Feb. 1, 2019
Source: Market Watch

Shell posts higher profits for the fourth quarter

Supermajor Shell plc yesterday reported its quarterly earnings for the fourth quarter, registering $104.6 billion in revenue. Shareholders received a net profit of $5.59 billion, which rose from $3.81 billion in the corresponding quarter of last year. The British-Dutch oil major expects a decline in production across its integrated gas and upstream divisions in the first quarter of 2019.

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