Shell Global(US:SHEL) Globenewswire·2025-10-30 07:01Core Insights - Shell reported strong financial results for Q3 2025, with adjusted earnings of $5.4 billion and cash flow from operations (CFFO) of $12.2 billion, driven by operational performance and higher trading contributions [1][2][3] Operational Performance - Record production levels were achieved in Brazil and the Gulf of America, contributing to the strong operational performance [2] - The Marketing segment delivered its second-highest quarterly adjusted earnings in over a decade [2] Financial Highlights - The company is initiating a $3.5 billion share buyback program for the next three months, marking the 16th consecutive quarter of buybacks exceeding $3 billion [2] - Adjusted earnings and CFFO for Q3 2025 were significantly higher than Q2 2025, with CFFO excluding working capital at $12.2 billion [3][5] Segment Performance - Integrated Gas: Adjusted earnings of $2.1 billion, with production increasing to 934 kboe/d and LNG sales volumes rising to 18.9 MT [3][7] - Upstream: Adjusted earnings of $1.8 billion, with total production reaching 1,832 kboe/d [3][8] - Marketing: Adjusted earnings of $1.3 billion, reflecting higher margins and seasonal volume increases [3][9] - Chemicals & Products: Adjusted earnings of $0.6 billion, driven by strong refining performance [3][11] - Renewables & Energy Solutions: Adjusted earnings increased due to higher trading margins [3][14] Balance Sheet and Cash Flow - The net debt decreased to $41.2 billion, with a gearing ratio of 18.8% [3][5] - Free cash flow for Q3 2025 was reported at $10.0 billion, reflecting strong operational cash generation [6] Upcoming Events - Key investor events are scheduled for February 5, May 7, July 30, and October 29, 2026, to discuss quarterly results and dividends [17]