Shell plc
SHELNYSECrude Petroleum & Natural GasFiscal year ends December 31Also trades as RYDAF
Financials through Q2 FY2026, quarter ended Jun 30, 2026Score 5/30
$104.94−3.75 (-3.45%)
Close on Nov 2, 2026Market cap $298.55BP/E –Yield –
Shell Upstream Operating Expenses: $4,474M in FY2026, down 50.3% from a year earlier. That is the lowest of the 10 years on record here.
Latest, FY2026
4,474
Period ended Dec 31, 2026
Change on a year earlier
-50.3%
9,004 in FY2025
History
10 years
Since FY2017
Sources
2
Documents cited below
Where the FY2026 figure comes from
Source: Shell Q2 2026 Quarterly Databook (Excel) ↗
Reported in Shell Quarterly Databook (Q1 2017 – Q2 2026).
Annual history
Hover a value to see the sentence it was read from; calculated values show their formula
| Period | Ended | Upstream Operating Expenses ($M) ($M) | Year on year | Source |
|---|---|---|---|---|
| FY2026 | Dec 31, 2026 | 4,474 | -50.3% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2025 | Dec 31, 2025 | 9,004 | -8.0% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2024 | Dec 31, 2024 | 9,791 | -0.4% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2023 | Dec 31, 2023 | 9,829 | -4.8% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2022 | Dec 31, 2022 | 10,320 | 0.0% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2021 | Dec 31, 2021 | 10,324 | -6.0% | Shell Q2 2026 Quarterly Databook (Excel) ↗ |
| FY2020 | Dec 31, 2020 | 10,983 | -5.2% | Shell Q4 2020 Quarterly Databook (Excel) ↗ |
| FY2019 | Dec 31, 2019 | 11,582 | -0.9% | Shell Q4 2020 Quarterly Databook (Excel) ↗ |
| FY2018 | Dec 31, 2018 | 11,693 | -0.8% | Shell Q4 2020 Quarterly Databook (Excel) ↗ |
| FY2017 | Dec 31, 2017 | 11,786 | – | Shell Q4 2020 Quarterly Databook (Excel) ↗ |
Cite this data
StockData. (2026). Shell Upstream Operating Expenses ($M), annual FY2017–FY2026 [Data set]. Compiled from Shell SEC filings and investor materials. https://stockdatahq.com/stocks/shel/kpis/up-opex
See every metric in the Shell KPI table. Data updated Oct 25, 2026.