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Shell flags ‘significantly higher’ gas trading and sells South Africa business – UPDATE

Oil & Gas‚ Oil and Gas Industry | intent | July 7, 2026 | Comment off

Shell PLC (LSE:SHEL, NYSE:SHEL) shares jumped over 2% after it said stronger trading and improved refining margins should support second-quarter performance, although production has been hit by disruption to output from Qatar following the war in the Middle East.

Marathon Petroleum Tops Q4 Earnings Estimates Despite Falling Refining Margins

Oil & Gas‚ Oil and Gas Industry | intent | February 5, 2025 | Comment off

Marathon Petroleum booked an adjusted net income of $249 million, or $0.77 per diluted share, for the fourth quarter of 2024. This is significantly lower compared to the adjusted net income of $1.5 billion, or $3.98 per share, for the fourth quarter of 2023.