Shell Q1 Profit Jumps 52%, Launches $3.5 Billion Stock Buyback
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 02 2025
0mins
Should l Buy SHEL?
Source: Benzinga
First Quarter Results: Shell plc reported a revenue of $69.234 billion, which fell short of expectations, but adjusted earnings increased by 52% to $5.58 billion, and net income rose significantly to $4.78 billion. The company also announced a $3.5 billion share buyback program and declared a dividend of $0.358 per share.
Future Guidance: For the second quarter of 2025, Shell expects production levels to be lower than previous quarters, with Integrated Gas production projected at 890 – 950 thousand boe/d and Upstream at 1,560 – 1,760 thousand boe/d. Additionally, corporate adjusted earnings are anticipated to be a net expense of $400 – $600 million.
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Analyst Views on SHEL
Wall Street analysts forecast SHEL stock price to fall
10 Analyst Rating
5 Buy
5 Hold
0 Sell
Moderate Buy
Current: 92.030
Low
41.75
Averages
74.27
High
91.00
Current: 92.030
Low
41.75
Averages
74.27
High
91.00
About SHEL
Shell plc is an international energy company engaged in the principal aspects of the energy and petrochemical industries. The Company's segments include Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. The Integrated Gas segment includes liquefied natural gas (LNG), conversion of natural gas into gas-to-liquids (GTL) fuels and other products. It includes natural gas and liquids exploration and extraction, and the operation of the upstream and midstream infrastructure. The Upstream segment includes exploration and extraction of crude oil, natural gas and natural gas liquids. It also markets and transports oil and gas and operates the infrastructure necessary to deliver them to the market. The Marketing segment comprises the Mobility, Lubricants, and Sectors & Decarbonization businesses. The Chemicals and Products segment includes chemicals manufacturing plants with their own marketing network, and refineries.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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- Market Risks: Recent disruptions at the Pearl plant and force majeure on LNG contracts underscore operational risks for Shell, reflecting its sensitivity to commodity price fluctuations.
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- Compliance with Transparency: This announcement adheres to the FCA's Disclosure Guidance and Transparency Rules, ensuring shareholders can accurately calculate their interest in Shell, thereby enhancing market transparency.
- Impact of Buyback Program: The total shares figure includes shares repurchased by Shell that have not yet been canceled, indicating the company's proactive management of its capital structure to enhance shareholder value.
- Notification Requirements: Shareholders can use this total share count as the denominator for determining if they need to notify any changes in their interest, ensuring compliance and maintaining market order.
See More
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- Market Position Enhancement: With Iranian strikes forcing Qatar to halt production, Australia has become the world's second-largest LNG supplier, and its export revenues are expected to surge due to reduced supply, necessitating careful policy adjustments in this context.
- Short-Term Measures Risk: Wake noted that if the government resorts to short-term fixes or populist rhetoric in response to the energy crisis, it could erode project values and render many future growth opportunities in Australia uneconomic and uncompetitive on a global scale.
- Importance of Policy Stability: She emphasized that strong and stable policy frameworks are crucial during the current energy crisis to avoid compromising long-term investment decisions, ensuring national energy security and economic growth.
See More
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- Diverse Trading Venues: The buyback occurred across multiple trading venues, including the London Stock Exchange and Chi-X, demonstrating the company's flexibility in utilizing resources across different markets to optimize its repurchase strategy.
- Background of Buyback Plan: This share repurchase is part of a buyback program announced on February 5, 2026, aimed at enhancing earnings per share and increasing shareholder value, reflecting the company's confidence in future market performance.
- Compliance and Regulation: All repurchase transactions comply with Chapter 9 of the UK Listing Rules and Market Abuse Regulation, ensuring that the company operates within a legal framework for capital management, thereby enhancing investor trust.
See More
