Shell's Q1 Earnings Exceed Analyst Forecasts

Shell plc has announced an impressive adjusted earnings of $5.6 billion for the first quarter of 2025, surpassing analysts' expectations of $5.09 billion. Despite this achievement, the figure represents a notable decrease from the previous year's $7.73 billion.

Strategic Financial Moves and Business Highlights

In a significant financial strategy, Shell unveiled a new $3.5 billion share buyback program, continuing its streak of major repurchases for the 14th consecutive quarter. The company reported an operating cash flow of $11.9 billion, excluding working capital. However, total free cash flow experienced a decline to $5.3 billion, attributed to a $2.7 billion working capital outflow.

CEO Wael Sawan highlighted the company's robust performance and strategic advancements, stating, "Shell delivered another solid set of results in the first quarter of 2025." He emphasized the strengthening of Shell's LNG business through the acquisition of Pavilion Energy and the enhancement of its portfolio with the divestments of Nigeria onshore and the Singapore Energy and Chemicals Park.