Undervalued Natural Gas Stocks: Shell (SHEL)

PARAGRAPH 1: Shell plc (SHEL), the seventh-largest company globally, has seen increased analyst interest in recent months. On June 8, 2026, Argus raised its target price to $98, while TD Cowen maintained a 'Buy' rating with a reduced price target of $110. Goldman Sachs favors Shell in the next phase of the 'HALO' trade. Notably, Shell's stock entered oversold territory with an RSI of 28.2 on July 1, 2026. Additionally, Shell has signed a memorandum of understanding with Sinexcel for EV charging, and Talos Energy announced a joint acquisition of deepwater assets from Shell.

PARAGRAPH 2: The bullish sentiment around Shell is driven by its undervalued status, strong dividend yield (3.24%), and strategic investments in renewable energy. The company's integrated energy operations and low-cost production profile have attracted hedge fund interest. The narrative is pushing Shell's stock price higher, benefiting investors who have been accumulating shares at oversold levels.

PARAGRAPH 3: Coming up, Shell's earnings report on August 4, 2026, will provide insights into its operational performance and progress on strategic initiatives. Additionally, the reopening of the Strait of Hormuz, expected by Piper Sandler to occur in late 2026, could further boost Shell's oil and gas exports. Lastly, Shell's planned $5.5 billion buyback, as anticipated by TD Cowen, may commence following the earnings release, potentially providing additional support to the stock price.