Shell Plc (SHEL) has released an update.
Shell Plc provides a first-quarter 2024 financial outlook, indicating strong but lower trading and optimization results than the exceptional previous quarter. The update includes expected production volumes, refining and chemical margins, and operational expenses, with full results to be published on May 2, 2024. Key figures include an indicative refining margin increase to $12/bbl and chemicals margin to $151/tonne, with projected earnings and depreciation in various business segments.
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