This Week In Energy Transition - Renewable Energy Certificates Market Poised For Significant Growth
last closed at £24.34 up 2.7%.
In other market news, was a standout up 7.8% and ending the day at MX$425.44, not far from its 52-week high. In the meantime, softened, down 5.1% to finish the session at IDR5,600.00.
Shell's $3 billion in cost savings positions it for free cash flow growth. Discover more about Shell's strategy and potential opportunities by clicking here.
Don't miss our Market Insights article titled "Automakers Caught In The Tariff Crossfire," offering timely insights into the automaker industry's challenges amid tariffs, EV market shifts, and investment opportunities. Read it now before the landscape changes again!
closed at $115.87 up 0.1%.
ended the day at $124.38 down 1.9%.
settled at $241.55 down 4.9%.
Click through to start exploring the rest of the 137 Energy Transition Stocks including Fuji Electric, Hotai MotorLtd and GD Power DevelopmentLtd now.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Sources:
Simply Wall St
"Renewable Energy Certificate (REC) Industry Report 2025-2030: Solar Power, Wind Power, Hydropower, Biomass Capacity (Up to 1000 KWH, 1001-5000 KWH, Above 5000 KWH), & End Use (Compliance, Voluntary)" from Research and Markets on GlobeNewswire (published 17 April 2025)
Companies discussed in this article include BMV:PE&OLES * LSE:SHEL NYSE:VST NasdaqGS:FSLR NasdaqGS:TSLA and IDX:BREN.
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Shell Says Weak Oil and Gas Trade Hit Second Quarter Profit
(Bloomberg) -- Shell Plc said its second-quarter results will be undermined by weaker contributions from the energy giant's fabled oil and gas trading operation. Trump's Gilded Design Style May Be Gaudy. But Don't Call it 'Rococo.' Foreign Buyers Swoop on Cape Town Homes, Pricing Out Locals Massachusetts to Follow NYC in Making Landlords Pay Broker Fees Are Tourists Ruining Europe? How Locals Are Pushing Back NYC Commutes Resume After Midtown Bus Terminal Crash Chaos Contributions from trading and optimization are expected to be 'significantly lower' for the second quarter compared with the first for segments that span oil and gas trading, London-based Shell said in an update on Monday that saw its shares fall. Shell's sprawling-but-secretive in-house trading business is often one of its biggest profit boosters, and Chief Executive Officer Wael Sawan said in March that its traders haven't lost money in a single quarter over the past decade. A person familiar with the matter said that the nature of second-quarter volatility — being geopolitically driven rather than about supply-demand fundamentals — was challenging. Monday's second-quarter update 'does show how levered the company is to trading volatility,' RBC analyst Biraj Borkahataria said in a note, adding that Shell's results in the downstream point to 'a significantly worse performance' than anticipated. Shell's shares fell as much as 3.3% and were trading at £25.52 ($34.63) at 9:57 a.m. in London. Sawan has focused on cutting costs, boosting reliability and shedding underperforming assets in an effort to close a valuation gap between Shell and its US competitors. The strategy, which includes refocusing the company on its core oil and gas business and an emphasis on shareholder returns, has helped Shell shares outperform its closest rivals this year but left it with questions hanging over its future oil production growth. 'This is a disappointing update from Shell, and we expect it to weigh on the shares in the near term,' Borkahataria said. 'That said, just like one quarter did not make a positive trend, we do not expect this to alter the longer-term thesis.' The weaker contribution from trading eroded an increase in margins from refining and chemicals, although the latter division is nevertheless expected to report a loss when Shell publishes its earnings results in late July. Oil swung wildly in the quarter, diving to a four-year low in April as US President Donald Trump unleashed a global trade war and OPEC+ boosted supply. It then spiked last month as Israel struck targets in Iran, before retreating back below $70 as tensions in the Middle East calmed. Output decreased by nearly 100,000 barrels a day from the first quarter, largely because of Shell's sale of its onshore Nigeria subsidiary and scheduled maintenance. Shell had already notified investors of its expected production with oil and gas volumes in line with previous guidance, given in May. Shell is the world's biggest trader of liquefied natural gas, and has forecast that global demand will grow by about 60% by 2040. Its LNG Canada project, which began its first exports in recent weeks, is one of a slew of new projects coming online globally in the next few years. Liquefaction volumes in the second quarter were in line with the first quarter. Jefferies analyst Giacomo Romeo noted that Shell's earnings also face headwinds from higher costs within the integrated gas division. Shell's trading update comes less than two weeks after the company announced it had no intention of making an offer for BP Plc, in a statement that quelled months of speculation and ties its hands for the next six months under UK takeover rules. The company is scheduled to report second-quarter results July 31. (Updates with analyst reactions and lower shares.) For Brazil's Criminals, Coffee Beans Are the Target Sperm Freezing Is a New Hot Market for Startups SNAP Cuts in Big Tax Bill Will Hit a Lot of Trump Voters Too Pistachios Are Everywhere Right Now, Not Just in Dubai Chocolate China's Homegrown Jewelry Superstar ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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Stocks to watch this week: Shell, TSMC, Levi Strauss, Vistry and Jet2
