Shell (SHEL) Capital Expenditures (2009 - 2026)

Shell (SHEL) has 18 years of Capital Expenditures data on file, last reported at $10.0 billion in Q2 2026.

• Quarterly Capital Expenditures rose 271.79% year-over-year to $10.0 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$9.1 billion (up 62.29% YoY) and the FY2025 annual result came in at $18.9 billion, down 3.34% from the prior year.
• Capital Expenditures rose to $10.0 billion in Q2 2026, from -$4.2 billion in the prior quarter.
• In the past five years, Capital Expenditures ranged from a high of $10.0 billion in Q2 2026 to a low of -$11.6 billion in Q4 2023.
• A 5-year average of -$5.5 billion and a median of -$5.2 billion in 2022 frame the typical range for Capital Expenditures.
• Annual changes were most pronounced in 2022 — Capital Expenditures tumbled 57.77% — and 2026, when it surged 271.79%.
• Tracing SHEL's Capital Expenditures over 5 years: stood at -$10.9 billion in 2022, then slipped by 6.57% to -$11.6 billion in 2023, then climbed by 20.81% to -$9.2 billion in 2024, then dropped by 8.49% to -$10.0 billion in 2025, then surged by 200.0% to $10.0 billion in 2026.
• The last three Capital Expenditures figures came in at $10.0 billion (Q2 2026), -$4.2 billion (Q1 2026), and -$10.0 billion (Q4 2025), per Business Quant data.