Shell, formerly Royal Dutch Shell, reported a total revenue of 284.31 billion U.S. dollars in 2024. This was a decrease compared to the previous year as crude oil prices were notably lower than in the previous two years. As one of the largest oil and gas companies in the world, the company reported its greatest profits during years when the average benchmark oil prices, such as the Brent crude, were particularly high. Shell's financials Shell is one of the so-called Big Oil companies, the largest publicly traded oil and gas companies worldwide, and operates in every vertical of the oil and gas industry. The company is headquartered in London, United Kingdom. In 2024, it was the fourth highest ranked oil and gas company based on revenues following Sinopec, PetroChina, and ExxonMobil. Asia and Europe are the regions generating most of Shell's revenues, accounting for around two thirds. Shell’s oil and natural gas liquids production In 2024, Shell’s oil and natural gas liquids production amounted to over 531 million barrels worldwide. Since 2022, the company’s production output has remained around 530 million barrels. That same year, Asia was the region with the highest production with over 190 million barrels of liquids produced.

In 2024, Shell's net income amounted to 16.52 billion U.S. dollars. This is a decrease of some 36 billion U.S. dollars compared to 2022, when the Anglo-Dutch company reported a historic net profit of roughly 42.87 billion U.S. dollars. Headquartered in London, United Kingdom, Shell is not only one of the world’s largest oil and gas companies, but also one of the largest companies worldwide in general. Shell in history and today As one of the six oil and gas supermajors in the world, Shell's revenue regularly exceeds 300 billion U.S. dollars. Founded as the Royal Dutch Petroleum Co. in 1890, it is involved and operating in every segment of the oil and gas industry. Shell is a vertically integrated company, meaning they own every part of their supply chain. The company has announced it will cut fossil fuels production by more than half until 2030 and instead focus on its chemicals segment. Earnings and shares of Royal Dutch Shell The integrated gas segment was Shell's leading earnings-generating segment in 2024. It was the only segment apart from chemicals and products that reported an increase in earnings that year. Shell’s number of shares stood at some 6.1 billion in 2024, down from 6.5 billion in 2023.

Shell generated around 120 billion U.S. dollars through its marketing segment in 2023. This made it the largest business segment in terms of sales. With the exception of upstream business, revenues decreased across all segments between 2023 and 2024. Shell is one of the top oil and gas companies worldwide, operating in every segment of the oil and gas industry. The company is headquartered in London, United Kingdom.

In 2024, Shell generated more than a third of its revenue in the Asia, Oceania, and Africa market. By comparison, Europe was responsible for 32.5 percent of revenue generated. This was followed by the United States as the largest single market. Shell is one of the leading oil and gas companies worldwide, operating in every segment of the oil and gas industry. The company is headquartered London, United Kingdom.

Operating-Income Time Series for Shell plc. Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas. It operates through Integrated Gas; Upstream; Marketing; Chemicals and Products; and Renewables and Energy Solutions segments. The company explores for and extracts natural gas to produce liquefied natural gas or convert into gas-to-liquids products; explores for and extracts crude oil and natural gas liquids; and operates upstream and midstream infrastructure to deliver gas to market. It is also involved in marketing supplies fuels and lubricants for transport, manufacturing, mining, power generation, agriculture, and construction industries; operates electric vehicle charging and convenience retail; turn crude oil and other feedstocks into products for households, industry, and transport; trades crude oil, oil products, and petrochemicals; and oil sand activities. In addition, the company generates, markets, and trades power from wind, solar and pipeline gas; hydrogen production and marketing; commercial carbon capture and storage hubs; carbon credits and nature-based solutions; and provides heavy-duty LNG-fuelled trucks. Further, it offers base chemicals, including ethylene, propylene, and aromatics, as well as intermediate chemicals, such as styrene monomer, propylene oxide, solvents, linear alpha olefins, detergent alcohols, ethylene oxide, ethylene glycol, and polyethylene. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1897 and is headquartered in London, the United Kingdom.

