As of May 2024, Shell has a market cap of $232.16 billion. This makes Shell the world’s 47th most valuable com-pany by market capitali- sation. The market capitalisation, commonly called a market cap, is the total market value of a publicly traded company’s outstanding shares and is commonly used to measure how much a company is worth.
Royal Dutch Shell is one of the world’s largest mineral oil and natural gas companies. The group is active in more than 140 countries. Shell employs around 83 000 people worldwide.
Shell Downstream SA (SDSA) was formed after Shell South Africa and Black empowerment company, Thebe Investment Corporation, agreed a decade ago to merge their Shell South Africa Marketing and Shell South Refining businesses. Thebe held a 28% equity stake. The fact that out of 140 countries, Shell choose to leave South Africa requires a serious look at our policies that affect investment.
According to the Shell web page: “Powering progress sets out our
