SHEL generates cash flow from operations of $9.3 billion, returns $2.2 billion to its shareholders through dividends and spends $3.7 billion on capital projects.
SHEL is reportedly assessing a bold takeover of BP, as weak oil prices and activist pressure spark speculation of major energy sector consolidation.
Shell PLC (LSE:SHEL, NYSE:SHEL) isn't pouncing. At least, not yet.
Media reports said over the weekend that Shell may be looking to purchase rival BP. Observers say that could be the answer to lots of BP problems.
Increased supply from OPEC and the economic uncertainty of trade wars weighing on demand could be a brutal combination for energy prices.
Britain's oil and gas sector may shrink from two super-majors to just one if weekend reports come to fruition. According to Bloomberg, Shell PLC (LSE:SHEL, NYSE:SHEL) is exploring the feasibility of a takeover bid for BP PLC (LSE:BP.
Shell Plc is working with advisers to evaluate a potential acquisition of BP Plc , though it is waiting for further stock and oil price declines before deciding whether to pursue a bid, Bloomberg News reported on Saturday citing people familiar with the matter.
Shell plc (NYSE:SHEL ) Q1 2025 Earnings Conference Call May 2, 2025 10:00 AM ET Company Participants Sinead Gorman - CFO Wael Sawan - CEO Conference Call Participants Josh Stone - UBS Peter Lowe - Redmond Atlantic Lydia Rainforth - Barclays Paul Cheng - Scotiabank Biraj Borkhataria - RBC Giacomo Romeo - Jefferies Henry Tarr - Berenberg Matt Lofting - JP Morgan Martijn Rats - Morgan Stanley Roger Read - Wells Fargo Christopher Kuplent - Bank of America Lucas Herrmann - BNP Doug Leggate - Wolfe Research Sinead Gorman Welcome to Shell's First Quarter 2025 Results. Just over five weeks ago at our Capital Markets Day in New York, Wael and I outlined the Shell investment case and our longer-term vision for the company.
Shell (SHEL) shares climbed Friday after the energy giant posted stronger-than-expected quarterly results and announced a $3.5 billion share buyback program.
Shell PLC (LSE:SHEL, NYSE:SHEL) announced a $3.5 billion (£2.6 billion) share buyback as first-quarter profits came in stronger than expected, but cash flow ebbed amid falling oil prices. The oil giant reported adjusted earnings of $5.6 billion, up 52% from the preceding quarter and ahead of the average analyst forecast of $5 billion, but down 27% from the same period a year ago.
The buyback marks the 14th consecutive quarter of at least $3 billion in buybacks, Shell said.
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.