Shell Adjusts Q1 Guidance for Gas Production Boost and Reduced Trading Returns

Friday, 5 April 2024, 11:32

Shell revises its Q1 forecast to reflect a rise in integrated gas production and a decline in earnings from upstream activities. The company now anticipates improved gas output, partially offset by lower trading profits, compared to previous expectations.
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Shell Adjusts Q1 Guidance for Gas Production Boost and Reduced Trading Returns

Shell Q1 Update

Shell has adjusted its first-quarter guidance to include an increase in integrated gas production levels. The company expects a decline in earnings from upstream operations, while gas trading results are predicted to be lower than initially forecasted.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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