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Shell Plc 4th Quarter 2025 and Full Year Unau...
Shell plc reported a fourth quarter 2025 income attributable to shareholders of $4,134 million, a decrease from $5,322 million in the third quarter of 2025, primarily due to unfavorable tax movements and lower marketing margins. For the full year 2025, income attributable to shareholders was $17,838 million, an 11% increase compared to $16,094 million in 2024, driven by higher volumes and favorable tax movements, despite lower realized prices. Cash flow from operating activities for the full year 2025 was $42,863 million, down from $54,687 million in 2024, and net debt increased to $45,687 million from $38,809 million. The company announced a new share buyback program of $3.5 billion. Disclaimer*
About this update from Shell Plc
[{"type":"text","content":"\n\n \n \n\n Shell Plc 4th Quarter 2025 and Full Year Unaudited Results\n\n SHELL PLC 4th QUARTER 2025 AND FULL YEAR UNAUDITED RESULTS SUMMARY OF UNAUDITED RESULTSQuarters$ million Full yearQ4 2025Q3 2025Q4 2024%¹ Reference20252024%4,134 5,322 928 -22Income/(loss) attributable to Shell plc shareholders 17,838 16,094 +113,256 5,432 3,661 -40Adjusted EarningsA18,529 23,716 -2212,799 14,773 14,281 -13Adjusted EBITDAA56,135 65,803 -159,438 12,207 13,162 -23Cash flow from operating activities 42,863 54,687 -22(5,190) (2,257) (4,431) Cash flow from investing activities (16,812) (15,155) 4,249 9,950 8,731 Free cash flowG26,052 39,533 6,015 4,907 6,924 Cash capital expenditureC20,915 21,085 9,559 9,275 9,401 +3Operating expensesF35,674 36,917 -39,436 8,998 9,138 +5Underlying operating expensesF35,032 35,707 -29.4%9.4%11.3% ROACED9.4%11.3% 75,643 73,977 77,078 Total debtE75,643 77,078 45,687 41,204 38,809 Net debtE45,687 38,809 20.7%18.8%17.7% GearingE20.7%17.7% 2,859 2,821 2,815 +1Oil and gas production available for sale (thousand boe/d) 2,800 2,836 -10.72 0.91 0.15-21Basic earnings per share ($) 3.03 2.55 +190.57 0.93 0.60 -39Adjusted Earnings per share ($)B3.15 3.76 -160.372 0.358 0.358...