Shell reports $6.2 bln third-quarter profit, boosts buybacks

Malaysia News News

Shell reports $6.2 bln third-quarter profit, boosts buybacks
Malaysia Latest News,Malaysia Headlines
  • 📰 Reuters
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Shell (SHEL.L) on Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas (LNG) trading.

The logo of British multinational oil and gas company Shell is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren/File Photoon Thursday reported third-quarter earnings of $6.2 billion, in line with expectations, on higher refining margins and strong liquefied natural gas trading.

Shell reported adjusted earnings of $6.22 billion, broadly in line with a company-provided analysts' forecast of $6.25 billion. "Shell delivered another quarter of strong operational and financial performance, capturing opportunities in volatile commodity markets. We continue to simplify our portfolio while delivering more value with less emissions," CEO Wael Sawan said in a statement.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Reuters /  🏆 2. in US

Malaysia Latest News, Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New Fortress Energy may need to reapply for Mexico LNG permit -USNew Fortress Energy may need to reapply for Mexico LNG permit -USNew Fortress Energy may need to reapply for Mexico LNG permit -US
Read more »

Woman Accused of Murdering Beloved Philadelphia Bus Driver: 'We're Shell-Shocked'Woman Accused of Murdering Beloved Philadelphia Bus Driver: 'We're Shell-Shocked'Longtime SEPTA bus driver and U.S. Army Veteran Bernard Gribbin, 48, was known for being kind, dependable and always optimistic, his friends, family and colleagues say
Read more »

Ghost in the Shell Creator Reveals His Main Inspiration in Rare InterviewGhost in the Shell Creator Reveals His Main Inspiration in Rare InterviewMasamune Shirow recently talked about his creation, Ghost in the Shell, in a rare interview and what inspired the legendary anime.
Read more »

Shell Earnings Rose on Higher Energy Prices; Launches $3.5 Bln BuybackShell Earnings Rose on Higher Energy Prices; Launches $3.5 Bln BuybackBy Christian Moess Laursen Shell's third-quarter earnings rose on higher refining margins, oil prices and gas and oil sales, while it launched a $3.5 billion...
Read more »



Render Time: 2025-02-27 17:14:32