Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.
ATLANTA — Vice President Kamala Harris told a cheering, boisterous, packed arena on Tuesday that the next few months would be a serious fight and acknowledged the Democrats were right now the underdogs — but assured the crowd they would win in November.
Independent British oil producer Viaro Energy said on Tuesday it would buy UK Southern North Sea assets owned by Shell and Exxon Mobil
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
The energy sector has experienced a remarkable turnaround, driven by a confluence of factors, including post-pandemic recovery and geopolitical tensions. The combination of reduced investments during the pandemic and the Russia-Ukraine conflict has created a supply-demand imbalance, pushing oil and natural gas prices to new heights.
Shell (SHEL) beat the Zacks Consensus Estimate for earnings in three of the last four quarters and missed in the other, resulting in an earnings surprise of 9.2%, on average.
Shell (SHEL) closed at $72.21 in the latest trading session, marking a -0.06% move from the prior day.
Shell plc has surpassed pre-COVID-19 highs and a market cap of $200 billion, offering long-term shareholder returns. Strong 1Q 2024 earnings with $7.7 billion in adjusted earnings, $13.3 billion in CFFO, and aggressive share buybacks. Shell is poised for continued shareholder returns with strong operational performance, pipeline of projects, capital allocation, and minimal debt position.
Rio Tinto Ltd (LSE:RIO, ASX:RIO, OTC:RTNTF) has appointed Katie Jackson, a former Shell executive as its new head of copper. Currently the president of UK-based energy infrastructure firm National Grid Ventures, Jackson will join Rio Tinto from the start of September taking over from Bold Baatar, who has been promoted to chief commercial officer.
The latest trading day saw Shell (SHEL) settling at $72.68, representing a -0.38% change from its previous close.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Shell (SHEL) have what it takes?
Shell has replaced liquefied natural gas (LNG) volume it lost after exiting Russia in 2022 with a string of deals that underpin CEO Wael Sawan's bet on growing demand for the fuel as he reduces the focus on renewable energy.