Shell Giant Oil outperformed expectations despite the sharp decline in profit star-news.press/wp

Britain coincidence On Thursday, I mentioned a better profit than expected in the second quarter, amid a decrease in global oil and gas prices.

The energy giant recorded modified profits of $ 4.26 billion for the three months until June, overcoming the expectations of analysts of $ 3.87 billion, according to the consensus of the LSEG consensus.

A separate analyst provided by the company expected the second quarter of Shell to reach $ 3.74 billion.

Shell reported a modified profit of 6.29 billion dollars during the same period last year and 5.58 billion dollars in the first three months of 2025.

The results come shortly after that the company listed in a list in London put the results of the weakest trading in the integrated gas department and its losses in its arm of chemicals and products.

Shell also announced $ 3.5 billion of shares re -purchases over the next three months, which represents the 15th consecutive quarter at least 3 billion dollars of re -purchases.

Meanwhile, the company’s net debt reached $ 43.2 billion at the end of the second quarter, an increase of 41.5 billion dollars on a quarterly basis.

In March, shell Declare Plan to determine the priorities of the shareholders ’returns, increase the cost of savings and double in paying natural gas gas (LNG). The strategic update is designed to enhance its commitment to create value, while maintaining a focus on “performance, discipline and simplification”.

The plan appears to have been well received by investors. The price of Shell has outperformed many of its European competitors and the United States so far this year, and has received 8 % gains. In comparison, Britain BP 3 % rose, France Total energy 2 % decrease and Exxon Mobil It rises 4 % during the same period.

It is worth noting that Shell recently rejected speculation about a possible BP acquisition offer, saying in late June that there is “no intention” to make an offer to her faltering local opponent.

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