Published 15 days ago

Oil giant Shell beats first-quarter profit estimates despite weaker gas prices

Shell reported a first-quarter profit of $7.7 billion, exceeding expectations due to disruptions in the Red Sea and Russia boosting oil refining and trading.
Despite a downturn in natural gas prices in Europe, Shell's adjusted earnings of $7.7 billion for the first quarter surpassed analyst expectations of $6.5 billion.
The company will repurchase $3.5 billion of its shares over the next three months and maintained its dividend unchanged.

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The Guardian

Shell unveils new $3.5bn share buy-back after higher profits than expected

Despite payouts the oil and gas giant faces growing investor pressure to address its carbon emissions

15 days ago·London, United Kingdom

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Reuters

Shell beats expectations with $7.7 bln first-quarter profit

Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil trading and higher refining margins.

15 days ago·United Kingdom

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The Star Kuala Lumpur

Shell beats expectations with $7.7 bln first-quarter profit

LONDON: Shell on Thursday reported first-quarter adjusted earnings of $7.7 billion, sharply beating expectations, on the back of strong oil trading and higher refining margins.

15 days ago·Malaysia

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CNBC

Oil giant Shell beats first-quarter profit estimates despite weaker gas prices

British oil giant Shell on Thursday reported stronger-than-expected first-quarter profit, despite a sharp downturn in natural gas prices in Europe.

15 days ago·United States

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RTÉ

Shell beats forecasts with $7.7 billion quarterly profit

Shell has today reported first-quarter profit of $7.7 billion, sharply beating expectations after disruptions in the Red Sea and Russia lifted oil refining and trading.

15 days ago·Ireland

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Financial Post

Shell Maintains Pace of Buybacks as Profit Beats Estimates

(Bloomberg) — Shell Plc kept up the pace of share buybacks as first-quarter profit dropped less than expected, maintaining the focus on shareholder returns that has become a hallmark of the oil majors.

15 days ago·Canada

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