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Shell raises shareholder dividend
Shell raises shareholder dividend despite profit drop; share rise
Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose after it raised its dividend by 4%. The oil major also announced a $3.5 billion share buyback for the current quarter,
Shell Keeps Up Investor Payouts Even as Profit Drops, Debt Rises
Shell Plc maintained the pace of its share buybacks even as profit dropped by more than expected and net-debt rose due to weaker trading amid lower oil prices. Most Read from BloombergManhattan’s Morn
Shell raises dividend despite profits falling last year
Shell has increased its dividend to shareholders despite profits falling last year, after the energy giant was hit by weaker oil prices and lower demand for the fossil fuel.
5h
BP: 2025 Will Make Or Break The Stock
BP p.l.c. is considered a value opportunity among global majors despite underperforming, with potential for growth. Learn ...
kpvi
12h
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 ...
Opinion
5h
Opinion
Miliband’s reckless net zero crusade could force BP into the arms of Shell
The green energy debate throws up a never-ending list of important questions that environmentalists struggle to answer.
ET Auto
10h
Shell misses quarterly profit estimate; announces USD 3.5 bn share buyback
The oil and gas major reported adjusted earnings, its definition of net profit, of USD 3.66 billion for the quarter ended ...
8d
on MSN
Is the BP share price on the way up again?
The BP share price has gained 13% over the past few weeks. Christopher Ruane considers why and explains his long-term plan as ...
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