Tariffs are set to be the focus for investors in the next week, with US president Donald Trump's deadline for the resumption of sweeping duties coming up on 9 July, but there are also a number of major companies due to report. Shell (SHEL.L) will kick off the week's company reporting, with the oil major due to update on second quarter performance on Monday. Investors will be looking at TSMC's ( TSM) latest monthly sales figures, given the company is the world's largest contract chipmaker, helping to give a sense of demand in the sector. In the world of retail, investors will be keeping an eye on results from Levi Strauss (LEVI) to see how the jeans brand is navigating tariff uncertainty. Back in the UK, Vistry (VTY.L) will be in the spotlight, with investors hoping the housebuilder's troubles are behind it after issuing three profit warnings towards the end of last year. Given Jet2 (JET2.L) has already provided some guidance on performance for the year in a trading update, the focus will be on the travel company's outlook for the year ahead. Here's more on what to look out for: The share prices of FTSE 100-listed (^FTSE) companies Shell (SHEL.L) and BP (BP.L) have fluctuated in the past month thanks to big swings in oil prices, as conflict between Iran and Israel sparked concerns about disruption to supply through the Strait of Hormuz. While a ceasefire between the two countries appears to be holding, traders continue to watch developments around the issue of Iran's nuclear programme, in terms of how this impacts tensions in the Middle East. However, oil prices have steadied in the wake of the truce, with investors now focused on an expected decision to increase supply when major producers meet this weekend. The Organisation of the Petroleum Exporting Countries and its allies, known as OPEC+, are widely expected to agree on a production increase of 411,000 barrels per day. Prior to the June spike in oil prices, fears that tariff-fuelled economic downturn could dampen demand for fuel weighed on the commodity. This has contributed to longer-term concerns about slowing demand putting pressure on companies' refining margins, which reflect the profits made from processing oil. Read more: Global economy to slow amid 'most severe trade war since 1930s', says Fitch In the first quarter, Shell (SHEL.L) posted a global indicative refining margin of $6.20 a barrel, which was up from $5.50 in the fourth quarter, but down from $12 for the same quarter last year. The Anglo-Dutch energy major reported adjusted earnings of $5.58bn (£4.09bn) for the three months to March, down 28% from $7.73bn a year earlier but ahead of the $5.09bn forecast by analysts polled by London Stock Exchange Group (LSEG.L). Despite the fall in profits, Shell (SHEL.L) announced another $3.5bn in share buybacks with the release of the results in May, which marked its 14th consecutive quarter of repurchases of at least $3bn. Meanwhile, BP (BP.L) reported a significant drop in first-quarter profit. The company reported an underlying replacement cost profit — a key metric used as a proxy for net profit — of $1.38bn (£1bn), falling short of the $1.53bn forecast by analysts polled by LSEG (LSEG.L). BP's (BP.L) weaker performance has led to speculation that the oil major has become a takeover target, with reports that Shell (SHEL.L) was in talks to make a bid on its rival. However, Shell put paid to the rumours in a statement to markets at the end of June, saying it had "no intention of making an offer for BP". Attention will now turn to Shell's (SHEL.L) second quarter update release on Monday, which should give investors an idea as to how the oil major has been performing ahead of it publishing the full results on 31 July. TSMC's ( TSM) June sales data will also give a sense of how the chipmaker has performed in the first half of the year. For May, TSMC ( TSM) posted net revenue of TWD320.52bn (£8.11bn), which was down 8.3% on the previous month but up nearly 40% on the same month last year. The chipmaker has guided to net revenue of $28.4bn to $29.2bn for the second quarter, which would be up from $25.5bn for the first quarter. TSMC ( TSM) is due to release its full second quarter results on 17 July. In a note on Thursday, Barclays (BARC.L) analysts, who have an "overweight" rating on the stock, said that they continued to see the stock as a "core holding". Read more: Whatever happened to NFTs? "Monthly sales data so far this quarter shows continued strong revenues meaning over 2/3s