Shell reported 93K in Employees for its fiscal year ending in December of 2022. Data for Shell | RDSA - Employees Total Number including historical, tables and charts were last updated by Trading Economics this last August in 2025.

About this dataset

Context

The dataset presents the median household incomes over the past decade across various racial categories identified by the U.S. Census Bureau in Shell Lake township. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. It also showcases the annual income trends, between 2013 and 2023, providing insights into the economic shifts within diverse racial communities.The dataset can be utilized to gain insights into income disparities and variations across racial categories, aiding in data analysis and decision-making..

Key observations

• White: In Shell Lake township, the median household income for the households where the householder is White decreased by $9,752(14.37%), between 2013 and 2023. The median household income, in 2023 inflation-adjusted dollars, was $67,877 in 2013 and $58,125 in 2023.
• Black or African American: As per the U.S. Census Bureau population data, in Shell Lake township, there are no households where the householder is Black or African American; hence, the median household income for the Black or African American population is not applicable.
• Refer to the research insights for more key observations on American Indian and Alaska Native, Asian, Native Hawaiian and Other Pacific Islander, Some other race and Two or more races (multiracial) households

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Shell Lake township.
• 2010: 2010 median household income
• 2011: 2011 median household income
• 2012: 2012 median household income
• 2013: 2013 median household income
• 2014: 2014 median household income
• 2015: 2015 median household income
• 2016: 2016 median household income
• 2017: 2017 median household income
• 2018: 2018 median household income
• 2019: 2019 median household income
• 2020: 2020 median household income
• 2021: 2021 median household income
• 2022: 2022 median household income
• 2023: 2023 median household income
• Please note: All incomes have been adjusted for inflation and are presented in 2023-inflation-adjusted dollars.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Lake township median household income by race. You can refer the same here

About this dataset

Context

The dataset tabulates the median household income in Shell Lake. It can be utilized to understand the trend in median household income and to analyze the income distribution in Shell Lake by household type, size, and across various income brackets.

Content

The dataset will have the following datasets when applicable

Please note: The 2020 1-Year ACS estimates data was not reported by the Census Bureau due to the impact on survey collection and analysis caused by COVID-19. Consequently, median household income data for 2020 is unavailable for large cities (population 65,000 and above).

• Shell Lake, WI Median Household Income Trends (2010-2021, in 2022 inflation-adjusted dollars)
• Median Household Income Variation by Family Size in Shell Lake, WI: Comparative analysis across 7 household sizes
• Income Distribution by Quintile: Mean Household Income in Shell Lake, WI
• Shell Lake, WI households by income brackets: family, non-family, and total, in 2022 inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Interested in deeper insights and visual analysis?

Explore our comprehensive data analysis and visual representations for a deeper understanding of Shell Lake median household income. You can refer the same here

About this dataset

Context

The dataset presents the mean household income for each of the five quintiles in Shell Lake Township, Minnesota, as reported by the U.S. Census Bureau. The dataset highlights the variation in mean household income across quintiles, offering valuable insights into income distribution and inequality.

Key observations

• Income disparities: The mean income of the lowest quintile (20% of households with the lowest income) is 19,620, while the mean income for the highest quintile (20% of households with the highest income) is 145,986. This indicates that the top earners earn 7 times compared to the lowest earners.
• *Top 5%: * The mean household income for the wealthiest population (top 5%) is 200,104, which is 137.07% higher compared to the highest quintile, and 1019.90% higher compared to the lowest quintile.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Income Levels:

• Lowest Quintile
• Second Quintile
• Third Quintile
• Fourth Quintile
• Highest Quintile
• Top 5 Percent

Variables / Data Columns

• Income Level: This column showcases the income levels (As mentioned above).
• Mean Household Income: Mean household income, in 2022 inflation-adjusted dollars for the specific income level.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Lake township median household income. You can refer the same here

About this dataset

Context

The dataset illustrates the median household income in Shell Rock, spanning the years from 2010 to 2023, with all figures adjusted to 2023 inflation-adjusted dollars. Based on the latest 2019-2023 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2023, the median household income for Shell Rock increased by $1,246 (1.80%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $5,602 (7.68%) between 2010 and 2023.

