Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings ...Middle East

OILPRICE - Economy
Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings
source : OILPRICE ( Middle East ) () 49
Shell (NYSE: SHEL) on Thursday raised its fourth-quarter dividend by 4% and announced a new share buyback program even as it reported earnings below expectation for the last quarter of 2024. The UK-based oil and gas supermajor booked $3.66 billion in adjusted earnings for the fourth quarter, below the analyst estimate of around $4 billion, and down from the $6 billion for the third quarter of 2024. The fourth-quarter earnings reflect lower prices and margins, higher exploration well write-offs, and the non-cash impact of expiring hedging contracts…

Read More Details
Finally We wish PressBee provided you with enough information of ( Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings )

Also on site :

Most viewed in Economy
INFINOX Partners with Polo in the Park London as Official Trading Partner of Zurich Team
PR Newswire - before 9 hours & 39 minute
Nova Releases 2025 Sustainability Insight Report
PR Newswire - before 9 hours & minute
China’s Refiners and Coal Miners Struggle With Weak Demand and Overcapacity
OILPRICE - before 10 hours & 19 minute
Bullion coin sales soar as Britons flock to ‘protect wealth’, Royal Mint says
INDEPENDENT - before 9 hours & 2 minute
SquaredFinancial increases its leverage offering to up to 1:2000, empowering traders with greater flexibility
PR Newswire - before 10 hours & 53 minute
China Extends Its Suspension of U.S. LNG Imports
OILPRICE - before 7 hours & 34 minute
Car Subscription Features Raise Your Risk of Government Surveillance, Police Records Show
WIRED - before 9 hours & 19 minute
Forget fashion, Milan is now Europe’s hottest data centre hub
GCR - before 7 hours & 6 minute
How compounding works and why it’s your most powerful wealth-building tool
INDEPENDENT - before 11 hour & 12 minute
Tariff chaos brews as Big Tech earnings loom
Quartz - before 7 hours & 45 minute
New consumer protections could end soon. Here’s what you need to know.
Washington Post - before 9 hours & 4 minute
Treasury Secretary Bessent says it's up to China to de-escalate trade tensions
CNBC - before 6 hours & 53 minute


Latest News

Hexaware Delivers Strong Q1CY25 Revenue at $371.5 Mn Up 12.4% YoY

before 44 minute

Global military spending in largest surge since Cold War – research

before 54 minute

Tariff Wars Impact Copper Prices and Market Stability

before hour & 6 minute

UN warns of $4 trillion shortfall threatening global development goals

before hour & 16 minute

New National Quantum Hub to be Based at UMD's Applied Research Laboratory for Intelligence and Security

before hour & 19 minute

CliniComp Launches Enterprise PACS, Fully Integrated into their New Era EHR with Intrinsic AI™

before hour & 37 minute

Badge Inc. Wins Five Prestigious Global InfoSec Awards at RSA 2025

before hour & 52 minute

World Bank Warns of Economic Downturn in Eurasia

before hour & 57 minute

Trump's first 100 days had the worst market performance in half a century

before 2 hours & 6 minute

Hikvision zverejňuje finančné výsledky za celý rok 2024 a za prvý štvrťrok 2025

before 2 hours & 9 minute

The Agonizing Task of Turning Europe’s Power Back On

before 2 hours & 25 minute

Empty shelves, trucking layoffs lead to a summer recession in Apollo's shocking trade fight timeline

before 2 hours & 25 minute

Indian Refiners Scoop Up Russian ESPO Crude As China Steps Back

before 2 hours & 29 minute

Volta Labs, Inc. Launches Access Program to Support Academic Researchers Amid Budget Cuts

before 2 hours & 41 minute

Ottocast Introduces New-Gen Android Car Box NanoAI, Anchors New Era of Vehicle Intelligence

before 2 hours & 56 minute