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.
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Analysis
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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Divestments (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - | 430.00 Mn |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn | - |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - | 74.00 Mn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | 10.00 Mn |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 47.00 Mn |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn | - |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - | - |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | -231.24 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 74.00 Mn |
| 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 |
API Access
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_KEYimport 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();