Shell Updates Q1 Outlook: Now projects Q1 Upstream Production At 1,790–1,890 kboe/D (Prior 1,750 – 1,950 kboe/D), LNG Output Hit By Weather; Trading And Refining Margins Strong

رويال داتش شل -0.61% Pre

Shell PLC

SHEL

0.00

 Integrated Gas

$ billions Q4'24 Q1'25 Outlook Comment
Adjusted EBITDA:
Production (kboe/d) 905 910 - 950 Impacted by unplanned maintenance, including in Australia.
LNG liquefaction volumes (MT) 7.1 6.4 - 6.8 Reflects weather impact (cyclones) and unplanned maintenance in Australia.
Underlying opex 1.0 0.9 - 1.1  
Adjusted Earnings:
Pre-tax depreciation 1.4 1.2 - 1.6  
Taxation charge 0.6 0.7 - 1.0  
Other Considerations:
Trading & Optimisation results are expected to be in line with Q4'24, despite a higher (non-cash) impact from expiring hedge contracts compared to the previous quarter.


 

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