Shell (SHEL) Divestments (2012 - 2026)
Shell (SHEL) posted Divestments of $31 million for Q2 2026, up 63.2% from $19 million a year earlier but down 20.5% from the prior quarter.
Shell (SHEL) Divestments (2012 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Divestments at Shell was $78 million, up 116.7% year-over-year; for FY2025, it was $33 million, down 94.3% from FY2024.
- Annual Divestments shows a five-year compound annual growth rate of -34.8% (FY2020 to FY2025).
- In prior years, Shell's Divestments was $582 million in FY2024, $51 million in FY2023 (-90.0%), $511 million in FY2022 (-12.5%) and $584 million in FY2021 (+107.8%).
- Quarterly Divestments has run from a low of $2 million in Q1 2023 to a high of $569 million in Q1 2024 over five years.
- On a year-over-year basis, Divestments increased in three of the last eight quarters, with growth averaging 167.3%.
- The strongest year-over-year quarter for Divestments in the past five years was Q2 2025, with growth of 850.0%; the weakest was Q1 2025, with a decline of 99.1%.
- According to Business Quant data, Divestments for the three prior quarters was $39 million (Q1 2026), $6 million (Q4 2025) and $2 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 430.00 Mn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 71.00 Mn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | - |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 135.00 Mn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | - |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | - |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 558.00 Mn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 71.00 Mn |
| Mar 31, 2026 | 42.00 Mn |
| Dec 31, 2025 | 148.00 Mn |
| Sep 30, 2025 | 1.02 Bn |
| Jun 30, 2025 | 1.00 Mn |
| Mar 31, 2025 | 33.00 Mn |
| Dec 31, 2024 | 305.00 Mn |
| Sep 30, 2024 | 94.00 Mn |
| Jun 30, 2024 | 57.00 Mn |
| Mar 31, 2024 | 133.00 Mn |
| Dec 31, 2023 | 49.00 Mn |
| Sep 30, 2023 | 68.00 Mn |
| Jun 30, 2023 | 100.00 Mn |
| Mar 31, 2023 | 257.00 Mn |
| Sep 30, 2022 | 203.00 Mn |
| Jun 30, 2022 | 51.00 Mn |
| Mar 31, 2022 | 138.00 Mn |
| Dec 31, 2021 | 137.00 Mn |
| Sep 30, 2021 | 168.00 Mn |
| Jun 30, 2021 | 4.00 Mn |
Shell Divestments API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=divestments&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "divestments", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=divestments&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();