Previous close | 36.40 |
Open | 36.50 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 36.50 - 36.80 |
52-week range | 26.65 - 37.95 |
Volume | |
Avg. volume | 4,726 |
Market cap | 234.863B |
Beta (5Y monthly) | 0.55 |
PE ratio (TTM) | 13.48 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 1.38 (3.74%) |
Ex-dividend date | 16 May 2024 |
1y target est | N/A |
Shell's (SHEL) sale of its refinery and petrochemical assets can be linked with its plan to lower its overall carbon footprint while also focusing on its most profitable ventures.
Shell (SHEL) cites its shift toward refocusing on its profitable ventures, including those associated with traditional fossil fuels, as the reason for its withdrawal from China's power business.
Oil giant Shell said on Wednesday that it has agreed to sell its Bukom refinery in Singapore - one of the world's largest oil refining and trading centres - to a joint venture of Indonesian chemicals firm PT Chandra Asri and global trading house Glencore, culminating a process that began last year. WHY IS SHELL SELLING ITS SINGAPORE "CROWN JEWEL" REFINERY?