This Energy Giant Looks Like a Bargain

Investors person piled into vigor stocks this year, sending prices sharply higher, but bargains stay successful the sector. Shell, the United Kingdom–domiciled vigor giant, is one.

Shell (ticker: SHEL) has immoderate of the astir charismatic assets successful the planetary vigor business, notably the world’s largest liquefied natural-gas concern and the biggest web of work stations. But astatine a caller $55, its U.S.-listed shares commercialized for conscionable six times projected 2022 net of $9 a share. Exxon Mobil (XOM), astatine $86, fetches 9 times estimated...