|Bid||2,054.50 x 216300|
|Ask||2,055.00 x 249300|
|Day's Range||2,013.50 - 2,059.00|
|52 Week Range||1,752.50 - 2,295.50|
|PE Ratio (TTM)||-6,693.81|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Shell’s PEG ratio stands at 0.31, above the peer average of 0.26.
Energy giants including Exxon Mobil (XOM.N) and Royal Dutch Shell (RDSa.L) risk wasting more than a third of their budgets on projects that will not be needed if climate targets are to be met, a thinktank report shows. More than $2 trillion of planned investment in oil and gas projects by 2025 could be redundant if governments stick to targets to lower carbon emissions to limit global warming to 2 degrees Celsius, according to a report by the Carbon Tracker thinktank and institutional investors. It compared the carbon intensity of oil and gas projects planned by 69 companies with requirements needed to meet the warming target set by the 2015 Paris agreement, which will require curbing fossil fuel consumption.
Communities and oil refining and production facilities from Texas to Florida braced on Tuesday for potential disruptions as Tropical Storm Cindy strengthened over the U.S. Gulf of Mexico, threatening to bring flash floods across parts of the northern Gulf Coast. Cindy was located about 230 miles (365 km) south of Morgan City, Louisiana late Tuesday with maximum sustained winds of 60 miles (95 km) per hour, the National Hurricane Center said.