Shell PLC
SHEL: XLON (GBR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<xh | LOCK|&n | LOCK|Yvd@G>^ |
Shell Earnings: Strong Cash Flow Despite Profit Drop Keeps Gearing in Check and Repurchases Intact
Shell reported second-quarter earnings that exceeded market expectations. Although earnings fell from first-quarter levels, cash flow increased, limiting the rise in gearing. Management maintained the $3.5 billion quarterly repurchase rate.
