Shell plc
name
Shell plc
id
SHEL
summary
Shell plc is a British multinational oil and gas company headquartered in London. It is a public limited company with a primary listing on the London Stock Exchange and secondary listings on Euronext Amsterdam and the New York Stock Exchange. Shell is the second largest investor-owned oil and gas company in the world by revenue, after ExxonMobil, and among the world's largest companies out of any industry. Formed in April 1907 through the merger of Royal Dutch Petroleum Company and The 'Shell' Transport and Trading Company, Shell rapidly became a leading competitor in the oil industry. It first entered the chemicals industry in 1929 and was one of the 'Seven Sisters' that dominated the global petroleum industry from the mid-1940s to the mid-1970s. Shell is vertically integrated and active in every area of the oil and gas industry, including exploration, production, refining, transport, distribution and marketing, petrochemicals, power generation, and trading. It has operations in over 99 countries, produces around 3.7 million barrels of oil equivalent per day, and has around 44,000 service stations worldwide. As of 31 December 2019, Shell had total proved reserves of 11.1 billion barrels of oil equivalent. Shell USA, its principal subsidiary in the United States, is one of its largest businesses. Shell holds 44% of Raízen, a joint venture with Cosan, which is the third-largest Brazil-based energy company. In addition to the main Shell brand, the company also owns the Jiffy Lube, Pennzoil, and Quaker State brands.
revenue
US$316.6 billion (2023)
operating_income
US$37.3 billion (2023)
net_income
US$19.6 billion (2023)
total_assets
US$406.3 billion (2023)
total_equity
US$188.4 billion (2023)
number_of_employees
90,000 (2023)