Shell will be sharpening key edges when it completes ARC acquisition - analyst

Shell PLC's (LSE:SHEL, NYSE:SHEL) proposed ARC transaction could sharpen two of the oil major's most important strategic edges, that's according to analysts at JP Morgan, who point to longer-life upstream liquids and global LNG leadership. London-based analysts for the US bank, which has an 'overweight' rating on Shell, said the acquisition offers low-single-digit percentage free cash flow per share accretion to 2030 on a long-term Brent assumption of US$65 per barrel, with further upside from commodity prices and asset duration.