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#CorporateEarnings
Euronews English May 7

Shell plc reported stronger-than-expected first-quarter earnings of $6.9 billion, attributed to rising oil and gas prices amid the Iran conflict, which boosted trading profits and offset production declines, while also announcing a 5% dividend increase and a $3 billion share buyback program. #EnergySector #OilPrices #CorporateEarnings #IR #QA #AU #CA #GB #US

www.euronews.com
Shell profits surge as Iran war drives oil prices higher
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The New York Times May 7

Shell reported a record adjusted profit of $6.92 billion in Q1, driven by skyrocketing oil prices due to the U.S.-Israel conflict with Iran, reflecting a broader trend of increased earnings among European oil giants amid significant disruptions in global energy markets. #OilMarket #EnergyPrices #CorporateEarnings #US #IL #IR #GB #FR #RU #UA

www.nytimes.com
Shell Reports Nearly $7 Billion Profit Amid 'Unprecedented Disruption'
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