SHEL Fair Price
$22.92
Undervalued by 66.1%
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My Notes
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SHELL AND DIVIDEND INCREASE
1.Shell's Financial Results in 2023:
- Shell $SHEL beat expectations with a profit of $28.25 billion, although it recorded a 29% decline compared to the previous year.
2. Dividends and Share Buybacks:
- Despite the drop in profits, Shell $SHEL announced a 4% dividend increase and the launch of a $3.5 billion share buyback program.
3. Fourth Quarter...
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Well, those are great results. I was just writing a short status on this sector and so far I'm probably most interested in the US stocks in this sector.
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It's a nice company and I've been watching it recently. However, I don't invest much in this sector, so I probably wouldn't buy its stock. But thanks for the update :)
Too bad there is no poll, but for me definitely Orlen.