Analyzing the trend in median household income between the years 2010 and 2023, spanning 13 annual cycles, we observed that median household income, when adjusted for 2023 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 4 years and declined for 9 years.

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2019-2023 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2022, 0223

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2023
• Median Household Income: Median household income, in 2023 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2023 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Rock median household income. You can refer the same here

Revenue for the Canadian Petroleum Refining industry has been volatile. Crude oil is the primary input into industry products, and therefore, its price is the primary driver of industry revenue. However, the pandemic's collapse in oil prices in 2020 drove refinancing revenue down. Subsequently, high demand and ongoing supply chain disruptions led crude oil prices to spike sharply, translating into an industry revenue boom in 2021 and 2022. However, tempering oil prices in 2024 and potentially 2025 will depress revenue growth during the period. Overall, industry revenue is forecast to fall at a CAGR of 0.2% to $85.4 billion over the five years to 2025. In 2025, tempering oil prices are forecast to produce a revenue contraction of 4.6% for the industry. Like volatile revenue, the industry's profitability has tracked changes in oil prices. The shift in travel behaviours post-pandemic caused demand to surge, especially from downstream transportation markets. In 2020, refinery profits hit a five-year low, averaging just 5.7% across the industry. However, the surge in demand that followed has led to an industry-wide profit improvement, even as higher crude oil prices have raised purchase costs. The highly concentrated industry's structure has, meanwhile, remained largely unaltered. In 2025, profit is expected to reach 12.9% of revenue. The industry is projected to contract slowly as global oil prices continue to temper. Trade uncertainty and tariff pressures will lower oil prices and demand. Accordingly, industry revenue is forecast to contract at a CAGR of 0.9% to $81.8 billion over the five years to 2030. However, volatility is likely to intercede given global upheaval. Since 2022, the Canadian government has announced a ban on imports of crude oil from Russia in response to that country's invasion of Ukraine.

The African oil and gas market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) exceeding 5.50% from 2025 to 2033. This expansion is driven by increasing energy demand across the continent, fueled by population growth and industrialization. Significant investments in exploration and production activities, particularly in Nigeria, Algeria, and Egypt, are further contributing to market expansion. However, challenges such as price volatility, geopolitical instability in certain regions, and the global push towards renewable energy sources pose constraints. The market is segmented by type (upstream, midstream, downstream) and geography, with Nigeria, Algeria, and Egypt representing significant portions of the market share. Upstream activities, encompassing exploration and production, are expected to witness substantial growth, driven by the discovery of new reserves and enhanced recovery techniques. Midstream and downstream segments, involving processing, transportation, and refining, will also experience growth, although potentially at a slightly slower pace than upstream due to existing infrastructure limitations and the need for further investment. Major international oil companies such as Shell, TotalEnergies, Eni, and ExxonMobil, along with state-owned entities like the Nigerian National Petroleum Corporation, play crucial roles in shaping the market dynamics. The long-term outlook remains positive, anticipating continued growth, albeit subject to the successful mitigation of existing challenges and adaptation to evolving global energy landscapes. The competitive landscape is characterized by a mix of multinational corporations and national oil companies. While multinational companies bring advanced technology and financial resources, national oil companies retain significant control over domestic resources. Strategic partnerships between these entities are likely to increase in the coming years to facilitate exploration, production, and infrastructure development. The market's future success hinges on addressing environmental concerns, promoting sustainable practices, and developing robust regulatory frameworks to ensure responsible resource management and economic benefits for the respective nations. This necessitates further investment in infrastructure, skilled labor, and technological advancements to harness the market's potential fully while minimizing its environmental footprint. A continued focus on exploration and development of new reserves will be crucial in maintaining the long-term growth trajectory. Recent developments include: In January 2022, Nigerian National Petroleum Company Ltd secured a USD 5 billion commitment from the African Export-Import Bank to fund its major investment in the Nigerian upstream sector. The repayment of this funding is expected to be done through a forward sale arrangement, whereby the funds will constitute the payment purchase of 90-120 kpd of crude to be delivered to the lender within a four to eight-year period., In February 2022, the Nigerian Upstream Petroleum Regulatory Commission announced the "Industry-Wide Oil Revenue Recovery Initiative" to recover the missed revenue on account of crude oil loss due to illegal tapping of pipelines. Per the petroleum commission, it is likely to recover double the country's output from 1.5 million barrels of oil per day to 3 million barrels per day in the upcoming years.. Notable trends are: Upstream Segment to dominate the Market.

