{"id":102493,"date":"2024-10-31T04:12:00","date_gmt":"2024-10-31T07:12:00","guid":{"rendered":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/shell-plc-publishes-third-quarter-2024-press-release\/"},"modified":"2024-10-31T04:12:00","modified_gmt":"2024-10-31T07:12:00","slug":"shell-plc-publishes-third-quarter-2024-press-release","status":"publish","type":"post","link":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/releases\/releases-geral\/shell-plc-publishes-third-quarter-2024-press-release\/","title":{"rendered":"Shell plc publishes third quarter 2024 press release"},"content":{"rendered":"<p><b>Shell plc<\/b><\/p>\n<p><strong> London, October 31, 2024<\/strong><\/p>\n<p>&#8220;Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience of our balance sheet. Today, we announce another $3.5 billion buyback programme for the next three months, making this the 12<sup>th<\/sup> consecutive quarter in which we have announced $3 billion or more in buybacks.&#8221;<\/p>\n<p> <strong>Shell plc Chief Executive Officer,<\/strong> <strong>Wael Sawan<\/strong> <\/p>\n<p><strong><br \/><\/strong>\u00a0<\/p>\n<p><strong> <b>STRONG RESULTS, CONSISTENT DISTRIBUTIONS<\/b> <\/strong><\/p>\n<ul>\n<li>Q3 2024 Adjusted Earnings<sup>1<\/sup> of $6.0 billion, despite the lower crude prices and weaker refining margins, reflect strong operational performance in Integrated Gas, Upstream and Marketing.<\/li>\n<li>CFFO of $14.7 billion for the quarter includes a working capital inflow of $2.7 billion; net debt reduced to $35.2 billion ($9.6 billion excluding lease liabilities).<\/li>\n<li>Cash capex for 2024 is expected to be below the lower end of the $22 &#8211; 25 billion range.<\/li>\n<li> Commencing a $3.5 billion share buyback programme, expected to be completed by Q4 2024 results announcement. Over the last 4 quarters, total shareholder distributions paid were 43% of CFFO. Dividend stable at $0.344 per ordinary share.\n<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:40.5pt;width:646;border-collapse:collapse\">\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>$ million<sup>1<\/sup><\/strong><\/td>\n<td style=\"width:103px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Adj. Earnings<\/strong><\/td>\n<td style=\"width:119px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Adj. EBITDA<\/strong><\/td>\n<td style=\"width:113px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>CFFO<\/strong><\/td>\n<td style=\"width:113px;text-align: center;vertical-align: middle\"><strong>Cash capex<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-bottom: solid black 1pt;border-left: solid black 1pt\">Integrated Gas<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,871<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">5,234<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">3,623<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,236<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-bottom: solid black 1pt;border-left: solid black 1pt\">Upstream<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,443<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">7,871<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">5,268<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,974<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-left: solid black 1pt\">Marketing<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-left: solid black 1pt\">1,182<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-left: solid black 1pt\">2,081<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-left: solid black 1pt\">2,722<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-left: solid black 1pt\">525<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-top: solid black 1pt;border-left: solid black 1pt\">Chemicals &amp; Products<sup>2<\/sup><\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-left: solid black 1pt\">463<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-left: solid black 1pt\">1,240<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-left: solid black 1pt\">3,321<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-right: solid black 1pt;border-left: solid black 1pt\">761<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Renewables &amp; Energy Solutions<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">(162)<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">(75)<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">(364)<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px\">409<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-bottom: solid black 1pt;border-left: solid black 1pt\">Corporate<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">(643)<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">(346)<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">115<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">45<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\" style=\"width:198px;border-bottom: solid black 1pt;border-left: solid black 1pt\">Less: Non-controlling interest (NCI)<\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">126<\/td>\n<td style=\"width:119px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:113px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<td style=\"width:113px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td rowspan=\"2\" style=\"width:83px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">Shell<\/td>\n<td style=\"width:115px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">6,028<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">16,005<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">14,684<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">4,950<\/td>\n<\/tr>\n<tr>\n<td style=\"width:115px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:103px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">6,293<\/td>\n<td style=\"width:119px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">16,806<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">13,508<\/td>\n<td style=\"width:113px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-right: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">4,719<\/td>\n<\/tr>\n<\/table>\n<p><sup>1<\/sup>Income\/(loss) attributable to shareholders for Q3 2024 is $4.3 billion. Reconciliation of non-GAAP measures can be found in the unaudited results, available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BHvnL4jLiYidtGYGwYyNv5Rjzrcmfm-g3Nw_UsnEuZBNHpIy1E5OJFKYno8qLy0QOVhVAt-K5_agQWacVzrTFTOTam7J_XtCzemIxkh5KZc=\" rel=\"nofollow noopener\" target=\"_blank\">www.shell.com\/investors<\/a>.<\/p>\n<p><sup>2<\/sup>Chemicals &amp; Products Adjusted Earnings at a subsegment level are as follows &#8211; Chemicals $(0.1) billion and Products $0.6 billion.