Shell Tops Profit Estimates on Higher Output and Strong Trading

Shell's Q3 earnings beat expectations with adjusted earnings of $5.4 billion, driven by stronger oil and LNG production, improved refining margins, and higher production and trading volumes. The company also announced a $3.5 billion share buyback program, signaling its commitment to rewarding investors despite market volatility.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.