Shell reports 34% drop in third-quarter profit as energy prices cool
Shell also announced share buybacks of $3.5-billion over the next three months, up from $2.7-billion in the previous three months
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Shell also announced share buybacks of $3.5-billion over the next three months, up from $2.7-billion in the previous three months
Third quarter profit rebounded from prior period amid stronger performance in oil trading but failed to live up to expectations
BP Plc’s third-quarter profit rebounded from the prior period, but fell short of estimates as weak results in gas marketing offset a strong performance in oil…
The London-based company raised its dividend by 10% and said it would buy back another $1.5 billion of shares, even as profits fell more than expected.
BP Plc hiked its dividend and promised to buy back more shares.