Reuters
07 Oct 2026, 06:07 UTC · 1h ago
Shell raises Q3 gas output forecast
Impact · against what's priced in
Shell's significant upward revision of Q3 gas output is likely to drive a positive adjustment in short-term earnings estimates. The 25% increase in projected production provides a concrete catalyst for Q3 performance.
- SHEL+0.60
No priced-in read yet
- In context
Raising the Q3 integrated gas production forecast to 740,000-780,000 boed from 570,000-630,000 boed represents a substantial increase in output that should lift quarterly earnings projections.
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