Shell trims Q4 LNG production outlook
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Shell has reduced its LNG production outlook for Q4 and anticipates significantly lower trading results for its chemicals and oil products division compared to Q3.
January 08, 2025 | 7:45 am
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Shell has revised its Q4 LNG production outlook downwards and expects a significant drop in trading results for its chemicals and oil products division compared to Q3.
The reduction in LNG production outlook and expected lower trading results for chemicals and oil products suggest potential revenue challenges for Shell in Q4. This could negatively impact investor sentiment and the stock price in the short term.
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