Ticker: SHEL | Published: 2026-09-23
Shell asset sales lift shares
Shell is rallying moderately as news of its completed $840 million Gulf of Mexico asset sale and a reported stake sale in Colonial Enterprises to a Brookfield subsidiary highlights its ongoing portfolio high-grading and cash generation, while chatter that Abu Dhabi's XRG may buy into the Shell-led LNG Canada venture adds a bullish demand signal for its flags