{"id":47605,"date":"2026-05-24T18:30:36","date_gmt":"2026-05-24T18:30:36","guid":{"rendered":"https:\/\/www.europesays.com\/britain\/47605\/"},"modified":"2026-05-24T18:30:36","modified_gmt":"2026-05-24T18:30:36","slug":"shell-misses-fourth-quarter-profit-expectations-but-launches-another-3-5bn-buyback","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/britain\/47605\/","title":{"rendered":"Shell misses fourth-quarter profit expectations but launches another $3.5bn buyback"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">Shell (<a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;1&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) reported lower-than-expected profit for the fourth quarter but announced another share buyback worth $3.5bn.<\/p>\n<p class=\"yf-1fy9kyt\">The oil major posted adjusted earnings of $3.26bn for the quarter, in results released on Thursday, down from $5.43bn in the previous three months and lower than the $3.66bn reported a year ago. That was also below expectations of $3.51bn, according to <a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/vara-services.com\/shell\/?vid=43371b86c5be44bb912b84dbde63d3b1\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:consensus estimates;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;2&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;consensus estimates&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \">consensus estimates<\/a> provided by the company.<\/p>\n<p class=\"yf-1fy9kyt\">For the year, adjusted earnings totalled $18.53bn, which was down from the $23.72bn reported for 2024 and was below expectations of $18.79bn.<\/p>\n<p class=\"yf-1fy9kyt\">Shell (<a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;3&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) shares fell 1% shortly after the market open in London, with the stock trading just 7.8% in the green over one year.<\/p>\n<p class=\"yf-1fy9kyt\">Despite missing estimates, Shell (<a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;4&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) increased its dividend by 4% to $0.372 for the fourth quarter and said it was launching another $3.5bn share buyback programme.<\/p>\n<p class=\"yf-1fy9kyt\">Wael Sawan, CEO of Shell said: &#8220;2025 was a year of accelerated momentum, with strong operational and financial performance across Shell.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;We generated free cash flow of $26 billion, made significant progress in focusing our portfolio and reached $5 billion of cost savings since 2022, with more to come.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">The fall in Shell&#8217;s (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;5&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) profits comes as oil prices have continued to see a longer term decline over concerns about oversupply in the market, despite recent rises owing to heightened geopolitical tensions and risks of disruption to supply.<\/p>\n<p class=\"yf-1fy9kyt\">Shell (<a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;6&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) had already given investors a idea of what to expect from its performance in the fourth quarter in a <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/news\/shell-drops-decline-energy-trading-120141082.html\" data-ylk=\"slk:trading update;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;7&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;trading update&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">trading update<\/a> published in early January.<\/p>\n<p class=\"yf-1fy9kyt\">In the update, Shell (<a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/quote\/SHEL.L\" data-ylk=\"slk:SHEL.L;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;8&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;SHEL.L&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">SHEL.L<\/a>) said that results from trading for its chemicals and products division were expected to be &#8220;significantly lower&#8221; than the third quarter.<\/p>\n<p class=\"yf-1fy9kyt\">In Thursday&#8217;s results, Shell posted cash flow from operations of $9.44bn for the fourth quarter, which was lower than the $12.2bn reported for the previous three months.<\/p>\n<p class=\"yf-1fy9kyt\">Read more: <a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/uk.finance.yahoo.com\/news\/bank-england-interest-rate-decision-uk-060048220.html\" data-ylk=\"slk:Bank of England set to hold interest rates at 3.75% but cuts loom;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" data-yga=\"{&quot;yLinkPosition&quot;:&quot;9&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yPosition&quot;:&quot;1&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Bank of England set to hold interest rates at 3.75% but cuts loom&quot;,&quot;yHasCommerce&quot;:false}\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">Bank of England set to hold interest rates at 3.75% but cuts loom<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Net debt stood at $45.7bn at the end of the year, compared to $41.2bn in the third quarter.<\/p>\n<p class=\"yf-1fy9kyt\">Richard Hunter, head of markets at Interactive Investor, said: &#8220;The final quarter was one which Shell will want to forget, although the numbers for the year as a whole were slightly more palatable.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;The volatility of the oil price inevitably had an effect as tepid demand and oversupply put a dampener on any price progress.&#8221;<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;Some investors are unwilling or unable to invest in oil stocks on ethical grounds, but the company remains a core constituent in many traditional portfolios alongside the old adage of &#8216;never sell Shell&#8217;,&#8221; he said.<\/p>\n","protected":false},"excerpt":{"rendered":"Shell (SHEL.L) reported lower-than-expected profit for the fourth quarter but announced another share buyback worth $3.5bn. The oil&hellip;\n","protected":false},"author":2,"featured_media":47606,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[20685],"tags":[21768,23878,21054,1150,4496],"class_list":["post-47605","post","type-post","status-publish","format-standard","has-post-thumbnail","category-shell","tag-consensus-estimates","tag-fourth-quarter","tag-share-buyback","tag-shell","tag-shell-plc"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@UnitedKingdom\/116630980339263884","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47605","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/comments?post=47605"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/posts\/47605\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media\/47606"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/media?parent=47605"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/categories?post=47605"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/britain\/wp-json\/wp\/v2\/tags?post=47605"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}