Shell (NYSE:SHEL) has shared its outlook for the second quarter of 2024, detailing expected performance across its various business segments.

The Integrated Gas division is projected to produce between 940,000 and 980,000 barrels of oil equivalent per day (kboe/d), with liquefied natural gas (LNG) liquefaction volumes anticipated to be between 6.8 and 7.2 million tonnes.

This segment also expects adjusted earnings with a pre-tax depreciation ranging from $1.2 to $1.6 billion.

In the Upstream segment, Shell forecasts production to be between 1,720,000 and 1,820,000 kboe/d, with pre-tax depreciation expected to be between $2.5 and $2.9 billion.

The company also foresees a $0.2 billion profit from joint ventures and $0.2 billion in exploration well write-offs for Q2 2024.

These projections provide a comprehensive view of Shell’s anticipated performance and strategic adjustments for the nearing quarter.