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Shell raises shareholder dividend despite profit drop
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 after it raised its dividend by 4%. The oil major also announced a $3.5 billion share buyback for the current quarter,
Shell Keeps Up Investor Payouts Even as Profit Drops, Debt Rises
Shell Plc maintained the pace of its share buybacks even as profit dropped by more than expected and net-debt rose due to weaker trading amid lower oil prices. Most Read from BloombergManhattan’s Morn
Shell raises dividend despite profits falling last year
Shell has increased its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel.
3h
BP: 2025 Will Make Or Break The Stock
BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn more about BP stock here.
8h
on MSN
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, ...
kpvi
10h
Shell annual profit drops to $16 bn as oil prices fall
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...
News24
8h
Shell, Thebe close to deal that would allow R19bn sale of SA petrol stations
Shell and its South African partner are close to ending a valuation dispute, paving the way for the sale of the oil giant's ...
Crude Oil Prices
1d
Shell Leads the $1.4-Billion Carbon Credits Market
Shell is the top buyer of carbon credits in the voluntary market, outpacing other energy and tech giants in offsetting emissions.
ET Auto
8h
Shell misses quarterly profit estimate; announces USD 3.5 bn share buyback
The oil and gas major reported adjusted earnings, its definition of net profit, of USD 3.66 billion for the quarter ended ...
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