Shell Pakistan Limited

Equities

SHEL

PK0016701010

Oil & Gas Refining and Marketing

End-of-day quote Pakistan S.E. Other stock markets 06:00:00 2024-05-30 pm EDT			5-day change	1st Jan Change
129.1 ^PKR	-2.05%		-7.40%	-14.20%

Mar. 06	Shell Pakistan Limited Reports Earnings Results for the Full Year Ended December 31, 2023	CI
2023	Shell to Divest Over 77% Stake in Shell Pakistan to Saudi Arabia's Wafi	MT

Shell Pakistan : Important Announcement

June 14, 2023 at 08:49 am EDT

Important Announcement

Jun 14, 2023

Shell Petroleum Company Limited, a subsidiary of Shell plc (Shell), has announced its intention to sell its holding in Shell Pakistan Limited (SPL), simplifying Shell's portfolio.

Shell Pakistan has been in the country for 75 years and has a substantial retail footprint and a strong lubricants business.

Any sale will be subject to a targeted sales process, the execution of binding documentation and the receipt of applicable regulatory approvals. Shell is seeing strong interest from international buyers.

SPL remains committed to delivering safe, reliable operations.

Share thisClose

Share this on Facebook
Share this on Twitter
Share this on LinkedIn
Copy link to the clipboard

Attachments

Original Link
Original Document
Permalink

Disclaimer

Shell Pakistan Limited published this content on 14 June 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 14 June 2023 12:48:02 UTC.

Latest news about Shell Pakistan Limited

Shell Pakistan Limited Reports Earnings Results for the Full Year Ended December 31, 2023	Mar. 05	CI
Shell to Divest Over 77% Stake in Shell Pakistan to Saudi Arabia's Wafi	Nov. 01	MT
Shell to sell Pakistan unit to Saudi firm	Nov. 01	RE
Wafi Energy LLC executed a share purchase agreement to acquire 77.42% stake in Shell Pakistan Limited from The Shell Petroleum Company Limited.	Oct. 31	CI
Pakistan Refinery Limited and Air Link Communication Limited cancelled the acquisition of 77.42% stake in Shell Pakistan Limited from The Shell Petroleum Company Limited.	23-10-30	CI
Shell Pakistan Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	23-10-18	CI
Saudi Aramco Eyes $200 Million Purchase of Shell's Pakistani Assets	23-10-15	MT
Aramco Reportedly to Study Potential Bid for Shell?s Pakistan Unit	23-10-14	CI
Saudi Aramco Looking at Possible Bid for Shell Assets in Pakistan	23-10-13	MT
Saudi Aramco Reportedly to Study Potential Bid for Shell?s Pakistan Unit	23-10-12	CI
Shell Pakistan Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023	23-08-16	CI
Pakistan Refinery Limited, Air Link Look to Buy Shell Pakistan Stake	23-07-17	CI
Sector Update: Stocks Weaker in Late Afternoon Trading	23-06-14	MT
Sector Update: Energy Stocks Declining in Afternoon Trading	23-06-14	MT
Sector Update: Energy	23-06-14	MT
Shell Unit Plans to Sell Holding in Shell Pakistan	23-06-14	MT
Shell to Sell Pakistan Unit Stake	23-06-14	MT
Shell to sell its stake in Pakistan unit	23-06-14	RE
Shell to exit Pakistan unit with sale of shares	23-06-14	RE
Shell Pakistan Limited Appoints Zain Khurshid Hak as Chairperson of the Board of Directors	23-06-13	CI
Shell Pakistan Limited Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-11	CI
Shell Pakistan Limited Reports Earnings Results for the Full Year Ended December 31, 2022	23-03-15	CI
Shell Pakistan Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-19	CI
Shell Pakistan Limited Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2022	22-10-19	CI
Shell Pakistan Limited Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022	22-08-25	CI

Chart Shell Pakistan Limited

Duration

Period

More charts

Company Profile

Shell Pakistan Limited is a Pakistan-based company that is engaged in the marketing of petroleum products and compressed natural gas. The Company also blends and markets various kinds of lubricating oils. Its range of fuels, including Shell Super Unleaded and Shell Diesel, are complemented by premium fuels like Shell V-Power with new Dynaflex Technology, and a diverse range of non-fuel retail facilities. Its performance oils include Shell Helix Ultra 5W-40, Shell Advance Ultra and Shell Rimula R6 LME. The Company's efficiency oils include Shell Helix Ultra car engine oil, Shell Advance motorcycle engine oil, and Rimula Truck and heavy-duty engine oils. Its retail sites also offer lubricant products, with a focus on two variants in the Shell Helix family - Shell Helix Power and Shell Helix Protect. It provides industrial lubricants to various sectors, such as agriculture, auto and truck dealers, automotive components, aviation, construction, fleet, marine, metals, mining, and power.

Sector

Oil & Gas Refining and Marketing

More about the company

Income Statement Evolution

More financial data

Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

129.1 PKR

Average target price

22,258 PKR

Spread / Average Target

+17,140.59%

Consensus

Chiffre d''affaires - Rate of surprise

Company calendar

Sector Petroleum Product Wholesale

	1st Jan change	Capi.
SHELL PAKISTAN LIMITED	-14.20%	99.26M
PTT OIL AND RETAIL BUSINESS	-5.24%	5.9B
PETRONAS DAGANGAN	-9.34%	4.18B
QATAR FUEL COMPANY Q.P.S.C. ("WOQOD")	-12.61%	3.96B
RUBIS	+47.11%	3.67B
VIVA ENERGY GROUP LIMITED	-0.86%	3.67B
AMERIGAS PARTNERS, L.P.	+23.40%	3.23B
PT AKR CORPORINDO TBK	+8.47%	1.94B
GLOBAL PARTNERS LP	+14.23%	1.64B
WORLD KINECT CORPORATION	+15.63%	1.58B

Petroleum Product Wholesale