Shell plc Closed Now

Shell plc, known formerly as Royal Dutch Shell, is one of the world’s largest publicly traded energy companies and a core Supermajor in the oil and gas sector. Headquartered in London (co‐incorporated in The Hague), Shell was formed in 1907 through the merger of two major hydrocarbon businesses from the Netherlands and the UK, combining to compete with Standard Oil globally globaldata.com+4Wikipedia+4Statista+4.

In fiscal year 2024, Shell reported revenues of approximately US $284.3 billion, placing it among the top oil‑and‑gas giants in the world following ExxonMobil and Sinopec Statista+1Wikipedia+1. Its adjusted net income reached around US $16.5 billion, marking a profitable yet challenged year amid volatility in oil prices Wikipedia+1Reddit+1.

Shell operates vertically across the energy value chain—from upstream oil and gas exploration and production, refining, marketing, liquified natural gas (LNG), petrochemicals, to power generation and cleaner energy initiatives MarketScreenerglobaldata.comStatista. It manages over 44,000 retail service stations globally, and its LNG and chemicals divisions contribute significantly to profitability MarketScreener.

Facing market pressure and geopolitical volatility, Shell has embarked on cost-cutting and efficiency measures under CEO Wael Sawan. Initiatives include reducing workforce in upstream/exploration units by around 20%, with expected savings of up to US $3 billion by end of 2025, and narrowing focus to its most profitable segments like LNG reuters.com+2theguardian.com+2ft.com+2. Recent Q2 2025 results showed adjusted earnings down ~32% to US $4.3 billion due to lower commodity prices and tariff-related volatility, although shareholder returns through dividends and share buybacks remain strong thetimes.co.uk.

In parallel, Shell continues its Powering Progress strategy—targeting value creation through cleaner energy solutions including biofuels, hydrogen, EV charging, and renewables, while maintaining robust oil and gas operations. It aims to adapt to the global transition to net-zero emissions while maximizing profitability and maintaining capital discipline shell.co.id+2reports.shell.com+2reports.shell.com+2.

Looking forward, Shell prioritizes efficient gas growth, disciplined cost structure, expanded LNG and petrochemical sales, and execution on low-carbon investments, all embedded within its strategy to provide energy solutions that balance environmental and economic imperatives.