LSE:SHELOil and Gas
Shell Weighs French Motorway Exit As Capital Allocation Story Evolves
Shell is preparing to sell its French motorway petrol station network as part of a broader portfolio review.
The planned disposal follows recent portfolio moves, including the ARC Resources acquisition and the Jiffy Lube sale.
The news highlights a continued focus on capital efficiency and refining the mix of Shell’s energy and retail assets.
For investors tracking LSE:SHEL, this potential sale comes with the stock at around £31.575 and a return of 30.2% over the past year and 168.5% over...