Venture Global's Michael Sabel and Robert Pender fend off challenge that hung over the company's future.
SHEL posts Q2 earnings beat on cost cuts and stronger gas prices, even as revenues, oil output and prices decline.
Wael Sawan, Shell CEO, discusses the future of natural gas.
Shell PLC's (LSE:SHEL, NYSE:SHEL) quarterly results may not have set pulses racing, but JP Morgan thinks they tell an important story about a company growing steadily more resilient, regardless of what oil and gas prices are doing. After a stretch of relative underperformance, the shares have bounced back sharply this week, with the broker expecting further gains as investors digest the news.
Shell plc (NYSE:SHEL ) Q2 2025 Earnings Conference Call July 31, 2025 9:30 AM ET Company Participants Sinead Gorman - CFO & Director Wael Sawan - CEO & Director Conference Call Participants Alastair Roderick Syme - Citigroup Inc., Research Division Biraj Borkhataria - RBC Capital Markets, Research Division Christopher Kuplent - BofA Securities, Research Division Douglas George Blyth Leggate - Wolfe Research, LLC Irene Himona - Sanford C. Bernstein & Co., LLC.
Shell's Q2 2025 results were expectedly weak, with a contraction seen in both revenue and earnings. However, there's much going for the stock now, starting with the company's positive production outlook for Q3 2025. Higher expected gas prices can influence its financials positively as well. Additionally, sustained dividends, buybacks and decent market multiples in the medium term make a Buy case for SHEL now.
Shell PLC (LSE:SHEL, NYSE:SHEL) shares rose on Thursday after the oil major delivered second-quarter results that topped expectations, with investors giving a guarded welcome to another robust update. UBS kept its 'buy' rating and a 2,950p price target, highlighting an 8% earnings beat at the EBITDA level and a 14% beat at the net income line, driven by stronger performance in the upstream and marketing businesses and tighter cost controls.
Oil and gas major Shell (LON: SHEL) has maintained the pace of its $3 billion-plus share buybacks despite its quarterly profits falling by a third.
Shell PLC (LSE:SHEL, NYSE:SHEL) shares started strongly on Thursday, rising 2.74%, after confirming it is continuing buybacks despite softer financials in the second quarter. Income attributable to shareholders amounted to $3.6 billion for the quarter, down 25% year-on-year and down 25% compared to the first three months of the year.
Shell's second-quarter results come after the energy major announced plans to prioritize shareholder returns and ramp up the cost of savings.
In the latest trading session, Shell (SHEL) closed at $73.11, marking a +1.25% move from the previous day.
Shell braces for Q2 results with refining margins up, but weaker gas trading and production headwinds pressuring earnings.