Shell said it expects its second-quarter performance to be hit by weaker trading in its core integrated gas division, prompting a decline in its shares by around 3% on Monday.The British energy company said trading in the division–which includes its market-leading liquefied-natural-gas business–is expected to be “significantly lower” than in the first quarter.

Key Takeaways Shell warned second-quarter Integrated Gas production and earnings to be lower than last quarter.The energy giant said Integrated Gas trading and optimization of would be "significantly lower" than in the first quarter.

Shell slides to its lowest in nearly a month after saying it expects Q2 earnings will be dragged down by "significantly lower" trading in its core integrated gas trading division.