Home > How to buy Shell shares (LON:SHEL)

To buy shares in Shell (LON:SHEL), you need a trading or share dealing account. Follow these three steps if you want to buy shares in Shell Plc:

  1. Decide if you want to buy Shell shares in the short-term or invest in the long-term
  2. Compare share dealing and trading fees in our comparison tables
  3. Choose which broker is right for you and open an account

If you want to hold Shell shares in the long term you are best off using an investment platform. But, if you want to speculate on the price of Shell in the short term, you can use a trading platform that offers CFDs, financial spread betting or options trading. Use the below comparison tables to see which is the cheapest broker for your investment objectives.

How much does it cost to buy Shell (LON:SHEL) shares?

Buying one LON:SHEL share costs 2305p. However, as well as the 2305p cost of buying the shares you will also have to pay stamp duty, dealing and custody account fees for holding your shares with a broker. You also have to consider the difference between the bid price (the price at which you sell shares) and the offer price (the price at which you buy shares). These fees vary depending on what sort of account you open, and with what broker.  You can compare the different costs associated with the different types of trading and investing accounts in our comparison tables below.

It’s also important to remember that share prices can move quickly, for example, the current LON:SHEL share price is 2305p which is a change of -62 or -2.62% from the last closing price of 2305 with 8540483 shares traded giving LON:SHEL a market capitalisation of £202627120796. The most recent daily high has been 2367.5 and daily low 2291. The LON:SHEL share price 52 week high has been 2557 and the 52 week low 1833.4. Based on the most recent LON:SHEL share price opening of 2305, the current LON:SHEL EPS (earnings per share) are 4.74 and the PE (price earnings ratio) is 4.87.

Pricing data automatically updates every 15 minutes

Compare investment accounts for buying Shell shares:

UK Share Dealing PlatformShare Account FeeUK Share Dealing CommissionGeneral Investment AccountISASIPPJunior ISAJunior SIPPLifetime ISAMore Info
Interactive Investor UK share dealing£9.99 pm£5.99✔️✔️✔️✔️See Offers
Capital at Risk
Hargreaves Lansdown UK share dealing£0£11.95✔️✔️✔️✔️✔️✔️See Offers
Capital at Risk
AJ Bell UK share dealing0.25%£9.95✔️✔️✔️✔️✔️✔️See Offers
Capital at Risk
Bestinvest UK share dealing0.4%£4.95✔️✔️✔️✔️✔️See Offers
Capital at Risk
IG UK share dealing£0£8✔️✔️✔️See Offers
Capital at Risk
Saxo Markets UK share dealing£00.10%✔️✔️✔️See Offers
Capital at Risk
Interactive Brokers UK share dealing£00.05%✔️✔️✔️See Offers
Capital at Risk

Compare brokers for trading Shell shares:

UK Share Trading PlatformCosts & SpreadsUK SharesOvernight FinancingShare CFDsSpread BettingDMAInvestingMore InfoRisk Warning
City Index UK Share Trading
City Index
0.08%5,0002.5% +/- SONIA✔️✔️See Platform69% of retail investor accounts lose money when trading CFDs with this provider
Interactive Brokers UK Share Trading
Interactive Brokers
0.02%5001.5% +/- SONIA✔️✔️✔️See Platform60% of retail investor accounts lose money when trading CFDs with this provider
CMC Markets UK Share Trading
CMC Markets
0.1%7452.9% +/- SONIA✔️✔️See Platform76% of retail investor accounts lose money when trading CFDs with this provider
Pepperstone UK Share Trading
Pepperstone
0.1%1922.5% +/- SONIA✔️✔️See Platform74% of retail investor accounts lose money when trading CFDs with this provider
IG UK Share Trading
IG
0.1%3,9252.5% +/- SONIA✔️✔️✔️✔️See Platform73% of retail investor accounts lose money when trading CFDs with this provider
Saxo Markets UK Share Trading
Saxo Markets
0.05%3,5002.5% +/- SAXO Rate✔️✔️✔️See Platform70% of retail investor accounts lose money when trading CFDs with this provider
Spreadex  UK Share Trading
Spreadex
0.2%1,5753% +/- SONIA✔️✔️See Platform69% of retail investor accounts lose money when trading CFDs with this provider
eToro UK Share Trading
eToro
0.15%292+6.4%/-2.9% SONIA✔️✔️See Platform77% of retail investor accounts lose money when trading CFDs with this provider

Shell share price FAQ (LON:SHEL):

The answers to our frequently asked questions by people interested in buying Shell shares about Shell’s share price are automatically updated every 15 minutes.

What is the live Shell share price?

The current Shell share price is 2305p

How much has Shell’s share price moved today?

Shell’s share price has moved -62p or -2.62% today.

How much was Shell’s share price yesterday?

Yesterday, Shell’s share price closed at 2305p

How many Shell shares are traded each day?

There were 8540483 shares traded in Shell yesterday.

What is Shell’s market capitalisation (market cap)?

Shell has market cap of £202627120796

What has been Shell’s share price most recent daily high?

Shell’s most recent daily high has been 2367.5p

What has been Shell’s share price most recent daily low?

