Shell earnings slide as shareholders miss out following £3.4bn pay day – CityAM : CityAM

Shell adjusted earnings slipped 25 per cent to $4.1bn in its third quarter unaudited results, while its shareholders missed out following their hefty pay day.

Shareholders lost $477m in the period, after raking in $3.4bn in the previous quarter.

The energy giant’s net debt shrank to $57.4bn in the quarter, while free cash flow increased to $12.2bn.

More to follow.

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