Shell PLC Reports Robust Q3 2025 Results and Announces $3.5 B Share‑Buyback
London, 30 October 2025 – Shell PLC (SHEL.L), the London‑listed energy conglomerate, unveiled its third‑quarter financial results for the year ending 30 September 2025 at a conference call held on 30 October 2025. The company posted an adjusted profit of $5.43 billion, up 27 % from the same period a year earlier, and sustained its quarterly dividend at $0.358 per share.
Earnings and Profitability
Adjusted earnings per share fell 10 % to $0.60, reflecting a decline in revenues but bolstered by higher operating margins in the Integrated Gas division. Net debt decreased 5 % year‑on‑year to $41.2 billion, underscoring the firm’s disciplined balance‑sheet management.
Chief Executive Officer Wael Sawan noted that “Shell delivered a solid profit in a challenging environment, driven by a robust gas portfolio and disciplined cost control.” He also highlighted that the company remains positioned to capitalize on the anticipated oil oversupply scenario in 2026, a view that has been reinforced by a recent warning from the CEO about a potential market glut.
Share‑Buyback and Capital Allocation
In a move aimed at returning value to shareholders, Shell announced a new $3.5 billion share‑buyback programme, maintaining the same pace as in the preceding quarter. The buyback is financed from cash generated by operations, with no impact on the company’s debt profile. Analysts have responded positively to this capital‑allocation strategy, citing an average target price of £28.53 for the shares, and have recommended a buy on the back of the firm’s strong fundamentals and dividend consistency.
Market Reaction
Shares in Shell rose in mid‑trading on the news of the buyback and the upbeat earnings, reflecting investor confidence in the company’s strategic direction. The market viewed the continuation of the buyback programme as a signal that Shell remains committed to enhancing shareholder value despite the current low oil price environment.
Outlook
Looking ahead, Shell remains focused on leveraging its integrated gas operations while exploring acquisitions that can strengthen its portfolio in the face of sustained low oil prices. The company’s leadership signals an intent to continue prudent capital discipline, with a view to sustaining dividends and returning capital through share repurchases.
With a 52‑week high of £2,903 and a recent closing price of £2,847.50, Shell PLC stands as a resilient player in the global energy sector, balancing profitability, debt management, and shareholder returns in a challenging market landscape.
