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The company posted adjusted earnings of $6.92 billion for the first three months of 2026.
Shell reported $6.92 billion in adjusted earnings for Q1 2026, surpassing analyst expectations.
KEY POINTS
- Shell announced a $3 billion share buyback program and a 5% dividend increase after strong results.
- Shell's oil and gas output dropped 4% this quarter due to conflict damage at Qatar's Pearl gas plant.
- Shell secured a $16.4 billion deal to acquire ARC Resources, expanding its North American shale assets.
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