Shell Stock Edges Higher on Strong LNG Trading and Share Buybacks

Shell's stock price has recently traded in the upper half of its 52-week range after the company reported adjusted earnings of around $24 billion for full-year 2024.

This result was supported by stronger liquefied natural gas trading and continued capital discipline, with Shell allocating tens of billions of dollars to shareholder distributions, including dividends and share repurchases.

The company's cash flow from operations remained strong in 2024, underpinning both dividends and buybacks despite the drop in adjusted earnings compared with 2023.

Shell has emphasized its aim to balance shareholder distributions with investment in its core businesses and selected low-carbon projects, with a focus on sustainability and resilience.