Shell press release ( SHEL ): Q1 Non-GAAP EPADS of $2.42 beats by $0.21 . Revenue of $69.69B (+0.7% Y/Y) misses by $10.66B . OUTLOOK FOR THE SECOND QUARTER 2026 Full year 2025 cash capital expenditure was $21 billion. Our cash capital expenditure for the full year 2026 is expected to be $24 - $26 billion, including ~$4 billion related to the acquisition of ARC Resources Ltd. Integrated Gas product...
Shell press release ( SHEL ): Q1 Non-GAAP EPADS of $2.42 beats by $0.21 . Revenue of $69.69B (+0.7% Y/Y) misses by $10.66B . OUTLOOK FOR THE SECOND QUARTER 2026 Full year 2025 cash capital expenditure was $21 billion. Our cash capital expenditure for the full year 2026 is expected to be $24 - $26 billion, including ~$4 billion related to the acquisition of ARC Resources Ltd. Integrated Gas production is expected to be approximately 580 - 640 thousand boe/d. LNG liquefaction volumes are expected to be approximately 6.8 - 7.4 million tonnes. Second quarter 2026 outlook reflects impact of Middle East conflict including Qatar and higher planned maintenance across the portfolio. Upstream production is expected to be approximately 1,620 - 1,820 thousand boe/d. Second quarter 2026 outlook reflects higher planned maintenance across the portfolio. Marketing sales volumes are expected to be approximately 2,500 - 2,700 thousand b/d. Refinery utilisation is expected to be approximately 91% - 99%. Chemicals manufacturing plant utilisation is expected to be approximately 76% - 84%. Corporate Adjusted Earnings1 were a net expense of $908 million for the first quarter 2026. Corporate Adjusted Earnings are expected to be a net expense of approximately $600 - $800 million in the second quarter 2026. More on Shell Shell Consolidates Its Upstream And LNG Position With ARC Resources Acquisition Shell: Refocusing Will Take Time (Probably A Few Years) Shell: The Company Should Be A Buy, But Near-Term Risks Warrant Patience Shell earnings preview: Q1 profit seen surging 140%, investors weigh Middle East geopolitical risks INEOS teams with Shell Offshore to pursue Gulf of Mexico exploration Editor's note: The revised post updates the Non-GAAP EPADS figure instead of Non-GAAP EPS.
In this article SHEL Follow your favorite stocks CREATE FREE ACCOUNT The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months...
In this article SHEL Follow your favorite stocks CREATE FREE ACCOUNT The Shell gas logo is displayed at a gas station on April 27, 2026 in Austin, Texas. Brandon Bell | Getty Images British energy major Shell on Thursday reported stronger-than-expected first-quarter profit as the Iran war sent energy prices soaring. The oil giant posted adjusted earnings of $6.92 billion for the first three months of the year, beating analyst expectations of $6.1 billion, according to an LSEG-compiled consensus. A separate, company-provided analyst forecast had put Shell's expected first-quarter profit at $6.36 billion. Shell reported adjusted earnings of $5.58 billion over the same period a year ago and $3.26 billion over the final three months of 2025. "Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets," Shell CEO Wael Sawan said in a statement. The earnings come as energy supermajors experience a significant share price boost, with fossil fuel prices soaring since the U.S. and Israeli-led war against Iran began on Feb. 28. Ongoing and severe disruption through the strategically vital Strait of Hormuz has resulted in what the International Energy Agency has described as the biggest energy security threat in history. Oil prices have climbed roughly 40% since the Iran war began, although both Brent crude futures and U.S. West Texas Intermediate futures fell sharply in the previous session amid hopes of an end to the conflict. ARC Resources deal Last month, Shell announced it had agreed to buy Canadian energy company ARC Resources in an output-boosting deal valued at $16.4 billion, including net debt and leases. Shell CEO Wael Sawan described ARC Resources, which is focused on the Montney shale basin in the Canadian provinces of British Columbia and Alberta as "a high-quality, low-cost and top quartile low carbon intensity producer" that would strengthen the firm's resourc...
(RTTNews) - Royalty Pharma plc (RPRX) on Thursday reported higher first-quarter earnings, supported mainly by growth in income from financial royalty assets.
(RTTNews) - Royalty Pharma plc (RPRX) on Thursday reported higher first-quarter earnings, supported mainly by growth in income from financial royalty assets.
