0807 GMT - British energy major Shell should deliver exceptional second-quarter cash flow, which could return its quarterly buyback to $3.5 billion for a period, Berenberg analysts write. In May, it launched a $3 billion buyback. The cash flow will be driven by oil and gas trading, higher commodity prices and strong refining margins, they write. Shell shares have underperformed European peers in the past month and the pullback offers an attractive entry point for investors, they write. Shares fall 0.9% to 3,053 pence.(adam.whittaker@wsj.com)
(END) Dow Jones Newswires
July 09, 2026 04:07 ET (08:07 GMT)
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