<\/p>\n<ul>\n<li> CFFO of $14.7 billion for Q3 2024 includes a working capital inflow of $2.7 billion mainly due to lower prices. CFFO reflects tax payments of $3.0 billion. Net debt reduced by $3.1 billion over the quarter to $35.2 billion ($9.6 billion excluding lease liabilities).\n<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:40.5pt;width:600;border-collapse:collapse\">\n<tr>\n<td style=\"width:165px;border-top: solid black 1pt;vertical-align: bottom\"><strong>$ billion<sup>1<\/sup><\/strong><\/td>\n<td style=\"width:87px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Q3 2023<\/td>\n<td style=\"width:87px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Q4 2023<\/td>\n<td style=\"width:87px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Q1 2024<\/td>\n<td style=\"width:87px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Q2 2024<\/td>\n<td style=\"width:87px;text-align: center;vertical-align: middle;border-top: solid black 1pt;border-bottom: solid black 1pt;border-left: solid black 1pt\">Q3 2024<\/td>\n<\/tr>\n<tr>\n<td style=\"width:165px;border-bottom: solid black 1pt\">Divestment proceeds<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">0.3<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">0.6<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1.0<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">0.8<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">0.2<\/td>\n<\/tr>\n<tr>\n<td style=\"width:165px;border-bottom: solid black 1pt\">Free cash flow <\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">7.5<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">6.9<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">9.8<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">10.2<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">10.8<\/td>\n<\/tr>\n<tr>\n<td style=\"width:165px;border-bottom: solid black 1pt\">Net debt<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">40.5<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">43.5<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">40.5<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">38.3<\/td>\n<td style=\"width:87px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">35.2<\/td>\n<\/tr>\n<\/table>\n<p style=\"padding-left:60px\"> <sup>1 <\/sup>Reconciliation of non-GAAP measures can be found in the unaudited results, available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=BHvnL4jLiYidtGYGwYyNv5Rjzrcmfm-g3Nw_UsnEuZAOIPRaVD5C-iOSJ3wXRoBcnCT_9kvRLI40y1nK-GvCAewk97O6X1jJRbfJ4bl2INA=\" rel=\"nofollow noopener\" target=\"_blank\">www.shell.com\/investors<\/a>. <\/p>\n<p>\u00a0<\/p>\n<p> \u00a0<\/p>\n<p><b>Q3 2024 FINANCIAL PERFORMANCE DRIVERS<\/b><\/p>\n<p>\u00a0<\/p>\n<table style=\"border-collapse: collapse;margin-left:33.65pt;width:747;border-collapse:collapse\">\n<tr>\n<td style=\"width:747px;border-top: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><b>INTEGRATED GAS<\/b><\/p>\n<table style=\"border-collapse: collapse;margin-left:31.5pt;width:576;border-collapse:collapse\">\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt\"><strong>Key data<\/strong><\/td>\n<td style=\"width:107px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:121px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<td style=\"width:121px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q4 2024 outlook<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Realised liquids price ($\/bbl)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">68<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">63<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Realised gas price ($\/thousand scf)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">7.6<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">7.9<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Production (kboe\/d)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">980<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">941<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">900 &#8211; 960<\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">LNG liquefaction volumes (MT)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">6.9<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">7.5<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">6.9 &#8211; 7.5<\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">LNG sales volumes (MT)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">16.4<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">17.0<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><\/td>\n<\/tr>\n<\/table>\n<ul>\n<li><\/li>\n<\/ul>\n<ul>\n<li>Adjusted Earnings were higher than in Q2 2024, due to higher LNG liquefaction volumes. Trading and optimisation results<br \/> were in line with a strong Q2 2024.<\/li>\n<li>Q4 2024 production outlook reflects scheduled maintenance at Pearl GTL in Qatar.<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:27pt;width:747;border-collapse:collapse\">\n<tr>\n<td style=\"width:747px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p><b>UPSTREAM<\/b><\/p>\n<table style=\"border-collapse: collapse;margin-left:31.5pt;width:602;border-collapse:collapse\">\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt\"><strong>Key data<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q4 2024 outlook<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Realised liquids price ($\/bbl)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">78<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">75<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Realised gas price ($\/thousand scf)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">6.2<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">6.6<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Liquids production (kboe\/d)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,297<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,321<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Gas production (million scf\/d)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,818<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,844<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Total production (kboe\/d)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,783<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,811<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">1,750 &#8211; 1,950<\/td>\n<\/tr>\n<\/table>\n<ul>\n<li><\/li>\n<\/ul>\n<ul>\n<li> Adjusted Earnings were higher than in Q2 2024, as lower prices were offset by lower well write-offs than in the previous quarter.