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 misses quarterly profit estimate; announces $3.5 billion 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. The oil and gas major reported adjusted earnings,
Shell Q4 Pre-tax Profit Surges, Adj. EBITDA Down; Starts $3.5 Bln Share Buyback
British oil and gas major Shell Plc (SHEL, SHEL.L) reported Thursday that its fourth-quarter income before taxation surged to $4.21
Shell launches $3.5 billion share buyback program
LONDON - Shell (LON:SHEL) plc announced on Thursday the launch of a $3.5 billion share buyback program, aiming to reduce its issued share capital. The buyback, which will see all repurchased shares cancelled,
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 ...
Shell Keeps $3.5 Billion Buyback Amid Earnings Miss
The oil-and-gas company’s adjusted earnings fell more than expected, weighed by lower oil prices and refining margins.
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.
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Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump ...
Shell raises shareholder dividend despite profit drop; share rise
Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...
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 ...
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 ...
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 ...
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 ...
Super Bowl LIX Tackles Louisiana Land Loss With Oyster Shell Reef
For Super Bowl LIX, the NFL environmental program has tailored projects to address the unique needs of Louisiana, a region ...