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Shell dividend hike drives shares
Shell rallies after boosting dividend, buybacks despite Q4 profit drop
Shell shares rise despite missing Q4 earnings, as dividend increase and buyback showing confidence in refocused strategy.
Shell dividend hike drives shares higher despite profit miss
Shell on Thursday reported a fourth-quarter profit of $3.66 billion, missing estimates, on lower refining margins and lower liquefied natural gas (LNG) trading, while saying it would buy back shares worth $3.
Shell raises dividend to shareholders as profit falls amid lower oil prices
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
10h
Shell sees 2024 oil and gas reserve replacement ratio at 85%
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
12h
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
2h
Shell and Equinor Production Blocked at 2 Sites Off British Coast
A court ruling requires the British government to consider the potential climate impact of the oil and gas produced in the ...
Hosted on MSN
9h
Shell annual profit drops to $16 bn as oil prices fall
British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as ...
5h
on MSN
Shell still reviewing moving listing away from London but not a live discussion
Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live discussion” at the moment.
Crude Oil Prices
6h
Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings
Despite lower-than-expected fourth-quarter earnings, Shell increased its dividend and announced a new share buyback program, ...
12h
Oil giant Shell posts larger-than-expected drop in full-year profit on lower crude prices
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
3h
on MSN
Shell raises shareholder dividend despite 16% profit drop; shares rise
The oil major also announced a $3.5 billion share buyback for the current quarter, making this the 13th consecutive quarter of at least $3 billion of share repurchases ...
18h
on MSN
Canadian Natural Resources takes control of oil sands asset in swap with Shell
Canadian Natural Resources (NYSE:CNQ) said Wednesday it agreed to an asset swap with Shell Canada (SHEL) pursuant to a 2017 ...
The Canadian Press on MSN
5h
Shell exits oilsands, boosts stake in Scotford upgrader and Quest carbon facility
Shell Canada Ltd. is exiting the oilsands in a deal with Canadian Natural Resources Ltd. in an agreement that will see it ...
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