The global rotary heat exchanger market was worth USD 748.9 million in 2022, and experts predict it will be worth USD 1096.6 million by 2030. The Booming Market for Global Rotary Heat Exchangers

The global market for rotary heat exchangers is largely fueled by the increasing priority placed on energy efficiency and sustainability in many different sectors. The efforts of businesses and governments to reduce their carbon footprint and increase energy efficiency have led to a rapid increase in the demand for efficient heat recovery systems like Global Rotary Heat Exchangers.

As knowledge of climate change and the need to counteract it develops worldwide, pressure is being applied to industries to adopt environmentally friendly practices. The IPCC estimates that sea levels could rise by up to 1 meter by the end of the 21st century due to climate change. Additionally, glaciers are melting at an alarming rate. The IPCC estimates that the world's glaciers have lost about 250 cubic kilometers of ice annually since 2000. Rotary heat exchangers can assist commercial facilities in significantly cutting their energy use and carbon footprint. In addition, they provide an excellent method for controlling temperature and reclaiming energy. These heat exchangers capture heat from exhaust air streams and transfer it to entering fresh air, drastically reducing the need for additional heating or cooling and resulting in substantial energy savings. The UNEP estimates that climate change could cost the global economy $20 trillion annually by 2100.

The global rotary heat exchanger market is growing because of several countries' stringent building codes and energy efficiency legislation. Energy-saving equipment must be installed in all commercial and industrial structures to meet these standards. There is a growing demand for heat recovery technologies to meet regulatory requirements.
Introduction of Rotary Heat Exchangers

Global rotating heat exchangers make modern heat transmission between two fluid streams possible. These gadgets consist of a spinning wheel made of a matrix material with excellent thermal conductivity. Multiple tubes or channels in the wheel are linked to both hot and cold fluid sources.

As the wheel spins, heat is transferred from the hot fluid to the wheel and then from the wheel to the cold fluid, allowing for energy recovery and temperature control. Ventilation and air conditioning systems use heat exchangers to absorb and transfer thermal energy between exhaust and supply air streams.

About this dataset

Context

The dataset illustrates the median household income in Shell Rock township, spanning the years from 2010 to 2021, with all figures adjusted to 2022 inflation-adjusted dollars. Based on the latest 2017-2021 5-Year Estimates from the American Community Survey, it displays how income varied over the last decade. The dataset can be utilized to gain insights into median household income trends and explore income variations.

Key observations:

From 2010 to 2021, the median household income for Shell Rock township decreased by $528 (0.80%), as per the American Community Survey estimates. In comparison, median household income for the United States increased by $4,559 (6.51%) between 2010 and 2021.