<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:27pt;width:747;border-collapse:collapse\">\n<tr>\n<td style=\"width:747px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p><b>MARKETING<\/b><\/p>\n<table style=\"border-collapse: collapse;margin-left:31.5pt;width:602;border-collapse:collapse\">\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt\"><strong>Key data<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q4 2024 outlook<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;border-bottom: solid black 1pt;vertical-align: bottom\">Marketing sales volumes (kb\/d)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,868<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,945<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">2,550 &#8211; 3,050<\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;vertical-align: bottom\">Mobility (kb\/d)<\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,078<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">2,119<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;vertical-align: bottom\">Lubricants (kb\/d)<\/td>\n<td style=\"width:125px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\">84<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">81<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:227px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;vertical-align: bottom\">Sectors &amp; Decarbonisation (kb\/d)<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">706<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">745<\/td>\n<td style=\"width:125px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\"><\/td>\n<\/tr>\n<\/table>\n<p>Wholesale commercial fuels, previously reported in the Chemicals &amp; Products segment, is reported in the Marketing segment (Mobility) with effect from Q1 2024.<br \/>Comparative information for the Marketing segment and the Chemicals &amp; Product segment has been revised.<em><\/p>\n<p><\/em><\/p>\n<ul>\n<li>Adjusted Earnings were higher than in Q2 2024 due to improved Mobility unit margins and impact of seasonally higher volumes. <\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:29.15pt;width:747;border-collapse:collapse\">\n<tr>\n<td style=\"width:747px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p><b>CHEMICALS &amp; PRODUCTS<\/b><\/p>\n<table style=\"border-collapse: collapse;margin-left:31.5pt;width:620;border-collapse:collapse\">\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt\"><strong>Key data<\/strong><\/td>\n<td style=\"width:121px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:121px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<td style=\"width:121px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q4 2024 outlook<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Refinery processing intake (kb\/d)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,429<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">1,305<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Chemicals sales volumes (kT)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">3,052<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">3,015<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Refinery utilisation (%)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">92<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">81<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">75 &#8211; 83<\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Chemicals manufacturing plant utilisation (%)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">80<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">76<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">72 &#8211; 80<\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Global indicative refining margin ($\/bbl)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">7.7<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\">5.5<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<tr>\n<td style=\"width:257px;border-bottom: solid black 1pt;vertical-align: bottom\">Global indicative chemical margin ($\/t)<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">155<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">164<\/td>\n<td style=\"width:121px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt;vertical-align: bottom\"><\/td>\n<\/tr>\n<\/table>\n<p>Wholesale commercial fuels, previously reported in the Chemicals &amp; Products segment, is reported in the Marketing segment (Mobility) with effect from Q1 2024.<\/p>\n<p>Comparative information for the Marketing segment and the Chemicals &amp; Products segment has been revised.<\/p>\n<ul>\n<li>Lower refining margins in Q3 2024 were driven by a stabilising market with increased supply. Chemicals Adjusted Earnings<br \/> were lower than in Q2 2024 due to lower utilisation and lower realised prices.<\/li>\n<li>Trading and optimisation results were in line with Q2 2024.<\/li>\n<\/ul>\n<table style=\"border-collapse: collapse;margin-left:31.5pt;width:747;border-collapse:collapse\">\n<tr>\n<td style=\"width:747px;border-bottom: solid black 1pt;vertical-align: bottom\">\u00a0<\/td>\n<\/tr>\n<\/table>\n<p>\u00a0<\/p>\n<p><b>RENEWABLES &amp; ENERGY SOLUTIONS<\/b><\/p>\n<table style=\"border-collapse: collapse;margin-left:29.7pt;width:561;border-collapse:collapse\">\n<tr>\n<td style=\"width:347px;border-bottom: solid black 1pt\"><strong>Key data<\/strong><\/td>\n<td style=\"width:107px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q2 2024<\/strong><\/td>\n<td style=\"width:107px;text-align: center;vertical-align: middle;border-bottom: solid black 1pt;border-left: solid black 1pt\"><strong>Q3 2024<\/strong><\/td>\n<\/tr>\n<tr>\n<td style=\"width:347px;border-bottom: solid black 1pt;vertical-align: bottom\">External power sales (TWh)<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">74<\/td>\n<td style=\"width:107px;vertical-align: middle;text-align: left;padding-left: 10.0px;text-align: center;vertical-align: middle;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;vertical-align: middle;text-align: left;padding-left: 10.0px;border-bottom: solid black 1pt;border-left: solid black 1pt\">79<\/td>\n<\/tr>\n<tr>&lt;<\/p>\n","protected":false},"excerpt":{"rendered":"London, October 31, 2024\n&#8220;Shell delivered another set of strong results. We continue to deliver more value with less emissions, whilst enhancing the resilience o","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[34],"tags":[],"class_list":["post-102493","post","type-post","status-publish","format-standard","hentry","category-releases-geral"],"acf":[],"_links":{"self":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/102493","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/comments?post=102493"}],"version-history":[{"count":0,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/posts\/102493\/revisions"}],"wp:attachment":[{"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/media?parent=102493"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/categories?post=102493"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bluestudio.estadao.com.br\/agencia-de-comunicacao\/wp-json\/wp\/v2\/tags?post=102493"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}