The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs helped to offset falling oil and gas prices.
CVX and SHEL battle for energy dominance as production growth, LNG strength, debt levels and valuation gaps shape which oil major stands out now.
Despite oil prices trading about $15/bbl below their 52-week highs, Big Oil firms—Exxon, Chevron, Shell, and TotalEnergies—collectively earned over $21 billion in Q3. Exxon’s breakeven has fallen to ...
LONDON/PARIS (Reuters) -Shell and TotalEnergies posted quarterly profit falls of 10% and 2%, respectively, on Thursday, dragged down by lower oil prices, though Shell beat expectations helped by ...
Shell reported weaker-than-expected profits in the fourth quarter amid steep falls in oil prices. The oil major reported net profit of $3.3billion, an 11 per cent drop from the previous year as the ...
Europe’s largest oil company, Shell plc SHEL, reported third-quarter 2025 earnings per ADS (on a current cost of supplies basis, excluding items — the market’s preferred measure) of $1.86, which came ...