Shell smashes forecasts with $7.7 billion quarterly profit
Shell reported first-quarter profit of $7.7 billion on Thursday, sharply beating expectations after disruptions in the Red Sea and Russia lifted oil refining and trading.
Shell reveals $3.5bn share buyback as it faces AGM showdown over emissions
Group of major shareholders plans to table resolution, accusing company of watering down climate pledge
Shell launches $3.5 billion buyback after earning $7.7 billion
Shell’s first-quarter adjusted earnings fell by less than expected, buoyed by strong margins from crude and oil trading, while the energy giant kicked off
Shell profits come in at £46,000 a minute as oil giant beats City forecasts
Profit came in at $7.7 billion (£6.1 billion) in the first quarter of this year, up 6%. That is a rate of £46,000 a minute. The rise came, in part, from what Shell called “higher margins from crude and oil products trading”.
Shell Beats Forecasts on Gas-Trading Resilience; Launches $3.5 Billion Buyback
Shell’s first-quarter adjusted earnings fell by less than expected, and the oil major kicked off a share buyback as it hurried to close the valuation gap to its U.S. rivals.
Shell Keeps Up Buyback Pace, Profits Beat Estimates
Shell maintained the pace of share buybacks as first-quarter profit dropped less than expected. The energy producer has made dividends and buybacks a priority as it seeks to close the valuation gap with its US peers.
Shell beats expectations with $7.7 billion first-quarter profit
Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil trading and higher refining margins. The oil major also announced it will repurchase a further $3.
Shell investors should oppose climate resolution, Glass Lewis says
Investor proxy advisory Glass Lewis recommended Shell shareholders vote against a resolution filed by a group of 27 investors ...
Shell to focus on share buybacks to boost stock over New York listing, CEO Wael Sawan says
Shell is not currently working on plans to shift its listing from London to New York, but is instead seeking to boost its ...
Shell Logs 'Strong' Quarter As Earnings Fall But Top Expectations
British oil and gas giant Shell announced Thursday that first-quarter earnings fell but beat expectations in a "strong" ...
Glencore-backed group nears deal for Shell's Singapore assets, Bloomberg reports
A consortium that includes Swiss miner and commodities trader Glencore and Indonesia's PT Chandra Asri Pacific is in advanced ...
Shell-backed Dragon LNG awards feasibility study contract to Worley
The study will examine various technical approaches to integrate liquefied natural gas (LNG) and CO₂ liquefaction processes ...
Glencore-backed group near ~$1B deal for Shell Singapore assets - Bloomberg
A consortium including Glencore (OTCPK:GLCNF) (OTCPK:GLNCY) and Indonesia's PT Chandra Asri Pacific is in advanced talks to ...
Big Shell investors urge others to back greater climate action
The shareholders say meeting the Paris Agreement goals is ‘essential to preserve the health of the global economy’ ...
Novo Nordisk, ING, Shell: European Stocks in the Spotlight
Europe's most valuable company raised its annual guidance to reflect better pricing in the U.S., and surging demand for its ...
The Times19h
London can’t let Shell slip away
You can be sure of Shell. It’s a while since anyone could say that of the oil group. But, bit by bit, isn’t its latest boss ...