In the latest trading session, Shell (SHEL) closed at $70.46, down 2.45% from the previous day, underperforming the S&P 500’s daily loss of 0.24%. Over the past month, SHEL shares have fallen by 4.2%, while the Oils-Energy sector saw a 1.72% decline and the S&P 500 gained 1.31%.

Market participants are anticipating Shell’s upcoming financial results, with expectations for an EPS of $1.37, a 14.17% increase from the prior year. Revenue is estimated to reach $73.13 billion, up 9.47% from the previous year. Analysts suggest investors monitor any recent revisions to forecasts for insights on the company’s performance.

Shell currently holds a Zacks Rank of #3 (Hold) and is trading at a Forward P/E ratio of 11.04, slightly higher than the industry average of 10.94. The company’s PEG ratio is 3.39, indicating its expected earnings growth trajectory. The Oil and Gas – Integrated – International industry has an average PEG ratio of 1.86 and a Zacks Industry Rank of 161 within the Oils-Energy sector.

Zacks Investment Research is naming its Top 10 Stocks for 2026, with a history of significant outperformance compared to the S&P 500. The selection will be made by Director of Research Sheraz Mian, who has a track record of identifying high-performing stocks. The top picks will be revealed on January 5, offering investors early access to potential market-beating opportunities.

Read more at Nasdaq: Shell (SHEL) Dips More Than Broader Market: What You Should Know