Adjusted earnings fell short on lower oil prices and chemicals losses, even as Shell maintained a $3.5 billion quarterly buyback.
Shell PLC reported its lowest quarterly profit since the start of 2021 as oil prices fell, but announced a 4% dividend ...
Shell's update comes as oil companies reckon with volatile prices and a challenging geopolitical backdrop.
The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
Shell has bought back about a quarter of its stock in the last four years, or about US$60-billion – including US$14-billion ...
Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion.
London: British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower ...
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its ...
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its oil trading performance in the quarter had been “significantly lower” than ...
CEO Sarwan said: "In Q4, despite lower earnings in a softer macro, cash delivery remained solid and today we announce a 4% increase in our dividend and USD3.5 billion share buyback, making this the ...
The Shell share price has held up in a year of cheap oil, which brought a progressive dividend rise and a strong ongoing ...
Investing.com -- Shell PLC (LON:SHEL) posted fourth-quarter net profit of $3.3 billion, falling short of market expectations ...