Shell plc reported robust second quarter 2026 results, with income attributable to shareholders reaching $10.8 billion, driven by higher prices and trading gains despite volume declines due to Middle East conflicts. The company generated $21.4 billion in operating cash flow and reduced net debt to $41.8 billion, lowering gearing to 18.7%. Shell announced a new $3 billion share buyback program and is set to complete its $13.6 billion acquisition of ARC Resources Ltd. in Q3 2026, expanding its presence in North America. The outlook for Q3 includes expected production adjustments due to maintenance and geopolitical factors.
The Vanguard International High Dividend Yield ETF (VYMI) is rated Buy due to its strong sector positioning in financials, energy, and healthcare, which supports dividend growth and capital appreciation. It has outperformed peers with a 5-year averag...
Crude oil prices fell more than 2% following signs of recovering Saudi Arabian oil exports and potential renewed US-Iran diplomacy. BP and Shell shares declined in early trading as Brent crude dropped to $101.65 a barrel and WTI to $93.97. The market...
