Shell has unveiled its first-quarter financial results for 2025, reporting adjusted earnings of $5.58 billion, which exceeded analyst forecasts of $4.96 billion. Reuters noted the impressive earnings performance highlights the company's strong start to the year.
In addition to its earnings report, Shell announced a substantial $3.5 billion share buyback program, marking the fourteenth consecutive quarter of conducting at least $3 billion in share repurchases. Shell is also maintaining its policy of consistent dividend growth, recently increasing the dividend to $0.36 per share.
The company has made strategic adjustments to its capital expenditures, lowering its annual investment budget to $20-22 billion through 2028. Shell is also setting its sights on boosting its LNG sales, targeting a 4-5% increase annually over the next five years, in anticipation of a significant rise in global LNG demand.