Shell (SHEL) Change in Acquisitions & Divestments (2009 - 2026)

Shell (SHEL) reported Change in Acquisitions & Divestments of $1.4 billion for Q1 2026, up 151.4% on a YoY basis from $570.0 million in Q1 2025, and up 229.1% quarter-over-quarter from -$1.1 billion in Q4 2025.

Shell (SHEL) Change in Acquisitions & Divestments (2009 - 2026) Analysis & Trends

Shell has reported Change in Acquisitions & Divestments for 18 years, with the latest figure at $1.4 billion in Q1 2026.

  • For the quarter ending Q1 2026, Change in Acquisitions & Divestments rose 151.4% year-over-year to $1.4 billion; the trailing twelve-month figure through Mar 2026 stood at $1.1 billion (down 32.31% YoY), and the FY2025 full-year result was $218.0 million, down 85.83% from the prior year.
  • Change in Acquisitions & Divestments for Q1 2026 stood at $1.4 billion, up from -$1.1 billion in the prior quarter.
  • The five-year high for Change in Acquisitions & Divestments was $2.0 billion in Q2 2024, with the low at -$1.8 billion in Q4 2022.
  • Historically, Change in Acquisitions & Divestments has averaged $331.2 million across 5 years, with a median of $509.0 million in 2024.
  • Annual changes were most pronounced in 2023 — Change in Acquisitions & Divestments sank 117.59% — and 2024, when it surged 254.24%.
  • Shell's Change in Acquisitions & Divestments stood at -$1.8 billion in 2022, then soared by 44.81% to -$1.0 billion in 2023, then rose by 16.16% to -$856.0 million in 2024, then fell by 29.67% to -$1.1 billion in 2025, then surged by 229.1% to $1.4 billion in 2026.
  • The last three Change in Acquisitions & Divestments figures came in at $1.4 billion (Q1 2026), -$1.1 billion (Q4 2025), and $74.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00
4 Shell 546.31 Bn 505.07 Bn -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn
7 Eni Spa 252.26 Bn 242.70 Bn -
8 Bp 196.12 Bn 159.56 Bn -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.43 Bn
Mar 31, 2026 1.43 Bn
Dec 31, 2025 -1.11 Bn
Dec 31, 2025 -1.11 Bn
Sep 30, 2025 74.00 Mn
Sep 30, 2025 74.00 Mn
Jun 30, 2025 684.00 Mn
Jun 30, 2025 684.00 Mn
Mar 31, 2025 570.00 Mn
Mar 31, 2025 570.00 Mn
Dec 31, 2024 -856.00 Mn
Dec 31, 2024 -856.00 Mn
Sep 30, 2024 -144.00 Mn
Sep 30, 2024 -144.00 Mn
Jun 30, 2024 2.03 Bn
Jun 30, 2024 2.03 Bn
Mar 31, 2024 509.00 Mn
Mar 31, 2024 509.00 Mn
Dec 31, 2023 -1.02 Bn
Dec 31, 2023 -1.02 Bn