Shell PLC

SHEL: XLON (GBR)

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Shell Earnings: Long-Term Story Intact After Weaker-Than-Expected Q4 2024

Allen Good

Jan 30, 2025

Shell's fourth-quarter 2024 earnings fell short of market expectations, mainly due to weaker-than-expected oil and products trading results. Even as gearing increased, it maintained its quarterly repurchase rate of $3.5 billion. Guidance for the 2025 cash capex range is below 2024's range.

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Shell PLC

Shell Earnings: Long-Term Story Intact After Weaker-Than-Expected Q4 2024

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