Nigerian Communities Seek Compensation From Shell: Report
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 13 2024
0mins
Should l Buy SHEL?
Source: Benzinga
Shell Facing Legal Claims: Shell PLC is facing claims from Nigerian communities for 505 billion naira ($310 million) for allegedly violating a court order related to the sale of its onshore assets in the Niger Delta, despite a pending lawsuit regarding environmental damages.
Community Petition Against Asset Sale: Over 1,200 representatives from Ilaje communities have petitioned the Federal High Court to halt Shell's asset sale, arguing it contravenes a December 2023 ruling that suspended such sales until compensation issues are resolved.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy SHEL?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on SHEL
Wall Street analysts forecast SHEL stock price to fall
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 90.710
Low
41.75
Averages
74.27
High
91.00
Current: 90.710
Low
41.75
Averages
74.27
High
91.00
About SHEL
Shell plc is an international energy company engaged in the principal aspects of the energy and petrochemical industries. The Company's segments include Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas (LNG), conversion of natural gas into gas-to-liquids (GTL) fuels and other products. It includes natural gas and liquids exploration and extraction, and the operation of the upstream and midstream infrastructure. The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas and operates the infrastructure necessary to deliver them to the market. The Marketing segment comprises the Mobility, Lubricants, and Sectors & Decarbonization businesses. The Chemicals and Products segment includes chemicals manufacturing plants with their own marketing network, and refineries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Trump's 15-Point Peace Plan Sparks Market Optimism
- Peace Plan Overview: President Trump's proposed 15-point peace plan aims to address the ongoing conflicts in Iran and the Middle East, and while details remain unclear, the market is optimistic, viewing it as a potential signal for de-escalation.
- Negotiation Dynamics: Trump reiterated that the U.S. is in negotiations with Iran, despite Tehran denying direct talks with Washington, creating a contradictory narrative that raises market concerns about future developments.
- Market Reaction: Following the announcement of Trump's peace plan, Asian stock markets surged, particularly in South Korea, while European indices are also expected to open higher, reflecting investor expectations for improved geopolitical conditions.
- Corporate Moves: Meta is granting stock options to key leaders to retain talent amid increasing pressure in the artificial intelligence sector, although CEO Mark Zuckerberg is not included in this plan, indicating potential implications for the company's long-term strategic direction.
See More
Venezuelan Opposition Chief Promises Complete Oil Privatization
Venezuelan Opposition Leader's Proposal: Maria Corina Machado, a prominent opposition figure in Venezuela, advocates for the complete privatization of the country's oil industry.
Engagement with Energy Executives: Machado presented her vision during a meeting with energy executives in Houston, highlighting her plans for Venezuela's energy sector.
See More
Shell CEO Warns of Energy Shortages in Europe
- Energy Security Warning: Shell CEO Wael Sawan warned at the CERAWeek conference that Europe could face energy shortages next month due to the ongoing impacts of the Middle East war on global fuel markets, highlighting the critical link between national security and energy security.
- Crisis Response Collaboration: Sawan stated that Shell is working with governments to address the energy crisis by advising on necessary measures, including demand-side adjustments and storage solutions, to ensure stable energy supplies.
- Fuel Supply Constraints: The war has already disrupted jet fuel supplies, with diesel expected to be the next affected fuel, and as the summer driving season approaches in the Northern Hemisphere, gasoline supplies may also be impacted, exacerbating market tensions.
- Venezuela Gas Projects: Sawan mentioned that Shell may decide on one or two natural gas projects in Venezuela by the end of the year, contingent on the fiscal and legal situation, indicating Shell's interest in the country's gas market and potential investment opportunities.
See More
While the World Fears Oil Shortages, Canada Seizes the Moment.
Opportunity in Global Energy Markets: Canada is seizing an unexpected chance to increase its presence in global energy markets due to the ongoing war in Iran.
Impact of the War in Iran: The conflict has created a shift in energy dynamics, allowing Canada to potentially fill the gap left by Iranian energy exports.
Strategic Positioning: Canada aims to leverage this situation to enhance its energy exports and strengthen its economic position on the world stage.
Future Prospects: The developments in Iran may lead to long-term changes in energy supply chains, benefiting Canadian energy producers.
See More
Vanguard International High Dividend ETF Investment Advantages
- Low Fee Advantage: The Vanguard International High Dividend ETF boasts an expense ratio of just 0.07%, meaning that on a $10,000 investment, investors incur only $7 in annual fees, allowing for high dividend income at minimal cost.
- High Dividend Yield: With a dividend yield of approximately 3.3%, nearly three times the S&P 500's average of 1.2%, this ETF effectively targets high-yield stocks like Roche, Novartis, and Shell, making it attractive for income-focused investors.
- International Diversification: The fund holds over 1,500 stocks, with its largest holding (Roche) comprising only 1.8%, significantly reducing the impact of any single stock on overall returns; additionally, 43% of its holdings are in Europe, 27% in the Pacific, and 21% in emerging markets, enhancing geographical diversification.
- Strong Market Performance: Over the past 12 months, the ETF has risen by 24%, outperforming the S&P 500's 16% gain during the same period, indicating its resilience and appeal to risk-averse investors amid increasing market uncertainty.
See More
Vanguard International High Dividend ETF Investment Advantages
- Low Fee Advantage: The Vanguard International High Dividend ETF boasts an expense ratio of just 0.07%, meaning that on a $10,000 investment, investors incur only $7 in annual fees, allowing for stable returns at minimal costs.
