Shell (SHEL) News Today

Shell PLC Unsponsored ADR (SHEL) shares are moving today on a mix of positive developments—analyst upgrades, share buybacks, strategic contracts and operational milestones—alongside neutral compliance filings and a minor audit-related amendment requirement.

• Positive Sentiment: Piper Sandler raised its price target on SHEL from $80.00 to $83.00 and maintained an “overweight” rating, implying roughly 15% upside. Shell (NYSE:SHEL) Price Target Raised to $83.00
• Positive Sentiment: Continued share buy-back programme—Shell purchased about 1.08 million shares on July 2 and 1.69 million shares on July 1 for cancellation across LSE and European venues. Transaction in Own Shares (Jul 2) Transaction in Own Shares (Jul 1)
• Positive Sentiment: SHEL-led LNG Canada loaded its first liquefied natural gas cargo for Asia from Kitimat, marking a key step in expanding its Pacific LNG export capacity. Shell-Led LNG Canada Ships First LNG Cargo to Asia From Kitimat
• Positive Sentiment: Renewed its multi-million-dollar contract with Cyberhawk to maintain a global visualization and data-integration platform across its assets, enhancing digital inspection capabilities. Shell renews contract with Cyberhawk
• Positive Sentiment: Expanded its specialty chemicals footprint by acquiring Raj Petro Specialities, broadening its downstream portfolio. Shell Acquires Raj Petro Specialities
• Neutral Sentiment: Filed amendments to its Form 20-Fs for the years ended December 31, 2023 and 2024 with the SEC; no changes were made to the financial statements. Shell plc filed amendments to its Form 20-Fs
• Negative Sentiment: Was forced to file amended U.S. filings after EY breached SEC audit partner rotation rules, though Shell said the underlying financial results remain unchanged. Shell forced to file amended US filings