Shell plc Price & Performance (SHEL)

Shell has announced a sweeping expansion of its cost-reduction program, aiming for $5-7 billion in structural savings by 2028, up from a previous $2-3 billion target. The company will also boost shareholder returns, raising distributions to 40-50% of cash flow from operations, while maintaining a progressive dividend policy.12

Despite a recent uptick in Shell’s share price, analysts are split on its short-term prospects. Some expect continued weakness in the coming weeks due to negative signals, while others maintain a strong buy rating and forecast a 17.8% price increase over the next year, reflecting divergent views on the stock’s trajectory.34

Shell’s latest strategy centers on expanding its LNG business, targeting 4-5% annual sales growth through 2030 and maintaining 1.4 million barrels per day of liquids production. The company is also investing in lower-emission operations and optimizing its chemicals portfolio, aiming for enhanced value and resilience amid energy market volatility.52