Shell Profit Rises
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Shell reported its best quarterly earnings in two years, as the Iran war raised trading profits, prompting it to raise the dividend by 5%, but it warned of lower natural gas production.
By Shadia Nasralla and Stephanie Kelly LONDON, May 7 (Reuters) - Shell's first-quarter profit beat estimates and hit its highest in two years at $6.9 billion on Thursday, boosted by gains linked to the Middle East war,
The conflict damaged Shell's own infrastructure, but it sent energy prices soaring and put Shell squarely in the middle of the windfall. The numbers first: Shell booked profits of $6.92 billion, beating a company-provided analyst consensus of $6.
Shell's Q1 adjusted earnings jump to $6.92B, beating analyst forecasts. War disruptions hit output, but ARC deal boosts growth outlook. Shell reported a strong first quarter, with adjusted earnings the company's definition of net profit, rising to $6.92 billion.
Can trading windfall offset gas production challenges? Shell is set to report its first-quarter 2026 results on 7 May, with investors closely watching how the energy major has navigated an extraordinary period of geopolitical volatility,
Shell beat analyst expectations in the first quarter of 2026 with earnings comfortably above consensus estimates, as stronger upstream price realisations and resilient gas performance offset production disruptions and high working capital requirements.
Royal Dutch Shell Plc disclosed the profitability of its sprawling and secretive oil-trading unit for the first time, saying it almost doubled to $2.6 billion last year. The scale of that result shows the importance of the trading division to the oil major ...
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