Shell profits double
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Green energy is growing, but that doesn't mean that oil and natural gas are out of the picture.
Oil giant Shell posted bumper profit of $6.92 billion through the first quarter as the Iran war sent fossil fuel prices soaring. The London-listed energy major cut the pace of its quarterly buyback to $3 billion, down from $3.5 billion. The earnings come ...
Rising oil prices driven by geopolitical tensions have significantly boosted the stock values of Shell and BP, two major companies on the FTSE 100. Despite a challenging first quarter with weakened oil prices and earnings, both Shell and BP have seen ...
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Shell Reports $9.8 Billion in Adjusted Earnings as Energy Prices Surge
Shell more than doubled second-quarter earnings, beating expectations as higher oil and gas prices, record refinery utilization, and strong trading offset lower LNG production.
The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. By Gregory Schmidt and Rebecca F. Elliott Gregory Schmidt reported from London and ...
Europe’s largest oil company, Shell plc SHEL, reported second-quarter 2025 earnings per ADS (on a current cost of supplies basis, excluding items — the market’s preferred measure) of $1.42, which came in well above the Zacks Consensus Estimate of $1. ...