Shell Sells Jiffy Lube Business for $1.3 Billion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 09 2026
0mins
Source: NASDAQ.COM
- Transaction Value: Shell has agreed to sell its Jiffy Lube business to Monomoy Capital Partners for $1.3 billion, a move executed through Pennzoil Quaker State, indicating a strategic shift in Shell's lubricants operations.
- Business Scope: The deal encompasses Jiffy Lube International and its subsidiary Premium Velocity Auto, covering over 2,000 franchise and company-operated service centers across the U.S. and licensed locations in Canada, highlighting Jiffy Lube's significance in the North American market.
- Brand Retention: Despite the sale of Jiffy Lube, Shell will retain ownership of its major lubricant brands, including Pennzoil, Quaker State, and Rotella, while continuing its manufacturing, marketing, and distribution operations in the U.S. and Canada, ensuring the market position of its core brands.
- Strategic Focus: This divestment allows Shell to monetize a non-core asset while concentrating on higher-return opportunities within its lubricants portfolio, with the transaction expected to close in the second half of 2026, pending regulatory approvals and customary closing conditions.
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: 82.250
Low
41.75
Averages
74.27
High
91.00
Current: 82.250
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 include chemical 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.
- Acquisition Dynamics: Aditya Birla Group has emerged as the frontrunner to acquire Shell's (SHEL) Sprng Energy renewable power unit, with an anticipated valuation of approximately $1.8 billion, indicating a strategic move in the renewable energy sector.
- Initial Discussions: A Shell representative stated that initial discussions with potential partners are underway, but it is too early to comment on any outcomes, suggesting that the transaction remains in its early stages with uncertain future directions.
- Historical Acquisition: Shell acquired Sprng Energy from Actis for $1.55 billion in 2022 and began working with advisors last year on a potential sale, reflecting its strategy of optimizing its asset portfolio.
- Future Plans: Sprng Energy currently has approximately 2.3 GW of operational capacity, with plans to increase this to 10 GW by 2030, showcasing its potential for expansion in the renewable energy market.
See More
- RSI Interpretation: Shell plc's relative strength index (RSI) stands at 29.8, significantly lower than the energy sector average of 41.1, indicating that recent selling pressure may be nearing exhaustion, prompting investors to consider buying opportunities.
- Price Range Analysis: The stock's 52-week low is $67.25 and the high is $94.90, with the current trading price at $80.22, suggesting potential upside that may attract investor interest.
- Market Performance: Despite Shell shares being down approximately 2.4% on the day, the low RSI value could signal a shift in market sentiment, warranting close monitoring of future price movements.
- Industry Comparison: Compared to WTI crude oil's RSI of 27.9 and Henry Hub natural gas's RSI of 55.6, Shell's RSI reflects relative weakness within the energy sector, potentially offering investors a rebound opportunity.
See More
- AI Market Expansion: Madison Faller, global investment strategist at JPMorgan Private Bank, highlighted that the market has yet to fully appreciate the potential of 'HALO' stocks, which are closely tied to strategically vital infrastructure and backed by robust earnings, thus providing good return opportunities for investors.
- UK Stock Appeal: George Godber, fund manager at Polar Capital, stated that UK stocks should be part of a diversified portfolio, as the FTSE index currently offers 'extremely attractive valuations' and is free from AI disruption, making it an ideal choice for investors.
- Oil Market Risks: Godber cautioned that despite a preliminary agreement between the U.S. and Iran, risks remain in oil trading, particularly during the 60-day negotiation period, where liquidity issues could arise and affect market stability.
- Regional Investment Preferences: Ken Wong from Eastspring Investments expressed a bearish stance on Taiwan while favoring South Korea and Japan, noting that while there are still opportunities in Taiwan's electronic components sector, the overall market performance may be influenced by specific large-cap stocks.
See More
- Stock Price Fluctuation: AVDE's 52-week low is $72.08 and high is $92.60, with the last trade at $90.89, indicating the stock is nearing its high point, potentially attracting investor interest.
- Technical Analysis Tool: Comparing the current stock price to the 200-day moving average can provide valuable insights for investors, aiding in market trend assessment.
- ETF Trading Mechanism: ETFs trade like stocks, where investors buy and sell 'units' that can be created or destroyed based on demand, impacting liquidity and market dynamics.
- Inflows and Outflows Monitoring: Weekly monitoring of changes in shares outstanding for ETFs highlights significant inflows (new units created) or outflows (old units destroyed), which can affect the underlying holdings and overall market performance.
See More
- AbbVie's Dividend King Status: AbbVie has increased its dividend for 54 consecutive years, boasting a dividend yield exceeding 3%, with seven of its twelve blockbuster drugs generating over $2 billion annually, indicating strong growth potential that is likely to drive stock price appreciation.
- Chevron's Stable Returns: Chevron has raised its dividend for 39 years, currently yielding 3.8%, and can sustain dividends and capital expenditures even if oil prices fall below $50 per barrel, showcasing robust financial resilience and attractiveness to investors.
- Enterprise Products' High Yield: Enterprise Products Partners offers a distribution yield of 5.8% and has increased its distribution for 27 consecutive years, with a strong balance sheet and 90% of long-term contracts insulated from inflation, positioning it favorably in the energy market.
- Market Volatility and Investment Opportunities: While the likelihood of rate cuts remains low due to rising inflation and a strong job market, this dynamic makes stable income investments more appealing, with high-dividend stocks like AbbVie, Chevron, and Enterprise Products becoming top picks for investors.
See More
- AbbVie's Strong Growth: AbbVie markets 12 blockbuster drugs, with 7 generating over $2 billion in annual sales, and boasts a 54-year streak of dividend increases, currently yielding 3%, positioning it strongly in the pharmaceutical sector.
- Chevron's Stable Returns: Chevron has increased its dividend for 39 consecutive years, with a current yield of 3.8%, and has repurchased shares in 18 of the last 22 years, demonstrating a strong commitment to shareholder returns, with expected annual EPS growth of over 10%.
- High Yield from Enterprise Products: Enterprise Products Partners offers a distribution yield of 5.8% and has increased distributions for 27 consecutive years, supported by a strong balance sheet and high credit rating, indicating continued growth potential.
- Market Environment Impact: With rising inflation and a strong job market, increased market volatility may occur, yet high-yield stocks like AbbVie, Chevron, and Enterprise Products are likely to attract income-seeking investors, potentially driving their stock prices higher.
See More









