The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
Shell has announced a $3.5bn share buyback and raised its dividend, despite a weaker oil price hitting the oil major’s ...
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs ...
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Shell profits fall 11% as soft oil prices hit the bottom line but it hikes dividend for investors
Shell's update comes as oil companies reckon with volatile prices and a challenging geopolitical backdrop.
By Shadia Nasralla and Stephanie Kelly LONDON, Feb 5 (Reuters) - Shell missed fourth-quarter profit expectations on Thursday with an 11% drop to the lowest level since early 2021 amid weaker oil ...
Adjusted earnings—a closely watched metric that strips out certain commodity-price adjustments and one-time charges—fell to ...
Shell's fourth-quarter adjusted earnings declined to $3.3 billion due to weaker oil prices and margins, but the operator ...
Shell CEO Wael Sawan says tax adjustments and weakness in its chemicals business hurt the oil major in the fourth quarter but ...
Shell ( SHEL) is projected to post a 9.3% rise in its fourth-quarter earnings on February 5, while revenue is expected to ...
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.
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its ...
Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in ...
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