Shell posts $6.2 billion third-quarter profit, announces $3.5 billion share buyback
Publishing timestamp: 2023-11-02 04:31:18
Summary
Shell reported a $6.2 billion profit for the third quarter, in line with estimates. The profit was higher than the previous quarter but lower than the same period last year. The company also announced a $3.5 billion share buyback. However, there is criticism over the company's decarbonization program and concerns about achieving net zero.
Sentiment: MIXED
Tickers: BP.-LN, TTE-FR, SHEL-GB,
Keywords: business news, oil and gas, business, breaking news: europe, breaking news: markets, energy, earnings, totalenergies se,