两年前，壳牌的管理层曾讨论过将公司迁往美国，以提高公司的估值
欧洲和美国石油巨头的估值存在明显差异，分析师认为这种差异与ESG因素和能源转型计划有关
bp最近收回了一些能源转型的承诺，导致其股价上涨了10%
中国石化新闻网讯 据油价网2月28日报道，英国《金融时报》援引不愿透露姓名知情人士的话报道称，壳牌的高管领导层讨论了离开欧洲、迁往美国的问题。
据英国《金融时报》消息人士透露，壳牌新任首席执行官Wael Sawan曾是两年前一个高管团队的成员，该团队曾考虑将壳牌总部搬到美国，并在美国上市。
搬迁的想法最终被放弃，但英国《金融时报》指出，壳牌首席执行官仍然担心壳牌与美国同行之间的估值差异。
事实上，欧洲和美国大型石油公司的估值存在明显差异。分析人士认为，这主要有两个原因：首先是ESG投资在欧洲的影响力更大，另一个原因是ESG投资者和传统投资者似乎都不太相信欧洲石油巨头的转型计划。
与此同时，至少有一家欧洲大型石油巨头表示，它不会毫不动摇地坚持其转型计划。在发布最新财务业绩时表示，该公司已修改了减排计划，现在将减少石油和天然气产量作为减排的一种手段。
“我们被严重低估了”，bp的伯纳德·鲁尼(Bernard Looney)在该公司宣布计划在中期提高石油和天然气产量的同时表示。
《巴伦周刊》本月早些时候报道称，bp、壳牌公司和道达尔能源公司的股价约为今年预期利润的5至7倍，这是在他们预测2022年的创纪录利润之后发生的事。
与此同时，《巴伦周刊》指出，埃克森美孚和雪佛龙的股价是其2023年预期收益的11倍。英国《金融时报》报道称，壳牌的Sawan和其他公司高管对bp宣布的生产计划感到“震惊”，该公司股价在宣布产量计划后上涨了10%。
寿琳玲 编译自 油价网
原文如下：
Shell Considered Relocating To The U.S. In Pursuit Of Higher Value
Two years ago, Shell’s executive leadership discussed relocating to the U.S. in order to boost the company’s valuation.
There is a stark difference in valuation between European and U.S. oil majors, a difference that analysts believes is related to ESG factors and energy transition plans.
BP recently backtracked>Shell’s executive leadership discussed leaving Europe and relocating to the United States, the Financial Times has reported, citing unnamed sources familiar with the discussion.
According to the FT’s sources, the supermajor’s new chief executive, Wael Sawan, was part of a team of top executives that two years ago considered moving Shell’s headquarters to the U.S. and listing the company there, too.
The relocation idea was ultimately dropped but the FT notes that Shell’s chief executive remains worried about the difference in valuation between Shell and its U.S. peers.
Indeed, there has been a stark difference in the valuations of European and U.S. Big Oil majors. According to analysts, there are two primary reasons for this: the first is the greater clout that ESG investing has in Europe and the other is that neither ESG-focused nor traditional investors seem to be particularly convinced of European Big Oil’s transition plans.
Meanwhile, at least>“We’re grossly undervalued,” BP’s Bernard Looney said at around the same time his company announced plans to actually boost oil and gas production over the medium term.
Barron’s reported earlier this month that BP, Shell, and TotalEnergies are trading at around five to seven times their expected profits for this year—after the record profits they booked for 2022.
Meanwhile, Exxon and Chevron are trading at 11 times their expected 2023 earnings, Barron’s noted. The FT, for its part, reported that Shell’s Sawan and other company executives had been “stunned” by BP’s production plan announcement and the fact its stock gained 10 percent following that announcement.
