Shell fourth quarter 2025 update note
Royal Dutch Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) (SHEL)
Company Research
Source: GlobeNewswire
The following is an update to the fourth quarter 2025 outlook and gives an overview of our current expectations for the fourth quarter. Outlooks presented may vary from the actual fourth quarter 2025 results and are subject to finalisation of those results, which are scheduled to be published on February 5, 2026. Unless otherwise indicated, all outlook statements exclude identified items. See appendix for the definition of the non-GAAP measure used and the most comparable GAAP measure. Integrated Gas $ billionsQ3’25 Q4’25 OutlookCommentProduction (kboe/d)934930 - 970 LNG liquefaction volumes (MT)7.37.5 - 7.9 Underlying opex1.11.2 - 1.4 Pre-tax depreciation1.61.4 - 1.8 Taxation charge0.50.6 - 0.9 Other Considerations:Trading & Optimisation is expected to be in line with Q3’25. Upstream $ billions
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SHEL
News
- Transaction in Own SharesGlobeNewswire
- Transaction in Own SharesGlobeNewswire
- Transaction in Own SharesGlobeNewswire
- Transaction in Own SharesGlobeNewswire
- Transaction in Own SharesGlobeNewswire
SHEL
Sec Filings
- 1/8/26 - Form 6-K
- 1/2/26 - Form 6-K
- 12/29/25 - Form 6-K
- SHEL's page on the SEC website