(RTTNews) - TIM (TIT, TITR.MI, TIT.MI) reported first quarter loss for the period attributable to owners of the Parent of 292 million euros compared to a loss of 124 millin euros, prior year. Operating profit or EBIT declined to 22 million euros from 209 million euros. Group EBIT
(RTTNews) - TIM (TIT, TITR.MI, TIT.MI) reported first quarter loss for the period attributable to owners of the Parent of 292 million euros compared to a loss of 124 millin euros, prior year. Operating profit or EBIT declined to 22 million euros from 209 million euros. Group EBIT
Tracy Arm Fjord, in southeastern Alaska within the Tongass National Forest, presents a majestic vista, with a narrow sea inlet surrounded by towering granite cliffs, waterfalls and glaciers. One morning last year it also was the site of a powerful landslide that triggered a huge localised tsunami. Researchers have now determined that the tsunami on August 10, 2025, was the second-highest ever rec...
Tracy Arm Fjord, in southeastern Alaska within the Tongass National Forest, presents a majestic vista, with a narrow sea inlet surrounded by towering granite cliffs, waterfalls and glaciers. One morning last year it also was the site of a powerful landslide that triggered a huge localised tsunami. Researchers have now determined that the tsunami on August 10, 2025, was the second-highest ever recorded, with a wave reaching up to 481 metres (1,578 feet) tall – higher than New York City’s Empire...
UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country. UniCredit expects a cumulative hit of €3 billion ($3.5 billion) to €3.3 billion on earnings from the deal, according to a statement Thursday. The transaction won’t affect shareho...
UniCredit SpA has signed a non-binding accord to sell parts of its business in Russia to a private investor in the United Arab Emirates, as the Italian lender accelerates efforts to scale back its presence in the country. UniCredit expects a cumulative hit of €3 billion ($3.5 billion) to €3.3 billion on earnings from the deal, according to a statement Thursday. The transaction won’t affect shareholder distributions nor the bank’s profit goals for 2028 through 2030, it added. “The agreement accelerates UniCredit’s refocusing of its operations in Russia mainly around international payments” for Western and non-sanctioned clients, it said. Read More: UniCredit’s Russia Unit May Attract Bids From UAE-Based Firms The planned sale is the biggest step yet by UniCredit toward exiting the country. UniCredit has been seeking a way out of Russia since the invasion of Ukraine more than four years ago. It has faced pressure from the European Central Bank to leave Russia, and the bank’s presence there has also proved an obstacle in its failed effort a year ago to buy Italian rival Banco BPM SpA. Chief Executive Officer Andrea Orcel has said he won’t relinquish the Russian operations unless he gets a “fair price” for them. The deal signed now will involve spinning off part of its AO Bank unit into a new entity fully owned by UniCredit, while the remaining business will be sold, with completion expected in the first half of 2027, subject to regulatory approvals. UniCredit expects the transaction to deliver a net capital benefit of about 35 basis points despite a short-term hit at closing.
FTSE 100 falls 161 points to 10,276 Markets await response from Iran to US peace proposal Shell, BAE Systems, JD Sport, Hiscox, Centrica, Helios, M&G report results 5.15pm: Stocks pull back London stocks came under pressure on Thursday, with the FTSE 100 down 161 points at...
FTSE 100 falls 161 points to 10,276 Markets await response from Iran to US peace proposal Shell, BAE Systems, JD Sport, Hiscox, Centrica, Helios, M&G report results 5.15pm: Stocks pull back London stocks came under pressure on Thursday, with the FTSE 100 down 161 points at...
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbo-charge profits Shell has reported better than expected profits of $6.9bn after its oil traders reaped the benefits of soaring energy prices during the war in Iran, angering climate campaigners. Higher oil and gas prices during the Middle East conflict helped Europe’s biggest oil and gas company post a 115% jump in first-qu...
Firm benefits from conflict to rake in $6.9bn as higher energy prices turbo-charge profits Shell has reported better than expected profits of $6.9bn after its oil traders reaped the benefits of soaring energy prices during the war in Iran, angering climate campaigners. Higher oil and gas prices during the Middle East conflict helped Europe’s biggest oil and gas company post a 115% jump in first-quarter profits from the $3.2bn reported in the last three months of 2025, easily surpassing the $6.4bn forecast by City analysts. Continue reading...