of quarterly guidance has already been achieved," they said. "Thus we think TMSC ( TSM) can beat its guidance for revenues and we see scope for an upgrade to FY (full year). The analysts added: "The debate we think is on 2H and whether TSMC ( TSM) is able to deliver further sequential growth or if what we believe have been pull-in benefits limit quarterly growth from here. We increase our USD revenues for 2025 and now model +33% growth yoy, and if pull in activity has been limited then we think our estimates could be conservative." Year-to-date TSMC's ( TSM) Taipei-listed shares are less than 1% in the green, as tariff-related volatility has weighed on chip stocks more broadly. Despite beating expectations in the first quarter, shares in Levi Strauss & Co (LEVI) fell after it posted its results in April, which were released just days after Trump announced sweeping tariffs on "Liberation Day". Levi Strauss (LEVI) maintained its top and bottom line guidance for the year but said this excluded the impact from the tariff announcements but added that it anticipated minimal impact to its margins for the second quarter. Read more: Stocks that are trending today Speaking to Yahoo Finance at the time, Levi Strauss (LEVI) chief financial officer Harmit Singh said the company debated lifting its full-year guidance but felt it was "prudent" to maintain its outlook, given it was early in the year and in light of the tariff announcement. Levi Strauss (LEVI) posted net revenues of $1.5bn in the first quarter, which was up 9% on an organic basis on the same period last year. Adjusted earnings per share came in at $0.38, compared with $0.25 for the first quarter of 2024. For the year, the jeans maker has guided to 3.5% to 4.5% growth in organic net revenues, while earnings per share are expected to be between $1.20 and $1.25. Shares in Vistry Group (VTY.L) are up 8% year-to-date but have failed to recover from a sharp drop towards the end of last year on the back of profit warnings by the housebuilder. While revenue for the year rose 7% to £17.2bn ($23.5bn), final profit before tax was down 35% to £263.5m. Vistry (VTY.L) is due to share a trading update on Thursday, giving investors a glimpse into what to expect from its actual half-year results in September. AJ Bell's (AJB.L) investment experts Danni Hewson and Coatsworth said: "Analysts will look to chief executive Greg Fitzgerald for reassurance that last year's problems were limited to just two of the four regional operations in the south and that they are now in hand, after a major reorganisation of management there." Read more: The most popular stocks and funds investors bought in June While they said the update is unlikely to be too detailed, areas to watch include any commentary on the housebuilder's forward order book, which stood at £4.4bn at the last count. The company's sales rate per site per week would be another area to keep an eye on, which came in at 0.59 in the first quarter. The outlook for the second half and how that is expected to contribute to full-year profits will also be in focus. Hewson and Coatsworth said current analyst consensus is looking for adjusted pre-tax profit of £270m this year. "Any sign of improved momentum in the order book and sales per outlet, as well as debt reduction, could be taken well, providing 2024's problems are indeed behind Vistry (VTY.L), and there are no more additional charges for cladding remediation, either," they said. "At least the shares are bumping around one times tangible net asset value (NAV), so value hunters have something to ponder there, given the huge derating from two times and more." Shares in Jet2 (JET2.L) surged after its full-year trading update at the end of April and have continued to climb since then, hitting an all-time high in June. For the year, Jet2 (JET2.L) said it expected profit before foreign exchange revaluation and tax to come in between £565m and £570m for the year. That excluded a £10m profit on disposal of assets primarily from our retired Boeing 757- 200 aircraft fleet. The travel company said that this would represent approximately 9% growth on profits for the previous year. Stocks: Create your watchlist and portfolio At the time, Jet2 (JET2.L) said its sale capacity for this summer was 8.3% than the previous year at 18.3 million seats, with new bases at Bournemouth and London Luton airports contributing approximately 4% of this growth. Steve Heapy, CEO of Jet2 (JET2.L), said that the 2025 financial year "ended with another year of healthy profit growth, which underlines the resilience, flexibility and popularity of our product offering". "Although still very early in FY26, we are satisfied with progress for summer 2025 so far," he said. Jet2 (JET2.L) also announced plans to launch a £250m share buyback programme, in more welcome news for investors. Monday 7 July Sinovac Biotech (SVA) Tuesday 8 July Unite Group (UTG.L) Quantum Corporation (QMCO) Wednesday 9 July ZigUp (ZIG.L) Thursday 10 July DCC (DCC.L) PageGroup (PAGE.L) Delta Air Lines (DAL) You can read Yahoo Finance's full calendar here. Read more: Key investing trends in June, from defence stocks to Tesla's sales slump What are premium bonds and what are the odds of winning? How the government's benefits changes could affect your taxes
