Shell’s Earnings Plunge On Lower Oil And Gas Prices   ...Middle East

Shell’s (NYSE: SHEL) second-quarter adjusted earnings nearly halved from the first quarter and fell by more than 50% from the record profits for the same period last year. The company missed analyst forecasts as lower oil and gas prices, refining margins, and LNG trading impacted the supermajor’s performance in Q2.    Shell’s adjusted earnings, the metric most closely watched by analysts, slipped to $5.1 billion for the second quarter, down from $9.6 billion profits for the first quarter and from the $11.472 billion…

Hence then, the article about shell s earnings plunge on lower oil and gas prices was published today ( Thursday 27/07/2023 - 12:28 PM ) and is available on OILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Shell’s Earnings Plunge On Lower Oil And Gas Prices   )

Also on site :

• StageOne Ventures Announces Closing of $165M Fifth Fund to Fuel Israel's Next Generation of AI Infrastructure Leaders
• An expert says his plan would slash energy bills by 30 percent
• U.S. Trade Deficit Falls in January