00:00It's Benzinga bringing Wall Street to Main Street.
00:02Shell nearly doubled its third quarter adjusted earnings to $10.81 billion from $5.43 billion a
00:10year earlier as geopolitical turmoil drove up crude prices and tightened global fuel supplies,
00:16according to CNBC. Earnings topped analysts' expectations of $9.92 billion, while refining
00:23margins reached a record $42 per barrel. Free cash flow rose to $16.3 billion from $10 billion a year
00:32earlier. Net debt fell to $39.7 billion from $41.75 billion in the previous quarter. Shell increased
00:41its share buyback program to $5 billion from $3 billion and lowered its 2026 capital expenditure
00:48outlook to between $23 billion and $25 billion. Shares rose around 3% Thursday morning, reaching
00:57an all-time high. For all things money, visit Benzinga.com.