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Trending tickers: Shell, Tesla, Jio Financial Services, FWD Group and Glencore
Shares in oil major Shell (SHEL.L) fell 3.2% on Monday, after the company warned that it expected to report lower trading and production results for its gas division in the second quarter. Shell lowered the top end of its production guidance for the integrated natural gas division to 900,000 to 940,000 barrels of oil equivalent per day (boe/d) for the quarter, compared with a range of 890,000 to 950,000 previously given. The upper end of its outlook for its liquefied natural gas (LNG) production was also lowered, to 6.4 to 6.8 million metric tons compared with a previous range of 6.3 to 6.9 million tons. Read more: FTSE 100 falls as Trump threatens extra 10% Brics tariff Dan Coatsworth, an investment analyst at AJ Bell (AJB.L), said: "Shell's latest quarterly results teaser has created trepidation that the numbers will be a dud. "Shell will be announcing its upcoming earnings amid considerable volatility in the energy market and the wider global economy. "Shell may face further questions when it unveils its results in full later this month about its intentions with regards to BP. Despite widespread speculation, Shell has denied it has any intention of merging with its stricken counterpart, but the story refuses to go away as BP's struggles continue." Shares in Tesla (TSLA) slid more than 6% in pre-market trading on Monday after CEO Elon Musk said he was launching a new political party. Musk asked X users in a poll on the Independence Day holiday on Friday whether the "America Party" should be created. In another post on Saturday, Musk said: "By a factor of 2 to 1, you want a new political party and you shall have it! When it comes to bankrupting our country with waste & graft, we live in a one-party system, not a democracy. Today, the America Party is formed to give you back your freedom." Read more: Stocks to watch this week: Shell, TSMC, Levi Strauss, Vistry and Jet2 Musk had said during his public feud with US president Donald Trump that he would look to form a new party. His latest comments came after Trump signed his "big, beautiful bill" into law on Friday, to which Musk was strongly opposed. In response to Musk's plans, Trump said in a post on Truth Social on Sunday that the Tesla CEO had gone "off the rails". "He even wants to start a Third Political Party, despite the fact that they have never succeeded in the United States - The System seems not designed for them," Trump said. Veteran tech analyst Dan Ives of Wedbush said on X on Sunday that Musk diving deeper into politics "is exactly the opposite direction that most Tesla investors want him to take during this crucial period" for the company, adding that it was causing "exhaustion" for many investors. Shares in India's Jio Financial Services ( originally a subsidiary of Indian billionaire Mukesh Ambani's Reliance Industries, rose 1.3% on Monday. The rise came after Jio BlackRock Asset Management, a joint venture between Jio Financial Services and BlackRock (BLK), had raised more than $2.1bn (£1.5bn) across three cash or debt mutual fund schemes, according to a Reuters report. The investment adviser reportedly said in a statement that its first three-day offer received investments from more than 90 institutional investors and more than 67,000 retail investors. On the Hong Kong market, shares in FWD Group Holdings ( rose in their trading debut on Monday. Shares in the insurer, which was founded by billionaire Richard Li, rose as much as 2.1% in Monday's session, according to Bloomberg, before closing just above the flatline. The company's initial public offering (IPO) reportedly raised HK$3.5bn (£328m). In a statement on Monday, Li said: "FWD Group is an international team of financial professionals focused on the fastest-growing insurance market in the world – Asia. Today's listing is an important milestone for our customers, our partners and our teams across Asia, and highlights Hong Kong's continued strength as a good listing destination." Back on the UK market, miner Glencore (GLEN.L) was one of the biggest fallers on the FTSE 100 (^FTSE), with shares down 1.6% on Monday morning. Shares were under pressure as trade uncertainty weighed on the UK blue-chip index more broadly, after Trump threatened to impose a new 10% tariff on any country that aligns itself with the Brics group of nations – which includes China, Russia and India. Glencore was down despite the miner announcing the start of a share buyback programme worth up to $1bn. The company said in a statement on Monday that it planned to complete the buybacks by the release of its 2025 full-year results in February 2026. Read more: Key investing trends in June, from defence stocks to Tesla's sales slump What are premium bonds and what are the odds of winning? How the government's benefits changes could affect your taxesError in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
