London (Associated Press) -The Petroleum Corporation said on Thursday that it is still considering transferring its stock market from London to New York. But this is not the current "on -site discussion".
After the annual revenue of US $ 28.3 billion decreased by 16 %, the revenue of 16 %, CEO Wael Sawan was asked if he was still considering the listing of mobile cases. To narrow the gap between the valuation of its American peers, especially Exxon Mobil.
In a speech by CNBC, Sawan said that the company "always reviews the list of headquarters lists, etc., but" currently has not conducted on -site discussions in shell, because our first task is to ensure that we unlock our potential. This company’s company’s company.
Last year, Sawan said that because the company has a continuous gap between the valuations of the stock market and the American counterpart, the listing of Shells is "reviewed", which makes IT relatively expensive in the capital market with currency -based markets.
This is not the first shell list is the topic of discussion. In 2022, it ended its double share structure. The history of the structure dates back to the beginning of the 20th century. For various reasons, including tax considerations, it abandoned its listing in Amsterdam.
In view of his advocacy of fossil fuels and his administrative order, the return of US President Donald Trump may be a factor in the future, and his administrative order will leave the Paris Climate Agreement in 2015.
Shells are the same as others. In recent years, as oil prices have soared, profits have increased in recent years, especially after Russia's comprehensive invasion of Ukraine about three years ago. In 2024, oil prices fell, so profits decreased.
Despite the decline in profits, the Shell has increased its dividend by 4 % because it continues to attract investors to hold its stock. After the latest update, the stock price of Shell rose 0.5 %.
Despite Trump's parenting agenda, zero transitions are still moving forward in most parts of the world, even though slower than many candidates want. As a result, oil companies, including shells, attempts to diversify their business.
Derren Nathan, the head of the stock agent Hargreaves Lansdown, said: "The shell is still in the inevitable attractiveness of the energy transition and the crossroads of the needs of shareholders."
He said that shells should provide more colors in the direction of strategic travel in the next capital market on March, and may be more concerned than ever before. "