Shell's CEO pledges to turn around the company’s struggling chemicals business https://t.co/pZ1dlBEtbx ...

智通财经APP获悉，壳牌集团(SHEL.US)周四发布第二季度财报，由于油价回落，且旗下油气交易部门 难以应对由突发消息引发的剧烈市场波动，该季利润暴跌32%。数据显示，壳牌Q2经调整净利润为42.6 亿美元，虽低于去年同期的62.9亿美元，但超过了分析师平均预期的37.4亿美元。 过去两年，萨万一直在致力于削减成本、提升可靠性并剥离表现不佳的资产，试图缩小与美国同行之间 的估值差距。这场"冲刺"已开始见效——2025年以来，壳牌的表现已超过其他大型石油公司。 分析师们强调，壳牌的资产负债表已得到改善。公司在5月表示，即便原油价格跌至每桶50美元(远低于 当前水平)，其财务实力仍足以支撑每季度回购超过30亿美元的股票。 今年3月，壳牌宣布计划优先考虑股东回报、加大成本节约力度，并进一步推进液化天然气(LNG)业 务。这一战略更新旨在强化其创造价值的承诺，同时继续聚焦"业绩、纪律与精简运营"。 该计划似乎得到了投资者的认可。今年以来，壳牌股价表现优于许多欧美同行，涨幅达8%。相比之 下，英国石油同期上涨3%，法国道达尔下跌2%，埃克森美孚上涨4%。 值得注意的是，就在一个月前，壳牌针对媒体报道曾声明无意收购英国 ...

Core Insights - The CFO of Shell indicated a risk-averse strategy in oil trading during the second quarter due to a disconnect observed between oil price fluctuations and fundamental market conditions [1] Group 1 - Shell's CFO highlighted the volatility in oil prices and its disconnection from the underlying fundamentals [1]

格隆汇7月31日｜壳牌第二季度营收654.1亿美元，预估648亿美元；调整后利润42.6亿美元，预估37.4亿 美元；调整后每股收益0.72美元，预估0.60美元。 ...

壳牌第二季度调整后利润42.6亿美元，预估37.4亿美元。 二季度调整后上游利润17.3亿美元，预估14.8亿美元。 二季度调整后每股收益0.72美元，预估0.60美元。 ...

Financial Performance - Shell reported adjusted earnings of $4.26 billion for Q2 2025, exceeding analyst expectations of $3.87 billion [1][2] - The company's Q2 2025 earnings were lower than the $6.29 billion reported in the same period last year and $5.58 billion in Q1 2025 [2] Strategic Focus - In March, Shell announced plans to prioritize shareholder returns, increase cost savings, and enhance its liquefied natural gas (LNG) initiatives, aiming for value creation while focusing on performance and simplification [3] - The strategic update has positively impacted investor sentiment, with Shell's share price rising by 8% this year, outperforming competitors like BP (up 3%), TotalEnergies (down 2%), and Exxon Mobil (up 4%) [3] Market Position - Shell dismissed rumors of a potential takeover bid for BP, stating in late June that it had "no intention" of making an offer for its struggling rival [4]

智通财经7月31日电，壳牌宣布35亿美元股票回购计划。 ...

Core Points - Shell plc announced an interim dividend of US$ 0.358 per ordinary share for Q2 2025 [1][2] - Shareholders can choose to receive dividends in US dollars, euros, or pounds sterling, with default options based on their holding method [2][3] - The dividend payment for American Depositary Shares (ADSs) is set at US$ 0.716, with each ADS representing two ordinary shares [3][4] Dividend Details - The dividend timetable includes key dates: announcement on July 31, 2025, ex-dividend dates on August 14 and 15, 2025, record date on August 15, 2025, and payment date on September 22, 2025 [5] - The equivalent dividend payments in pounds sterling and euros will be announced on September 8, 2025 [3][5] Additional Information - Shareholders holding shares through Euroclear Nederland will receive dividends in euros unless a valid election is made [2][3] - A Dividend Reinvestment Program (DRIP) is available for shareholders wishing to reinvest their dividends into purchasing more shares [8] - Tax treatment of dividends should be consulted with a tax advisor for shareholders uncertain about their obligations [7]

