Robert Way/iStock Editorial via Getty Images Following our update on TotalEnergies SE (TTE) with a solid buy rating, it is time to review our Shell plc valuation (NYSE:SHEL) (OTCPK:RYDAF). As a reminder, the company is the result of the merger between Shell Transport and Trading and Royal Dutch Petroleum, completed in 2005. In 2022, Royal Dutch Shell was renamed Shell and moved its headquarters to the UK. The company is one of the super-major oil players with arms in low-carbon activities (hydrogen, ren ...