Shell's Free Cash Flow Boosted by Joint Ventures -- Market Talk

Dow Jones
07/31

0749 GMT - Shell's operating cash flow pre-working capital beat consensus expectations by 22%, Jefferies analysts Giacomo Romeo and Kai Ye Loh write. This is mostly due to a $1.7 billion boost from its joint ventures, they write. Thursday's earnings call with management is likely to focus on buyback resiliency, LNG Canada and cost reductions, they say. Shares trade up 2.4% at 2,744 pence. (adam.whittaker@wsj.com)

 

(END) Dow Jones Newswires

July 31, 2025 03:49 ET (07:49 GMT)

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