Shell Issues Updated Q3 Volume Guidance

(RTTNews) - Shell plc issued an overview of its current expectations for the third quarter. For Integrated Gas, production is projected in a range of 910 - 950 kboe/d. Upstream production is expected in a range of 1,790 - 1,890 kboe/d.

For Corporate, adjusted loss is anticipated in a range of $0.5 - $0.3 billion. For Renewables and Energy Solutions, adjusted earnings is expected in between a loss of $0.2 billion and profit of $0.4 billion. Marketing adjusted earnings are expected to be higher than second quarter.

The Group noted that all outlook statements exclude identified items.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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