Shell plc reported strongerthan-expected third-quarter 2025 earnings on Oct. 30, buoyed by robust operations, higher trading contributions, and steady upstream performance in key regions.
the oil major posted adjusted earnings of $5.4 billion, topping the company’s own forecast of $5.09 billion. The result compares with $6 billion in the same quarter a year earlier and $4.26 billion in second-quarter 2025. Cash flow from operations (CFFO) totaled $12.2 billion, down from $14.7 billion a year earlier. Cash capital expenditure was at $4.9 billion for the quarter. ‘Shell delivered another strong set of results, with clear progress across our portfolio and excellent performance in our Marketing business and deepwater assets in the Gulf of Mexico and Brazil,’ said chief executive officer Wael Sawan.