Shell PLC

SHEL: XLON (GBR)

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Shell Earnings: Strong Results Amid Favorable Market, but Repurchases Unchanged

Allen Good

Jul 30, 2026

Shell's second-quarter adjusted earnings of $9.8 billion exceeded expectations, driven by higher commodity prices, wide refining margins, and strong trading performance, which were offset by lost volumes due to Middle East disruptions. Share buybacks were unchanged at $3.0 billion for the quarter.

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Shell PLC

Shell Earnings: Strong Results Amid Favorable Market, but Repurchases Unchanged

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