Reported about 15 hours ago
Shell's Q4 profit dropped to $3.66 billion, missing analyst expectations due to lower refining margins and LNG trading. Despite this setback, the company announced a $3.5 billion share buyback and a 4% increase in dividends. For the entirety of 2024, profits fell 16% to $23.72 billion as energy prices stabilized and demand weakened, with refining operations also reporting losses.
Source: YAHOO