Analyzing the trend in median household income between the years 2010 and 2021, spanning 11 annual cycles, we observed that median household income, when adjusted for 2022 inflation using the Consumer Price Index retroactive series (R-CPI-U-RS), experienced growth year by year for 6 years and declined for 5 years.

https://i.neilsberg.com/ch/shell-rock-township-mn-median-household-income-trend.jpeg" alt="Shell Rock Township, Minnesota median household income trend (2010-2021, in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates. All incomes have been adjusting for inflation and are presented in 2022-inflation-adjusted dollars.

Years for which data is available:

• 2010, 2011, 2012, 2013, 2014, 2015, 2016, 2017, 2018, 2019, 2020, 2021

Variables / Data Columns

• Year: This column presents the data year from 2010 to 2021
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific year
• YOY Change($): Change in median household income between the current and the previous year, in 2022 inflation-adjusted dollars
• YOY Change(%): Percent change in median household income between current and the previous year

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Rock township median household income. You can refer the same here

The petroleum refining industry in France has experienced notable fluctuations in recent years, largely influenced by external factors such as global oil prices and government intervention. In 2022, refinery revenues surged as global oil prices skyrocketed, driven by sanctions on Russian energy exports and coordinated production cuts by OPEC+. This upward price momentum saw refineries benefitting from higher selling prices for petroleum products, even as pressures mounted from rising competition with renewable energy sources. The industry managed to sustain elevated revenue levels through 2024 amid a backdrop of extended production restrictions by oil cartels, despite a stabilisation in prices compared to peak levels observed in 2022. Over the five years through 2025, industry revenue is projected to climb at a compound annual rate of 10.5%, reaching €48.7 billion in 2025 despite an estimated 2.4% dip in revenue in the final year. A shift away from diesel vehicles, which were once favoured thanks to government subsidies and their lower CO2 emissions, has reorientated the market. This decline was precipitated by concerns over harmful NOx emissions and the resulting policy change that saw new diesel car registrations in France falling from over 60% of the total to just 10% within 10 years, according to Eurostat. Consequently, refiners have had to adapt their production processes to meet the rising demand for petrol and electric vehicles. Alongside these challenges, the broader push towards renewable energy utilisation has meant a reduction in the share of oil and petroleum products in France’s energy mix, further pressuring the industry to diversify its focus and innovate.With the EU setting stringent targets for zero-emission vehicle sales by 2035, the long-term viability of petroleum-based refineries hinges on their ability to pivot towards cleaner alternatives. The necessity for substantial investment in biofuel research and development is paramount, especially as France ramps up its biofuel blending targets to comply with EU mandates. Petroleum refining companies are also increasingly diversifying their operations and embracing renewable energy. Industry revenue is projected to swell at a compound annual rate of 2.3% over the five years through 2030, reaching €54.4 billion.

Gas and petroleum wholesaling prices are tied to global crude oil prices, which can cause significant volatility for companies. Crude oil prices rose sharply prior to the start of the period amid rising global economic activity and increasing demand, which translated to strong revenue growth. In 2020, the world price of crude oil plunged as lockdowns and economic uncertainty reduced downstream demand for oil and gas products. However, large increases in oil prices during 2021 and 2022 contributed to solid industry revenue growth as the economy boomed. In response to high inflation and rising interest rates, a cooling economy is expected to have weakened revenue growth in recent years. Industry revenue is expected to grow at a CAGR of 4.5% to $257.2 billion through the end of 2024, with further growth of 1.1% forecast for the current year due to expected increases in oil prices. Wholesalers generate profit by purchasing crude oil from bulk stations and selling it to retail outlets. The price of retail gasoline and crude oil strongly influence profit. Retail gasoline prices are a function of domestic demand for fuel, which may differ from the global supply and demand. Profit tends to be very low for wholesalers in this industry. In 2020, profit fell sharply because of falling prices alongside poor overall economic activity. Through the end of 2024 industry profit, defined as earnings before interest and taxes, is expected to account for 1.7% of revenue. Revenue is expected to decline moderately as oil prices are expected to fall from recent highs. Expected growth in the overall domestic economy and more robust construction activity will likely ease this forecast decline in industry revenue. The anticipated expansion in domestic pipeline infrastructure is likely to bolster petroleum exports, benefiting downstream demand. However, wholesalers will also endure severe threats from technologies that accelerate the adoption of renewable energy, which may cause a considerable reduction in demand for gasoline and petroleum. Industry revenue is forecast to decline at a CAGR of 0.5% to $250.9 billion through the end of 2029.

