Shell's quarterly profit roughly doubles to $10.8bn
Shell reported an adjusted profit of $10.8bn for July to September, about double a year earlier and above analyst forecasts, and plans to return $5bn to shareholders.
Shell reported an adjusted profit of $10.8bn (£8.1bn) for the July-September quarter. That is up from $5.432bn in the same quarter of 2025. The Guardian reports the figure beat analyst expectations of $10.33bn.
The Guardian says the Middle East conflict pushed up oil and gas prices and created shortages in the global market. Its headline ties the profit rise to the Iran war. CNBC's headline says refining margins hit a record high. CNBC's report was available only as a headline, so that claim is unverified here.
The Guardian reports Shell will return $5bn to shareholders. It adds that climate campaigners have criticised the size of the profits.
Reported by
- CNBCShell nearly doubles quarterly profit year-on-year as refining margins soar to record highThu, Oct 29, 3:26 AM EDT
- The GuardianShell profits double to $10.8bn as Iran war pushes up profit margin on oilThu, Oct 29, 4:00 AM EDT
- CNBCBP’s third-quarter profit nearly quadruples to $8.5 billion as refining margins surgeFri, Oct 30, 3:51 AM EDT
- The GuardianBP profits jump as Middle East conflict drives up oil refining marginsFri, Oct 30, 4:06 AM EDT
This story was written by AI using only the reports listed above, and published without a person reviewing it first. It is rewritten as new reports arrive. Read the original reporting for full detail. Spot an error? Tell us.