0734 GMT - Shell's quarterly free cash flow rising by $1.2 billion despite lower commodity prices, a weaker trading result and unplanned downtime at its chemical plants is a decent outcome, Hargreaves Lansdown's Derren Nathan writes. The uptick in free cash flow, however, was not good enough to prevent a further rise in net debt, he adds. While its balance sheet is a key strength, investors may start to get nervous if net debt continues to rise for a prolonged period, Nathan adds. Thankfully for Shell, there are some signs that its financial performance could improve in the third quarter, he adds. Shares trade up 2.65% at 2,748.5 pence. (adam.whittaker@wsj.com)
(END) Dow Jones Newswires
July 31, 2025 03:35 ET (07:35 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.