Core Insights - Shell demonstrated strong operational performance and robust cash flows despite a challenging macroeconomic environment, achieving significant milestones in its deep-water portfolio and LNG operations [1][2][6] Financial Performance - Adjusted Earnings for Q2 2025 were $4.3 billion, with a Cash Flow from Operations (CFFO) of $11.9 billion, enabling a $3.5 billion share buyback program [6][8] - Structural cost reductions amounted to $3.9 billion since 2022, with $0.8 billion achieved in the first half of 2025 [2][6] - The company maintained a strong balance sheet with a gearing ratio of 19% and net debt of $14.3 billion [6][7] Segment Performance Integrated Gas - Adjusted Earnings were $1.7 billion with CFFO of $3.6 billion; LNG sales volumes increased to 17.8 million tonnes in Q2 2025 [3][9] - Realized gas prices decreased to $7.2 per thousand scf, while production slightly declined to 913 kboe/d [9] Upstream - Adjusted Earnings were $1.7 billion, with total production at 1,732 kboe/d; realized liquids prices fell to $64 per barrel [10] - Gas production decreased significantly to 2,310 million scf/d [10] Marketing - Adjusted Earnings rose to $1.2 billion, driven by improved margins in the Mobility unit and higher sales volumes [11] Chemicals & Products - Adjusted Earnings were $0.1 billion, impacted by lower trading results and unplanned downtime; refinery utilization improved to 94% [12][13] Renewables & Energy Solutions - Adjusted Earnings remained stable, with external power sales at 70 TWh and renewables power generation capacity increasing to 7.6 GW [14] Strategic Developments - The first cargo from LNG Canada was shipped, enhancing Shell's LNG position and supporting a growth target of 4-5% CAGR in LNG sales to 2030 [6][8] - The company continued to enhance its deep-water portfolio with new projects in Brazil and Nigeria [6][8]

Core Insights - Shell generated robust cash flows reflecting strong operational performance despite a less favorable macro environment [1][2] - The company achieved significant structural cost reductions totaling $3.9 billion since 2022, enabling a $3.5 billion share buyback program for the next three months [2][6] Financial Performance - Q2 2025 Adjusted Earnings were $4.3 billion, with a Cash Flow from Operations (CFFO) of $11.9 billion [3][6] - The company reported a net debt of $14.3 billion, with a gearing ratio of 19% [6][7] - Total shareholder distributions over the last four quarters accounted for 46% of CFFO [6] Segment Performance Integrated Gas - Adjusted Earnings for Integrated Gas were $1.737 billion, with CFFO of $3.629 billion in Q2 2025 [3] - LNG sales volumes increased to 17.8 million tonnes in Q2 2025 [9] Upstream - Adjusted Earnings for Upstream were $1.732 billion, with total production of 1,732 kboe/d in Q2 2025 [10] - Realized liquids price decreased to $64 per barrel in Q2 2025 [10] Marketing - Adjusted Earnings for Marketing increased to $1.199 billion, driven by improved Mobility unit margins [11] - Marketing sales volumes rose to 2,813 kb/d in Q2 2025 [11] Chemicals & Products - Adjusted Earnings for Chemicals were $(0.2) billion, while Products reported $0.3 billion [4][13] - Refinery processing intake decreased to 1,156 kb/d in Q2 2025 [13] Renewables & Energy Solutions - Renewables power generation capacity increased to 7.6 GW, with 3.9 GW in operation [14][16] - Adjusted Earnings remained stable compared to Q1 2025, despite seasonally lower trading margins [16] Strategic Developments - The first cargo was shipped from LNG Canada, enhancing Shell's LNG position [6] - The company continued to enhance its deep-water portfolio with the start-up of Mero-4 in Brazil and increased interests in Gato do Mato and Bonga [6]