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Shell reported a first-quarter profit of $6.9 billion, surpassing estimates and prompting a 5% dividend increase, despite a reduction in its share buyback program due to increased debt from war-related energy supply disruptions. #OilIndustry #EnergyProfit #DividendGrowth #GB #QA #AE
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Shell's profit beats expectations at $6.9 billion, raises dividend by 5%
LONDON, May 7 (Reuters) - Shell's (SHEL. L), opens new tab first-quarter profit beat estimates and hit its highest in two years at $6.