SHEL Earnings

SHEL reported its earnings on 2026-02-05, showcasing a revenue of 66.72B against an estimate of 68.09B, resulting in a -2% surprise. The EPS was 1.14, surpassing the expected 1.21 by -5.79%. The stock experienced a -5.28% price change on the earnings day and a -1.13% change over the next five days, reflecting market reactions to the results.

Following SHEL's earnings announcement on 2026-02-05, the stock price moved by -5.28% on the day of the release. Over the subsequent five days, it saw a -1.13% change. Historically, SHEL's stock price tends to shift by an average of -1.92% in the 10 days leading up to earnings and 0.08% in the 10 days following, providing insight into potential market.

For 2026/Q1, analysts estimate SHEL's annual revenue to reach 68.15B, while the EPS is projected at 1.51. These estimates reflect recent revisions, with revenue estimates revised downward by -0.16% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between SHEL's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were revised downward by -0.16%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, SHEL's stock price typically moves by -1.92% in the 10 days before its earnings and 0.08% in the 10 days after. For the upcoming 2026/Q1 earnings, analysts expect an EPS of 1.51 and revenue of 68.15B.

The earnings call indicates strong operational performance and strategic focus, with positive developments like the LNG Canada Train 2 startup and upstream production growth. The $3.5 billion share buyback program and divestment of non-core assets also contribute positively. Despite some concerns in the Q&A, such as resource longevity and high renewables OpEx, the overall sentiment remains optimistic, supported by strategic partnerships and capital efficiency. The company's focus on shareholder returns and long-term growth, alongside optimistic guidance, suggests a positive stock price movement in the short term.