Shell plc reported Q3 2024 income of $4.3 billion, up 22% from Q2 but down 39% YoY. Adjusted earnings were $6.0 billion, down 4% QoQ. Cash flow from operations rose 9% QoQ to $14.7 billion.The company announced a $3.5 billion share buyback program expected to be completed by Q4 2024 results. A Q3 dividend of $0.3440 per share was declared, unchanged from Q2.Performance was driven by higher LNG volumes and favorable tax movements, offset by lower refining margins and oil prices. Integrated Gas earnings rose 7% QoQ to $2.6 billion, while Upstream earnings increased 5% to $2.3 billion. Marketing earnings nearly tripled to $760 million on improved margins.

Shell plc reported Q3 2024 income of $4.3 billion, up 22% from Q2 but down 39% YoY. Adjusted earnings were $6.0 billion, down 4% QoQ. Cash flow from operations rose 9% QoQ to $14.7 billion.The company announced a $3.5 billion share buyback program expected to be completed by Q4 2024 results. A Q3 dividend of $0.3440 per share was declared, unchanged from Q2.Performance was driven by higher LNG volumes and favorable tax movements, offset by lower refining margins and oil prices. Integrated Gas earnings rose 7% QoQ to $2.6 billion, while Upstream earnings increased 5% to $2.3 billion. Marketing earnings nearly tripled to $760 million on improved margins.