Coverage dated July 26, 2023

Shell's Profit Sinks on Oil and Gas Price Declines

Headline from Investopedia

ADRs of Shell Plc dropped after the energy giant reported earnings fell by more than half, hurt by falling oil and gas prices.

Investopedia's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Reports & sources

5 articles, oldest first.

Oil Price
Shell’s Earnings Plunge On Lower Oil And Gas Prices (opens Oil Price)
Published Jul 26, 2023
Oil Price's feed description
Shell’s second-quarter earnings dropped dramatically due, in large part, to lower oil and natural gas prices.
Investopedia
Shell's Profit Sinks on Oil and Gas Price Declines (opens Investopedia)
Published Jul 26, 2023
Investopedia's feed description
ADRs of Shell Plc dropped after the energy giant reported earnings fell by more than half, hurt by falling oil and gas prices.
Local News 8
Shell and TotalEnergies profits cut in half by lower oil prices (opens Local News 8)
Published Jul 26, 2023
Local News 8's feed description
By Hanna Ziady, CNN London (CNN) — Shell and TotalEnergies have reported a steep drop in second-quarter profits, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago.
UPI
Lower second quarter energy prices hit Shell’s profits hard (opens UPI)
Published Jul 26, 2023
UPI's feed description
Energy company Shell on Thursday turned in a second quarter profit of $5.1 billion, sharply lower than first quarter levels because of a decline in commodity prices.
CNN
Shell profits cut in half by lower oil prices (opens CNN)
Published Jul 26, 2023
CNN's feed description
Shell has reported a 56% drop in second-quarter profit, as oil and gas prices fell from record highs reached following Russia’s full-scale invasion of Ukraine 17 months ago.