About this dataset

Context

The dataset presents the median household income across different racial categories in Shell Lake. It portrays the median household income of the head of household across racial categories (excluding ethnicity) as identified by the Census Bureau. The dataset can be utilized to gain insights into economic disparities and trends and explore the variations in median houshold income for diverse racial categories.

Key observations

Based on our analysis of the distribution of Shell Lake population by race & ethnicity, the population is predominantly White. This particular racial category constitutes the majority, accounting for 92.56% of the total residents in Shell Lake. Notably, the median household income for White households is $57,730. Interestingly, White is both the largest group and the one with the highest median household income, which stands at $57,730.

https://i.neilsberg.com/ch/shell-lake-wi-median-household-income-by-race.jpeg" alt="Shell Lake median household income diversity across racial categories">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Racial categories include:

• White
• Black or African American
• American Indian and Alaska Native
• Asian
• Native Hawaiian and Other Pacific Islander
• Some other race
• Two or more races (multiracial)

Variables / Data Columns

• Race of the head of household: This column presents the self-identified race of the household head, encompassing all relevant racial categories (excluding ethnicity) applicable in Shell Lake.
• Median household income: Median household income, adjusting for inflation, presented in 2022-inflation-adjusted dollars

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Lake median household income by race. You can refer the same here

ExxonMobil's operating revenue amounted to approximately 349.6 billion U.S. dollars in 2024. ExxonMobil is a United States-based multinational oil and gas corporation. It ranks among the largest companies worldwide based on revenue alongside other publicly-traded supermajors such as Shell and BP, as well as state-owned entities like Sinopec and Saudi Aramco. ExxonMobil's financials 2022 was one of ExxonMobil's most profitable years since its founding through a merger in 1999. The Russia-Ukraine war led to a steep rise in oil and gas prices as traders feared supply bottlenecks. The ensuing business year reflected how much company's within the industry profited from such high commodity prices, with ExxonMobil's net income climbing to nearly 56 billion U.S. dollars. ExxonMobil's production output and product sales In 2024, the company's Upstream division produced some three million barrels of oil and other liquids per day, in addition to 8.1 billion cubic feet of natural gas. ExxonMobil's production output increased for liquids and natural gas. By comparison, ExxonMobil's petroleum product sales decreased compared to the previous year, reaching around 5.4 million barrels per day in 2024.

