant are down 10% since July despite its restructuring and retreat from green-energy investments, the analysts write. Shell can surpass its $2-3 billion savings target by the end of the 2025 and has the opportunity to make an additional $6 billion in cost savings, UBS says. Shell's valuation gap with its U.S. peers has narrowed to around 50%, and it could fall further as its renewed focus on oil and gas assets delivers results, they write. UBS upgrades the stock rating to buy from neutral and increases its target price to 30 pounds. Shares trade up 1.4% at 26.16 pounds. (adam.whittaker@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 09, 2025 08:14 ET (13:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"buyback","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}