Shell reported a 16% drop in profit for 2024 on Thursday amid weakness in oil and gas prices and in demand, but shares rose ...

British energy giant Shell on Thursday announced a 17-percent drop in annual net profit owing to weaker oil and gas prices as well as asset write-offs. Profit after tax fell to $16.1 billion in ...

Valuation has dropped to a ~16% FCF yield, giving Shell a record ... all of which could greatly impact Shell's ability to generate profits and cash. Volume guidance also moved lower, specifically ...