Shell smashes forecasts with US$7.7-billion quarterly profit
Shell also said it will repurchase a further $3.5-billion of its shares over the next three months, at a similar rate to the previous quarter
Stay updated with breaking news from Stuart Lamont. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Shell also said it will repurchase a further $3.5-billion of its shares over the next three months, at a similar rate to the previous quarter
British oil giant Shell (NYSE: SHEL) on Thursday saw its shares spring, on reporting stronger-than-expected first-quarter profit, boosted by higher refining margins and robust oil trading. Shell reported adjusted earnings of $7.7 billion for the ...
Shell reported first-quarter profit of $7.7 billion on Thursday, exceeding expectations as disruption to Red Sea shipping and Russian refining boosted oil trading and liquefied natural gas production rose.
SHELL’S first-quarter performance may be “staggering”, as one analyst put it, but the energy giant still has a lot of work to do if it is…
The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.