Seeking Alpha(@SeekingAlpha):$SHEL and $XOM are exploring an $8B sale of joint venture Infineum to refocus on core energy operations. $XLE Infineum: Specialty chemical maker generating up to $800M in annual EBITDA The prospective deal follows $BP's $10B sale of its Castrol lubricants business last year. PEG ratio: Shell = 1.10, with a lower enterprise value multiple ExxonMobil = 1.33 Seeking Alpha Quant Ratings: Shell = Hold ExxonMobil = Hold $CVX = Strong Buy Shedding non-core chemical assets frees capital for high-return upstream oil and gas development across both balance sheets. Is shedding chemicals the right move for Big Oil?

2026.10.23 21:10

$SHEL and $XOM are exploring an $8B sale of joint venture Infineum to refocus on core energy operations. $XLE Infineum: Specialty chemical maker generating up to $800M in annual EBITDA The prospective deal follows $BP's $10B sale of its Castrol lubricants business last year. PEG ratio: Shell = 1.10, with a lower enterprise value multiple ExxonMobil = 1.33 Seeking Alpha Quant Ratings: Shell = Hold ExxonMobil = Hold $CVX = Strong Buy Shedding non-core chemical assets frees capital for high-return upstream oil and gas development across both balance sheets. Is shedding chemicals the right move for Big Oil?