Shell Misses On Q2 Earnings, Announces $3B Share Buyback Program
Shell PLC SHEL reported Q2 2023 revenues of $74.6 billion missing the consensus of $79.2 billion. Adjusted EBITDA declined 37% Y/Y to $14.4 billion on a reduction in oil and gas prices, refining margins, volume decline, and lower LNG trading & optimization results. Adjusted earnings per ADS of…
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