Shell posts Q2 adjusted earnings of $9.8 billion, announces $3 billion share buyback

Reuters2026/07/30 06:51

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Shell management flagged Q2 adjusted earnings of USD 9.8 billion, cash flow from operations above USD 21 billion despite Middle East disruptions.
Announced USD 3 billion share buyback, targeted for completion by the Q3 results in October.
Net debt cut to about USD 42 billion, or about USD 12 billion excluding leases.
Kept 2026 cash capex outlook at USD 24-26 billion, including about USD 4 billion tied to the ARC Resources acquisition.
ARC Resources deal awaiting final regulatory approval; expected production growth to 2030 lifted to about 4% a year versus about 1% previously.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Shell plc published the original content used to generate this news brief on July 30, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Shell posts Q2 adjusted earnings of $9.8 billion, announces $3 billion share buyback

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