📢 Recent News & Market Moves

Aug 7: $SHELL today its up🚨🚨🚨🚨 shares slipped 2.77%, underperforming the FTSE 100 (-0.69%), with trading volume at about 7.5M shares.

Jun 25: Reports surfaced of early merger talks between Shell and BP — BP’s stock jumped 7%, SHELL fell ~3%. $SHELL later denied formal discussions.

May (Q1 Results): $SHELL announced a $3.5B share buyback after strong earnings, lifting the stock ~3%.

July: The company warned of weak performance in the Integrated Gas division, causing US-listed shares to fall ~2%. Still, SHEL is up ~12% YTD.

Jul 30 (Q2 Results): Net income fell ~30% due to lower oil prices, weaker gas trading results, and chemical sector slowdown — but earnings still beat analyst expectation