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Shell, Q4
Shell rallies after boosting dividend, buybacks despite Q4 profit drop
Shell (NYSE:SHEL) +3.2% in Thursday's trading despite missing Q4 earnings and revenue estimates, weighed by weaker oil and gas prices and demand, but the company increased shareholder returns in a sign of confidence in its strategy of refocusing on its most profitable sectors.
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 raises dividend to shareholders as profit falls amid lower oil prices
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
1d
on MSN
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 ...
1d
Shell Q4: Lower Earnings, Cost Reductions, Dividend Boost And More
Shell plc (NYSE:SHEL) shares are trading higher following fourth-quarter results. Revenue of $66.28 billion missed the ...
1d
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
1d
Shell plc Fourth Quarter 2024 Interim Dividend
The Board of Shell plc (the “Company”) (XLON: SHEL, XNYS: SHEL, XAMS: SHELL) today announced an interim dividend in ...
18h
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.
Crude Oil Prices
1d
Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings
Despite lower-than-expected fourth-quarter earnings, Shell increased its dividend and announced a new share buyback program, ...
1d
on MSN
Dividend rise and buyback help keep the Shell share price up. Time to buy?
As Shell lifts its annual dividend beyond inflation and posts yet another quarterly share buyback, is the share price too low ...
3h
Shell Stock: Profit Slump Offset by Strong Shareholder Returns
Shell experienced a significant decline in profits during the past year, with adjusted earnings dropping to $3.7 billion in the final quarter, marking a 50% decrease from the previous year and falling ...
Crude Oil Prices
1d
Energy Transition Takes a Backseat as Shell Rewards Shareholders
Shell's 2024 financial results reveal a prioritization of shareholder returns through increased dividends and share buybacks, ...
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