Shell Plc ( (SHEL) ) has released its Q1 earnings. Here is a breakdown of the information Shell Plc presented to its investors.
Shell Plc, a leading global energy company, operates in the oil, gas, and renewable energy sectors, known for its extensive LNG business and commitment to energy transition. In the first quarter of 2025, Shell reported robust financial results, highlighted by the acquisition of Pavilion Energy and strategic divestments in Nigeria and Singapore, which bolstered its LNG capabilities and streamlined its portfolio. The company achieved adjusted earnings of $5.6 billion, with cash flow from operations excluding working capital at $11.9 billion, and announced a $3.5 billion share buyback program, marking the 14th consecutive quarter of such distributions. Shell’s disciplined capital allocation and resilient balance sheet, with a gearing of 19%, underscore its financial strength. Looking ahead, Shell remains focused on its strategic direction, leveraging its strong performance to continue shareholder distributions and investments in sustainable energy solutions.