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Shells trading volume plummets 36.23 percent to 2.81 billion placing it 307th in rankings as it eyes BP acquisition

Market BriefMonday, May 5, 2025 7:48 pm ET
1min read

On May 5, 2025, Shell's trading volume reached 2.81 billion, a significant drop of 36.23% from the previous day, placing it at the 307th position in the day's stock market rankings. Shell's stock price decreased by 2.28%.

Shell is reportedly considering a potential acquisition of bp, a move that could significantly impact the oil and gas sector. The company is working with advisors to evaluate the merits of such a deal, which would be a strategic response to the current market conditions and BP's declining stock value. Shell's interest in BP comes as oil prices and BP's stock continue to slide, making it an attractive target for acquisition. The potential deal is part of Shell's broader strategy to capture value through performance, discipline, and simplification, as stated by a shell spokesperson. However, Shell is waiting for further declines in BP's stock and oil prices before making a final decision. The company may also focus on buybacks and smaller acquisitions as part of its strategic measures.

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