04:23 AM EDT, 07/31/2025 (MT Newswires) -- Shell (SHEL) reported Q2 adjusted earnings Thursday of $0.72 per share, down from $0.99 a year earlier.

Analysts polled by FactSet expected $0.67.

Revenue for the quarter was $65.41 billion, compared with $74.46 billion a year earlier.

Analysts surveyed by FactSet expected $64.11 billion.

Separately, the company said it commenced a $3.5 billion share buyback program that will run for about three months.

Shell shares gained 1.3% in premarket activity.