What's Going On With Shell Shares On Friday?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 10 2025
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Source: Benzinga
Shell Offshore Inc. Production Start: Shell's subsidiary has commenced production at the Whale floating facility in the Gulf of Mexico, expected to yield up to 100,000 barrels of oil equivalent per day and operate with 30% lower greenhouse gas intensity compared to the Vito platform.
Adjusted Production Guidance: Shell has lowered its fourth-quarter guidance for integrated gas production due to expiring hedging contracts, now expecting between 880 – 920 kboe/d, down from a previous estimate of 900 – 960 boe/d.
Analyst Views on HAP
Wall Street analysts forecast HAP stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for HAP is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 66.198
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Current: 66.198
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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.
