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Shell dividend hike drives shares higher despite profit miss
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.
Shell Hikes Dividend and Launches $3.5B Buyback as Profits Fall Flat
British oil giant Shell (SHEL) hiked its dividend and set its sights on a $3.5 billion share buyback plan despite posting a significant drop in
Shell’s Adjusted Earnings Fall More Than Expected; Launches $3.5 Billion Buyback
Weak oil prices and low refining margins weighed on results, while the energy giant said it would buy back shares worth $3.5 billion.
Shell reports Q4 profit drop, announces $3.5 bln share buyback
Shell reported a drop in fourth-quarter profit on Thursday, missing estimates due to lower refining margins and LNG trading, while announcing a $3.5 billion share buyback and a 4% dividend increase. Fiona Jones reports.
15h
on MSN
Shell pulls out of N.J.’s 1st offshore wind farm. Is project now at risk?
Shell has withdrawn from New Jersey’s first offshore wind farm, Atlantic Shores — marking the latest hit to the state’s clean ...
1d
on MSN
In win for Trump, oil giant Shell walks away from major New Jersey offshore wind farm
In the first serious fallout from President Donald Trump's early actions against offshore wind power, oil and gas giant Shell ...
2d
on MSN
Shell Takes $1 Billion Hit on Wind Farm Trump Wants ‘Dead’
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...
2d
on MSN
Shell Keeps $3.5 Billion Buyback Amid Earnings Miss
Shell’s adjusted earnings fell more the market expected after its integrated gas division, weak oil prices and low refining ...
2d
on MSN
Shell still reviewing moving listing away from London but not a live discussion
Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live ...
2d
Shell and Equinor Production Blocked at 2 Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...
1d
Shell Gives Donald Trump a Win Off New Jersey Shore
Shell abandoning a $1 billion investment highlights uncertainties introduced by Trump's order about offshore wind projects.
2d
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
2d
Shell Q4: Lower Earnings, Cost Reductions, Dividend Boost And More
Shell reports Q4 results, with revenue of $66.28 billion. The company announced the start of a share buyback program worth $3 ...
1d
Shell’s Promising Financial Outlook and Strategic Initiatives Support Buy Rating
Analyst Roger Read from Wells Fargo maintained a Buy rating on Shell (SHEL – Research Report) and decreased the price target to $82.00 from ...
15h
on MSN
Shell to install Jackdaw gas platform in North Sea despite being blocked from drilling, Sky News understands
The ban on drilling is in place after a judge decided the previous Conservative government acted "unlawfully" when it gave consent to Shell's Jackdaw and Rosebank fields.
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