0911 GMT - Shell's acquisition of ARC Resources is an important step in the company's transformation and shows management can add resources while being financially disciplined, Berenberg's Henry Tarr writes in a note. Extremely strong cash flow generation over the first three months of 2026 may create room for further acquisitions this year, he adds. The U.K. energy group's stock has materially underperformed peers over the past year due to lower growth opportunities, he adds. Shares rise 1.6% to 3,179 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
May 12, 2026 05:13 ET (09:13 GMT)
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