Shell reports a 4.5% rise in third-quarter net profit

Shell, has unveiled robust financial results for the third quarter of this year, with net profit up 4.5% to $7 billion, although adjusted earnings fell 34% to $6.2 billion.

Share:

Résultats financiers de Shell

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

Shell has published its financial figures for the third quarter, showing a solid performance despite persistent challenges on commodity markets. Group net profit rose by 4.5% year-on-year to $7 billion. However, adjusted earnings, which exclude exceptional items, fell by 34% to $6.2 billion.

 

Analysis of quarterly results

 

Shell CEO Wael Sawan highlighted the company’s strong operational performance, even in an environment of volatile hydrocarbon markets. Oil and gas prices remained high, albeit slightly down on the previous year’s peaks.

Over the first nine months of the year, Shell’s net profit fell by over 40%. This decline was mainly due to lower hydrocarbon prices, lower volumes and lower refining margins. Despite this, net income more than doubled compared with the second quarter, thanks to higher margins and oil prices quarter-on-quarter.

 

Reactions to Shell’s announcements

 

In response to these results, Shell announced a new share buyback program worth $3.5 billion, as well as a one-year dividend increase. These announcements had a positive impact on Shell’s share price on the London Stock Exchange, where it rose by 1.28% shortly after the opening.

 

Shell’s strategy for the energy transition

 

It is also important to note that Shell has recently modified its commitment to reduce oil production by 1 to 2% per year, and is now counting on “stable” production until 2030. The decision met with mixed reactions, with praise from shareholders but concerns expressed by environmentalists.

Shell CEO Wael Sawan said the company is working to ensure energy security while investing in the energy transition. Shell plans to invest between $10 and $15 billion over the next three years in energy transition initiatives.

 

All in all, Shell reported solid third-quarter financial results, despite the continuing challenges facing the hydrocarbon industry. Investments in energy transition and strong operational performance continue to shape the company’s future, as it seeks to balance energy security with the need to reduce its carbon footprint.

The announced merger between Anglo American and Teck forms Anglo Teck, a new copper-focused leader structured for growth, with a no-premium share structure and a $4.5bn special dividend.
Voltalia launches a transformation programme targeting a return to profit from 2026, built on a refocus of activities, a new operating structure and self-financed growth of 300 to 400 MW per year.
Ineos Energy ends all projects in the UK, citing unstable taxation and soaring energy costs, and redirects its investments to the US, where the company has just allocated £3bn to new assets.
Eskom forecasts a load-shedding-free summer after covering 97% of winter demand, supported by 4000 MW added capacity and reduced operating expenses.
GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
SOLV Energy expands its nationwide services in the United States with the acquisitions of Spartan Infrastructure and SDI Services, consolidating its presence across all independent power markets.
Tokenised asset platform Plural secures $7.13mn to accelerate financing of distributed infrastructure including solar, storage, and data centres.
Santander Alternative Investments has invested in Corinex to accelerate the deployment of its smart grid solutions, aiming to address growing utility needs in Europe and the Americas.
Driven by grid modernisation and industrial automation, the global control transformer market could reach $1.48bn in 2030, with projections indicating steady growth in energy-intensive sectors.
A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
ADNOC Group CEO Dr Sultan Al Jaber has been named 2025 CEO of the Year by his global chemical industry peers, recognising his role in the company’s industrial expansion and international investments.
Swedish renewable energy developer OX2 has appointed Matthias Taft as its new chief executive officer, succeeding Paul Stormoen, who led the company since 2011 and will now join the board of directors.
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.
Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGridâ„¢ energy campus, focused on artificial intelligence and high-performance data applications.
Soluna Holdings launched two energy projects in Texas, reaching one gigawatt of cumulative capacity for its data centres, marking a new stage in the development of computing infrastructure powered by renewable energy.
Eneco’s Supervisory Board has appointed Martijn Hagens as the next Chief Executive Officer. He will succeed interim CEO Kees Jan Rameau, effective from 1 March 2026.
With $28 billion in planned investments, hyperscaler expansion in Japan reshapes grid planning amid rising tensions between digital growth and infrastructure capacity.
The suspension of the Revolution Wind farm triggers a sharp decline in Ørsted’s stock, now trading at around 26 USD, increasing the financial stakes for the group amid a capital increase.
Hydro-Québec reports net income of C$2.3 billion in the first half of 2025, up more than 20%, driven by a harsh winter and an effective arbitrage strategy on external markets.

Log in to read this article

You'll also have access to a selection of our best content.