Shell plc (SHEL)

It cut its LNG production forecast to 6.4 million and 6.8 million metric tons, compared with the earlier projection of 6.6 million to 7.2 million metric tons.

Shell PLC (NYSE: SHEL) revised its Q1 outlook, cutting production guidance for Integrated Gas and Upstream segments due to unplanned maintenance and divestment. Trading & Optimisation to be higher, LNG production forecast adjusted. Cost reduction target raised. SHEH and ABLD offer exposure to the stock.

U.S. stock futures fell sharply on Monday after 2-days of the crash before closing last week. Futures were over 3% lower in premarket trading.

Shell PLC sells 16.125% stake in Colonial Enterprises for $1.45B to Brookfield Infrastructure's subsidiary. BIP to acquire Colonial Pipeline for $9B.

According to a report by The Times, which cited filings with the U.K.’s Financial Conduct Authority, Elliott’s position against Shell is the biggest short position disclosed against the oil major in nearly a decade.

The oil and gas major said it would raise shareholder distributions to 40% to 50% of cash flow from operations from the earlier 30% to 40% range.

Shell PLC revealed updates on its strategy, dividend and buyback plans, cost savings, investments, and emission reduction targets.

Shell's subsidiary made FID for Gato do Mato project in Brazil's pre-salt region, with estimated 370M barrels and expected operation in 2029.

These 20 blue chip companies are the largest traded on U.S. exchanges.

Investors will be watching closely for the March 25 strategy presentation in New York, which is expected to provide a clearer roadmap for Shell’s energy transition, capital allocation, and growth outlook.

This week's Deal Dispatch has updates on Raizen, Walgreens, TikTok and Canoo. Plus: the FTC is blocking mergers like it's 2017 again.

The Wall Street Journal report said the review is in its early stages, and Shell has not committed to any final decisions.

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