Shell’s trading division, spanning oil, gas, and electricity, has remained profitable every quarter for the past decade, according to CEO Wael Sawan.
While details are limited for competitive reasons, Sawan revealed during an investor presentation that traders have delivered a 2% average uplift on return on capital employed, with expectations of 2% to 4% in the future.
Trading is a fundamental part of Shell’s business strategy and will continue to be central to the company’s long-term vision. CEO Wael Sawan emphasized this on Tuesday while outlining plans to enhance investor returns throughout the remainder of the decade. A key focus will be strengthening Shell’s leadership as the world’s top marketer of liquefied natural gas.
In a significant move reflecting the importance of trading, the head of the trading division was recently promoted to the executive committee, ensuring that trading has direct influence in the company’s highest-level decision-making processes.
