Shell For FY23 Expects Cash Capex To Be $23B- $25B; And Adjusted Earnings Net Expense Of $2.8B-3B
Portfolio Pulse from Benzinga Newsdesk
Shell expects its cash capital expenditure (capex) for the fiscal year 2023 to be between $23 billion and $25 billion. The company also anticipates an adjusted earnings net expense of $2.8 billion to $3 billion.
November 02, 2023 | 7:40 am
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Shell's projected capex and adjusted earnings net expense for FY23 could influence the company's financial performance and potentially its stock price.
Shell's projected capex and adjusted earnings net expense for FY23 are significant indicators of the company's financial health and future performance. These figures could influence investor sentiment and potentially impact the company's stock price. However, the exact impact will depend on a variety of factors, including market conditions and the company's actual performance against these projections.
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