Shells trading volume plummets 38.68 percent ranking 228th in market as stock price falls sixth day in a row

Generado por agente de IAAinvest Market Brief
martes, 8 de abril de 2025, 7:46 pm ET1 min de lectura
SHEL--

On April 8, 2025, Shell's trading volume was 5.65 billion, a decrease of 38.68% from the previous day, ranking 228th in the day's stock market. Shell's stock price fell by 4.12%, marking the sixth consecutive day of decline, with a total decrease of 18.46% over the past six days.

Shell has revised its first-quarter LNG production estimate to between 6.4 and 6.8 million tons, a reduction from the previous forecast. This adjustment comes ahead of the company's financial results release on May 2. The decrease is attributed to unplanned maintenance in Australia, which has impacted LNG liquefaction volumes. Additionally, ShellSHEL-- anticipates a decline in its integrated gas adjusted earnings for the first quarter of 2025 due to pre-tax depreciation ranging from $1.2 to $1.6 billion, compared to $1.4 billion in the fourth quarter of 2024.

This revision in production outlook and the expected decline in earnings have contributed to the recent downward trend in Shell's stock price. Investors are closely monitoring these developments as they assess the company's performance and future prospects. The upcoming financial results on May 2 will provide further insights into Shell's operational challenges and strategic responses.

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