Shell profits double
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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.
If you are worried about the conflict in the Middle East, you can avoid it almost entirely if you buy a company that has no exposure to the region. For example, Devon Energy (DVN-1.16%) is a U.S.-based oil producer. Its production isn't affected by the ...
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 ...