Shell Keeps $3.5B Buyback After 2% Q4 Production Growth, Wells Fargo Cuts Target
Shell was named among 14 leading LNG stocks and Wells Fargo cut its price target to $77 with an Equal Weight rating after Q4 profit estimates were missed. In Q4, production rose 2% YoY and the company upheld a $3.5 billion quarterly buyback while keeping debt at target levels.
1. Inclusion in 14 Leading LNG Stocks
Shell was selected as one of the 14 best LNG stocks to buy based on its integrated energy operations and expanding LNG portfolio, reflecting confidence in its long-term gas strategy.
2. Wells Fargo Rating and Price Target
Wells Fargo reduced its price target from $78 to $77 and maintained an Equal Weight rating after noting that Shell continued its share repurchase pace despite missing Q4 profit estimates.
3. Q4 2025 Results and Buyback Program
In Q4 2025, Shell reported earnings and revenue below forecasts, achieved 2% year-on-year production growth, and faced headwinds from lower crude prices and weak trading, yet it sustained a $3.5 billion quarterly buyback and held debt at targeted levels.