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Shell smashes record again with $11.5 bln profit

Summary by Ground News
Shell reported adjusted earnings of $11.5 billion, making it back-to-back record quarters for the oil giant. Shell chief executive Ben van Beurden said high oil and gas prices aren't the sole reason for the company's record profits. He did however acknowledge that Shell's profits are substantial and that it has a responsibility to help the UK's energy security push.
4 months ago·London, United Kingdom

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Shell smashes record again with $11.5 bln profit

Shell posted record results on Thursday, with a $11.5 billion second-quarter profit smashing the mark it set only three months ago, lifted by strong gas trading and a tripling of refining profit.

4 months ago·United Kingdom
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Shell posts record earnings again as energy prices soar

Shell posted record profits Thursday for a second straight quarter as the energy giant benefited from soaring prices of oil and natural gas fueled by Russia’s war in Ukraine

4 months ago·United States
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Shell posts record profits for second quarter running as energy prices stay high

Shell will return billions of dollars to its shareholders as it continues to profit from massive energy price hikes following the Russian invasion of Ukraine.

4 months ago·Ireland
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Shell reports record profit, again, with $11.5 billion in latest quarter.

The energy giant is thriving because of soaring oil and gas prices and a tight market for refined products.

4 months ago·New York, United States
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Shell Smashes Record Again With $11.5 Billion Profit

Shell on Thursday reported a second quarter profit of $11.5 billion, smashing its previous record just three months earlier, lifted by a tripling of refining profits and strong gas trading. The company also announced a share buyback programme of $6 billion for the current quarter, but did not raise its dividend of 25 cents per share. It said shareholder returns would remain "in excess of 30% of cash flow from operating activities".

4 months ago·United States
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Shell, Total continue buyback bonanza after record profits

Europe's oil giants Shell and TotalEnergies extended share buybacks after their second-quarter profits beat an already record-breaking previous quarter.

4 months ago·United States
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