""2025 was a year of accelerated momentum, with strong operational and financial performance across Shell." He added, "In the fourth quarter, despite lower earnings in a softer macro (environment), cash delivery remained solid and today we announce a 4% increase in our dividend and 3.5 billion dollars share buyback, making this the 17th consecutive quarter of at least three billion dollars of buybacks.""
"Richard Hunter, head of markets at interactive investor said, "The volatility of the oil price inevitably had an effect as tepid demand and oversupply put a dampener on any price progress." He added, "Despite heightened geopolitical tensions, Shell is now undergoing more conservative capital expenditure, guiding for a range of between 20 billion dollars and 22 billion dollars for this year, thus underpinning shareholder returns.""
Annual profits fell 22% as a result of falling oil prices, with underlying earnings falling to £13.6 billion for 2025 after one-off commodity price adjustments and a 40% quarter-on-quarter drop. Adjusted fourth-quarter profits fell to £2.39 billion, the weakest quarterly result in almost five years and below analyst expectations. The company announced £2.7 billion of share buybacks for the first quarter and a dividend increase while continuing substantial buyback programs. The CFO expects oil to stabilise between $65 and $70 a barrel. Capital expenditure guidance is set between $20 billion and $22 billion for the year to support shareholder returns.
Read at London Business News | Londonlovesbusiness.com
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