Kenneth Cheung/iStock Unreleased via Getty Images What stands out about the stock market in 2026 is that a number of growth stocks are still sitting in a bear market, even though the S&P 500 has rallied to fresh all-time highs. Dispersion in the stock market has increased, with investors flocking to semiconductor stocks and leaving software and internet companies behind in the dust. In my view, it...
Kenneth Cheung/iStock Unreleased via Getty Images What stands out about the stock market in 2026 is that a number of growth stocks are still sitting in a bear market, even though the S&P 500 has rallied to fresh all-time highs. Dispersion in the stock market has increased, with investors flocking to semiconductor stocks and leaving software and internet companies behind in the dust. In my view, it's an excellent time for contrarian bets on recent decliners. DoorDash ( DASH ), the food delivery giant, is one company that is overdue a rebound. The company just reported fantastic Q1 results, which sparked a low-teens rally in the stock post-earnings. Still, we note DoorDash remains ~10% down since January and ~30% down from peaks near $275 notched last October - in other words, it's not too late to position ourselves for a rebound here. Data by YCharts I last wrote a "Buy" article on DoorDash in March, when the company was still trading in the mid-$150s. Though DoorDash has jumped since then, I continue to believe that the company enjoys substantial growth tailwinds, especially as its Deliveroo acquisition allows the company to gain global share. I reiterate my "Buy" opinion here. In my view, there are two core elements of the bull case for DoorDash that make a likely case for a near-term rebound in the stock. Investors have feared that amid the weaker macro backdrop in which consumers are eating out less frequently (as can be measured in weakening comp sales trends at leading restaurant chains), DoorDash would either also showcase decelerating order trends or dig deeper into promotions to maintain market share. The reality is that this is not happening. DoorDash is showcasing barely any deceleration in gross order value (GOV), indicating that the convenience habits we've picked up during COVID are difficult to shed. On top of this, the company continues to show rising order contribution margins, which helps to demonstrate that it's not deeper discounts and promotions ...
Tamarack Valley Energy press release ( TNEYF ): Q1 Non-GAAP EPS of $0.20. Revenue of $443.94M (-0.1% Y/Y). First quarter 2026 production averaged 71,329 boe per day, reflecting a 5% increase over Q1 2025. Tamarack's Clearwater assets delivered 53,016 boe per day in Q1 2026, a 19% increase compared to 44,560 boe per day during the same period in the prior year. Cash flows – In the first quarter of ...
Tamarack Valley Energy press release ( TNEYF ): Q1 Non-GAAP EPS of $0.20. Revenue of $443.94M (-0.1% Y/Y). First quarter 2026 production averaged 71,329 boe per day, reflecting a 5% increase over Q1 2025. Tamarack's Clearwater assets delivered 53,016 boe per day in Q1 2026, a 19% increase compared to 44,560 boe per day during the same period in the prior year. Cash flows – In the first quarter of 2026, Tamarack delivered cash provided by operating activities of $183.3 million, adjusted funds flow (1) of $221.8 million and free funds flow (1) of $128.1 million, or $0.26 per diluted share. 2026 Outlook : For the year ended December 31, 2026 Original guidance (Dec. 3, 2025) Capital investments ($ millions) 390 - 410 Annual average production (2) (boe/d) 69,000 - 71,000 Average oil & NGL weighting (%) 84 - 86 Royalty rate (%) 19 - 21 Corporate wellhead price differential – Oil (4) ($/bbl) 1.00 - 1.50 Net operating expense (1) ($/boe) 6.85 - 7.15 Transportation ($/boe) 4.00 - 4.50 Interest ($/boe) 2.70 - 3.10 General and administrative ($/boe) 1.30 - 1.45 Income taxes (% of adjusted funds flow (1) before tax) 10 - 12 Click to enlarge More on Tamarack Valley Energy Tamarack Valley Energy Ltd. (TVE:CA) Q1 2026 Earnings Call Transcript Tamarack Valley Energy Ltd. 2025 Q4 - Results - Earnings Call Presentation Tamarack Valley Energy: 2025 Was A Great Year, But The Valuation Has Also Increased Tamarack Valley Energy Non-GAAP EPS of $0.10 Historical earnings data for Tamarack Valley Energy