Shell PLC Sees Rise in 3Q Marketing Results; Fall in Integrated Gas Trading
06 Outubro 2022 - 4:01AM
Dow Jones News
By Joe Hoppe
Shell PLC said Thursday that it expects integrated gas trading
and optimization results to fall on quarter, but for market results
to rise.
The energy group said production for the third quarter in
Integrated Gas is anticipated to be between 890,000 and 940,000
barrels of equivalent oil per day. It said it expects a
third-quarter pretax depreciation between $1.3 billion and $1.7
billion.
Trading and optimization results for its Integrated Gas segment
are expected to be lower compared with the second quarter of 2022,
as a result of seasonality and substantial differences between
paper and physical realization in a volatile and dislocated
market.
Upstream production is expected to be between 1.75 million and
1.85 million barrels of oil equivalent a day, and it expects a
pretax depreciation between $3.0 billion and $3.4 billion.
Marketing results are expected to be higher than in the second
quarter, with oil products sales volumes expected to reach between
2.35 million and 2.75 million barrels of oil a day, the company
said.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
October 06, 2022 02:46 ET (06:46 GMT)
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