Shell Books Record Profit As Commodity Prices Rally ...Middle East

OILPRICE - Economy
Shell Books Record Profit As Commodity Prices Rally
source : OILPRICE ( Middle East ) () 24
Shell (NYSE: SHEL) reported on Thursday another record in quarterly earnings—its second record-setting quarter in a row–as oil and gas prices surged and refining margins spiked. Shell booked adjusted earnings—the measure most closely watched by analysts—of $11.472 billion for the second quarter, up from the previous record earnings of $9.130 billion booked for the first quarter this year, and more than double the $5.534 billion in earnings for the second quarter of last year. The Q2 2022 earnings were also ahead of analyst…

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