Shell Sharp decreases in profit in the first quarter on the weakest oil prices

British oil giant coincidence On Friday, I mentioned stronger profits than expected in the first quarter and maintained the pace of the stock resets program, even with more than a quarter of profits compared to the same period last year.

Shell reported a modified profit of $ 5.58 billion for the first three months of the year, overcoming the expectations of analysts of $ 5.09 billion, according to the consensus of the LSEG consensus. A separate analyst was expected to be expected from the company expected Shell profit in the first quarter at $ 4.96 billion.

She told Shell about the modified profits 7.73 billion dollars During the same period last year-about 28 % higher than the first quarter 2025-and 3.66 billion dollars For the last three months of 2024.

Shell shares were traded by 3.2 % at 8:55 am London time.

Big Oil’s shareholders’ returns were a hot issue for investors, especially with the continued decrease in industry profits Standard records in 2022.

The weak demand expectations, the US crude and commercial policy of the United States, Donald Trump, have rocked the morale of investors in recent months.

For its part, Shell announced on Friday the 3.5 billion dollars re -purchase program, which is expected to be completed during the next three months. The company said it represents the fourteenth quarter in a row at least $ 3 billion in re -purchases.

In contrast, a British competitor BP On Tuesday, the shares re -purchase of shares as The first quarter profit Less than analysts’ expectations fell.

The CEO of Shell Will SAN described the profits as “another strong set of results.”

“Our strong performance and our flexible public budget gives us confidence in the start of 3.5 billion dollars of re -purchases for the next three months, in line with the strategic direction that we set on the day of capital markets in March,” Swan said in a statement.

Chilg again confirmed the decrease in the annual investment budget, ranging from $ 20 billion and 22 billion dollars for 2025.

In March, she was Declare Plan to increase shareholders ’returns, reduce spending, and double the natural texture gas pushing (LNG).