UK oil and gas production has diminished over the past decade because old oil fields have matured while developing new commercially viable sources has become increasingly challenging. To combat this, extractors have pooled their resources and formed partnerships to enhance efficiency, while some have benefitted from previous investments in fields coming onstream. Oil and gas extracting companies also reaped the rewards of an upsurge in global prices through 2022-23, leading to sharp revenue growth. However, this quickly turned around in 2023-24, with most major companies’ revenue nosediving along with oil prices, as growing global oil and gas from America flooded the market, slightly outpacing demand. Revenue is expected to expand at a compound annual rate of 3.4% over the five years through 2024-25 to just over £33 billion. This includes a forecast hike of 5.3% in 2024-25; however, profit is slated to inch downward over the year as global oil and gas prices remain somewhat flat in the second half of 2024-25. Global oil and gas prices greatly affect the industry's performance, with the Organisation of the Petroleum Exporting Countries (OPEC) putting supply cuts in place and global tensions resulting in price peaks and troughs. In October 2022, OPEC instituted a supply cut of two million barrels of crude oil per day, driving Brent Crude Oil prices up to US$110 (£87.80) per barrel, which has been extended until March 2025, with a ramping up period through September 2025. This is set to keep oil prices stable by limiting global oil supplies in the face of growing production in non-OPEC countries. The sanctions on Russian oil and gas imports because of the Russia-Ukraine conflict add further impetus to prices. The EU has banned imports of Russian-made oil and gas, providing opportunities for UK exporters. Crude oil prices remain high, but significant oil production from non-OPEC countries threatening a glut in the oil market and a significant dip in global demand (especially from China) has made oil prices plummet since July 2024. Despite mounting tensions in the Middle East having the potential to cut oil supply from the region, the ongoing political tensions have yet to significantly impact global prices, with prices hiking up around 10% in the month to October 2024 but remaining relatively low. Oil and gas prices are likely to continue inching downwards in the coming years as the US is forecast to continue ramping up the global oil and gas supply. This, along with an expected drop in global demand for oil and gas in the long term, will limit growth. The UK government will implement policies to create a more favourable environment for extractors and further investment in the North Sea to improve UK energy security. However, the depletion of natural resources, the expensive cost of extraction, low gas and oil prices and the global energy transition will threaten the industry's long-term viability. The government announced a delay to the ban on the sale of new petrol and diesel cars, along with the relaxation of some net-zero policies in September 2023, which should keep fossil fuel explorers afloat for longer. Revenue is forecast to climb at a compound annual rate of 3.4% over the five years through 2029-30 to just over £39 billion.

About this dataset

Context

The dataset presents median household incomes for various household sizes in Shell Rock Township, Minnesota, as reported by the U.S. Census Bureau. The dataset highlights the variation in median household income with the size of the family unit, offering valuable insights into economic trends and disparities within different household sizes, aiding in data analysis and decision-making.

Key observations

• Of the 7 household sizes (1 person to 7-or-more person households) reported by the census bureau, Shell Rock township did not include 3, 5, 6, or 7-person households. Across the different household sizes in Shell Rock township the mean income is $67,976, and the standard deviation is $19,352. The coefficient of variation (CV) is 28.47%. This high CV indicates high relative variability, suggesting that the incomes vary significantly across different sizes of households.
• In the most recent year, 2021, The smallest household size for which the bureau reported a median household income was 1-person households, with an income of $46,250. It then further increased to $74,313 for 4-person households, the largest household size for which the bureau reported a median household income.

https://i.neilsberg.com/ch/shell-rock-township-mn-median-household-income-by-household-size.jpeg" alt="Shell Rock Township, Minnesota median household income, by household size (in 2022 inflation-adjusted dollars)">

Content

When available, the data consists of estimates from the U.S. Census Bureau American Community Survey (ACS) 2017-2021 5-Year Estimates.

Household Sizes:

• 1-person households
• 2-person households
• 3-person households
• 4-person households
• 5-person households
• 6-person households
• 7-or-more-person households

Variables / Data Columns

• Household Size: This column showcases 7 household sizes ranging from 1-person households to 7-or-more-person households (As mentioned above).
• Median Household Income: Median household income, in 2022 inflation-adjusted dollars for the specific household size.

Good to know

Margin of Error

Data in the dataset are based on the estimates and are subject to sampling variability and thus a margin of error. Neilsberg Research recommends using caution when presening these estimates in your research.

Custom data

If you do need custom data for any of your research project, report or presentation, you can contact our research staff at research@neilsberg.com for a feasibility of a custom tabulation on a fee-for-service basis.

Inspiration

Neilsberg Research Team curates, analyze and publishes demographics and economic data from a variety of public and proprietary sources, each of which often includes multiple surveys and programs. The large majority of Neilsberg Research aggregated datasets and insights is made available for free download at https://www.neilsberg.com/research/.

Recommended for further research

This dataset is a part of the main dataset for Shell Rock township median household income. You can refer the same here