Trending: Shell Logs Strong Result as Earnings Tops Expectations
1207 GMT - Shell is among the most mentioned companies across news items over the past six hours, according to Factiva data, after the British energy giant topped expectations for first-quarter earnings. Additionally, Shell continued its buyback run-rate and said it would purchase shares worth $3.5 billion. The beat to estimates were mainly driven by its integrated-gas segment performing better than anticipated, despite weaker gas prices during the period. "Shell delivered another quarter of strong operational and financial performance, demonstrating our continued focus on delivering more value with less emissions," Chief Executive Wael Sawan said. Dow Jones & Co. owns Factiva. (christian.moess@wsj.com)
(END) Dow Jones Newswires
May 02, 2024 08:22 ET (12:22 GMT)
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