Report
Shell Plc : Time to pause after excellent period of outperformance
>Brent assumption down by $ 8 / barrel = c. $ 4-5bn impact on CFFO - Now using $ 72 Brent. Today we downward adjusting our earnings forecast for Shell on the back of a weaker oil price scenario. We now assume Brent to average $ 72/barrel in 2025 & 2026 (previously $ 80), and in later years to stay at around $ 70 / barrel. Rule of thumb at Shell is that a $ 10 per barrel decline in the oil price will translate into a $ 5-6bn per annum decline in cash flow and earn...
Underlying
SHELL PLC
Provider
Oddo BHF
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
Thijs Berkelder
Other Reports on these Companies
Other Reports from Oddo BHF
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.