Business
SHELL PLC 2nd QUARTER 2023 AND HALF YEAR UNAU...
SHELL PLC 2nd QUARTER 2023 AND HALF YEAR UNAU....
About this update from Shell Plc
[{"type":"text","content":"\n\n \n \n\n SHELL PLC 2nd QUARTER 2023 AND HALF YEAR UNAUDITED RESULTS\n\n SHELL PLC2nd QUARTER 2023 AND HALF YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Half yearQ2 2023Q1 2023Q2 2022%¹ Reference20232022%3,134 8,709 18,040 -64Income/(loss) attributable to Shell plc shareholders 11,843 25,156 -535,073 9,646 11,472 -47Adjusted EarningsA14,720 20,601 -2914,435 21,432 23,150 -33Adjusted EBITDAA35,867 42,177 -1515,130 14,159 18,655 +7Cash flow from operating activities 29,289 33,470 -12(3,015) (4,238) (6,207) Cash flow from investing activities (7,253) (10,481) 12,116 9,921 12,448 Free cash flowG22,037 22,989 5,130 6,501 7,024 Cash capital expenditureC11,631 12,088 9,653 9,312 9,547 +4Operating expensesF18,964 19,004 —9,607 9,293 9,270 +3Underlying operating expensesF18,900 18,526 +211.6%17.2%14.3% ROACE on a Net income basisD11.6%14.3% 13.4%15.9%12.4% ROACE on an Adjusted Earnings plus Non-controlling interest (NCI) basisD13.4%12.4% 40,310 44,224 46,357 Net debtE40,310 46,357 17.3%18.4%19.3% GearingE17.3%19.3% 2,731 2,902 2,898 -6Total production available for sale (thousand boe/d) 2,816 2,930 -40.46 1.26 2.42-63Basic earnings per share ($) 1.73 3.34 -480.75 1.39 1.54 -46Adjusted Earnings per share ($)B2.15 2.74 -220.3310 0.2875 0.25...