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Shell hikes dividend as gas trading business boosts bottom line amid turn away from renewables

Por: MarketWatch Business February 01, 2024

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The London headquartered company beat analysts’ expectations, in posting adjusted earnings worth $7.3 billion, down 26% year-on-year, compared to the $6 billion sum predicted by 24 analysts polled by Shell itself. Shares in Shell increased 3% on Thursday having advanced by 6% over the previous 12 months.  Shell, meanwhile, outlined plans to to lower its investments in renewables following an underwhelming performance from its clean energy... + full article



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