Shell’s most recent daily low has been 2291p

How high has the Shell share price been in the last year?

The Shell share price 52 week high has been 2557p

How low has the Shell share price been in the last year?

The Shell share price 52 week high has been 1833.4p

What is Shell’s earnings per share?

Shell’s current earnings per share (EPS) is 4.74

What is Shell’s price-earnings ratio (PE)?

Shell’s current price-earnings ratio (PE) is 4.87

Is Shell (LON:SHEL) a good investment in the long run?

Shell plc is raking it in. Last week, the UK-listed oil company reported another $9.5 billion in profits for shareholders – equivalent to $315 million every day. While that is a little lower than the $11.5 billion Shell made in the second quarter, in these challenging times, no investors are complaining about that.

So profitable is Shell’s oil & gas operations that the company boasts its third-quarter result as a ‘robust performance in a turbulent economic environment’. Many would wholeheartedly agree.

Backed by these vast profits, another $4 billion share buyback is in the pipeline, on top of the $14.5 billion buyback in the first three quarters. 

Remember, not so long ago (24 months), oil companies were priced for extinction. The pandemic led to sub-zero oil prices; huge losses swelled among oil majors. But war, a return to economic normality, and a surge in commodity prices led to a stark reversal in their fortunes. To be fair, the oil business and commodities trading is not for the faint-hearted.

Over the long term, Shell’s share price has performed well. While its business did not grow wildly like Tesla, Shell is stable, reliable and most importantly, profitable. Its long-term chart since 1986 attests to this opinion.

Royal Dutch Shell Share Price

The downside for Shell is that it is facing monumental challenges to its underlying business. The global energy complex is transitioning to a low-carbon system. This threatens Shell’s current operation. As such, the company is actively diversifying into other businesses, as depicted in Shell’s latest strategy update:

Royal Dutch Shell Strategy Update

Will this work? Perhaps. But the transition will take many years to complete. In the meantime, Shell is generating a pile of growing profits. The company’s outlook is bullish and may stay so for the time being.

When is the best time to buy Shell’s shares?

Energy is a cyclical business. Good and bad times rotate like day and night. The primary cause of this is the ebb and flow of the business cycle, leading to economic booms and busts.

The best time to buy energy companies is during the lean years – when the outlook is very bearish and prices cheap.

To give you a recent example. In October 2020, in the dark days before the rollout of the covid vaccine, Shell was trading at sub 900p. Now, prices are north of 2,400p. Investors who bought during the gloom and held would have profited handsomely.

Look at Shell’s weekly chart above, which gives you can an idea how long the cycle last. Peak-to-peak trends are spread around 5-6 years; the average drawdown (prices measured from peak to bottom) is around 45-55 percent.

So the general rule is that you wait for Shell’s share prices to halve from its cyclical peak before contemplating buying. Another thing to note is that you have to stick around for some years.

Is Shell’s share price overvalued or undervalued at the moment?

Shell’s share price has been rising firmly in 2022. Even this has not raised Shell’s price-earnings ratio meaningfully.

According to some calculations, Shell’s PE ratio stands at a reasonable 4.87. While its dividend yield is at a good 3.81%.

In the nutshell, the company is not hugely expensive and there is scope for a higher valuation.

Why has Shell’s share price risen recently?

The buoyant oil and gas price is the primary reason for Shell’s share price rally.

Brent Oil, for example, has remained steady above $80, around the level back in February. Natural Gas prices are higher. Taken together, Shell’s revenue will continue to stay elevated.

Investors like certainty. Therefore they piled into the sector. Even Warren Buffett has taken a large position in a US oil company, Occidental Petroleum (OXY:US).

The sentiment towards the sector is currently bullish. Many oil stocks are making new 52-week highs – a technical fact that will certainly attract more buyers.

What is Shell’s share price prediction?

Most analysts are bullish on Shell’s share price. According to the Financial Times, more analysts have rated Shell as ‘Outperform’ – perhaps attracted by its uncharacteristically large profits.

This raises a unique problem for Shell: Profits are too large. This is causing concern among investors that a ‘windfall tax’ is being devised to reduce the economic burden on government finances. Should the political wind gathers sufficient pace for this policy, it will happen and reduce Shell’s profits.

Shell Price Prediction

Latest Royal Dutch Shell Share Price Predictions

Date Broker name New Price at time Old price prediction New price prediction Prediction Type
31-Oct-22 Berenberg Bank  Buy 2,404.00 2,800.00 2,900.00 Reiteration
28-Oct-22 Barclays  Overweight 2,418.50 3,300.00 3,300.00 Reiteration
28-Oct-22 Deutsche  Buy 2,418.50 2,779.00 2,761.00 Reiteration
13-Oct-22 JP Morgan Cazenove  Overweight 2,302.50 3,000.00 2,900.00 Reiteration
07-Oct-22 RBC Capital Markets  Outperform 2,345.50 3,200.00 3,200.00 Reiteration
06-Oct-22 Barclays  Overweight 2,312.00 3,300.00 3,300.00 Reiteration
Averages 2,366.83 3,063.17 3,060.17

 

Scroll to Top

Get our latest reviews, news & interviews via email

Sign up to our newsletter and make more of your money