The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
Adjusted earnings fell to $3.26 billion from $5.43 billion in the preceding quarter.
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its ...
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Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion.
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs ...
Shell warned that a weak oil trading performance would drag on its earnings and narrowed guidance for its liquefied natural gas production. The London-based energy giant Thursday said its ...
Shell plc (NYSE:SHEL) is one of the stocks Jim Cramer talked about, along with market froth. Inquiring about the stock, a ...
Shell Oil Company and Pennzoil-Quaker State Company have entered into a definitive agreement under which Shell Oil Company will acquire Pennzoil-Quaker State Company at a price of $22.00 per share in ...
Shell’s CEO Wael Sawan told CNBC the company is actively considering multibillion-dollar offshore natural gas investments in ...
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