Shell PLC (BUE:SHEL)
ARS 35975 -875 (-2.37%) Market Cap: 198.31 Til Enterprise Value: 232.99 Til PE Ratio: 13.39 PB Ratio: 1.10 GF Score: 48/100

Q4 2022 Shell PLC Earnings Call Transcript

Feb 02, 2023 / 02:30PM GMT
Release Date Price: ARS10483 (-2.03%)
Operator

Welcome to Shell's Fourth Quarter 2022 Financial Results Announcement. Shell's CEO, Wael Sawan; and CFO, Sinead Gorman, will present the results, then host a Q&A session. (Operator Instructions) We will now begin the presentation.

Wael Sawan
Shell plc - CEO & Director

Hi. I'm Wael Sawan, and I'm pleased to present to you for the first time as Shell's CEO. Today, alongside Sinead, we'll be presenting Shell's fourth quarter and full year results. I'd like to start by thanking Ben for his leadership over the last 9 years and for building the strong foundations that I now inherit. We have a world-class organization with exceptional people, a leading portfolio and the right strategy, all of which, I believe, position us very well for the future.

2022 was a year in which energy security was front and center. The world mobilized. We saw policy progress with Fit for 55 in Europe and the introduction of the Inflation Reduction Act in the U.S. This is evidence of moving from ambition into action. Despite this progress, the energy system still faces huge

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