The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
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Shell profits fall 11% as soft oil prices hit the bottom line but it hikes dividend for investors
Shell's update comes as oil companies reckon with volatile prices and a challenging geopolitical backdrop.
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs ...
Shell has announced a $3.5bn share buyback and raised its dividend, despite a weaker oil price hitting the oil major’s ...
A weaker crude price environment has ramped up the pressure on Big Oil’s commitment to allocating cash to shareholders.
Shell has bought back about a quarter of its stock in the last four years, or about US$60-billion – including US$14-billion ...
Shell profits slump by more than a fifth amid oil price rout - The oil giant said full-year underlying earnings dropped 22% ...
British energy giant Shell said today that its net profit rose 11 per cent last year as higher volumes and lower costs helped ...
Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion.
Shell posted its weakest quarterly earnings in more than four years but maintained aggressive share buybacks and raised its dividend, underscoring its focus on shareholder returns despite a softer ...
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