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Shell raises dividend to shareholders
Shell raises shareholder dividend despite profit drop; share rise
Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose after it raised its dividend by 4%. The oil major also announced a $3.5 billion share buyback for the current quarter,
Oil giant Shell raises dividend despite full-year profit miss
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
Shell raises dividend to shareholders as profit falls amid lower oil prices
The energy major said profits fell after a year of operating in ‘a lower price environment’, amid shrinking margins from its oil refining business.
Shell dividend hike drives shares higher despite profit miss
Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose after it raised its dividend by 4% and extended its share buyback programme.
Oil giant Shell boosts shareholder returns despite larger-than-expected drop in full-year profit
British oil giant Shell on Thursday reported a significant drop in annual profit following a year of lower crude prices.
7h
Shell price target raised to 2,650 GBp from 2,550 GBp at Citi
Citi raised the firm’s price target on Shell (SHEL) to 2,650 GBp from 2,550 GBp and keeps a Neutral rating on the shares.Invest with ...
1d
on MSN
Shell still reviewing moving listing away from London but not a live discussion
Oil company Shell says is still mulling moving its stock market listing from London to New York but that it wasn't a “live ...
2d
Shell: Entering 2025 At A 16% FCF Yield, Top Pick Confirmed
We predict Shell will outperform in 2025 despite a weaker Q4. Valuation at 16% FCF yield with a 50% discount vs sector. Read ...
15h
Shell price target lowered to $82 from $86 at Wells Fargo
Wells Fargo lowered the firm’s price target on Shell (SHEL) to $82 from $86 and keeps an Overweight rating on the shares on CF adjustments.
Crude Oil Prices
1d
Shell Hikes Dividend and Buybacks Despite Underwhelming Earnings
Despite lower-than-expected fourth-quarter earnings, Shell increased its dividend and announced a new share buyback program, ...
1d
on MSN
FTSE 100 Live 30 January: BT shares fall as revenues disappoint, Fevertree in Molson Coors tie-up
Shell shares have risen 13p to 2608p as the promise of another $3.5 billion buyback offset a bigger-than-expected fall in ...
1d
on MSN
Shell hands cash to investors as weaker oil demand hits profits
Shell has announced a dividend hike and another large share buyback programme after weaker oil demand weighed on ...
Crude Oil Prices
1d
Energy Transition Takes a Backseat as Shell Rewards Shareholders
Shell's 2024 financial results reveal a prioritization of shareholder returns through increased dividends and share buybacks, ...
Investors Chronicle
1d
Shell profits drop but cost-cutting boosts bottom line
The energy major's 2024 profit came in under forecasts and fell compared with 2023 due to lower oil and gas prices and lower ...
17h
Shell’s Promising Financial Outlook and Strategic Initiatives Support Buy Rating
Analyst Roger Read from Wells Fargo maintained a Buy rating on Shell (SHEL – Research Report) and decreased the price target to $82.00 from ...
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