Shell Plc reported a significantly higher profit in the fourth quarter, with income before taxation reaching $6.898 billion. Despite a slight decrease in revenues, the company announced a share buyback program of $3.5 billion. Adjusted earnings were $3.256 billion, and adjusted EBITDA fell to $12.799 billion. Total revenue and other income were $66.725 billion, with dividends of $0.372 per share for the fourth quarter. The share buyback is expected to be completed by the first quarter of 2026. Looking ahead, Shell projects Integrated Gas production of 920-980 thousand boe/d and LNG liquefaction volumes of 7.4-8.0 million tonnes.

Read more at Nasdaq: Shell Q4 Profit Surges, But Adj. EBITDA, Revenues Down; Plans $3.5 Bln Share Buyback