The results come as lower oil prices force European energy majors to confront some tough choices this earnings season.
Adjusted earnings fell to $3.26 billion from $5.43 billion in the preceding quarter.
Shell’s profit miss comes after analysts revised down their forecasts, following a company update in January that warned its ...
British energy giant Shell said Thursday that its net profit rose 11 percent last year as higher volumes and lower costs ...
Europe’s largest oil company reported adjusted fourth-quarter net income of US$3.26 billion ($4.1 billion), down 11% from a year earlier and lower than the average analyst estimate of US$3.51 billion.
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