Shell Launches $3.5 Billion Share Buyback After Earnings Beat Expectations
The buyback marks the 14th consecutive quarter of at least $3 billion in buybacks, Shell said.
Oil major Shell posts sharp fall in first-quarter profit on weaker crude prices
Shell posted adjusted earnings of $5.58 billion for the first three months of the year, beating analyst expectations of $5.09 billion, according to an LSEG-compiled consensus. The oil major reported adjusted earnings $7.73 billion over the same period last year and $3.66 billion for the final three months of 2024.
Shell to Report Q1 Earnings: What's in Store for the Stock?
SHEL topped the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other.
National Grid poaches new CEO from Shell
National Grid PLC (LSE:NG.) has appointed Zoë Yujnovich, former Shell PLC (LSE:SHEL, NYSE:SHEL) gas and upstream director, as its new chief executive as John Pettigrew retires after almost 10 years in the role.
ExxonMobil Surges Ahead in Low-Carbon Push, BP and Shell Retreat
XOM plans to invest up to $30B in low-emission projects by 2030, overtaking BP and Shell, which are scaling back clean energy efforts amid market headwinds.
Shell and BP higher as Brent price stabilises after tricky week
BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL) edged higher in early trading on Monday as oil prices rebounded after a mildly schizophrenic week.
Shell earnings likely to take a hit from lower energy prices
Shell PLC (LSE:SHEL, NYSE:SHEL) is set to report its first-quarter results on 2 May, with analysts and investors watching closely for signs of pressure on shareholder returns from weaker commodity prices. The energy giant's shares have retreated from their highs of last year and are down 13% since the start of April as oil and gas prices have dropped sharply amid renewed tariff concerns and global growth fears, with the company also having lost its position as the second-largest company on the FTSE 100 this year.
Shell Moves Ahead With Field Survey in Venezuela Amid Looming Deadline
SHEL plans to complete the survey at Venezuela's Dragon gas field before the U.S. license expires, keeping the hopes high for future LNG exports to Trinidad.
Shell Signs Deal to Explore Bulgaria's Black Sea for Oil and Gas
SHEL signs an exploration deal with Bulgaria's government for oil and gas in the Black Sea, taking a step forward toward the nation's energy independence.
Shell (SHEL) Rises As Market Takes a Dip: Key Facts
In the most recent trading session, Shell (SHEL) closed at $62.78, indicating a +0.38% shift from the previous trading day.
Brent crude climbs 1% as BP and Shell track gains; OPEC trims demand outlook
Brent crude rose 1% on Monday, lifting shares in UK oil majors BP PLC (LSE:BP.) and Shell PLC (LSE:SHEL, NYSE:SHEL), even as OPEC lowered its forecast for global oil demand growth in 2025 and cut its economic outlook.
Parsing European Supermajors: Shell Reigns Supreme
Shell plc is the best risk-adjusted play among European supermajors due to its strong balance sheet, high credit quality, and natural gas-focused production mix. Shell and Equinor have the best credit ratings (Aa2) and lowest gearing, providing a cushion during market volatility. Shell's earnings sensitivity is lower than peers, thanks to its strategic pivot to natural gas, making it more resilient in fluctuating markets.
