Recent History
In the past two years, Shell has undergone significant developments that have shaped its trajectory. One pivotal event was the company's strong performance in the third quarter of 2024, where it reported profits of $6 billion, surpassing forecasts by 12%, largely due to robust liquefied natural gas (LNG) sales that offset weaker oil refining results, as noted in a
Reuters report. Another key milestone is Shell's updated outlook for Q3 2025, projecting higher LNG output and stronger gas trading, alongside an indicative refining margin of $11.6 per barrel, as detailed in a
StockTitan update. These developments highlight Shell's focus on diversifying revenue streams amidst volatile energy markets. This period also reflects the company's ongoing commitment to balancing traditional energy operations with strategic shifts, setting the stage for its current positioning.
Introduction
Shell plc, headquartered in London, is a global energy giant with operations spanning oil and gas exploration, refining, and renewables, listed on the London Stock Exchange under the ticker SHEL. As of 2025, it stands as one of the largest integrated energy companies, with a market capitalisation of approximately $145.25 billion, according to a
DCF Modeling analysis. The company employs over 90,000 people worldwide, offering a vast array of roles in engineering, finance, and trading—making it a prominent employer for young professionals. Shell is currently navigating a dual focus: maintaining its legacy in fossil fuels while investing heavily in low-carbon solutions like hydrogen and AI-powered grid management, as outlined in a recent
EnkiAI analysis. This balancing act positions Shell as a complex but intriguing prospect for those entering investment banking or corporate finance.
Strengths
Shell's key competitive advantages lie in its integrated business model and global scale, which provide resilience against market fluctuations. Its leadership in LNG trading, evidenced by projected liquefaction volumes of 7.0–7.4 million tonnes for Q3 2025, as per a
StreetInsider report, allows it to capitalise on growing global demand for cleaner fuels. Additionally, Shell's strong cash flow—$36.5 billion in free cash flow in 2023, as reported by
DCF Modeling—enables significant shareholder returns through buybacks and dividends. Its diverse portfolio, spanning upstream production to renewables, offers unique exposure for employees to both traditional and emerging energy sectors. For young professionals, working at Shell means access to cutting-edge projects and a brand with substantial influence in energy policy and innovation.
Weaknesses
Despite its strengths, Shell faces notable challenges that could impact its appeal as an employer. Financially, the company saw a decline in income for 2024, dropping to $16,521 million from $19,636 million in 2023, driven by lower LNG margins and refining challenges, as detailed in the
Shell Annual Report summary on Power Library. Operationally, its heavy reliance on fossil fuels exposes it to regulatory scrutiny and public backlash over environmental impact, which can create reputational risks. For graduates, this might mean navigating a company culture under pressure to accelerate its energy transition while managing legacy assets. Additionally, rising debt levels, highlighted in a
IG UK preview, could constrain future investments in innovation, potentially limiting career growth in cutting-edge areas.
Opportunities
Shell offers exciting growth potential, particularly in its pivot towards sustainable energy solutions, which could appeal to young professionals passionate about impact-driven careers. Its 2025 strategy includes becoming an AI-powered grid manager in distributed energy, a move that positions it at the forefront of tech-driven energy trading, as explored in an
EnkiAI report. The company’s focus on hydrogen and carbon capture technologies also aligns with global decarbonisation goals, opening doors to roles in emerging markets. For those in investment banking or trading, Shell’s strong integrated gas division, expected to see a boost in Q3 2025 per a
Morningstar update, offers exposure to high-margin, dynamic sectors. These areas signal long-term career opportunities as Shell reshapes its identity in a greener economy.
Threats
Externally, Shell faces significant risks that could challenge its stability and attractiveness as an employer. Volatile oil and gas prices, coupled with geopolitical tensions, continue to threaten profitability, as seen in the 30% profit drop to $28 billion in 2023, according to a
Mexem blog post. Intense competition from peers like BP and renewable-focused firms could erode market share, especially as pressure mounts to divest from fossil fuels. Regulatory changes and carbon taxes pose further risks, potentially increasing operational costs and impacting project timelines. For young professionals, this uncertainty might translate to job insecurity or shifts in strategic priorities, requiring adaptability. Staying ahead will demand Shell to innovate rapidly while managing these external pressures, a dynamic that could shape career paths within the firm.