LONDON, May ⁠7 (Reuters) - Shell's first-quarter adjusted earnings, its ​definition of net profit, rose to $6.92 ‌billion, the company ‌said on Thursday, beating ⁠an ⁠analyst consensus of $6.36 billion in a company-provided poll ​and up from $5.58 billion a year earlier.

The consensus estimate for Q1 2026 revenue is $65.56 billion, and the earnings are expected to come in at $1.03 per share. The full year 2026's revenue is expected to be $240.28 billion, and the earnings are expected to be $3.

Earnings more than doubled—helped by oil trading and higher prices—but the energy major warned of lower production, and lowered its buyback from the previous quarter.

Shell beat analyst expectations in the first quarter of 2026 with earnings comfortably above consensus estimates, as stronger upstream price realisations and resilient gas performance offset production disruptions and high working capital requirements.

Shell's first-quarter adjusted earnings, its definition of net profit, rose to $6.92 billion, the company said today, beating an analyst consensus of $6.36 billion in a company-provided poll and was up from $5.

London, May 7, 2026 "Shell delivered strong results enabled by our relentless focus on operational performance in a quarter marked by unprecedented disruption in global energy markets. The safety

The transaction will add roughly 370,000 barrels of oil equivalent per day to Shell's portfolio and is designed to boost the firm's long-term production.

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