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Oil giant Shell beats profit expectations despite weaker crude prices

On Thursday, British oil major Shell reported adjusted earnings of $5.4 billion for the quarter, beating analyst expectations of $5.05 billion.
Weaker crude prices forced British oil major Shell to report a significant profit drop, with the quarter's result lower than six billion a year earlier but up 27% on the previous quarter.
Operationally, increased volumes helped, and a $161 million benefit from favourable tax write-offs supported profits, despite higher depreciation, depletion and amortisation expenses.
The group said it would hand a further 3.5 billion US dollars back to shareholders and Shell will commence buybacks for the next three months, with its London-listed share price up over 16% year-to-date.
Exxon Mobil and Chevron are scheduled to report on Friday, with Britain's BP set to follow on Tuesday after Norway's Equinor posted $6.21 billion on Wednesday.

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The Killeen Daily Herald

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Shell's net profit jumps despite lower oil prices

British oil and gas giant Shell on Thursday said its net profit rose 24 percent in the third quarter as trading margins and sales volumes improved, despite falling oil prices.

4 hours ago

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The Independent

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Shell posts stronger-than-expected profits as more cash handed to investors

The FTSE 100 firm reported adjusted earnings of 5.43 billion US dollars (£4.1 billion) for the third quarter of 2025, surpassing analyst guidance. Oil giant Shell has said profits lifted higher than expected over the past three months, amid a boost from higher sales volumes and trading margins. The group said it would hand a further 3.5 billion US dollars (£2.65 billion) back to shareholders. The FTSE 100 firm reported adjusted earnings of 5.43 …

6 hours ago

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