Shell Research and Development Expenses 2010-2023 | SHEL
Shell annual/quarterly research and development expenses history and growth rate from 2010 to 2023. Research and development expenses can be defined as an expense arising from studies and product development processes.
- Shell research and development expenses for the quarter ending December 31, 2023 were $0.470B, a 16.92% increase year-over-year.
- Shell research and development expenses for the twelve months ending December 31, 2023 were $1.287B, a 19.72% increase year-over-year.
- Shell annual research and development expenses for 2023 were $1.287B, a 19.72% increase from 2022.
- Shell annual research and development expenses for 2022 were $1.075B, a 31.9% increase from 2021.
- Shell annual research and development expenses for 2021 were $0.815B, a 10.14% decline from 2020.
Shell Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$1,287 |
| 2022 |
$1,075 |
| 2021 |
$815 |
| 2020 |
$907 |
| 2019 |
$962 |
| 2018 |
$986 |
| 2017 |
$922 |
| 2016 |
$1,014 |
| 2015 |
$1,093 |
| 2014 |
$1,222 |
| 2013 |
$1,318 |
| 2012 |
$1,307 |
| 2011 |
$1,123 |
| 2010 |
$1,019 |
| 2009 |
$1,125 |
Shell Quarterly Research and Development Expenses
(Millions of US $) |
| 2023-12-31 |
$470 |
| 2023-09-30 |
$267 |
| 2023-06-30 |
$297 |
| 2023-03-31 |
$253 |
| 2022-12-31 |
$402 |
| 2022-09-30 |
$220 |
| 2022-06-30 |
$264 |
| 2022-03-31 |
$189 |
| 2021-12-31 |
$303 |
| 2021-09-30 |
$145 |
| 2021-06-30 |
$201 |
| 2021-03-31 |
$166 |
| 2020-12-31 |
$199 |
| 2020-09-30 |
$233 |
| 2020-06-30 |
$232 |
| 2020-03-31 |
$243 |
| 2019-12-31 |
$306 |
| 2019-09-30 |
$219 |
| 2019-06-30 |
$225 |
| 2019-03-31 |
$212 |
| 2018-12-31 |
$314 |
| 2018-09-30 |
$227 |
| 2018-06-30 |
$237 |
| 2018-03-31 |
$208 |
| 2017-12-31 |
$260 |
| 2017-09-30 |
$230 |
| 2017-06-30 |
$220 |
| 2017-03-31 |
$212 |
| 2016-12-31 |
$280 |
| 2016-09-30 |
$248 |
| 2016-06-30 |
$243 |
| 2016-03-31 |
$243 |
| 2015-12-31 |
$297 |
| 2015-09-30 |
$291 |
| 2015-06-30 |
$252 |
| 2015-03-31 |
$253 |
| 2014-12-31 |
$363 |
| 2014-09-30 |
$302 |
| 2014-06-30 |
$274 |
| 2014-03-31 |
$283 |
| 2013-12-31 |
$428 |
| 2013-09-30 |
$291 |
| 2013-06-30 |
$305 |
| 2013-03-31 |
$294 |
| 2012-12-31 |
$416 |
| 2012-09-30 |
$310 |
| 2012-06-30 |
$287 |
| 2012-03-31 |
$294 |
| 2011-12-31 |
$404 |
| 2011-09-30 |
$253 |
| 2011-06-30 |
$249 |
| 2011-03-31 |
$219 |
| 2010-12-31 |
$422 |
| 2010-09-30 |
$203 |
| 2010-06-30 |
$180 |
| 2010-03-31 |
$214 |
| 2009-12-31 |
$331 |
| 2009-09-30 |
$318 |
| 2009-06-30 |
$269 |
| 2009-03-31 |
$207 |
| Sector |
Industry |
Market Cap |
Revenue |
| Oils/Energy |
Oil & Gas - International Integrated |
$235.754B |
$323.183B |
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Shell plc operates as an energy and petrochemical company. It explores for and extracts crude oil, natural gas and natural gas liquids; markets and transports oil and gas; produces gas-to-liquids fuels and other products. Shell plc, formerly known as Royal Dutch Shell plc, is based in The Hague, the Netherlands.
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