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Shell Q2 Headlines Look Positive On Cashflow And Debt Beats

ENERGY SECTOR

Aa2/A+/AA-u

  • “*SHELL 2Q OIL & GAS OUTPUT 2.82M BOE/D, EST. 2.77M
  • *SHELL 2Q ADJ PROFIT $6.29B, EST. $5.98B
  • *SHELL 2Q CASH FLOW FROM OPS $13.51B, EST. $12.17B
  • *SHELL 2Q NET DEBT $38.31B, EST. $40.19B
  • *SHELL 2Q DEBT GEARING 17%, EST. 17.9%
  • *SHELL 2Q ADJ EPS 99C, EST. 93C

  • *SHELL ANNOUNCES A SHARE BUYBACK PROGRAM OF $3.5B” -BBG

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