Shell reported second-quarter 2026 adjusted earnings of $3.52 per ADS, beating the Zacks Consensus Estimate of $3.23 and rising from $1.42 a year ago, driven by higher realized prices and margins. Revenues reached $96.3 billion, up from $66.4 billion in the prior-year quarter but missing the consensus by 4.2%. The company returned $5.2 billion to shareholders through dividends and buybacks, and launched a new $4.2 billion share repurchase program. Upstream profit climbed to $3.5 billion, Chemicals and Products to $2.9 billion, and Integrated Gas to $2.7 billion, all significantly higher than the year-ago periods. Cash flow from operations surged 79.5% to $21.4 billion, and free cash flow reached $17.5 billion.
Shell plcShell beats earnings estimates, boosts shareholder returns, and launches new buyback.
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