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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Shell Plc | LSE:SHEL | London | Ordinary Share | GB00BP6MXD84 | ORD EUR0.07 |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.50 | 0.09% | 2,903.50 | 2,904.00 | 2,904.50 | 2,913.50 | 2,891.50 | 2,901.50 | 8,130,538 | 16:35:18 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Crude Petroleum & Natural Gs | 316.62B | 19.36B | 2.9802 | 9.74 | 188.64B |
From Apr 2022 to Apr 2024
By Michael Susin
Shell PLC said Monday that its wholly owned subsidiary Shell Petroleum NV has agreed to buy Danish-based Nature Energy Biogas AS for 1.9 billion euros ($1.98 billion).
The energy giant said that the deal is expected to be completed in the first quarter of 2023 and to be both earnings enhancing and deliver double-digit returns from completion.
The company added that Nature Energy is a producer of renewable natural gas from agricultural, industrial and household waste.
The acquisition will be absorbed within Shell's current capital range and remains unchanged, it added.
Write to Michael Susin at michael.susin@wsj.com
(END) Dow Jones Newswires
November 28, 2022 12:23 ET (17:23 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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