SHEL Shell Plc

2,839.00

-24.00 (-0.84%)

Last Updated: 11:44:50

Delayed by 15 minutes

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Shell Plc	LSE:SHEL	London	Ordinary Share	GB00BP6MXD84	ORD EUR0.07

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-24.00	-0.84%	2,839.00	2,839.00	2,839.50	2,884.50	2,836.50	2,875.00	825,042	11:44:50

Industry Sector	Turnover	Profit	EPS - Basic	PE Ratio	Market Cap
Crude Petroleum & Natural Gs	316.62B	19.36B	2.9802	9.55	184.94B

Shell 2Q Net Profit Fell QoQ, Launches $2 Billion Buyback

29/07/2021 7:44am

Dow Jones News

Shell (LSE:SHEL)
Historical Stock Chart

From May 2021 to May 2024

By Jaime Llinares Taboada

Royal Dutch Shell PLC on Thursday reported that its net profit fell in the second quarter from the immediately prior period, and launched a $2.0 billion buyback.

The Anglo-Dutch energy company made a net profit of $3.43 billion for the three months to June, down from $5.66 billion in the first quarter.

However, adjusted earnings on a current cost of supply basis rose to $5.53 billion from $3.23 billion, beating a market consensus of $5.07 billion--taken from Vara Research and based on 21 analysts' estimates.

In addition, Shell said it will paid a dividend of 0.24 cents a share for the period, and launched a $2.0 billion share buyback, which is targeted to be completed by the end of 2021.

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

(END) Dow Jones Newswires

July 29, 2021 02:33 ET (06:33 GMT)