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LNG, Shel
Shell warns of weaker fourth quarter LNG, oil trading
Shell trimmed its liquefied natural gas production outlook for the fourth quarter on Wednesday and said oil and gas trading results are expected to be significantly lower than in the previous three months.
Shell Flags Weaker Q4 LNG Output and Significantly Lower Trading
Shell expects lower profits in the fourth quarter of 2024 due to seasonality, timing issues, and a $1.3 billion charge, impacting LNG production, trading, and renewables.
Shell cuts production forecast for LNG, warns weaker Q4
Shell (NYSE:SHEL) cut its Q4 forecast; LNG liquefaction volumes are expected to be between 6.8 and 7.2 million metric tons, lower than Q3's 7.5 MT, due to lower feedgas and fewer cargos due to the timing of liftings.
Shell trims Q4 LNG production outlook
Shell on Wednesday trimmed its LNG production outlook for the fourth quarter and said trading results for its chemicals and oil products division are expected to be significantly lower than in the third quarter.
3h
on MSN
Shell Stock Falls on Forecast of Q4 Integrated Gas Output Slump
KEY TAKEAWAYS Shell shares are falling in premarket trading Wednesday after the oil giant said it expects to post a large ...
2h
on MSN
Shell Warns of Significantly Lower Integrated Gas Earnings, Cuts Production Guidance
The energy giant said it expects to report significantly lower earnings in its integrated gas division and warned of a $1.3 ...
6h
Shell cuts production forecast for LNG
Shell has cut its liquefied natural gas production forecast for the fourth quarter of 2024 and warned that results from its ...
4h
Shell cuts LNG outlook, with more write-offs due for 2024 year end
Oil and gas giant Shell has reduced its estimates for liquefied natural gas (LNG) production for the last quarter of 2024, ...
3h
Wall Street Breakfast Podcast: Shell Lowers Q4 Outlook, Trims LNG Output
Shell cuts production forecast for LNG, warns weaker Q4. Goodyear to sell Dunlop brand to Sumitomo Rubber in $701M deal.
5h
Shell takes $1.3bn emissions payments hit amid 'significantly lower' profits
Shell has warned of a $1.3billion cashflow impact for the fourth quarter of 2024 due to payments of emissions certificates.
6h
Shell plc (NYSE:SHEL) Shares Sold by GAMMA Investing LLC
GAMMA Investing LLC decreased its holdings in shares of Shell plc (NYSE:SHEL – Free Report) by 18.9% in the fourth quarter, ...
manilatimes
7h
Shell fourth quarter 2024 update note
The following is an update to the fourth quarter 2024 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2024 ...
5h
Shell Flags Lower Gas Volumes, Weaker Trading To End 2024
Shell Plc said it saw lower volumes of natural gas and weaker earnings from trading the fuel in the final three months of ...
1d
Shell upgraded to Overweight from Equal Weight at Morgan Stanley
Morgan Stanley analyst Martijn Rats upgraded Shell (SHEL) to Overweight from Equal Weight with a price target of $79.80, up from $66.50, as ...
1d
Shareholders' climate resolution challenges 'disconnect' in Shell's LNG strategy
Shell's plans to increase sales of liquefied natural gas (LNG) have been called into question by a by major group of ...
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Natural gas
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