Shell plc reported adjusted earnings of $6.9 billion for the first quarter of 2026. Strong refining margins and improved trading results drove the quarterly performance. Higher realized prices helped the company offset lower production volumes.
Shell increased its quarterly dividend by 5% to $0.3906 per share. The company also launched a new $3.0 billion share repurchase program. Shell expects to complete the buyback before its second-quarter results announcement.