4 Articles
4 Articles
Shell Expects Weaker Trading and Lower Natural Gas Output in Q2
Shell expects to have booked “significantly lower” trading and optimization results for the second quarter compared to the prior quarter, while it also slightly reduced the range of its natural gas and LNG production for the April-June period. Trading and optimization in the integrated gas division is expected to be significantly lower than in the first quarter, Shell said on Monday in an update note on the Q2 results. Marketing adjusted earning…
Shell profits hit by slowdown at gas trading arm - Business Plus
Shares in Shell dropped on Monday as it warned that weaker gas trading will hit profits, writes Jessica Clark. The oil major, which has sought to play down talk that it is plotting a takeover of BP, saw its share price fall as much as three per cent after the "disappointing" update. The stock eventually closed down 2.9 per cent, or 75 pence, at 2553p. Shell will reveal its second-quarter results on July 31, when chief executive Wael Sawan will l…
Shell Issues Profit Warning Ahead of Q2 Earnings Due to Weak Oil and Gas Trading
LONDON — Shell has issued a profit warning for Q2 2025, citing weakened contributions from its oil and gas trading operations, despite gains in refining and chemicals margins. In a statement released today, Shell Plc said that its second-quarter financial performance would be negatively impacted due to lower-than-expected returns from trading and optimization in its oil and gas segments, which have historically been among the company’s most prof…
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