- High Dividend Yield: With a dividend yield of approximately 3.3%, nearly three times that of the S&P 500's 1.2%, the ETF ensures consistent cash flow by targeting high-yield stocks like Roche, Novartis, and Shell.
- Broad Portfolio: The ETF holds over 1,500 stocks, with its largest holding accounting for only 1.8%, effectively mitigating the impact of any single stock on overall returns, thus enhancing investment safety and stability.
- Geographical Diversity: With 43% of its investments in Europe, 27% in the Pacific region, and 21% in emerging markets, the fund helps investors effectively diversify away from U.S. market risks, adapting to challenges posed by current geopolitical uncertainties.
See More
Trump's 15-Point Peace Plan Sparks Market Optimism
- Peace Plan Overview: President Trump's proposed 15-point peace plan aims to address the ongoing conflicts in Iran and the Middle East, and while details remain unclear, the market is optimistic, viewing it as a potential signal for de-escalation.
- Negotiation Dynamics: Trump reiterated that the U.S. is in negotiations with Iran, despite Tehran denying direct talks with Washington, creating a contradictory narrative that raises market concerns about future developments.
- Market Reaction: Following the announcement of Trump's peace plan, Asian stock markets surged, particularly in South Korea, while European indices are also expected to open higher, reflecting investor expectations for improved geopolitical conditions.
- Corporate Moves: Meta is granting stock options to key leaders to retain talent amid increasing pressure in the artificial intelligence sector, although CEO Mark Zuckerberg is not included in this plan, indicating potential implications for the company's long-term strategic direction.
See More
Venezuelan Opposition Chief Promises Complete Oil Privatization
Venezuelan Opposition Leader's Proposal: Maria Corina Machado, a prominent opposition figure in Venezuela, advocates for the complete privatization of the country's oil industry.
Engagement with Energy Executives: Machado presented her vision during a meeting with energy executives in Houston, highlighting her plans for Venezuela's energy sector.
See More
Shell CEO Warns of Energy Shortages in Europe
- Energy Security Warning: Shell CEO Wael Sawan warned at the CERAWeek conference that Europe could face energy shortages next month due to the ongoing impacts of the Middle East war on global fuel markets, highlighting the critical link between national security and energy security.
- Crisis Response Collaboration: Sawan stated that Shell is working with governments to address the energy crisis by advising on necessary measures, including demand-side adjustments and storage solutions, to ensure stable energy supplies.
- Fuel Supply Constraints: The war has already disrupted jet fuel supplies, with diesel expected to be the next affected fuel, and as the summer driving season approaches in the Northern Hemisphere, gasoline supplies may also be impacted, exacerbating market tensions.
- Venezuela Gas Projects: Sawan mentioned that Shell may decide on one or two natural gas projects in Venezuela by the end of the year, contingent on the fiscal and legal situation, indicating Shell's interest in the country's gas market and potential investment opportunities.
See More
While the World Fears Oil Shortages, Canada Seizes the Moment.
Opportunity in Global Energy Markets: Canada is seizing an unexpected chance to increase its presence in global energy markets due to the ongoing war in Iran.
Impact of the War in Iran: The conflict has created a shift in energy dynamics, allowing Canada to potentially fill the gap left by Iranian energy exports.
Strategic Positioning: Canada aims to leverage this situation to enhance its energy exports and strengthen its economic position on the world stage.
Future Prospects: The developments in Iran may lead to long-term changes in energy supply chains, benefiting Canadian energy producers.
See More
Vanguard International High Dividend ETF Investment Advantages
- Low Fee Advantage: The Vanguard International High Dividend ETF boasts an expense ratio of just 0.07%, meaning that on a $10,000 investment, investors incur only $7 in annual fees, allowing for high dividend income at minimal cost.
- High Dividend Yield: With a dividend yield of approximately 3.3%, nearly three times the S&P 500's average of 1.2%, this ETF effectively targets high-yield stocks like Roche, Novartis, and Shell, making it attractive for income-focused investors.
- International Diversification: The fund holds over 1,500 stocks, with its largest holding (Roche) comprising only 1.8%, significantly reducing the impact of any single stock on overall returns; additionally, 43% of its holdings are in Europe, 27% in the Pacific, and 21% in emerging markets, enhancing geographical diversification.
- Strong Market Performance: Over the past 12 months, the ETF has risen by 24%, outperforming the S&P 500's 16% gain during the same period, indicating its resilience and appeal to risk-averse investors amid increasing market uncertainty.
See More
Vanguard International High Dividend ETF Investment Advantages
- Low Fee Advantage: The Vanguard International High Dividend ETF boasts an expense ratio of just 0.07%, meaning that on a $10,000 investment, investors incur only $7 in annual fees, allowing for stable returns at minimal costs.
- High Dividend Yield: With a dividend yield of approximately 3.3%, nearly three times that of the S&P 500's 1.2%, the ETF ensures consistent cash flow by targeting high-yield stocks like Roche, Novartis, and Shell.
- Broad Portfolio: The ETF holds over 1,500 stocks, with its largest holding accounting for only 1.8%, effectively mitigating the impact of any single stock on overall returns, thus enhancing investment safety and stability.
- Geographical Diversity: With 43% of its investments in Europe, 27% in the Pacific region, and 21% in emerging markets, the fund helps investors effectively diversify away from U.S. market risks, adapting to challenges posed by current geopolitical uncertainties.
See More
