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DewDiligence

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DewDiligence

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Re: DewDiligence post# 497

Thursday, 10/06/2022 9:42:37 AM

Thursday, October 06, 2022 9:42:37 AM

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SHEL—(-5%)—pre-announces weak 3Q22:

https://finance.yahoo.com/news/shell-third-quarter-2022-note-060000198.html

The weakness was spread across all segments, but especially notable was that margins in the chemicals segment were negative $27/tonne, compared with (positive) $86/tonne in 2Q22.

“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”

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