LSE:SHELOil and Gas
Shell (LSE:SHEL) Weighs Malaysia Asset Sale On A View It Still Looks Undervalued
Shell (LSE:SHEL) is weighing a sale of a majority interest in its Shell MDS gas to liquids business in Malaysia, a potential US$1b deal that could reshape part of its Integrated Gas portfolio.
At a £35.51 share price, Shell has seen firm momentum build, with a 30-day share price return of 6.96% and a 90-day gain of 15.74%. The 1-year total shareholder return of 40.24% and 5-year total shareholder return of 200.35% point to a strong longer term payoff profile compared with the recent...