Shell


Shell Q4 2025: Downstream Deterioration and Tax Effects, but Shareholder Distributions Preserved

05/02/26 -"Shell reported a Q4 below expectations, with adjusted earnings of $3.26bn (−40% QoQ), weighed down by non-cash tax effects and a marked deterioration in downstream. Upstream ($1.57bn) and Integrated ..."

Pages
84
Language
English
Published on
05/02/26
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EXECUTIVE SUMMARY

Updates Pension Risks
Target & Opinion Governance & Management
Business & Trends Graphics : Momentum
Money Making Graphics : MACD & Volumes
Debt Graphics : Sensitivities
Valuation Sector: Performance
DCF Sector: Key data
NAV/SOTP Sector: Ratios & Valorisation
Worth knowing Sector: Peers
Financials Sector: Analysis

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