NYSEARCA:ABLD - NYSE Arca - US89628W7083 - ETF - Currency: USD
Shell PLC (NYSE: SHEL) revised its Q1 outlook, cutting production guidance for Integrated Gas and Upstream segments due to unplanned maintenance and divestment. Trading & Optimisation to be higher, LNG production forecast adjusted. Cost reduction target raised. SHEH and ABLD offer exposure to the stock.
Shell PLC sells 16.125% stake in Colonial Enterprises for $1.45B to Brookfield Infrastructure's subsidiary. BIP to acquire Colonial Pipeline for $9B.