Shell PLC (ADR) (N:SHEL)
Business Focus: Integrated Oil & Gas
| Sector: Energy | Industry: Integrated Oil & Gas |
| Company Contact | |
| Address: | Shell Centre, 2 York Road LONDON SE1 7NA |
| Tel: | N/A |
| Website: | https://www.shell.com |
| IR: | See website |
| Key People | ||
| Wael Sawan Chief Executive Officer, Member of the Executive Committee, Executive Director | Sinead Gorman Chief Financial Officer, Executive Director, Member of the Executive Committee | Rachel Solway Chief Human Resources and Corporate Officer, Member of the Executive Committee |
| Philippa Bounds Member of the Executive Committee, Legal Director | Robin Mooldijk Member of the Executive Committee, Projects & Technology Director | Huibert Vigeveno Member of the Executive Committee, Downstream, Renewables and Energy Solutions Director |
| Zoe Yujnovich Member of the Executive Committee, Integrated Gas and Upstream Director | Caroline J. M. Omloo Company Secretary | |
| Business Overview |
| Shell plc is an energy and petrochemical company. It specializes in exploration, production, refining and marketing of oil and natural gas, and the manufacturing and marketing of chemicals. Its segments include Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewable and Energy Solutions, and Corporate. The Integrated Gas segment offers liquefied natural gas, conversion of natural gas into gas-to-liquids fuels and other products. The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. The Marketing segment includes mobility, lubricants, and sectors and decarbonization businesses. The Chemicals and Products segment includes chemicals manufacturing plants with their marketing network, and refineries which turn crude oil and other feedstocks into a range of oil products. The Renewables and Energy Solutions segment offers power activities, comprising electricity generation, marketing and trading of power and pipeline gas. |
| Financial Overview |
| For the fiscal year ended 31 December 2023, Shell PLC (ADR) revenues decreased 17% to $316.62B. Net income decreased 54% to $19.36B. Revenues reflect Chemicals and Products segment decrease of 18% to $118.78B, Asia, Oceania, Africa segment decrease of 21% to $99.97B, Oil Equivalent Production (Barrels/Day) decrease of 5% to 1.8M barrels per day. Net income also reflects Exploration Costs- Canada increase from $92M to $336M. |
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